Search Results for: Pakistan

Indian cotton exports to Pakistan are expected to drop sharply after rising political tensions between the two neighbours over the Kashmir issue and the availability of more competitive cotton from West African countries and United States, WTiN has been told.

“There are concerns of [Indian and Pakistan] putting a stop to each other’s trade,” said Atif Dada, chairman of the Karachi Cotton Association, in Karachi.…

Leaders of Pakistan’s ailing clothing and textile industry have told just-style how they are concerned about their sector’s declining exports, calling on the federal government to intervene promptly to reverse this trend.

“Our exports have been continuously falling since 2013 and the government failed to take any remedial measures,” said Muhammad Ijaz Khokhar, Central Chairman of Pakistan Readymade Garments & Exporters Association (PRGMEA).…

A KEY women’s business group in Pakistan has voiced concerns about a fall in textile exports from the country, given the industry is not only the largest foreign exchange earning sector of the country, but a key employer of female workers nationwide.…

Worries are looming large over the Pakistan meat market as exporters fear further falls in exports amid unchecked smuggling of cattle to neighbouring Afghanistan and Iran. According to Nasib Ahmed Saifi, chairman of the All Pakistan Meat Exporters & Processors Association (APMEPA), Pakistan’s halal meat exports have declined by 40% to USD2 billion from USD2.4 billion in just one year: “If the government doesn’t come up with a proper strategy to curb the menace of smuggling, we fear our exports may further go down,” Saifi said.…

COTTON

Cotton maybe one of the most popular fibres for clothing and accessories because of its universality, timelessness, and availability, but this past year has shown that the fibre is not immune to volatile economic markets. World cotton production fell by 17% to 21.65 million tonnes in 2015-2016, the lowest volume since 2003-2004, according to the International Cotton Advisory Committee (ICAC).…

Sri Lanka’s cosmetic and beauty product manufacturers are becoming increasingly anxious over the lack of sales regulations, promoting significant volumes of lower grade cosmetic imports, putting local manufacturers at risk. 

Until July 2015, there was a specific authority to oversee cosmetic products being imported as well as distributed in the country.…

SOUTH Asia’s growing personal care product sector is of increasing importance to international brands, with growing middle classes among vast populations creating a honeypot market with consumers, many accustomed to English-language marketing.

As the region’s hub and overwhelmingly most populous country, India’s beauty and personal care industry will generate sales worth USD13.3 billion in 2016, growing by 14.2% year-on-year, according to UK-based market research firm Euromonitor International.…

A EUROPEAN Commission ruling that Ireland must recover up to EUR13 billion in back-taxes (plus interest) from Apple has signalled a tough approach from Brussels over alleged European Union (EU) competition law breaches associated with sweet taxation deals by member states.…

Pakistan’s textile industry is warning of serious damage to the cotton-related businesses if a new 4% import duty currently charged on raw cotton for textile manufacturers serving domestic market is maintained.

“This policy will have a long term impact on the cotton consumption in Pakistan and the whole value chain will be affected,” Asif Inam, vice chairman of All Pakistan Textile Mills Association (APTMA), in Karachi told WTiN. …

WHILE Pakistan prepares to implement some new reforms to corporate governance rules, a leading female business executive hopes this latest round of reform will lead to greater participation of women on corporate boards as directors.

Economist and business executive Sadia Khan has earned recognition as Pakistan’s leading advocate of improved corporate governance for her work over the past two decades in both the public and private sectors.…