Search Results for: Pakistani

TEXTILE and garment-makers in Vietnam need to continue investing in new technology to remain competitive and make their ability to meet growing demand sustainable, exports say. And there is concern that the capital required may be tough for small-and-medium-sized manufacturers to source.…

PAKISTAN’S textile manufacturers and exporters appear divided over the possible negative impact on the country’s textile sector arising from prevailing tensions on the Indian border.

According to exporters, concern cause by air strikes by India in Balakot – in Pakistan’s Khayber Pakhtunkhwa province – on February 26 – will affect export volumes as some foreign buyers may have diverted new orders to other countries like Bangladesh and China.…

PAKISTAN’S textile industry is pinning high hopes on the country’s newly-sworn-in government of Prime Minister Imran Khan for the revival of the textile sector – fixing the financial damage it has suffered through dwindling exports.

In its manifesto, Khan’s victorious party Pakistan Tehreek-e-Insaf (PTI), raised the hopes of the business community – notably exporters – to put the Pakistan economy back on track by reviving the textile sector which contributes around 60% to the country’s total exports.…

PAKISTANI textile exporters fear further devaluation of their currency will escalate the already high cost of doing business in the country and lead to a decline in export volumes, despite the edge cheaper currencies can offer in overseas markets.

According to the Pakistan Bureau of Statistics (PBS), in 11 months of the current fiscal year 2017-18, textile exports rose by 9.82% to USD12.336 billion compared with USD11.23 billion for the corresponding period in 2016-17.…

PAKISTAN’S law enforcers and regulators are on the front line when it comes to fighting terrorist financing, money laundering and financial crime in general, both within the country and from across its borders, notably conflict-riven Afghanistan. But its government and state agencies often send mixed messages over their commitment to fight terror finance.…

PAKISTAN’S textile industrialists are downbeat over the diminishing prospects of investment by Chinese financiers and manufacturers, holding the government responsible for the apparent stalemate with its continued prohibitive production costs.

Speaking to WTiN.com, Pakistan textile industry insiders believe that sensing the high cost of doing business compared with rival manufacturing countries in south Asia, Chinese investors are losing interest in the Pakistani sector.…

A RENEWED free trade agreement (FTA) looks set to be signed between Pakistan and China giving a boost to the textile industry.

Officials from the two countries met in Beijing last month (Feb) for the ninth round in a series of protracted talks aimed at streamlining the original FTA which came into force in 2006.…

PAKISTAN’S economy is growing and becoming increasingly formal, with banking rates on the rise, so groundbreaking micro-finance is a key part of this economic modernisation.

The Pakistan Microfinance Investment Company (PMIC) is part of this change – it not a standard micro-finance lender: it finances other micro-finance organisations.…

THE PAINT and coatings industry in south Asia maybe thriving, but regional trade between countries is not – being restricted to exports of pigments, resins, solvents and additives from India to its neighbouring countries. Pakistan, Bangladesh, Sri Lanka, Nepal, Maldives, Bhutan and Afghanistan, as well as regional giant India, are all members of the South Asian Association for Regional Cooperation (SAARC), but they import most of their paint and coating raw materials.…

THE PAKISTAN textile industry is worried that a potential trade free trade deal with Thailand, now under discussion, may cause more harm than good to Pakistani manufacturers. Thai and Pakistan government negotiators are preparing for what maybe the final round of talks to forge a free trade agreement (FTA) between these two textile producing countries, with a deal potentially being signed in January.…