Pakistan News

    Textile Export Of Pakistan

  • Fuel costs burn out textile export revenue

    Nishat Mills Limited (NML) —the Nishat group’s flag ship company is the largest composite textile unit in the country...

    The conglomerate has half a dozen other group companies listed on the Pakistan Stock Exchange (PSX) which include MCB Bank, Adamjee Insurance, DG Khan Cement Company, Nishat (Chunian) Ltd, Nishat Power, Lalpir Power and Pakgen Power...

  • Export of textile masks, sanitisers allowed

    ISLAMABAD: The government has decided to allow export of textile masks and sanitisers, Adviser on Commerce Razak Dawood told Dawn on Thursday...

    Mr Razak said the ban on export of N95 and other surgical masks will remain intact...

  • MoUs signed for $315m investment in Pakistan at textile expo

    LAHORE: The three-day 18th International Textile Asia Exhibition concluded with $375 million worth of Chinese investment in Pakistan, pledged through several memorandum of understanding’s (MoUs) signed between Chinese and local firms...

    The event was jointly organised by the E-commerce Gateway Pakistan and Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) and brought as many as 500 foreign delegates from...

  • Pakistan's once-booming textile industry struggles to bounce back

    As Pakistan slowly emerges from a long-term power crisis, its once booming textile sector is scrambling to find its feet ? but high energy costs and a decade lost to competitors mean recovery is far from assured...

    The result was crippling for manufacturers and in particular the textile sector, which employs 30 per cent of the working population...

  • Hyundai to assemble cars in Pakistan in venture with textile group Nishat Mills

    Hyundai Motor Company plans to set up a car assembly plant in Pakistan in a joint venture with local textile firm Nishat Mills, an official from Nishat said on Friday...

    Hyundai's return to Pakistan will boost the government's efforts to shake up the Japanese-dominated car market and loosen the grip of Toyota, Honda and Suzuki, who assemble cars in Pakistan with local partners...

  • Pakistan lagging behind rivals in textile competitiveness

    KARACHI: Pakistan’s production and earning capacity is far lower as it earns $1 billion through the products of one million cotton bales while Bangladesh and Vietnam earn $6bn and $8bn, respectively, said Asma Khalid, senior economist at State Bank...

    Speakers shed light on some interesting figures about the country’s production capacity, export potential, financing hindrances and technology with innovation and also discussed options...

  • Pakistan's textile exports jump 8pc

    ISLAMABAD: Exports of textile and clothing products recorded an eight per cent growth year-on-year to $11...

    2 billion in the 10 months of 2017-18, the Pakistan Bureau of Statistics (PBS) reported on Monday...

  • Pakistan 'export factory for terror', Indian FM says at UNGA

    India's foreign minister took a swipe at Pakistan on Saturday, telling the United Nations (UN) that Islamabad had given the world "terrorists" while India was producing top-notch doctors and engineers...

    "Why is it today India is a recognised IT superpower in the world, and Pakistan is recognised only as the pre-eminent export factory for terror?" Sushma Swaraj told the General Assembly...

  • Pakistan plans to boost export of halal products

    ISLAMABAD: Fruity sweets and packets of chicken soup that fall foul of halal laws are disappearing from shop counters as Pakistan looks to clean up its Islamic food credentials to boost exports to Gulf states...

    Shops in Pakistan, where 97 per cent of the people are Muslims, already do not stock pork or alcohol — with a few extremely rare exceptions for foreigners and the small Christian minority...

  • Sweets and soup vanish as Pakistan aims for halal export boost

    ISLAMABAD: Fruity sweets and packets of chicken soup that fall foul of halal laws are disappearing from Pakistan's shop counters as the country looks to clean up its Islamic food credentials to boost exports to rich Gulf states...

    Shops in Pakistan, an Islamic republic where 97 per cent of the population are Muslims, already do not stock pork or alcohol, with a few extremely rare exceptions for foreigners and the small Christian...

  • Pakistan's services export up 15pc

    71 million in the first month of the current fiscal year, the Pakistan Bureaus of Statistics said on Friday...

    The export of services entered positive growth in the past couple of months after recording negative growth in the previous months...

  • Plan unveiled to rebrand Pakistan in export market

    ISLAMABAD: Commerce Minister Khurram Dastgir Khan announced on Wednesday his ministry’s plans to launch a branding and marketing campaign to re-launch Pakistan in the export world with new and improved credentials...

    Chairing the third meeting of the Federal Textile Board (FTB), the minister said the decision was taken to arrest the recent decline of exports in the sector...

  • Pakistan’s N-security steps, export controls acknowledged

    ISLAMABAD: Pakistan has marginally improved its grading in the latest report card of the Arms Control Association (ACA), which measures the performance of nuclear-armed states vis-a-vis non-proliferation, disarmament and security, mainly due to acknowledgment of progress on nuclear security and export controls...

    “Pakistan’s grade improved slightly since the 2013 report, due in part to progress on strengthening export controls and...

  • Pakistan to export 1m tonnes rice to Indonesia

    ISLAMABAD: Pakistan has signed an agreement with Indonesia to export one million tonnes of rice estimated at around $400m over four years, the Ministry of Commerce said in statement on Thursday...

    The agreement for export of rice will be implemented by the Trading Corporation of Pakistan (TCP) and Indonesia’s Bulog (State Logistic Agency)...

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