Tag Archives: Textile

Pakistan and France have signed an agreement for the suspension of loans amounting to $107 million under the G20 Debt Service Suspension Initiative (DSSI), the Economic Affairs Division said on Monday. In a press release, it said the amount, initially repayable between July and December 2021, would now be repaid over a period of six years (including a one-year grace …

KARACHI: Factory owners appear divided over the claims of 5.5 million new jobs created by the PTI government, as they believe that textile and construction have mainly led to the opening of huge new employment opportunities while hiring of fresh blood in other sectors has remained insignificant. Talking to Dawn, chairman of the Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam), Abdur …

ISLAMABAD: Pakistan’s textile and clothing exports posted impressive growth in the first quarter of this year, increasing by 27.41 per cent to $4.42 billion compared to $3.46bn over the year, data released by the Pakistan Bureau of Statistics (PBS) showed on Saturday. The growth momentum is steady in the export proceeds on the back of rising demand from global market …

ISLAMABAD: Pakistan’s exports of textile and clothing sectors posted nearly 19 per cent growth in the 11 months of current fiscal year (11MFY21) compared to the same period a year ago, data released by the Pakistan Bureau of Statistics showed on Saturday. The growth in exports of value-added sectors contributed to an increase in overall exports from the sectors. One …

KARACHI: Automobile, textile and employee federation representatives have shown their disappointment over the absence of measures to cut the cost of production or create jobs in the Budget 2020-21. Pakistan Automotive Manufacturers Association (PAMA) Director General Abdul Waheed Khan told Dawn that in the light of massive downturn, the auto industry was expecting a stimulus package at least in the shape of …