Archive | Pakistan

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  • Provincial authorities challenge Pakistan’s federal government Karachi Textile City closedown decision

    Authorities in Pakistan’s Sindh province announced on  March 3 they would challenge their federal government’s decision to abort the Pakistan Textile City project.

  • KiK pays compensation for 2012 Karachi fire

    German retailer KiK paid $5.15 mn in compensation to dependants of workers killed or injured in the 2012 factory fire at Ali Enterprises in Karachi.

  • US 2016 apparel imports fall in spite of year-end spurt. Price falls accelerated

    US apparel imports (in square metres) grew 3.4% in December 2016 over December 2015, though falls in the previous six months a 2016 annual fall of 1.1%.

  • Vietnam pessimism won’t stand up to scrutiny

    Foreign media and Vietnamese businesses almost unanimous in complaining about effect on Vietnamese apparel industry of US abandoning TPP negotiations. But even the Vietnamese admit that its apparel industry exports grew 5.2% in 2016. This, they believe, compares with:

  • Are apparel prices really rising?

    Just about every apparel industry commentator on the planet is constantly going on about rising cost prices. But do any of them look at what buyers are paying?

  • Pakistan Q1 textile trade falling faster than its apparel exports

    The US dollar value of Pakistan’s total apparel and textile exports fell in March (by 16.2%) over the previous year for the second successive month.

  • Pakistanis blame their government for “dwindling” world textile share as March exports fall 16%

    Pakistan’s March textile exports fell 16% year on year. 

  • Pakistanis claim further massive Chinese textile developments along Silk Route

    China’s President Xi Jinping has signed agreements with Pakistan on April 20 promising investment of $46bn (£30.7bn).

  • Pakistani trade association claims “$6 bn” annual loss through smuggling

    “The industry is incurring an annual loss of around $6 billion due to the presence of second-hand, smuggled textiles and clothing in the domestic market” said All Pakistan Textile Mills Association (APTMA) Chairman S M Tanveer on April 4.

  • Industrial and Commercial Bank of China “funding Punjabi textiles and industrial development”: Punjabi politician

    The Chief Minister of Pakistan’s Punjab province reportedly claimed on March 26 that the  Industrial and Commercial Bank of China (ICBC) had “assured investment in energy, infrastructure and textile sectors besides construction of a big industrial city” in his province.

  • Pakistanis push for protection against euro devaluation

    Trade association, unhappy at euro’s  “21% devaluation”  wants its government to “support the industry by keeping currency at realistic value to mitigate the impact of high cost of doing business for maintaining competitive advantages.”

  • European activists lodge claim in German court over Pakistani factory tragedy.

    Pakistani unions claimed on March 13 that a German activist organisation, the European Centre for Constitutional and Human Rights, had filed a suit in the Dortmund High Court against retailers KiK for compensation related to the 2012 Baldia garment factory fire.

  • “Just one Pakistani garment company has invested in Bangladesh”

    …and 90% of its (Surti Textile’s) production is still in Pakistan, claims a Pakistani columnist.

  • Pakistan’s energy crisis “will be sorted in three years: Prime Minister

    Thanks to Chinese investments, by 2017,  “there will be ample electricity available to industrial and household owners” said Pakistan’s Prime Minister, Nawaz Sharif on February 26.

  • Free trade, pots and kettles…

    There are times advocates of free trade need to think before opening their mouths – or uploading their blogs. An apparently praiseworthy article in the Pakistani press about access to Turkey’s garment market is a perfect illustration.