MULTAN: Pakistan Cotton Ginners Association has demanded from the government to increase the import regulatory duty of thread and silk cotton. Chairman Pakistan Cotton Ginners Association Haji Muhammad Akram was talking to media along with Shehzad Ali Khan, Sohail Mehmood, Sheikh Asim Saeed and Riaz Hussain Qureshi that government should increase the import regulatory duty on cotton yarn from 5 ... Read More »
KARACHI: Falling world crude prices coupled with demand for lint in the world markets and rising political uncertainty in the country kept the trading at cotton market slowed and depressed while the Karachi Cotton Association (KCA) spot rates remained were steady at previous level. As per market reports, though the Trading Corporation of Pakistan has signed accords with ginners ... Read More »
LAHORE: All Pakistan textile Mills Association (Aptma) Central Chairman S.M Tanveer has showed grave concerns over continuous decline in textile exports over the last six months. S.M. Tanveer, chairman of the association, apprehended that textile industry will lose $2.3 billion exports in case no immediate remedial measures are taken on energy supply by the government. Tanveer further predicted decline in ... Read More »
MULTAN: Pakistan Cotton Ginners Association (PCGA) Vice Chairman Asim Saeed Sheikh claimed that the Federal Board of Revenue (FBR) had sought substitute proposals in case of non-imposition of five percent sales tax on oil-cake (Khal). According to a PCGA release, a delegation of the association led by its VC Asim Saeed Shiekh met Chief Commissioner RTO In-Land Revenue Mohammad Jameel ... Read More »
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