May 18, 2022

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Pakistan Revenue

Tag: PYMA

Yarn merchants urge SBP to stop rupee deterioration
Apr 1
Trade & Industry

Yarn merchants urge SBP to stop rupee deterioration

KARACHI: Yarn merchants have urged the State Bank of Pakistan (SBP) to stop the rupee depreciation against the US dollar otherwise it will make industry to continue business. Chairman Pakistan Yarn Merchants Association (PYMA), Saqib Naseem and Vice Chairman Sindh Balochistan Region, Muhammad Junaid Teli, while expressing deep concern over the continuous depreciation of the […]

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PYMA fears cancellation of export orders
Feb 3
Trade & Industry

PYMA fears cancellation of export orders

KARACHI: Pakistan Yarn Merchant Association (PYMA) has expressed fear cancellation of export orders due to non-production after suspension of gas to industries. Saqib Naseem, Central Chairman PYMA, Junaid Teli, Vice Chairman PYMA, have expressed deep concern over non-supply of gas to industries and appealed to Prime Minister, Imran Khan, Minister Energy, Hammad Azhar and Adviser […]

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Yarn merchants appeal for not imposing regulatory duty
Dec 22
Trade & Industry

Yarn merchants appeal for not imposing regulatory duty

KARACHI: Pakistan Yarn Merchants Association (PYMA) has expressed serious concerns over reports suggesting imposition of regulatory duty on polyester yarns. Saqib Naseem, PYMA Central Chairman in a statement on Wednesday expressed deep concern over rumors circulating about lobbying for imposition of regulatory duty on imported polyester yarns by local manufacturers of polyester filament yarns. READ […]

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Yarn merchants demand cut in interest rate
Dec 3
Trade & Industry

Yarn merchants demand cut in interest rate

KARACHI: Pakistan Yarn Merchants Association (PYMA) on Friday demanded the State Bank of Pakistan (SBP) to cut interest rate to provide relief to coronavirus hit economy of the country. In a statement Saqib Naseem, Central Chairman Pakistan Yarn Merchants Association (PYMA), while expressing deep concern over the non-reduction of interest rates by the SBP despite […]

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FPCCI urges measures to overcome gas crisis
Nov 29
Trade & Industry

FPCCI urges measures to overcome gas crisis

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to take effective measures to overcome the gas crisis. FPCCI President Mian Nasser Hyatt Maggo has asked the government to take effective measures to overcome the gas crisis and ensure uninterrupted supply of gas to industries as well as reduce electricity […]

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Yarn merchants demand reduction in customs duty
Nov 11
Trade & Industry

Yarn merchants demand reduction in customs duty

KARACHI: Pakistan Yarn Merchants Association (PYMA) has demanded reduction in customs duty from 11 per cent to 7 per cent on import of yarn. Central Chairman of Pakistan Yarn Merchants Association (PYMA) Saqib Naseem has stressed that the existing custom duty of 11 percent on polyester yarn has to be brought down to 7 percent […]

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Merchants demand duty concession on yarn import
Oct 29
Trade & Industry

Merchants demand duty concession on yarn import

KARACHI: Pakistan Yarn Merchants Association (PYMA) has demanded the government to reduce customs duty and abolish anti-dumping duty on import of polyester yarn. In a statement on Friday, Saqib Naseem, Central Chairman Pakistan Yarn Merchants Association (PYMA), Muhammad Junaid Teli, Vice Chairman, Sind & Balochistan region, has urged the government to cut the customs duty on […]

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Yarn Merchants demand massive cut in POL prices
Oct 25
Top stories, Trade & Industry

Yarn Merchants demand massive cut in POL prices

KARACHI: Pakistan Yarn Merchants Association (PYMA) has demanded Prime Minister Imran Khan of massive reduction in prices of petroleum products in order to make industrial activities viable. Saqib Naseem, Central Chairman Pakistan Yarn Merchants Association (PYMA) and Muhammad Junaid Teli, Vice Chairman, Sind & Balochistan region in a statement on Monday expressed serious concerns over […]

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Saqib Naseem elected central chairman PYMA
Oct 7
Trade & Industry

Saqib Naseem elected central chairman PYMA

KARACHI: Saqib Naseem has been elected unopposed central chairman of Pakistan Yarn Merchants Association (PYMA) while Javed Asghar elected senior vice chairman for the year 2021-22. According to PYMA announcement, Muhammad Junaid Teli was elected as vice chairman for Sind and Balochistan region and Awais Nisar, vice chairman for Punjab & KPK region. The other […]

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