Tag: Pakistan Yarn Merchants Association

KARACHI, July 29, 2024 – Sohail Nisar, Senior Vice Chairman of the Pakistan Yarn Merchants Association (PYMA), alongside Vice Chairman Jaweed Khanani and members of the Executive Committee, has expressed deep concern regarding the imposition of regulatory duty (RD) on polyester yarn under HS Codes 5402.3300, 5402.4700, and 5402.4600.

Karachi, July 22, 2024 – The Pakistan Yarn Merchants Association (PYMA) on Monday voiced serious concerns over the high payments of capacity charges to Independent Power Producers (IPPs), warning that these could lead to an industry shutdown.

Karachi: The Pakistan Yarn Merchants Association (PYMA) has raised concerns over the imposition of an anti-dumping duty on the import of polyester filament yarn (PFY).

Karachi, August 30, 2023 – The Pakistan Yarn Merchants Association (PYMA) has issued a compelling appeal to the government, calling for a significant reduction in electricity tariffs to safeguard the nation’s struggling industrial sector.

Qaisar Shams Ghucha, Chairman of the Pakistan Yarn Merchants Association (PYMA), has underscored the significance of political stability in driving economic growth.

The Pakistan Yarn Merchants Association (PYMA) has voiced its apprehensions regarding the increasingly unstable political landscape in the country. PYMA has warned that the ongoing political conflicts pose a serious threat to Pakistan’s economy and global standing.

KARACHI: Pakistan Yarn Merchants Association (PYMA) on Thursday termed the significant three per cent hike in policy rate to 20 per cent as disastrous for industries, especially the SMEs.

KARACHI: Pakistan Yarn Merchants Association (PYMA) has sought help of Trade Development Authority of Pakistan (TDAP) in abolishing regulatory duty on polyester yarn.

KARACHI: Pakistan Yarn Merchants Association (PYMA) has demanded the central bank remove restrictions on opening of Letter of Credits (LCs) for the textile industry.