Karachi, September 27, 2019: Dr. Amanulla Kassim Machiyara, Chairman (Elect) APTMA has urged the Government to immediately withdraw the Regulatory Duty @ 3 percent. Additional Custom Duty @ 2 percent and Sales Tax @ 5 percent levied on the import of raw cotton so as to enable the textile industry to meet its requirements and…
Islamabad, May 13, 2019: APTMA is hopeful that the new economic team is capable enough to bring out Pakistan from the present alarming economic situation of the massive fiscal and current account deficits, rising trade deficit gap, unprecedented depreciation of Pak Rupee, highest discount rate in the region, increasing trend in inflation, and negative growth of…
Karachi, January 7,2019: Zahid Mazhar, Chairman, All Pakistan Textile Mills Association, Sindh-Baluchistan Region has demanded from the government that the industry of the province of Sindh should not be deprived of their constitutional right in supply of natural gas under Article 158 of the Constitution of Pakistan. He said that the province of Sindh is producing…
Karachi, December 5, 2018: Pakistan’s present economic situation is miserable and the only answer to come out of the massive fiscal and current account deficits, rising trade deficit gap, unprecedented depreciation of Pak Rupee, highest discount rate in the region and increase trend in inflation is only and only increase in exports. Zahid Mazhar, Chairman…