A parliamentary panel has recommended scrapping of deals the previous BNP-led coalition government struck to privatise three state-run cotton mills at throwaway prices. The parliamentary standing committee on jute and textile ministry at a meeting on Tuesday also suggested the ministry go for a re-tender to privatise those mills. Chairman Akhtaruzzaman Chowdhury ...

Federal Minister for Textile Industry, Rana Mohammad Farooq Saeed Khan has said that new textile policy would be presented to Prime Minister Syed Yousuf Raza Gilani within next two days for its approval. Addressing the oath taking ceremony of the All Pakistan Textile Sizing Industries Association (APTSIA) at Faisalabad Chamber of ...

According to Japanese Ministry of Finance trade statistics, April exports of shuttleless looms fell by 87% or 1,403 looms from the same month of the previous year to 209. In value, exports dropped 91% to 563 million yen. Exports to China were maintained at the 150-loom level in February and March, ...

Billions of rupees as premium on quality and withholding gross repayments to ginners have been stuck up with the Trading Corporation of Pakistan (TCP) after seizure of accounts by IT Department. The Income Tax (IT) Department has seized the accounts of Trading Corporation of Pakistan (TCP) for failing to submit the ...

Federated Farmers is embracing the $323 million home insulation package announced in Budget 2009. It is not only good for New Zealanders but by using poorer quality coarse wools, could also be good for the ailing wool industry. “I’m walking the talk having installed wool insulation in my house last ...

The trouble began far away from the leaky concrete house and stand of banana trees that Sakunthala Radhakrishnan calls home. In 19 years as a textile worker in southern India, Radhakrishnan saved enough to buy gold jewelry. She sent money to her parents and fattened up her skinny daughter with fancy ...

Terry towel makers yesterday demanded the government raise cash incentive to 15 percent from the existing five percent to offset losses from global recession. The leaders of Bangladesh Terry Towel and Linen Manufacturers and Exporters Association also sought that the government release arrear incentives from April as the industry is reeling ...

The domestic starch makers are witnessing a rise in demand for their finished products. This upsurge can be attributed to the textile sector which players say will sustain. According to them, growth in demand will help firm up starch prices. The starch prices have increased to Rs 800 for a bag ...

The Handloom Mark Scheme introduced by the Central Government has received poor response from weavers in Salem district. The district has over 28,000 private weavers. But only about 250 weavers have registered under the scheme till January 2009. Forty three ...

Domestic sales of textiles and textile products made in Indonesia in the last three months increased by about 15 to 20 per cent as a result of the government's policy to tighten import of five manufactured commodities, including textile products, an industry official said. "The trade ministry's efforts to regulate the ...