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Articles for tag: Annual, exports, Fabric, growth, Textile

March 19, 2024

News Desk

Textile exports are down again despite annual growth

LAHORE: After slight increases in export figures for two consecutive months, Pakistan’s textile exports again entered negative territory on a monthly basis. According to the latest data released by the Pakistan Bureau of Statistics on Monday, textile group exports for February 2024 fell by 3.31% compared to January 2024, with the February figures totaling 1.41 billion versus $1.46 billion in January. On an annual basis, textile exports managed to remain in positive territory, showing an increase of 19.20%. Export figures for February 2023 were recorded at $1.18 billion. The textile industry is a cornerstone of Pakistan’s economy, with stakeholders claiming

March 4, 2024

News Desk

China’s top political advisory body will hold an annual session

BEIJING: China’s top political advisory body, the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), will hold its annual session from March 4 to 10 in Beijing, according to a spokesman. The second session of the 14th CPPCC National Committee will begin at 3 p.m. on Monday and will end on the morning of March 10, will last a total of six days, said Liu Jieyi, a spokesman for the summit, during a press conference on Sunday. Liu stated that all preparations for the session had been completed and various activities were planned. The opening and closing meetings

February 6, 2024

News Desk

Smuggled tires cause annual losses of over 70 billion rupees

KARACHI: Tire dealers and manufacturers have appealed to the government to crack down on tire smuggling, with the aim of improving the competitiveness of the local industry and providing equal business opportunities. They stressed the need to curb the flow of contraband tires to protect local customers from substandard or substandard products and to promote local industry. Sharing views with The Express Tribune, they said the annual consumption of tires in the country is 14.5 million, with about 25% of the demand met by domestic production and 10% legally imported, while the rest is through gray channels. . They estimate

January 25, 2024

News Desk

Sindh Tennis Association Annual Rankings

KARACHI: Sindh Tennis Association has released the Annual Ranking of various events based on provincial/sanctioned tournaments played in 2023 in Sindh. The first 4 places are as follows. In men’s singles the first position was won by Zubair Raja of Karachi Club, he secured 140 points, Vinod Das of Defense Authority Club, is in 2nd position with 120 points, Ibrahim Iltifat of Karachi Club & Modern Club, is in 3rd position with 115 .points and Baqir Ali of Shamsi Tennis Academy & Mirpur Mathelo, Sindh is placed 4th with 110 accumulated ranking points. Continental Tennis Academy’s Eschelle Asif is on

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