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Shahid Sattar

Textile sector on the verge of collapse?
Print

Textile sector on the verge of collapse?

With the imposition of 17% GST on the previously zero rated textile sector, FBR is looking at collecting Rs 600 billion from the sector and giving a refund of approximately Rs 480 billion on exports. This is only part of the story, there are many other mi
Published 28 Aug, 2019 12:00am
The snake has truly bitten
Markets

The snake has truly bitten

There have recently been a spate of ill-informed articles on the stagnation of textile exports, subsidies to the textiles sector, under-taxed domestic sales, rationale for removing zero rating and APTMA's lack of professionalism. It is time that the recor
Published 02 Jul, 2019 12:00am
Ladder and the snake
Markets

Ladder and the snake

The story of our why Pakistan has not been able to maintain or increase its market share in the rapidly growing textile market has been very much like the game of Ludo. Each time industry has been poised to take off we land on the proverbial snake and hav
Published 22 May, 2019 12:00am
Ladder and the snake
Markets

Ladder and the snake

The story of our why Pakistan has not been able to maintain or increase its market share in the rapidly growing textile market has been very much like the game of Ludo. Each time industry has been poised to take off we land on the proverbial snake and hav
Published 22 May, 2019 12:00am
Impact of PKR depreciation on exports
Markets

Impact of PKR depreciation on exports

In contemporary economics, it is believed that currency devaluation directly translates into enhanced exports. This is not the case as the increase in exports is always a function of the elasticity of the inputs that make up the goods exported. Pakistani
Published 10 Jan, 2019 12:00am