Karachi, March 19, 2020: Zahid Mazhar, Chairman – All Pakistan Textile Mills Association, Sindh-Balochistan Region has demanded the government to take drastic measures to save export-oriented textile industry from the negative economic impact of Novel Coronavirus (COVID-19) as since its outbreak in mid-December 2019, has caused turmoil in the world’s second-largest economy, China, with a trickle-down…
Karachi, July 12, 2019: Yousuf Yaqoob, Chairman, Pakistan Weaving Mills Association (PWMA) has criticized the imposition of 17 percent sales tax on domestic weaving industry. According to PWMA Chairman, the imports of yarn without payment of sales tax by the export-oriented units (EOUs) through Indemnity Bonds and DTRE for exports will jeopardize the existence of…
Karachi, May 14, 2019: Pakistan Weaving Mills Association’s Chairman, Yousuf Yaqoob has condemned the disparity in natural gas sale pricing between the Sindh and Punjab provinces. While demanding a uniform gas tariff for the zero-rated textile sector across the country, Yousuf Yaqoob stated that gas supply to the exporters of zero-rated textile sector in Punjab…