Islamabad, October 25, 2024 – The All Pakistan Textile Mills Association (APTMA) has made a strong appeal for a substantial reduction in interest rates, calling for a 4% cut to help stimulate economic recovery, create fiscal space for public expenditures, and support the survival of key industries.
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APTMA Criticizes FBR for Imposing Affidavit Requirement
Kaan Arshad, Chairman of the All Pakistan Textile Mills Association (APTMA), has vehemently criticized the Federal Board of Revenue (FBR) for its recent mandate requiring textile mills to submit affidavits concerning the tax compliance of their buyers and sellers.
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APTMA Urges Revisions to IPP Deals to Rescue Textile Sector
Lahore, July 23, 2024 – The All Pakistan Textile Mills Association (APTMA) has called upon the government to urgently reconsider its agreements with Independent Power Producers (IPPs) to safeguard the textile industry, particularly its export-oriented segment.
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APTMA Unveils Roadmap for $50 Billion Textile Exports by 2029
Islamabad, March 20, 2024 – The All Pakistan Textile Mills Association (APTMA) has presented a comprehensive policy roadmap to Commerce Minister Jam Kamal, aiming to elevate the country’s textile exports to $50 billion by 2029.
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APTMA Strongly Condemns Soaring Gas Tariffs
Karachi, March 7, 2024 – The All Pakistan Textile Mills Association (APTMA) vehemently rejected the recent surge of 223 percent in gas tariffs over the past year, deeming it highly detrimental to the export-oriented textile industry of Pakistan.
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FBR Extends Export Facilitation Scheme to Entire Textile Chain
Lahore, February 21, 2024 – The Federal Board of Revenue (FBR) in Pakistan is set to expand its Export Facilitation Scheme (EFS) to encompass the entire textile value chain, according to Muhammad Sadiq, Chief Collector, Customs (Appraisement).
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APTMA Warns of 50% Shutdown in Textile Sector
Karachi, February 14, 2024 – The All Pakistan Textile Mills Association (APTMA) issued a stern warning to the government on Wednesday, cautioning that over 50 percent of firms in the textile and apparel sector are at high risk of shutting down in the coming weeks unless urgent corrective measures are taken.
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IMF Assistance to Address Pakistan’s Immediate Financial Challenges, APTMA Says
Islamabad, June 30, 2023: In a recent announcement, the All Pakistan Textile Mills Association (APTMA) highlighted the crucial support provided by the International Monetary Fund (IMF) to address Pakistan’s immediate financial challenges.
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Severe gas shortage forces textile industry to halt production: APTMA
KARACHI: The All Pakistan Textile Mills Association (APTMA) Tuesday May 23, 2023 announced that the textile industry is being compelled to suspend production due to a severe shortage of gas.
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