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Search Results for: no tax

Rise in waste cotton price force open end spinners to stop production
The Open End Spinning mills plan to stop production from the end of this month with increase in prices of waste cotton, which is the main raw material for open end spinning mills. According to
Dull trading seen at cotton market
Dull trading was witnessed at cotton market on Tuesday by Karachi Cotton Exchange, the spot rates continued to remain unchanged. According to traders, the activity remained slow in the market,
Pakistan offers $1.7 bln in incentives to revive its textile industry
Prime Minister Nawaz Sharif announced a package of incentives worth 180 billion rupees ($1.72 billion) after a meeting with top exporters on Tuesday aimed at reviving the struggling textile
Nepali jute products export to India halted completely since three weeks
Indian government had released a notification to levy excise duty on jute products from Nepal, Sri Lanka and the Maldives in 2015, it only started enforcing the notification from December 15 last
Discriminatory policies affects weaving sector in Pakistan
Pakistani weaving sector, due to the discriminative policies of the government are suffering and almost on the verge of collapse, especially indirect traders who supply goods to the
BD inks jute export deal with Australia
Bangladesh Jute Mills Corporation (BJMC) has signed an agreement with Golden Fiber Australia Private Limited (GFAPL) of Australia under this deal BJMC will export different jute goods including sacks
Indian govt working to lift CVD imposed on Nepali jute
India is the major market for Nepali Jute. After India imposed a huge Countervailing Duty (CVD) on jute, it has affected six jute industries of Biratnagar. However, imposition of CVD on jute
Vietnamese textile sector workers need retraining to compete with robots
With the technology movement in Vietnam, millions of workers in the textile sector to get affected, according to a survey by the Chamber of Commerce and Industry of Vienam on labour market
Indian jute industry cringes
A major exporter of jute to Europe, the country has now shrunk to producing only 17,000 tonnes of jute. The jute industry has been dropped from the government’s priority list even though
Vinatex urged to improve its value chain and operate efficiency next year
At a recent conference held to review Vietnam National Textile and Garment Group (Vinatex’s) business results in 2016, Deputy Minister of Industry and Trade Cao Quốc Hưng has urged
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