News Tags

Related Keywords: Commercial Specialist Economic & Trade Section, knitted clothing manufacturers and exporters, Pakistan Hosiery Manufacturers and Exporters Association, Pakistani textile exports to Germany, Pakistani textile manufacturers, value added textile sector

Umar Majeed Commercial Specialist Economic & Trade Section was also accompanied while exporters Dr Khuram Tariq, Qamar Aftab, Muhammad Amjad Khawaja and others were also present on the occasion. He said that a traders’ delegation from Germany would soon visit to Pakistan to explore business opportunities in Pakistani market.

Related Keywords: Pakistan Hosiery Manufacturers and Exporters Association, Pakistan textile exporters association, Power Loom Owners Association and Pakistan Sweater Exporters Association, Textile mills

Aptma Chairman Aamir Fayyaz made a detailed presentation on the existing state of affairs in the Punjab-based textile industry. He said the regional competitors were competing Pakistan ahead due to the timely interventions by their governments. The presentation also highlighted a huge difference in cost of production in Pakistan compared to the regional countries. He said the government should immediately address the energy cost issues by ensuring uniformity in prices, i.e., electricity at Rs7 per kWh and LNG at Rs600 per MMBTU.

Related Keywords: also demanded relaxation for the import of cotton yarn, appreciating move to withdraw duties and taxes, Chairman Dr Khurram Anwar Khawaja, encourage value-addition, import of cotton, Pakistan Hosiery Manufacturers and Exporters Association, PHMA, raw material for value-added knitwear sector

Pakistan Hosiery Manufacturers and Exporters Association (PHMA) Chairman Dr Khurram Anwar Khawaja appreciating the move to withdraw duties and taxes on the import of cotton to encourage the value-addition has also demanded the same relaxation for the import of cotton yarn, which is a raw material for value-added knitwear sector.

Related Keywords: adding advanced technology, bilateral trade with Pakistan, cut production cost, Danish companies, Danish government, help increase production, improve quality of products, keen interest to enhance, knitwear manufacturing, Pakistan Hosiery Manufacturers and Exporters Association, sign joint venture, various sectors including textile and knitwear

Danish government showing keen interest to enhance bilateral trade with Pakistan, in various sectors including textile and knitwear. Denmark Ambassador to Pakistan Rolf Michael Hay Pereira Holmboe said on Wednesday speaking to traders at the Pakistan Hosiery Manufacturers and Exporters Association (North Zone) office, said that the Danish companies would sign joint ventures in different sectors with Pakistani companies to enhance bilateral trade.

Related Keywords: advised to focus on value addition, Commerce Secretary Younis Dagha, compared to neighbouring countries, compete in the international market, cost of doing business is higher, decline in exports, effluent treatment plant, lack of value addition major reason, Pakistan Hosiery Manufacturers and Exporters Association, Pakistan textile industry

Pakistan textile industry has been advised to focus on value addition to compete in the international market as lack of value addition is one of the major reason behind the decline in exports, said Commerce Secretary Younis Dagha on Wednesday while addressing an event hosted by Pakistan Hosiery Manufacturers and Exporters Association.

According to Dagha, cost of doing business is higher in Pakistan compared to neighbouring countries, but it is not the only hurdle in exports as they have not played their role in value addition… industrial production remains lower.

Related Keywords: dyed blended polyester cotton garments, export of hosiery and woven garment, Federal Board of Revenue, Pakistan Hosiery Manufacturers and Exporters Association, PHMA, raised DBK rates, rates are worked out by the Input-Output Co-efficient Organisation of Customs. white blended polyester cotton garment, revised proposal on DBK

Pakistan Hosiery Manufacturers and Exporters Association (PHMA) had submitted revised proposals on duty drawback rates on export of hosiery garments and woven garment to the Federal Board of Revenue (FBR) which has been finally accepted.

The Federal Board of Revenue (FBR) has raised duty drawback rates on export of hosiery garments and woven garments. The rates are worked out by the Input-Output Co-efficient Organisation (IOCO) of the Customs.

Related Keywords: Ambassador of Denmark, challenge of energy crises, GSP-Plus status, Jesper Mollar Sorensen, many Danish companies, Pakistan Hosiery Manufacturers and Exporters Association, strength bilateral trade ties, visible improvement in governance, xpected to establish their offices

Ambassador of Denmark, Jesper Mollar Sorensen addressing a dinner hosted in his honour by Pakistan Hosiery Manufacturers and Exporters Association (PHMA) said that many Danish companies have completed their home work and are expected to establish their offices in Pakistan following visible improvement in governance and law and order situation.