AIRLINK 209.45 Decreased By ▼ -1.52 (-0.72%)
BOP 10.30 Decreased By ▼ -0.37 (-3.47%)
CNERGY 7.16 Decreased By ▼ -0.25 (-3.37%)
FCCL 34.70 Increased By ▲ 1.13 (3.37%)
FFL 18.17 Decreased By ▼ -0.24 (-1.3%)
FLYNG 23.85 Increased By ▲ 0.23 (0.97%)
HUBC 133.36 Increased By ▲ 1.97 (1.5%)
HUMNL 14.16 Increased By ▲ 0.06 (0.43%)
KEL 4.98 No Change ▼ 0.00 (0%)
KOSM 7.20 Increased By ▲ 0.04 (0.56%)
MLCF 45.20 Increased By ▲ 1.44 (3.29%)
OGDC 213.48 Decreased By ▼ -0.08 (-0.04%)
PACE 7.38 Decreased By ▼ -0.07 (-0.94%)
PAEL 40.63 Decreased By ▼ -0.90 (-2.17%)
PIAHCLA 17.60 Increased By ▲ 0.13 (0.74%)
PIBTL 8.61 Increased By ▲ 0.01 (0.12%)
POWERPS 12.50 Decreased By ▼ -0.01 (-0.08%)
PPL 187.50 Decreased By ▼ -2.10 (-1.11%)
PRL 43.21 Decreased By ▼ -1.10 (-2.48%)
PTC 24.89 Decreased By ▼ -0.08 (-0.32%)
SEARL 103.80 Increased By ▲ 0.43 (0.42%)
SILK 1.04 Increased By ▲ 0.01 (0.97%)
SSGC 38.88 Decreased By ▼ -1.62 (-4%)
SYM 19.25 Decreased By ▼ -0.27 (-1.38%)
TELE 9.35 Decreased By ▼ -0.09 (-0.95%)
TPLP 13.26 Decreased By ▼ -0.24 (-1.78%)
TRG 64.28 Decreased By ▼ -0.19 (-0.29%)
WAVESAPP 10.66 Decreased By ▼ -0.24 (-2.2%)
WTL 1.63 Decreased By ▼ -0.02 (-1.21%)
YOUW 4.19 Decreased By ▼ -0.02 (-0.48%)
BR100 12,097 Decreased By -93.5 (-0.77%)
BR30 36,486 Decreased By -97 (-0.27%)
KSE100 116,038 Decreased By -217.2 (-0.19%)
KSE30 36,514 Decreased By -89.3 (-0.24%)

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) central chairman Shaikh Mohammad Shafiq urged the government to provide a relief package for the textile industry, which has been badly hit by unprecedented electricity and gas crisis.
He said that Pakistan is 5th largest cotton producing country but in value addition our performance is dismally poor. Textile exports declined to $1.093 billion in September 2015 from $1.110 billion over previous month of August 2015, which reflects a decline of 1.52 percent, according to Pakistan Bureau of Statistics (PBS). It is because of the deteriorating law & order situation and the shortage of electricity & gas, factories are unable to in-time deliver whatever limited orders they managed to procure from their foreign buyers. Shafiq strongly opposed the imposition of Regulatory Duty on import of Cotton Yarn and demanded immediate withdrawal of the regulatory duty on import of cotton yarn and fabric.-PR

Copyright Business Recorder, 2015

Comments

Comments are closed.