KARACHI: All Pakistan Textile Mills Association (APTMA) on Friday resented the decision of the government to halt gas / LNG supply to the key export industry. The APTMA in a statement said textiles is the only sector that continues to grow and bring foreign exchange to the country, gearing up to close at $20 billion […]
KARACHI: All Pakistan Textile Mills Association (APTMA) has demanded the government of continuing regionally competitive energy tariffs. In a statement issued on Tuesday, the APTMA said: Exports of textiles and apparel increased by 23% year on year to $15.4 billion in 2020-21, up from $12.5 billion in 2019-20. Textile exports grew by 26% in the […]
KARACHI: All Pakistan Textile Mills Association (APTMA) has strongly reacted to the announcement of the government regarding Eid Holidays and stated the prolong closure may adversely affect economic activities. The Patron in Chief APTMA, Gohar Ejaz has rejected the decision of the Government for Eid ul Fitr holidays from 10th to 16th May 2021. While […]
KARACHI: All Pakistan Textile Mills Association (APTMA) has strongly condemned vested interests for fake claims of shortage and lobbying for import of yarn from India. Asif Inam, Chairman – APTMA Sindh-Balochistan Region strongly condemned mala-fide propaganda of shortage and unavailability of yarn despite yarn import is allowed from all over the world except India in […]
KARACHI: All Pakistan Textile Mills Association (APTMA) has strongly disapproved any plan to import cotton yarn from India. In a statement issued on Friday, Asif Inam, Chairman – APTMA Sindh-Balochistan Region expressed deep concern on drastic decline in price of fine counts of yarn by Rs. 10,000/- per bag in the Faisalabad Yarn Market which […]
KARACHI: Textile millers on Wednesday strongly rejected the shortage of cotton yarn claimed by Pakistan Hosiery Manufacturers Association (PHMA) and Pakistan Textile Exporters Association (PTEA) and their proposal of allowing import of cotton yarn from India. Zahid Mazhar, Sr. Vice Chairman, All Pakistan Textile Mills Association (APTMA), while commenting on the statements of PHMA and […]
LAHORE: All Pakistan Textile Mills Association (APTMA) has demanded the government of stopping coercive action initiated by the Federal Board of Revenue (FBR) and withdraw cases lodged against exporters and manufactures. In a statement issued on Saturday, APTMA chairman Adil Bashir said that Prime Minister of Pakistan was all out to support the export-oriented sectors […]
KARACHI: Federal Board of Revenue (FBR) has advised taxpayers to lodge complaints against tax officials, who are demanding bribe for clearing stuck up refunds. “Immediate action will be taken against the delinquent functionaries,” said Dr. Muhammad Ashfaq Ahmed, Member Inland Revenue Operations, Federal Board of Revenue (FBR) in a meeting with the office bearers of […]
KARACHI: All Pakistan Textile Mills Association (APTMA) has rejected the federal budget 2020/2021 saying that the budget has failed to address serious industry issues in the light of the worldwide Covid-19 created crisis. This is likely to lead to large scale unemployment and closures and as the market dynamics have changed Post Covid, it said […]
KARACHI: All Pakistan Textile Mills Association (APTMA) on Monday demanded the government of reducing gas tariff by 35-40 percent for export oriented sectors in line with significant deline in international oil prices. Zahid Mazhar, Chairman, APTMA Sindh-Balochistan Region has demanded the Prime Minister Imran Khan and the Economic Managers of the Government to reduce the […]