• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Tuesday, February 17, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Value-added textile sector: PHMA demands equal access to export facilitation schemes

January 26, 2026
in Business & Finance
Value-added textile sector: PHMA demands equal access to export facilitation schemes
Share on FacebookShare on TwitterWhatsapp

FAISALABAD: The Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has demanded equitable access to government export facilitation schemes for the value-added textile sector, comparable to those extended to the rice sector.

This demand was voiced by Ahmed Afzal Awan, Senior Vice Chairman, PHMA (North Zone), who expressed serious concern over the government’s decision to include the rice sector—having an export share of approximately $3 billion; under the Export Development Fund (EDF) and the Duty Drawback of Local Taxes and Levies (DLTL) mechanism, involving substantial financial allocations, while the value-added textile and apparel sector continues to be overlooked.

He emphasized that the value-added textile sector contributes nearly $18 billion to Pakistan’s exports and plays a critical role in employment generation and industrial growth. Despite this, exporters from the sector are being denied equal access to EDF and DLTL facilities.

Awan stated that achieving national export targets would not be possible without practical facilitation measures, particularly those aimed at reducing the cost of production and ensuring a level playing field with regional competitor countries.

Awan urged the Prime Minister to declare an export emergency and convene an urgent meeting involving representative organizations from all export-oriented sectors to address prevailing concerns.

Copyright media, 2026

Share15Tweet10Send
Previous Post

Businessmen underscore need for further cut in interest rate

Next Post

Kayani says govt to step up action against illegal cigarette brands

Related Posts

Japan’s Mitsubishi Corp to exit Engro Polymer & Chemicals Limited with 11% stake sale
Business & Finance

Japan’s Mitsubishi Corp to exit Engro Polymer & Chemicals Limited with 11% stake sale

February 17, 2026
Seminar on working system of Islamic banking held
Business & Finance

Seminar on working system of Islamic banking held

February 17, 2026
Sustainable economic growth: LCCI for strengthening industry-academia linkages
Business & Finance

Sustainable economic growth: LCCI for strengthening industry-academia linkages

February 16, 2026
Slight increase in imported RLNG prices
Business & Finance

Slight increase in imported RLNG prices

February 14, 2026
PPL posts 26pc YoY dip in 2QFY26 earnings
Business & Finance

PPL posts 26pc YoY dip in 2QFY26 earnings

February 14, 2026
China’s Shandong Xinxu explores investment in Pakistan’s maritime industrial corridor
Business & Finance

China’s Shandong Xinxu explores investment in Pakistan’s maritime industrial corridor

February 15, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    48 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    48 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.