High Taxes & Low Demand Prompt Operations Cut in Textile Sector

By Muhammad Haaris ⏐ 2 months ago ⏐ Newspaper Icon 2 min read

A key player in Pakistan’s textile sector, Ashfaq Textile Mills Ltd, has suspended a significant portion of its operations. The Punjab-based textile firm announced this…

Premium Textile Mills to Set Up International Presence with UAE Subsidiary

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon 2 min read

Premium Textile Mills Limited, a leading Pakistani textile manufacturer, has announced plans to establish a wholly owned subsidiary in the United Arab Emirates (UAE), marking…

Gul Ahmed Warehouse Caught Fire: Insurance Coverage Confirmed

By Muhammad Haaris ⏐ 3 months ago ⏐ Newspaper Icon 2 min read

A fire erupted at a Gul Ahmed Textile Mills warehouse in Landhi. This prompted the company to issue a mandatory notice to the Pakistan Stock…

ICA Declares 84 Pakistani Mills as Defaulters for Procurement Violations

By Tehniyat Zafar ⏐ 1 year ago ⏐ Newspaper Icon 2 min read

The International Cotton Association (ICA) has officially labeled 84 textile mills in Pakistan as defaulters due to their failure to honor procurement agreements. This decision…

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