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Textile

Textile

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    Cotton prices reached the highest level in the country’s history. Many ginning factories, textile mills have been shut down. Cotton import to increase import bill.

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    (August 29, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said rains and floods have damaged the cotton crop more than any...
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    Textile policy decision hitting the industrial sector Market in turmoil, confusion over unexpected move Textile production, exports will be badly affected.

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    (January 10, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said the sudden decision of the government to withdraw textile policy...
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    Textiles become first sector to recover from virus onslaught. Positive policies, trade frictions between US, China propped up textiles. Value-added sector showing very encouraging signs.

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    (December 23, 2020) Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said textile is the first major sector which has recovered...
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    Duty-free yarn imports demanded for textile sector. All taxes should be waived until next cotton crop. Rights of all stakeholders should be protected.

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    (December 14, 2020) Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said following the cotton crop collapse the government should also...
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    Ailing agri sector emerging as a threat to national security. Fall of agriculture can bring down the whole economy. Cotton collapse a serious threat to the industrial sector.

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    (November 20, 2020) Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said ignored agriculture sector is emerging as a threat to...
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    SBP policies paying dividends. Strengthening rupee reducing loans, inflation. Increased remittances firming up forex reserves.

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    (November 13, 2020) Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said policies of the central bank are paying dividends. The rupee...
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    PM’s move to take industrialists into confidence lauded. Western importers ditching India in favour of Pakistan. Govt shouldn’t borrow from exporters in the name of refunds.

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    (Oct 09, 2020) President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday lauded the decision of the Prime Minister Imran Khan to personally meet with the leading businessmen to...
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    Cotton economy continuously neglected. Fake pesticides, substandard seed destroying cotton crops. Cotton shortfall has jumped to seven mln bales.

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    (October 07, 2020) President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said the country will have to pay heavy price for neglecting one of the most important sectors...
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    PBIF demands implementation of Karachi package. Concern expressed over political differences among politicians. Fifty deaths lost billions failed to unite stakeholders.

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    (Sept 09, 2020) President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday asked the federal and provincial governments to start the implementation of the Karachi package. Pakistan economy was showing...
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    Pakistan not included in China factory relocation plan. Concrete steps demanded in place of catchy slogans. Cheap labor not enough to lure Chinese investors.

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    (July 13, 2020) President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, FPCCI’s Businessmen Panel Sr. Vice Chairman, and former provincial minister Mian Zahid Hussain on Monday said many companies located in China are relocating to other countries...
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