Category Archives: Textile & Garments

European Union Package should be implemented from April – Pakistan Readymade Garments Manufacturers and Exporters Association

Karachi: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has shown its sheer concern over the implementation of EU Package from Pakistan from January 2012 with caps on some items. […]

Additional Weekly Holiday a Great Test for the Government

Karachi: Mr. Mohsin Aziz, Chairman, All Pakistan Textile Mills Association (APTMA) commenting on the decision of the government to observe two weekly holidays to overcome increasing electricity shortfall said, that […]

JCR-VIS reaffirms Rating of the Rs. 1.385b Sukuk issued by Quetta Textile Mills Limited

Karachi: JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the rating assigned to the Rs 1.385 billion Sukuk of Quetta Textile Mills Limited (QTML) at ‘BBB+’ (Triple B Plus). Outlook […]

Pakistan Credit Rating Agency Maintains Entity Ratings of Fazal Cloth Mills Limited

Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained long term and short term entity ratings of Fazal Cloth Mills Limited (FCML) at ‘A-’ (single A minus) and ‘A2′ (A […]

Pakistan – Sri Lanka Free Trade Agreement review concluded in Colombo

Islamabad: Sri Lanka to allocate importation of entire basmati rice quota to private sector from 2012 Pakistan to remove crude coconut oil from their No Concessions list. The Secretarial Level […]

Prime Minister Gilani directed Federal Board of Revenue to exempt growers from levy of 3.5% withholding tax

Islamabad: On the request of Pakistan Cotton Ginners Association, the Prime Minister Syed Yusuf Raza Gilani has directed Federal Board of Revenue (FBR) to exempt growers from levy of 3.5% […]