value+added+sector+1 | YnFx - Part 34

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2016-03-27 11:00:00

Thai textile industry to take next step into high tech garments

Thai textiles and garments have strong potential to grow and add higher value hence the government is promoting a new investment policy under the concept of clusters, expecting to bring Thai

2016-03-26 15:00:00

Textile exports plunged by 9pc in July-Feb despite GSP plus status

The textile sector has been facing chronic energy shortages and stuck-up exports refunds due to which textile and clothing exports plunged from $9.166bn to $8.363 billion in the first eight months

2016-03-22 16:00:00

Tax concessions to help revive yarn units of Punjab and Haryana

Buying of cheaper cotton yarn by fabric and garmenting units located in Ludhiana and Gurgaon from other parts of India had hit local units due to high value added tax (VAT). The tax concessions

2016-03-17 13:00:00

IL&FS plans to launch EDS an online platform for textile and apparel SMEs

IL&FS Cluster Development Initiative Ltd (IL&FS Clusters) is a subsidiary of IL&FS Group, has been established for developing solutions for textile and apparel SMEs is planning to launch "Enterprise

2016-03-11 11:00:00

Bilateral agreements with Australia, Africa to boost textile export

The Union textiles ministry through bilateral agreements with Australia, the Commonwealth of Independent States and Africa is trying chase target set to double textile exports in 10 years. The

2016-03-10 15:30:00

Textile cos urge govt to rollback excise duty proposed on branded RMG

Finance Minister Arun Jaitley while presenting the budget in Parliament on February 29 had proposed a one percent excise duty on readymade garments worth Rs 1,000 and above. Textile companies have

2016-03-07 17:00:00

Pakistan despite quality yarn to perform poorly in cotton export

Pakistan despite being the fourth largest producer of cotton has been performing poorly in cotton trade. The cotton consumption is likely to decline by 12 percent this year. By consuming 2.2 million

2016-03-03 16:00:00

24-hour gas supply for textile mills in Pakistan

The Punjab textile industryâ€™s problem of disparity, affordability and viability has been resolved to a large extent with the supply of RLNG, which the industry was facing for the last six

2016-02-27 12:00:00

Costly textile raw materials hinder growth

The basic raw materials, MMF and filaments, were costlier by 23 to 30 percent due to 5 per cent import duty, four percent special additional duty, 12.5 percent central excise duty and anti-dumping

2016-02-26 16:00:00

Pakistan govt to release Rs5mn refunds to exporters from March

Commerce Minister Khurram Dastgir Khan informing the National Assembly (NA) said that the refunds issue of exporters would be resolved very soon as the government would release Rs5 million refunds

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