Search Results for: Pakistan
10 results out of 489 results found for 'Pakistan'.
EU AND ILO AIMING AT MAKING PAKISTAN LEATHER AND TEXTILE FACTORIES POSSIBLE TO WORK
THE INTERNATIONAL Labour Organisation (ILO) is running a project, largely funded by the European Union (EU), to improve compliance with labour and environmental standards for companies in Pakistan, mostly in the textile and leather sectors. The EU budget contribution is EUR12 million, with the remaining EUR600,000 being co-financed by the United Nations’ agency, which will take the lead in implementation.…
INTERNATIONAL REGULATORY ROUND UP – BANGLADESH POISED TO RATIFY EMERGING MARKET TRADE DEAL
GLOBAL knitwear outsourcing centre Bangladesh is expected to soon ratify the emerging market D-8 PTA preferential trade agreement, newspaper reports in Dhaka say, indicating the government may have loosened demands over rules of origin. Bangladesh has been pushing for its manufacturers to gain privileged access to D-8 markets (Iran, Indonesia, Malaysia, Pakistan, Nigeria and Turkey, as well as Egypt if it also ultimately ratifies), if 30% of value in a product is created within Bangladesh.…
PAKISTAN MILK POWDER TRADERS FEAR GOVERNMENT DUTY HIKE
PAKISTAN’s milk powder importers have told just-food they are unclear whether their government will go ahead with budget plans to increase import duty on imported milk powder, opposing such a hike in principle.
Concern has been raised proposals made in the government’s federal budget for 2017-18, which included a plan to increase duties by 5% in some cases and 15% in others on 565 imported items.…
PAKISTAN’S BANKING BOOM MEANS ACCOUNTANTS HAVE GROWING ROLE TO PLAY IN KEEPING GROWTH ON TRACK
A CLEAR sign of sustainable development in any country is a switch away from cash and towards formal banking – it is a sign that companies and employees expect their earnings to continue, and that they are prepared to pay tax.…
PAKISTAN TEXTILE EXECUTIVES WOO CHINESE WITH PROPOSALS OF LOW COST AND HGH TECH JOINT VENTURES
PAKISTANI textile business executives have welcomed the enthusiasm of Chinese investors to bring investments into Pakistan’s textile sector through joint ventures and relocating of their textile production units, because of rising costs and tightening environmental regulations within China.
According to All Pakistan Textile Mills Association (APTMA), Chinese interest has in Pakistan has grown further after the APTMA secretary general gave a comprehensive presentation at a conference in Shishi city, in Fujian province, organised by the China Textile Information Centre from April 19-20.…
TEXPROCIL HAILS MAJOR INDIAN TEXTILE EXPO SHOW AS OPPORTUNITY TO SHOW COTTON TEXTILE SECTOR’S TALENT
INDIA’S Cotton Textiles Export Promotion Council (TEXPROCIL), one of the oldest textile export promotion councils in India, is looking forward to an Indian-government promoted major conference and exhibition ‘Textiles India – 2017’, in Gandhinagar, Gujarat, from June 30 to July 2.…
TEXPROCIL HAILS MAJOR INDIAN TEXTILE EXPO SHOW AS OPPORTUNITY TO SHOW COTTON TEXTILE SECTOR’S TALENT
INDIA’S Cotton Textiles Export Promotion Council (TEXPROCIL), one of the oldest textile export promotion councils in India, is looking forward to an Indian-government promoted major conference and exhibition ‘Textiles India – 2017’, in Gandhinagar, Gujarat, from June 30 to July 2.…
PAKISTAN AND SPAIN IN PROACTIVE BILATERAL PUSH TO BOOST EXPORT AND IMPORT TRADES
THE PAKISTAN and Spain governments are working together to boost their countries’ bilateral trade, with textiles and clothing a key part of this commerce. sales of Pakistani textile goods exported to Spain is increasing, with receipts generated by all commerce between the two countries expected to generate at least USD1 billion this year (2017), Spain’s ambassador to Pakistan Carlos Morales has said (it exceeded this amount in 2016, said commerce ministry officials).…
VW CLOSE TO PAKISTAN TRUCK AND VAN ASSEMBLY DEAL, CLAIMS GOVERNMENT AGENCY
THE CHIEF executive of a major Pakistan government economic development agency has told wardsauto that Volkswagen has made significant progress in talks to establish new manufacturing production in this key south Asian market’s port city of Karachi. The latest fruit of the business-friendly policies pursued by Prime Minister Nawaz Sharif, “Volkswagen Commercial Vehicles is in final talks with Premier Systems Private Limited – the authorised importer of Audi vehicles in the country – to set up a manufacturing/assembly plant for its Amarok and T6 (transporter range) models and Volkswagen,” Tariq Ejaz Chaudhary, CEO of Pakistan’s Engineering Development Board told wardsauto.…
BANGLADESHI MAYBE BREAKING TIGHT MONEY EXPORT CONTROLS TO TAKE ADVANTAGE OF MALAYSIA SECOND HOME RESIDENCE SCHEME
A MALAYSIAN government scheme encouraging foreign investors to buy property in Malaysia may have led to thousands of Bangladeshis breaching their country’s strict capital control restrictions.
A total of 3,493 Bangladeshis has participated in the Malaysia My Second Home (MM2H) long-term residency programme since 2003, according to statistics updated in December (2016) – 10.7% of all investors taking part worldwide.…