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2016-11-28 12:00:00
Pakistan textile export facing downward trend in the current year
Pakistan’s textile exports, the largest foreign exchange earning sector is facing a downward trend by 12.11 percent in the current year. Exports have declined to $8363 billion this year.
2016-09-29 11:08:00
GTex Textile Machinery Brand Expo opens in Pakistan
A 3 day GTex International B2B Textile Machinery Brand Expo organized by Global Enterprise, opened here at Expo Centre on 28th September 2016. The event was inaugurated by Pakistan Engineering
2016-09-19 11:00:00
Bangladesh cotton yarn import increase by 25pc from Jan to July this year
Bangladesh imported 207,644 tonnes of cotton yarn from January to July this year an increase by more than 25 percent during the first seven months in 2016. Major portion of the yarn has been
2016-09-12 15:00:00
Ministry of textiles to notify rebate of State Levies on export of garments
The ministry of textiles has notified first of its kind scheme with unique features for Rebate of State Levies on Export of Garments (ROSL) which will apply with ‘Let Export Order’. The
2016-09-12 12:00:00
CM Fadnavis inaugurates first integrated textile park in Vidarbha
Chief Minister Devendra Fadnavis performed bhoomipujan of Gimatex Industries Private Limited’s first Integrated Textile Park in Vidarbha and new extended spinning unit at Hinganghat. The first
2016-08-29 16:00:00
Pak govt on import of textile waste used as raw material collects 22pc tax
Pakistan’s spinning mills importing fabric waste are forced to pay 17% sales tax and 5% withholding tax at the import stage, which they cannot recover due to overall zero-rating status of the
2016-08-11 14:00:00
Riverside adds Sina Pearson into Momentum Textiles platform
The Riverside Company a global private equity firm focused on making control and non-control investments in growing businesses acquired Sina Pearson, contract textile supplier that designs and
2016-08-05 17:00:00
Sutlej Textiles to focus more on home textile segment and exports
Sutlej Textiles and Industries Ltd (STIL), one of the largest integrated textile manufacturing companies and having strong position in the Indian Textile sector in the manufacturing of value added
2016-08-05 16:15:00
Branded apparel may get costlier with the implementation of GST
With the implementation of the goods and services tax (GST) that is expected by April 2017. According to industry and experts, tax incidence on branded apparels and other finished textile products
2016-07-31 16:00:00
Chinese textile firms keen to establish JVs with Pakistani companies
Chinese textile firms showing keen interest to establish joint ventures with Pakistani companies, as China’s labour intensive industries were becoming uncompetitive due to high production
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