ML-1 to be evaluated in detail
The Planning Commission of Pakistan has stressed to evaluate the impact of the huge Chinese loan for it on country’s foreign debt before granting approval to ML-I project under the China-Pakistan Economic Corridor (CPEC). The terms and conditions of the loan should be finalized. This largely depends upon what terms and conditions of the loan […]
APTMA Punjab demands relaxation for the whole supply chain
The All Pakistan Textile Mills Association including Pakistan Ready Made Garments Association and All Pakistan Textile Processing Mills Association has demanded from government to allows the whole supply chain of the textile sector to start their operations. The connotations have also demanded for the suspension of all restrictions and documentation requirements including condition of having […]
Rs 50 million donated by Engro energy for Corona fund
Engro Energy Limited – part of Engro Corporation – has donated Rs50 million to the government of Sindh’s corona emergency fund. While speaking at the occasion Ghias Khan President & CEO Engro Corporation said that these are unprecedented times. For most of us, COVID-19 is the first global crisis and most serious health threat in […]
Aptma requesting extension in tax payment/ energy bills
The All Pakistan Textile Mills Association has written detailed letters to Minister for Energy Advisor Finance, Advisor Commerce, Governor State Bank of Pakistan and Chairman FBR requesting extension in payment of bills and payments. APTMA maintains that the future outlook for textile markets is extremely bleak. The domestic market has also completely collapsed with little […]
15 Sectors allowed to resume operations
The government has decided to ease the lockdown and start resuming daily life activities in phases. Initially 15 kow risk sectors have been identified which can resume operations following the government devised Standard Operating Procedures (SOPs) The industries allowed to resume operations are (i) chemical manufacturing plants; (ii) e-commerce exports; (ii) e-commerce locals few necessary […]