Search Results for: Pakistan

WITH the Asia-Pacific coatings market and industry being one of the most dynamic worldwide, experiencing continuous robust growth, the potential for additives to give brands an edge in seizing market share is increasingly important.

Backed by buoyant construction, automotive and marine industries across the Asia Pacific, the region’s paint and coatings additives market is showing promising growth, analysts say.…

Malaysia’s money laundering regulation and policies may be on par with international best practice, but their implementation has been tested of late, experts say. These concerns have been sharpened by the scandal related to Malaysia’s sovereign wealth fund 1 Malaysia Development Bhd or 1MDB, with Malaysia’s former Prime Minister Najib Razak accused of channelling more than Malaysian Ringgit MYR 2.67 billion (USD700 million) from the fund to personal bank accounts.…

THE WORLD Trade Organisation (WTO) Disputes Settlement Body (DSB) has approved establishing disputes settlement panels ruling sought by the USA on whether retaliatory duties imposed by the European Union (EU), Canada, China, and Mexico on US confectionery and sweet bakery and associated ingredient exports, imposed in response to America’s controversial steel and aluminium tariffs, break WTO rules.…

PAKISTAN’S textile sector has been encouraged by the country’s new government’s reforms to gas pricing to request exemptions from duties and taxes on imports of raw materials – and the long-awaited release of refunds by the Federal Board of Revenue (FBR).…

PAKISTAN’S textile and clothing sector representatives have expressed conflicting views over an International Finance Corporation (IFC) initiative aimed at supporting textile industry efforts to reduce energy consumption with a view to improving sustainability.

The All Pakistan Textile Mills Association (APTMA) termed the IFC move a very positive step for Pakistan’s ailing textile sector while the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) thought otherwise, claiming the plan would not work because it doesn’t provide remedies for the real issues of the textile sector.…

The World Wide Fund for Nature (WWF) and the Vietnam Textile and Apparel Association (VITAS) have endorsed a project named ‘Greening Vietnam’s textile sector through improving water management and energy sustainability’ with the declared aim of transforming the Vietnamese textile industry into a more environmentally friendly and sustainable one.…

THE Securities and Exchange Commission of Pakistan (SECP) and All Pakistan Textile Mills Association (APTMA) are set to sign a Memorandum of Understanding (MoU) to assist the textile industry representative body in relation to ease of doing business, training of companies’ directors and registration of new companies.…

As he took in the fourth Africa Sourcing and Fashion Week (ASFW) in the Ethiopian capital of Addis Ababa last week, Kenneth K Han, managing director of Shints ETP Garment Plc, said he is optimistic over the country’s potential in the textile and apparel sector, despite many challenges.…

PAKISTAN’S textile industry is pinning high hopes on the country’s newly-sworn-in government of Prime Minister Imran Khan for the revival of the textile sector – fixing the financial damage it has suffered through dwindling exports.

In its manifesto, Khan’s victorious party Pakistan Tehreek-e-Insaf (PTI), raised the hopes of the business community – notably exporters – to put the Pakistan economy back on track by reviving the textile sector which contributes around 60% to the country’s total exports.…

PAKISTAN’s textile sector is gearing up to shift to solar and other renewable energy to combat the effects of escalating power costs which have rendered their businesses uncompetitive in the region.

Reon Energy, which is part of Dawood Hercules Group, based in Karachi, has recently completed the installation of a one megawatt solar project at Kohinoor Textile Mills Limited (KTML), in the Punjab province.…