Search Results for: Pakistani

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.…

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.…

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. …

PAKISTAN has been staging talks with the British government to lessen impact of Brexit on Pakistan’s textile and other key industries.

A senior official at Pakistan’s ministry of commerce told WTiN.com that Pakistani officials had already consulted London officials about how trade concessions available to Pakistan through the European Union’s (EU) GSP+ scheme would continue after a UK exit from the EU.…

Pakistan’s shampoo and conditioner market is following the positive trend seen within the country’s beauty and personal care sector in general – more women in work who want to look good are prepared to buy these products.

UK-based market research firm Euromonitor International has said that its modelled data indicated that the country’s USD158 million’s worth of hair shampoo retail sales in 2014 leapt to USD179 million in 2015, and could reach USD240 million by 2020.…

THE PAKISTAN government has reduced customs duties on importing machinery used in the livestock and meat industry from 5% to 2% to encourage investment and development in the livestock and meat industry.

Incubators, brooders and animal feedstuffs machinery are among the imports that will see duties reduced in this way.…

Pakistan’s largest multi-industry conglomerate, the Fauji Group, has launched the country’s biggest and state-of-the-art halal abattoir and meat processing and exporting unit near Port Qasim, Karachi. The Fauji Meat Ltd (FML) subsidiary-run facility, which has been fully operational since April (2016), has a daily production capacity of 100 tonnes of meat (85 tonnes of beef and 15 tonnes of mutton, according to a company note) in both frozen and chilled categories per day for worldwide export, and cost an estimated USD75 million to build.…

Pakistan remains a source of concern to global anti-money laundering (ML) authorities even though the Financial Action Task Force (FATF), the world’s leading AML organisation, removed the country from its monitoring process last February (2015). Then, FATF cited Pakistan as having made “significant progress” in improving its AML and CFT (combating the financing of terrorism) regime.…

It gets exceedingly hot in Riyadh in the summer, with the mercury rarely below 40 degrees Celsius, but that does not deter Moazam Shah from going for his evening run around the residential compound he lives in with his family.

After six years in the Kingdom of Saudi Arabia, Pakistani national Shah has acclimatised to exercising in extreme heat: “It’s a time for myself, to catch up on my thoughts,” he told Accounting & Business at the Ritz-Carlton Hotel in Manama, Bahrain.…

PAKISTAN’S textile sector is struggling as exports are declining, with producers unable to compete with regional countries such as Bangladesh and Vietnam,

Jawed Bilwani, chairman of the Pakistan Apparel Forum has told WTiN.com. In an interview he warned that looking at trade data for financial year 2014-15 compared to 2013-2014: “Our textile exports are declining persistently and are in a state of emergency.”…