Trends - textile exporters - Business Recorder

textile exporters

Oh, Textiles! What business you are in?

“A slow sort of country!” said the Queen. “Now, here, you see, it takes all the running you can do, to keep in...

Published 26 Nov, 2024 05:49am

BR Research

HVA Textile exports: this time, the growth is here to stay

Pakistan’s high-value-added (HVA) textile and apparel export segments are witnessing a remarkable resurgence, with...

Published 21 Nov, 2024 08:03am

BR Research

Mahmood Textile Mills Limited

Mahmood Textile Mills Limited (PSX: MEHT) was incorporated in Pakistan as a public limited company in 1970. The...

Published 04 Nov, 2024 09:14am

Business & Finance

GPCCI workshop: Textile industry gains insights into new regulatory requirements

KARACHI: The German-Pakistan Chamber of Commerce and Industry (GPCCI) hosted a Workshop on ‘German Supply Chain ...

Published 31 Oct, 2024 07:41am

Business & Finance

Textile exporters urged to discover opportunities in emerging markets

KARACHI: CEM Altan, President International Apparel Federation (IAF), has said that Pakistan’s garment and textile...

Published 26 Oct, 2024 05:55am

Business & Finance

Sohail Pasha elected PTEA chairman unopposed

FAISALABAD: Pakistan Textile Exporters Association (PTEA) has elected unopposed Sohail Pasha as the Chairman of ...

Published 11 Sep, 2024 06:31am

Business & Finance

Value-added textile exporters demand resumption of FTR

LAHORE: Expressing serious concerns over the Finance Act 2024, the value-added textile exporters have urged the...

Published 06 Jul, 2024 06:48am

Value-added textile exporters reject 29pc standard taxation

LAHORE: Value-added textile exporters have rejected the proposed shift from one percent turnover-based Final Tax...

Updated 24 Jun, 2024 12:33pm

APTMA sayssupports gas, RLNG pricing reforms

LAHORE: All Pakistan Textile Mills Association (APTMA) has fully supported the government’s decision on gas/ RLNG...

Updated 04 Nov, 2023 09:39am

Business & Finance

Hike in gas tariffs to trigger industry’s closure: VATEA

KARACHI: Textile makers-cum-exporters on Monday called the ECC’s proposed hike in the gas tariffs unjust and unwise,...

Published 31 Oct, 2023 05:26am

Business & Finance

Textile export boost key to economic revival: TMA

KARACHI: Syed Usman Ali, Senior Vice Chairman of the Towel Manufacturers Association of Pakistan has expressed...

Published 07 Sep, 2023 06:21am

Business & Finance

Commerce minister urges textile exporters to lay focus on value-added products

Dr Gohar Ejaz says his ministry devising a plan to boost the country’s exports to achieve $ 80 billion export target

Updated 27 Aug, 2023 10:35pm

TMA says textile sector ‘completely’ ignored in budget

KARACHI: The Senior Vice Chairman of the Towel Manufacturers Association of Pakistan Syed Usman Ali has expressed...

Updated 23 Jun, 2023 08:50am

Additional tax on incomes, profits, gains: Textile exporters term move ‘harsh’, ‘anti-business’

KARACHI: The value-added textile exporters on Wednesday expressed concerns over “additional tax” on income, profits...

Updated 22 Jun, 2023 08:56am

Markets

Pakistan’s textile exports plunge 20% in May: APTMA

Exports clock in at $1.31 billion, compared to $1.64 billion in same month of 2022

Updated 03 Jun, 2023 10:22pm

Business & Finance

Textile exporters term RRMC’s report ‘anti-export’ drive

KARACHI: The value-added textile exporters have rejected the Reforms & Revenue Mobilization Commission’s...

Published 01 Jun, 2023 03:34am

Markets

PM Shehbaz inaugurates Texpo Pakistan in Karachi

Pitches country as a destination for foreign investors

Published 26 May, 2023 06:34pm

Business & Finance

Realisation of export proceeds: Pak Apparel Forum demands govt restore 180-day limit

KARACHI: Pakistan Apparel Forum (PAF) on Wednesday demanded restoration of the Stats Bank’s previous procedure for...

Published 25 May, 2023 06:26am

Business & Finance

Textile exporters: FBR vows to ensure speedy refund payments

ISLAMABAD: The Federal Board of Revenue (FBR), Wednesday, assured textile exporters of restoring speedy payment of...

Published 02 Mar, 2023 06:23am

Sales tax, other issues: FBR invites textile exporters to a moot

ISLAMABAD: The Federal Board of Revenue (FBR) has invited all textile exporters to a moot at FBR headquarters on...

Updated 27 Feb, 2023 08:43am

Business & Finance

PTEA appeals for govt measures to rescue ailing Punjab units

FAISALABAD: Extreme cash flow problems and high production costs have greatly damaged the prospects for growth in...

Published 23 Feb, 2023 07:30am

Business & Finance

Textile exporters threaten to close units if RCER withdrawn

FAISALABAD: Textile exporters have threatened to shut down their units and start protest from next week if ...

Published 21 Feb, 2023 05:57am

Business & Finance

Ending RCET will be ‘disastrous’ for economy, say textile exporters

KARACHI: Textile makers-cum-exporters on Wednesday warned the federal coalition government of a ‘disastrous’...

Published 16 Feb, 2023 07:19am

Govt criticised for allowing import of luxury cars

KARACHI: The value-added textile exporters on Monday slammed the coalition government of Pakistan Democratic...

Updated 10 Jan, 2023 09:06am

Exports, imports and remittances: Value-added textile sector seeks separate forex rates

Representatives of the value-added textile sector say the fragile economy has outgrown the cost of manufacturing

Updated 11 Dec, 2022 12:34pm

Business & Finance

PHMA, FBR hold awareness session: Textile exporters briefed, trained on EFS-2021

KARACHI: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) in collaboration with the Federal Board ...

Published 07 Oct, 2022 05:59am

Business & Finance

Release of sales tax refunds: Value-added textile exporters irked by delay

KARACHI: Delay in release of sales tax refunds have left the value-added textile exporters “annoyed”, which they...

Published 08 Sep, 2022 06:52am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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Budget 2024-25: income tax calculator for FY25

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