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Articles for tag: APTMA, boost, calling, Development, Exporters, growth, Latest, PHMA, reforms, XE

December 13, 2023

News Desk

Exporters are calling for reforms to boost growth

KARACHI: Exporters urged the government to attract foreign investment in export sectors, reduce energy costs and eliminate unprofessional red tape to help grow the beleaguered economy. They advocate promoting export-oriented industries, creating a level playing field and implementing substantial cuts in energy prices – aiming to match rates in South Asian countries such as Bangladesh, Sri Lanka and others. Export-oriented industries such as the textile and apparel sector not only generate massive employment but also contribute significantly to the national economy. Leading exporter Abdul Rehman Fudda, also former president of Pakistan Hosiery Manufacturers Association (PHMA) South Zone, spoke to The

November 25, 2023

News Desk

PHMA urges membership of the Export Advisory Council

LAHORE: The Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has raised concerns over the exclusion of the knitwear sector from the newly formed Textile Export Advisory Council and urged the Ministry of Commerce to rectify the omission. In a letter addressed to Federal Commerce Minister Gohar Ejaz, PHMA central president Nahid Abbas emphasized the importance of representing the knitwear industry, the largest export sector, on the advisory board. He highlighted the important role PHMA plays in promoting growth in various sectors of the economy, creating meaningful employment and contributing to national self-reliance. Acknowledging efforts to set up the Export Advisory

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