Karachi, March 03, 2021: Hanif Lakhany, Senior Vice Chairman Pakistan Yarn Merchants Association(PYMA) and Vice Chairman Farhan Ashrafi, has expressed deep concern over the unavailability of cotton yarn and the price reaching an all-time high, asked the government to immediately allow duty-free import of yarn & cotton from other countries, including India to save the textile…
Lahore, February 25, 2021: All Pakistan Textile Mills Association (APTMA) has out rightly rejected proposal of allowing import of Cotton Yarn from India. Zahid Mazhar, Sr. Vice Chairman APTMA, while commenting on the statements of Pakistan Hosiery Manufacturers Association and Pakistan Textile Exporters Association said that their narrative is not based on facts and they…
Karachi, February 09, 2021: “The Government, through Presidential Ordinance, must abolish all duties and taxes and allow duty free import of Cotton yarn which is the raw material of value-added textile sector in order to sustain and achieve milestone in enhancement of exports. Government should also place ban on export of cotton yarn of 30…
Karachi, August 12, 2020: Ahmed Chinoy Chairman of Pakistan Cloth Merchants Association said the Lockdown emerged from the global COVID-19 pandemic, it is continuing to devastate communities and jobs, challenge businesses that struggle to survive, and strain fiscal space of governments working to protect both lives and livelihoods. Global trade is heavily impacted as governments…
Karachi, July 6, 2020: Non-removal of anomalies put importers in trouble and they have expressed reservations over non-removal of budget anomalies by ignoring their recommendations and requested for a review Chemical importers have demanded to restore 2 pc income tax on commercial importers and withdraw the decision to increase the income tax rate to 5.5…