Minister for Power Assures Support for Textile Sector Growth Amid Export Concerns
Minister for Power, Sardar Awais Ahmad Khan, engaged in a dialogue with a delegation from the All Pakistan Textile Mills Association (APTMA). During this meeting, APTMA officials expressed their concerns regarding the dwindling exports within the textile sector, which has led to rising issues like unemployment and poverty.
Adil Aziz
APTMA opposes proposed hike in gas price for export oriented units
All Pakistan Textile Mills Association (APTMA-North) Chairman Kamran Arshad has opposed the proposed increase in gas price for Export-Oriented Units (EOUs), terming it disastrous for textile industry.
President urges State’s pillars, business community to jointly resolve economic issues
President Dr Arif Alvi said parliament, judiciary, executive and business community need to work in tandem to resolve the economic issues. Talking to the Presidents of Chambers of Commerce and Industry from across the country, the president called for identify the economic issues faced by the nation and resolving them to bring about political, economic and…
Inflation rate to come down from next month: Miftah Ismail
Terming the hike in electricity and petroleum prices a result of unwise policies of the previous government of Pakistan Tehreek-i-Insaaf (PTI), Minister for Finance and Revenue Miftah Ismail Wednesday hinted at slowing down the inflation rate from next month. “The nation would have to bear the higher rates for one more month”, he said while…
Gohar Ejaz Group sweeps APTMA polls
Dr Gohar Ejaz Group has swept the All Pakistan Textile Mills Association (APTMA) Annual Elections for 2022/23 for the 14th consecutive year. In a press conference at the APTMA House, Lahore addressed by Dr Gohar Ejaz, patron-in-chief of APTMA, Raza Baqir, secretary general, announcing the election results declared that Rehman Naseem, Zahid Rasheed Khawja, Syed…
Emergency measures to stabilize Pakistan’s economy
Pakistan is currently on the brink of economic collapse. With depleting foreign currency reserves, rising inflation, the exchange rate in free-fall and irrationally high interest rates, the country is headed towards a path similar to the economic downfall of Sri Lanka. We at APTMA are pushing for all leaders and policymakers to develop a consensus…
Aptma urges government to announce Rs 8,000 Per Maund as Cotton Support Price
Pakistan is losing at least $ 5 billion directly on account of low production of cotton. Increase in cotton production will have a direct impact of $ 1 billion per 1 million bales and a 7 times multiplier impact on the fiscal flows in economy. Cotton provides livelihood and employment to millions of the poor…
APTMA urges Prime Minister for intervention to save Export Oriented Textile Industry of Sindh and Baluchistan from Total Closure
Mr. Asif Inam, Chairman – All Pakistan Textile Mills Association, Southern Zone has requested Prime Minister of Pakistan, Mr. Imran Khan’s intervention to save export oriented textile industry of Sindh and Baluchistan from total closure as they have become almost standstill due to denial of gas. Mr. Asif Inam said that export oriented textile industries…