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A service for textile industry professionals · Thursday, June 12, 2025 · 821,391,723 Articles · 3+ Million Readers
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Pakistan Textiles Newswire

  • Published on Jun 11, 2025

    GLOT shareholders file suit to cancel 2018 SPA with OBS Pakistan

    KARACHI – Shareholders of Globe Textile Mills Limited (PSX: GLOT) have filed a civil suit in the court of the VIII Senior Civil Judge, Karachi South, seeking the cancellation of a Share Purchase Agreement (SPA) signed with OBS Pakistan (Private) Limited on …

    Source: Profit by Pakistan Today - Neutral
  • Published on Jun 11, 2025

    Eid-ul-Adha 2025: Pakistan tanners say collected more animal skins, hides this year

    The Pakistan Tanners Association (PTA) has reported an increase in the collection of sacrificial animal skins and hides after Eid-ul-Adha 2025, with the number rising to over 7.4 million this year, against 7.3 million recorded last year. The association …

    Source: Business Recorder - Neutral
  • Published on Jun 11, 2025

    Pakistan registers record new companies in May 2025

    ISLAMABAD – The Securities and Exchange Commission of Pakistan (SECP) has registered a historic high of 3,609 companies in May 2025, surpassing the previous record of 3,442 set in January 2025. The capital raised amounted to over Rs2.7 billion, with …

    Source: Pakistan Observer - Pro-Government
  • Published on Jun 11, 2025

    SECP Registers 3,609 Companies in May, Sets All-Time Monthly Record!

    The Securities and Exchange Commission of Pakistan (SECP) has registered a record-breaking 3,609 new companies in May 2025, marking the highest number of incorporations in a single month in the country’s history. This surpasses the previous record of 3,442 …

    Source: PhoneWorld - Neutral
  • Published on Jun 11, 2025

    Can New Delhi bring Bangladesh to its knees by grabbing a bigger chunk of its garment exports? India may punish Dhaka if....

    Is the Muhammad Yunus-led interim government aware of the risks it is taking by encouraging pro-Pakistan and radical Islamist forces and continuing bonhomie with Chia? Dhaka has gone to the extent of cementing its defence ties not only with Pakistan but …

    Source: DNA India - Right-wing
  • Published on Jun 11, 2025

    Pakistan to launch freight train to Russia via INSTC

    ISLAMABAD, June 11 (Xinhua) -- Pakistan will inaugurate its first freight train service to Russia from Lahore, the capital of Pakistan's eastern Punjab province, on June 22, marking a significant step in regional connectivity and international trade …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Jun 11, 2025

    SECP registers record-breaking 3,609 new companies

    - Advertisement - ISLAMABAD, Jun 11 (APP):The Securities and Exchange Commission of Pakistan (SECP) has registered a historic high of 3,609 companies in May 2025, surpassing the previous record of 3,442 set in January 2025. The capital raised amounted to …

    Source: Associated Press of Pakistan - Pending
  • Published on Jun 11, 2025

    Govt targets online businesses with new tax measures to raise Rs64 billion

    Foreign vendors with a digital presence in Pakistan will be charged a 5% tax on digitally ordered goods and services Courier services involved in cash-on-delivery transactions will also be subject to new taxes The government has introduced new taxation …

    Source: Profit by Pakistan Today - Neutral
  • Published on Jun 11, 2025

    BUDGET 2025-26: Budget lacks steps to cure economic ills, complain industry leaders

    KARACHI: Some businessmen have extended a cautious welcome while others have labelled it a “camouflage budget” due to its unrealistic targets and the lack of meaningful relief for both the business community and the general public. Pakistan Business …

    Source: Dawn - Center-left
  • Published on Jun 11, 2025

    Pakistan and Turkey: A Brotherhood Forged in Fire

    In international relations, genuine friendships are tested not during moments of comfort, but amid adversity. Prime Minister Shehbaz Sharif’s recent visit to Istanbul to meet President Recep Tayyip Erdoğan was not merely ceremonial—it was deeply symbolic …

    Source: Pakistan Observer - Pro-Government
  • Published on Jun 11, 2025

    European textile and clothing imports accelerate

    While remaining stable in 2024, at a slightly lower level than in 2019, European clothing and textile imports accelerated by 21% and 16% respectively in the first quarter, on the eve of the Sino-American trade war, according to data from the French Fashion …

    Source: FashionNetwork India - Neutral
  • Published on Jun 10, 2025

    BD becomes fastest-growing apparel exporter to US

    Bangladesh emerged as the fastest-growing apparel exporter to the United States with the highest 29.34-percent year-on-year growth among its major peers during the first four months of 2025. The export of readymade garments from Bangladesh during the …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on Jun 10, 2025

    Budget FY26: Pakistan targets 4.2pc growth

    Says country expecting $71bn in cash flows, $7bn in tax and $8bn in royalties through gold mines in Reko Diq. Finance Minister Muhammad Aurangzeb unveilied the annual federal budget on Tuesday, expected to balance growth, austerity, and taxation, during a …

    Source: Dawn - Center-left
  • Published on Jun 10, 2025

    Budget FY26: Pakistan targets 4.2pc growth, 10pc increase in FBR tax revenue

    Says country expecting $71bn in cash flows, $7bn in tax and $8bn in royalties through gold mines in Reko Diq. Finance Minister Muhammad Aurangzeb is unveiling the annual federal budget on Tuesday, expected to balance growth, austerity, and taxation, during …

    Source: Dawn - Center-left
  • Published on Jun 10, 2025

    A Perfect Storm: The Collapse Of Pakistan’s Crop Production

    In Pakistan’s agricultural heartlands of Punjab and Sindh, a crisis unfolded during the 2024-25 cropping year, slashing production of the nation’s five major crops—wheat, cotton, rice, sugarcane, and maize—by 13.5%. Cotton bore the heaviest blow, …

    Source: Friday Times - Pending
  • Published on Jun 10, 2025

    Pakistan posts $1.9 billion current account surplus, boosted by remittances and IT exports

    In a rare economic turnaround, Pakistan recorded a $1.9 billion current account surplus during July-April FY2025. This marks a sharp contrast to the $1.3 billion deficit in the same period last year. The Ministry of Finance described this as a “historic …

    Source: Daily Times - Center-left
  • Published on Jun 10, 2025

    Pakistan Economic Survey shows gradual recovery

    Finance minister says country’s economy grew 2.7pc in fiscal year 2025   Aurangzeb reveals agriculture grew by 0.6pc, industry by 4.8pc, small manufacturing by 1.3pc   Government working to address issue of circular debt   Rs598 billion allocated to BISP  …

    Source: The Nation - Pro-Government
  • Published on Jun 10, 2025

    Pakistan, China ink technology transfer, labour training agreement

    LAHORE  -  A landmark five-year agreement has been signed between China and Pakistan aimed at facilitating the transfer of cutting-edge technology and the training of skilled professionals in line with evolving global trends. The agreement, formalised …

    Source: The Nation - Pro-Government
  • Published on 02:18 GMT

    Imported cotton yarn: APTMA hails 18pc sales tax imposition

    ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has appreciated imposing 18 percent sales tax on imported cotton yarn by the government. According to the Association, the budget addressed a major distortion in the market and is a significant …

    Source: Business Recorder - Neutral

20 days 05:58:11

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