Search Results for: Pakistani

PAKISTAN’S paint and coatings sector is understandably suffering from Covid-19, which has hit the country hard with 276,288 cases and 5,892 deaths as of July 28. But the industry has been expanding and its executives hope for a sustained recovery once the pandemic has abated, ending the current series of rolling smart lockdowns targeting infection hotspots.…

ANTI-money laundering authorities in Nepal hope an upcoming 2020-21 review by the Asia/Pacific Group on Money Laundering (APG) will conclude this Himalayan state is at least largely compliant with all FATF recommendations and special recommendations, although experts admit the review will be tough.…

ANTI-money laundering authorities in Nepal hope an upcoming 2020-21 review by the Asia/Pacific Group on Money Laundering (APG) will conclude this Himalayan state is at least largely compliant with all FATF recommendations and special recommendations, although experts admit the review will be tough.…

Kabeer Naqvi, CEO of U Microfinance Bank Ltd, one of Pakistan’s fastest growing businesses, is clearly a man in a hurry. His bank – branded U Bank – is digitising quickly as it grows its deposits and its important lending business, that is pulling many thousands of Pakistanis out of poverty and into lives of sustainably growing income.…

With an improving law and order situation, business-friendly policies from its elected government, and incoming Chinese investment under the Beijing-backed CPEC (China-Pakistan Economic Corridor) programme, Pakistan is becoming an increasingly attractive location for foreign direct investment, especially in the textile and clothing sector, an international conference has been told.…

With Pakistan’s digital textile printing industry production growing at an average of at least 5% annually in recent years, according to the All Pakistan Textile Mills Association (APTMA), with the country’s digital textile printing industry being an important focus of investment in a sometimes-troubled textile sector.…

PAKISTAN’S Punjab province is set to host a new textile and garment manufacturing hub established with a Chinese company’s investment under a private partnership arrangement. Beijing-based China Railway, the major state-backed public transport and infrastructure company has said will invest USD500 million in what it calls ‘a garment city’ spreading over 400 acres at Ferozepur Road, Lahore, the provincial capital of Punjab province.…

TEXTILE and garment-makers in Vietnam need to continue investing in new technology to remain competitive and make their ability to meet growing demand sustainable, exports say. And there is concern that the capital required may be tough for small-and-medium-sized manufacturers to source.…

PAKISTAN’S textile manufacturers and exporters appear divided over the possible negative impact on the country’s textile sector arising from prevailing tensions on the Indian border.

According to exporters, concern cause by air strikes by India in Balakot – in Pakistan’s Khayber Pakhtunkhwa province – on February 26 – will affect export volumes as some foreign buyers may have diverted new orders to other countries like Bangladesh and China.…

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.…