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Chinese investors ink agreement to invest in textile sector

Lahore : Chinese investors have shown interest in investing in the Punjab Province. The latter appreciated Pakistan’s textile and textile value addition sector. In this regard, a four-party Cooperation Framework Agreement was signed between China Railway 20 Co. Pakistan (Pvt) Limited, Shanghai Yuanyi Industry Company Limited, Pak-China Investment Company Limited ... Read More »

ICST lauds govt decision to give Rs 15 billion to textile sector

Lahore : Islamabad Chamber of Small Traders on Thursday lauded the decision of the government to provide Rs 15 billion to the textile sector under the PM’s package. Textile sector is the mainstay of the economy which must be supported and the decision will infuse confidence in this sector which ... Read More »

FPCCI ask govt to help ailing textile sector

Lahore : The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Wednesday said ailing textile sector needs immediate attention of the government. The sector is the largest urban employment provider and largest foreign exchange earner which deserves resolution of the problems which has taken toll on exports, it ... Read More »

PEW criticized textile sector for demanding devaluation of currency

Lahore: The Pakistan Economy Watch (PEW) on Sunday criticised textile sector for demanding devaluation of local currency to boost exports. Eroded rupee to make imports costly which are double than exports and hut every person in Pakistan, it said. The government has accorded zero-rating status to the textile sector in the ... Read More »

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