All Pakistan Textile Mills Association : AsiaNet-Pakistan

Tag: All Pakistan Textile Mills Association

Chairman All Pakistan Textile Mills Association hails announcement of Zero Rated Regime for Textile Sector

June 6, 2016 | Industries

Karachi, June 06, 2016 (PPI-OT):Mr. Tariq Saud, Chairman, All Pakistan Textile Mills Association (APTMA) hailed the Government specially the Finance Minister, Mr. Muhammad Ishaq Dar and Special Assistant to the Prime Minister on Revenue, Mr. Haroon Akhtar Khan for reinstating Zero Rated Regime for the Five Major Export Oriented Sectors including Textiles. In a statement …

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All Pakistan Textile Mills Association Chairman expresses gratitude to Prime Minister for Rs3 per unit reduction in electricity tariff for Industry

January 12, 2016 | General Business News

Karachi, January 12, 2016 (PPI-OT): The All Pakistan Textile Mills Association Chairman Tariq Saud has expressed his gratitude to Prime Minister Nawaz Sharif for Rs3 per unit reduction in electricity tariff for Industry, saying that this single step would greatly help textile industry for revival of its presently compromised viability. He said the high cost …

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All Pakistan Textile Mills Association endorses Afridi’s induction as Textile Minister

March 21, 2014 | General Business News

Karachi, March 21, 2014 (PPI-OT): The Central Chairman, All Pakistan Textile Mills Association (APTMA) has welcomed the induction of a federal minister for the Ministry of Textile Industry which was vacant and awaiting its head. He endorsed the decision of the Prime Minister to bring in Abbas Khan Afridi on the office of the Federal …

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All Pakistan Textile Mills Association demands non-discriminatory market access from India

March 3, 2014 | General Business News

Karachi, March 03, 2014 (PPI-OT): All Pakistan Textiles Mills (APTMA) has demanded for non-discriminatory market access) from India before asking MFN from Pakistan as without level playing field there could be no trade liberalization between the two neighboring countries. The Chairman APTMA Muhammad Yasin Siddik through a statement pointed out the trade balance heavily tilted …

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All Pakistan Textile Mills Association shows concern over expected shift in taxation policy

February 18, 2014 | General Business News

Karachi, February 18, 2014 (PPI-OT): Muhammad Yasin Siddik, Chairman, All Pakistan Textile Mills Association (APTMA) has shown great concern over the government’s plans to increase sales tax rate on textile industry from the current 2 percent to 5 percent in the first phase and 17 percent in the next three years. In a statement Chairman, …

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Chairman All Pakistan Textile Mills Association welcomes execution of Thar Coal Power Project

January 31, 2014 | General Business News

Karachi, January 31, 2014 (PPI-OT): Mr. Muhammad Yasin Siddik, Chairman, All Pakistan Textile Mills Association (APTMA) has welcomed the execution of 660 MW Thar Coal Power Project which was jointly inaugurated by the Prime Minister, Mian Muhammad Nawaz Sharif and Former President, Mr. Asif Ali Zardari. In a statement issued to the press, the Chairman …

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All Pakistan Textile Mills Association hails Sui-Northern Gas Pipelines limited’s plan to increase gas production by 7per cent

January 13, 2014 | General Business News

Karachi, January 13, 2014 (PPI-OT): The Chairman All Pakistan Textile Mills Association (APTMA) Yasin Siddik has appreciated the plan initiated by Sui-Northern Gas Pipelines limited (SNGPL) and Sui-Southern Gas Company Limited (SSGCL) as they have started implementing a plan to reduce Unaccounted for Gas (UfG) losses from 11 percent to 7 percent, which is a …

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Pak industry must prepare for compliance of 27 Conventions – GSP Plus has been achieved after strenuous efforts – Governor Punjab

December 27, 2013 | General Business News

Karachi, December 27 2013 (PPI-OT): Pakistani industry must prepare for compliance of 27 Conventions signed by the government, in order to reap benefits from the GSP Plus status given by the European Union (EU) to Pakistan; this was stated by Governor Punjab Chaudhry Muhammad Sarwar. Speaking at the luncheon meeting at the All Pakistan Textile …

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Chairman All Pakistan Textile Mills Association expresses gratitude on getting generalized system of preferences status for Pakistan

December 12, 2013 | General Business News

Karachi, December 12, 2013 (PPI-OT): The Chairman All Pakistan Textile Mills Association (APTMA) Yasin Siddik has expressed his gratitude on getting GSP (generalized system of preferences) status by European Parliament terming it a big success for Pakistan and good omen for country’s export oriented industry. Yasin said that EU Parliament has approved GSP Plus status …

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Businessmen Group sweeps All Pakistan Textile Mills Association elections

September 18, 2013 | General Business News

Karachi, September 18, 2013 (PPI-OT): Yasin Siddik of Businessmen Group has been declared the Central Chairman of All Pakistan Textile Mills Association (APTMA) for the year 2013-14. He will take oath on 30th September. Also, the group has named S M Tanveer as Chairman APTMA Punjab for next year and Mr. Tariq Saud as Chairman …

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All Pakistan Textile Mills Association criticizes increase in Electricity Tariff

August 1, 2013 | General Business News

Karachi, August 01, 2013 (PPI-OT): Mr. Muhammad Yasin Siddik, Chairman, All Pakistan Textile Mills Association, Sindh Balochistan Region strongly criticizes announcement of increase in electricity prices upto 70% by the Government and urged to withdraw the rise in electricity tariff. He said that it is understandable if the tariff is raised by about 10% to […]

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Increase in Sales Tax rate would lead to inflation: Yasin Siddik

June 13, 2013 | General Business News

Karachi, June 13, 2013 (PPI-OT): Mr. M. Yasin Siddik, Chairman – APTMA Sindh Balochistan Region while commenting on the Federal Budget 2013-14 said that no relief was announced for industry. He said that the five leading export oriented sector including textiles were required to charge 2% non refundable sales tax irrespective of sales to unregistered […]

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