APTMA summons meeting after govt ends concessions on power bills
All Pakistan Textile Mills Association (APTMA) has summoned an emergency meeting next week to discuss 'options including closure of textile mills'.
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APTMA
APTMA suggests to impose 200pc duty on Indian products
APTMA has asked Advisor to Prime Minister on Commerce Abdul Razaq Dawood for a 200 percent duty on all Indian products.
Govt announces cheaper electricity for five export industries
ISLAMABAD: The federal government has extended relief to the export sector with cheaper electricity to five export-oriented industries, ARY News reported on Tuesday.
Prime Minister Imran Khan has approved cheaper rates of electricity for five export industries including textile, surgical instruments, sports goods, carpets and leather industries, sources said.
The government has slashed per unit rate of electricity for these industries from existing 14 rupees to 10 rupees per unit.
The textile manufacturers have…
No decision taken to increase gas, electricity tariff: Asad Umar
ISLAMABAD: Finance Minister Asad Umar on Friday said that the government will provide all possible cooperation to the textile industry for increasing exports, ARY News reported.
Talking to a delegation of All Pakistan Textile Mills Association led by Aamir Fayyaz Sheikh in Islamabad, the minister said that the news relating to increase in gas and electricity tariff has been misreported in the media as no such decision has been taken so far.
The delegation congratulated the finance minister on assuming charge of the…
Pakistan’s cotton imports to hold near record highs as output dwindles
MUMBAI, INDIA: June 29 Cotton imports by Pakistan are expected to remain near record-high levels in the year to July 2017, as erratic weather forces farmers in the world's fourth-biggest producer to trim area under the crop, industry officials said.
Textile mills observe shutdown to press for industry demands
KARACHI: On the call of All Pakistan Textile Mills Association (APTMA), textile millls observing countrywide shutdown on Wednesday (today) to press for the demands of the textile industry, ARY News reported.