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News Clips 14 October, 2015

 
   
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[ PRGMEA elects new office-bearers for 2015-16 ]
[ PRGMEA demands establishment of 'Trade House' in Dubai ]
[ PRGMEA elects new senior vice chairman ]
[ Export of hosiery, woven garments: 'raise in duty drawback rates fails to ring positive changes' ]
[ APTMA to observe ''black day'' today ]

PRGMEA elects new office-bearers for 2015-16   [ top ]

Business Recorder, October 10, 2015
Shaikh Mohammad Shafiq has been elected unopposed Chairman of Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) and Irfan Ali also elected unopposed Chairman PRGMEA South zone, Sindh-Balochistan zone for 2015-16. The annual general meeting held on October 08, to elect new members of the Central Managing Committee (CMC) and Zonal Managing Committee. The CMC newly elected members are Irfan Ali and M Jawed Chinoy. 

While addressing the AGM, elected chairmen vowed to promote the association to new heights. They thanked the members for reposing confidence in them to lead the committees. The elected zonal managing committee members are Sajid Shahnawaz, Arshad Aziz, Idress Shafiq, Amir Lakhani, Mohammad Owais, M Naqi Bari and M Jawed Chinoy. Jawed Suleman, outgoing chairman (SZ) in his report highlighted the achievements made during 2014-2015 and expressed hope that new team headed by Shaikh Mohammad Shafiq will continue the excellent work in the best interest of the association and its members. 

PRGMEA demands establishment of 'Trade House' in Dubai   [ top ]

Business Recorder, October 12, 2015
Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has submitted the proposals to Prime Minister for bringing revolutionary changes for enhancing the export volume, said PRGMEA spokesperson Ijaz A Khokhar. 

Talking to Business Recorder on Sunday he said that PRGMEA had suggested that a permanent display centre "Pakistan Trade House" should be established in Dubai to enhancing the export of Pakistani products. At present, our value-added products are unable to fetch high price because of the poor packaging and under the circumstances there was a great need of setting up product development and packaging centre in universities aimed at involving graduate students to help industry to improve the product line and packaging for better price, he said. 

Ijaz said the government should announce special incentives for Research and Development (R&D) enabling the SMEs for up-gradation of machinery, innovation of new products and the compliance of issues. At this juncture there was a need of formulating an aggressive marketing plan for garment export for gaining maximum benefits of GSP status, he said. Ijaz said a high power committee comprising public and private sector in the name of "Garment Export Promotion Council" should be constituted for monitoring all garment exports activity and policy-making for maximising exports. 

Textile industry is the only sector that had shown 10.5 percent growth during 2014-15 despite of internal and external challenges such as shortage of utilities and blockage of refunds adding that total apparel export (woven and knitted) had jumped to US 4.5 billion dollars, he revealed. 

Ijaz said that currently garment sector had a very limited product range for export market because of non-availability of latest fabric locally whereas foreign buyers were demanding new garments based on G3 and G4 and technical fabric material which were not available and produced by Pakistani textile weavers so far. 

The latest raw material and accessories should be imported for value addition locally and by use of the facility Pakistani garments could fetch rapid growth which will be an additional foreign exchange earning for Pakistan, he said. 

The spokesperson further stated that we have requested the government that import of fabric should be allowed under SRO 492 instead of DTRE which is very complicated and only 2 percent exporters can avail importation under DTRE facility while 97 percent SME sector can only be facilitated under SRO-492 which was in practice in the past. 

PRGMEA elects new senior vice chairman   [ top ]

The Nation, October 13, 2015
LAHORE - Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) North Zone has elected Sohail A Sheikh as senior vice chairman for the year 2015-16. Those who were elected as ZMC (NZ) members include Sajid Saleem Minhas, Tariq Javed Fiazi, Maqsood Ahmad Butt, Imran Anwar, Mushtaq Ahmad Butt, Ansar Aziz and Sohail Ashraf.

While addressing the AGM, newly-elected SVC vowed to promote the Association to new heights. He thanked the members for reposing confidence on him to lead the PRGMEA. Sohail Sheikh said that it was an honour for him to assume the office of the Senior Vice Chairman for the year 2015-16. He paid tribute to the outgoing central chairman Ijaz Khokhar and vice chairman Naseer Malik. He said that the outgoing body in the lead of its chairman and VC had been actively promoting the interests of the Punjab textile industry throughout 2014-15. An uninterrupted supply of energy, both electricity and gas, was their top priority throughout their tenure.

Sohail Sheikh vowed to continue with his efforts for the promotion and protection of the value-added textile industry. His top priority would be uninterrupted energy supply to the apparel sector, resolution of tax related issues, and a favourable environment for the promotion of garment industry in Pakistan especially in Punjab.

The outgoing central chairman Ijaz Khokhar and vice chairman Naseer Malik highlighted the achievements made during 2014-2015 and expressed the hope that the new team headed by Sohail A. Sheikh would continue the excellent work in the best interest of the entire value-added textile sector. 

Export of hosiery, woven garments: 'raise in duty drawback rates fails to ring positive changes'   [ top ]

Business Recorder, October 14, 2015
Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Central Chairman Shaikh Mohammad Shafiq in a statement said that although the Federal Board of Revenue (FBR) has raised duty drawback rates on export of hosiery garments and woven garments, but this meager increase couldn't brings the positive changes in the industry. 

Textile exports fell day by day, on the other hand, India had provided full support to its textile sector, giving financial incentives and discount on the import of machinery so that the country could compete with Pakistani goods in the international markets, while the industry provides half of the exports but not getting due attention of policy makers, he said. 

APTMA to observe ''black day'' today   [ top ]

Business Recorder, October 14, 2015
All Pakistan Textile Mills Association (APTMA) is observing a ''black day'' and strike from Karachi to Peshawar on today. Although chairman APTMA has claimed that value-added textile sector is also participating in the strike, some leading value-added textile associations including Pakistan Apparel Forum and Pakistan Readymade Garments Manufacturers and Exporters Association have refused to be a part of this protest. 

Talking to Business Recorder, Tariq Saud Chairman APTMA said that with a major share in the country''s textile exports, all APTMA members are on board and will participate in the strike. "This strike is announced by APTMA on common issues of textile industry without support of any other textile association, however major textile industries including value added sector are in touch and participating in the protest," he claimed. 

He said Pakistan Textile Export Association (Faisalabad), Punjab Chamber of Commerce and other several associations have also announced that they will support today''s protest. Leading value added industry players will also observe black day as announced by APTMA, he added. Chairman APTMA said APTMA members across the country will shut their mills from 9 am to 5 pm and a mega protest will be held in the Landhi industrial area, Karachi where hundreds of textile workers will protest against the unrealistic government policies. 

"We are not only raising voice for the spinning sector, but for the entire textile sector, which is unable to compete in the world market due to high cost of production followed by higher utility tariff," he maintained. On the other hand, opposing the suggestion of regulatory duty on import of yarn, Javed Bilwani, Chairman Pakistan Chairman Pakistan Apparel Forum, said that value added textile sector will not participate in the black day. 

"Although some issues raised by APTMA are common, however we are not in favour of strike or black day and will continue our operations today," he added. He said APTMA has always raised voice for free market mechanism and now it is opposing it as the domestic textile industry is getting cheap yarn from the neighbouring countries. Bilwani said yarn is a basic raw material of the textile sector and it should be duty-free to reduce the cost of doing business of the textile sector. "The country''s textile export is already on decline and imposition of any new duty will raise the cost of finished textile products, resulting in further decline in textile exports," he added. 

He said due to stiff competition in the world market the domestic industry is working less than installed capacity and in this situation any strike will hurt the export production, therefore the value added textile sector will not participate in the strike. Ijaz Khokhar of Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) said value added textile sector supports the issues like utility tariff and high cost of production, however not in favour of strike that is for the imposition of duty on the yarn import from neighbouring country. 

He said the domestic textile sector''s cost of production is higher than regional competitors and value added sector is already facing difficulties in competing with the world market. Therefore, we believed that imposition of any new duty on yarn will directly hurt the export oriented value added textile sector. Khokhar urged the federal government to ensure a level playing flied for all textile players to let the domestic industry grow genuinely. "Textile industry will close if the federal government fails to take preventive measures to reduce the cost of production," he said and added that closure of the industry will increase unemployment in the country, therefore the government should continue the status of free-market mechanism. 

Meanwhile, addressing a hurriedly-called press conference Tuesday evening, All Pakistan Textile Mills Association (APTMA) Punjab Chairman Aamir Fayyaz said that the textile industry has become unviable due to high cost of doing business as well as unbridled entry of regional textile products from the regional competitors. "The overall exports of the country have declined by 21 percent in September 2015 against the corresponding period. There is a reduction of $443 million in one month, which suggests the alarming situation of the industry," he added. 

He said the textile industry is mainstay of Pakistan economy providing employment to 60 percent of the labourer and utilising cotton produced in the country has unanimously decided to close down mills and mark October 14, Wednesday as black day in the chequered history of textile industry. He said all the textile mills, right from Karachi to Khyber Pakhtunkhawa, would remain their operations closed. "Members of the Association would wear black bands on their arms to mark the black day and display protest banners outside their mills carrying slogans for immediate restoration the viability of textile industry. All textile mills of all sectors and sub-sectors would show their unity and participate in the black day protest as all are feeling the pinch of inviability," he asserted. 

He said the textile industry couldn''t sustain the system inefficiencies and theft on the energy front. "We want regionally competitive electricity and gas availability without interruption," he added. Furthermore, he said, the textile industry would also lodge protest on the unchecked entry of yarn, fabrics and other textile products, especially from India. "This entry was a major cause of unemployment in Pakistan," he lamented. Chairman APTMA Punjab has urged the government economic managers to take immediate steps for restoration of viability of the textile industry.