08:27:09 local time CHINA
* China’s clothing export growth may falter:
Also, wage rates have risen to the point where they are higher than in many other Asian countries.
Moreover, wage costs are set to increase further, given the Chinese government’s commitment to raising minimum wage rates by an average of 13% per annum during 2011-15.
Early signs of a shift in apparel manufacture have been seen in EU and US clothing import trends. In 2013 China’s share of EU clothing imports from all sources in value terms fell from 41.7% to 40.1%, having fallen sharply in the previous year. China’s share of US clothing imports from all sources fell from 37.8% to 37.3%.
07:27:09 local time VIET NAM
* Enterprises propose to cap minimum salary increase at 12% :
Enterprises in Vietnam have asked that the government limit next year’s increase in minimum salary to 10% to 12%.
This is the second year the National Salary Council has been in operation. As a result, employers, labourers and the government meet together to discuss the best level for salary increases.
>> Finance ministry confirms no salary cuts next year
>> Finance ministry’s salary cut proposal faces government opposition
>> Four firms in HCM City face thorough inspection after salary theft scam
>> Top State enterprise officials sacked for salary violations
At a recent seminar, held in Hanoi on June 5 by the Vietnam Chamber of Commerce and Industry (VCCI) and the International Labour Organisation (ILO), employers in Vietnam proposed increasing the minimum salary by a maximum of 12% next year.
VCCI statistics show that regional minimum salaries were increased by 9.9% in 2010, 30.1% in 2012 and 15.2% in 2014. The increases in the regional minimum salaries are equivalent to the the country’s rise in the consumer price index (CPI) during the 2010-2011, period but triple the CPI estimated for 2015.
* Employers discuss 2015 minimum wage increase, better co-ordination and evidence-based data needed:
Regional minimum wages in Vietnam could increase in 2015 in accordance with growth rate of the nation’s GDP and inflation, employers’ organisations have recommended.
The Vietnam Chamber of Commerce and Industry (VCCI), Vietnam Co-operative Alliance (VCA), Vietnam Association of Small and Medium-sized Enterprises, Vietnam Garment and Textile Association (VITAS) and other sectorial associations sat down together in Hanoi today to discuss “Employers’ proposal on adjustment of minimum wages for 2015” at a workshop co-organised by VCCI and the International Labor Organization (ILO).
According to the statistics of VCCI, regional minimum wages in Vietnam grew on average by 9.9 per cent in 2010, 30.1 per cent in 2012 and 15.2 per cent this year. The growth rate of regional minimum wages was equivalent to that of CPI in 2010-2011 but three times higher than CPI growth since 2012.
“The increase of minimum wages for 2015 should ensure both the actual salaries of workers and the production of enterprises,” said VCCI Employers’ Bureau director Phung Quang Huy.
According to VCCI, minimum wage adjustment mostly affects garment, footwear and fishery industries.
“Increasing minimum wages by 10 per cent could increase enterprises’ costs for salaries by over 17 per cent due to increased allowances and other social benefits,” said VCCI Employers’ Bureau deputy director Vi Thi Hong Minh.
Representing employers’ organisations at the National Wage Council are VCCI, VCA, Vietnam Association of Small and Medium-sized Enterprises, Vietnam Leather and Footwear Association, and VITAS.
ILO Vietnam’s chief technical advisor on Industrial Relations, Phillip Hazelton, said that it was important to enable and encourage joint and evidence-based discussion and interventions of key employers’ groups on minimum wage adjustment.
read more in BUSINESS IN BRIEF 9/6 (14th item).
* Footwear exports continue to grow:
Shoes are produced at Thuong Dinh Footwear Company in Ha Noi. Footwear export turnover reached US$3.76 billion in the first five months of this year, rising 17.8 per cent year-on-year. — VNA/VNS Photo Ngoc Ha
Footwear exports fetched US$3.76 billion in the first five months of this year, up 17.8 per cent year-on-year, according to the Ministry of Industry and Trade.
The period’s encouraging growth rate signalled that the footwear industry was well on track to reach $12 billion export target set for this year, it said.
From January to May, US, Japan and UK remained major export markets for Vietnamese footwear, with $946 million, $192 million, $170 million, respectively, in revenue. Germany came in fourth with $150 million.
The Viet Nam Leather and Footwear Association (Lefaso) expects footwear exports to prosper due to the development of a competitive edge, the introduction of Generalised System of Preferences (GSP) taxes and the forthcoming signing of the Trans-Pacific Partnership (TPP) Agreement.
Lefaso encouraged domestic footwear producers to innovate their existing technologies to increase productivity as well as improve the quality of products.
It is undeniable that Vietnamese enterprises will enjoy numerous benefits brought by TPP. However, many footwear companies said they had encountered various difficulties while preparing for this agreement.
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07:27:09 local time CAMBODIA
* GMAC to hold class on firing:
Amid complaints from union and labour rights officials of illegal firings over the years, Cambodia’s garment factory association is holding a course on the termination process in Preah Sihanouk province today.
The Garment Manufacturer Association in Cambodia (GMAC) often holds courses about different aspects of the industry, and has invited factory managers as well as labour union leaders to learn the letter of the law when it comes to sacking, GMAC secretary-general Ken Loo said yesterday.
“[Terminations are] where we have seen the cause of some conflicts and confusion,” Loo said. “Many of the cases that are forwarded to the Arbitration Council revolve around termination.”
Moeun Tola, head of the labour program at Community Legal Education Center (CLEC), said the training could be a step in the right direction. Many complaints brought before CLEC involve union leaders losing their jobs without cause, Tola said.
* Garment meeting: Official vows to stamp out corruption:
A Ministry of Labour official yesterday vowed to go after any of his “corrupt” colleagues that deal with the garment and footwear sector, and urged workers to file complaints about substandard working conditions.
“The [ministry] allows you to create unions to protect you when you are abused by employers,” said Pok Vanthat, deputy director of the ministry’s labour health department. “If they force you to work overtime, you should complain [to the ministry].”
20140607 * Ocean Staff Double-Down on Wage Demands:
More than 200 workers from the Ocean Garment Factory on Friday filled 18 trucks and drove to the Ministry of Labor, where they spent two hours in a notably sedate protest calling for their wages in full, despite the factory having suspended business for a month.
But, after two hours quietly sitting outside the Ministry, the protesters left following a request to be patient while a meeting between the Ministry of Labor and representatives of the factory was arranged.
“Now, we have to wait for a date when [the Garment Manufacturers Association in Cambodia] and Ocean can meet with investors in order to compromise and be clear about how long the suspension will be,” said Prak Chan Thoeun, secretary general of the National Committee for Demonstration and Strike Resolution.
Staff at Ocean began protesting late last month after the factory announced that it was suspending business from May 26 through June 26—due to a lack of orders from brands including Gap—and was planning on paying staff just $15.
08:27:09 local time INDONESIA
* Garments constitute over 50% of Indonesian textile exports:
06:57:09 local time BURMA/MYANMAR
* GAP to bring ‘Made in Myanmar’ to US shelves:
American shoppers will soon be finding “Made in Myanmar”clothing back on the shelves.
Apparel giant Gap Inc has become the first major US retailer to source garments produced in Myanmar since the easing of sanctions in a move that those in the industry hope will signal the arrival of more international investment.
The San Francisco-based company placed an order earlier this yearfor outerwear to be made at two factories in Yangon. The jackets and vests, which are for the company’s Old Navy and Banana Republic Factory brands, will be shipped to the United States in June and available for sale in stores later this summer.
read more. & read more. & read more.
06:27:09 local time BANGLADESH
20140608 * 4 burnt in old Dhaka shoe factory fire:
A shoe factory owner and its three employees have sustained severe burn injuries in a capital’s Mukimbazar fire on Sunday night.
The injured persons have been identified as Md Rumon, 28, the owner of the shoe factory and his employees–Kebru Miah, 34, Md Hossain, 30, and Sumon, 30.
They have been rushed to the Dhaka Medical College and Hospital (DMCH).
Kausar Hossain, a maternal uncle of the factory owner, said the fire originated at around 8:30pm soon after the switch of a fan was on.
“As soon as the fire originated, it engulfed the entire factory within a few moments, leaving all of them burnt,” he said.
20140607-08 * Ctg workers protest RMG factory closure:
The workers of a garment factory blocked Dewanhat Intersection in Chittagong city for three hours today demanding reopening of their factory soon.
The workers removed the barricade from the road around 1:00pm following a meeting with representatives of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the factory owners.
After the meeting, the factory owners agreed to pay the pending salaries and arrears to the workers in different phases.
More than 500 workers of Techno Dresses Ltd took to the street around 9:45am when they came to know that the authorities have declared a lay-off.
The workers took to the streets halting traffic movement on roads stretching from Dewanhat Intersection to Agra and Ispahani.
Zahangir Alam, general secretary of United Federation of Garment Workers, Chittagong, said the workers started the demonstration when the security guard barred them from entering the factory in the morning.
Salaries and arrears of all workers remain unpaid for the last three months, he said.
20140607-08 * Workers block street for dues:
Additional police force from Double Mooring police station and industrial police rushed to the spot being informed and tried to calm down the agitated RMG workers
Several hundred workers of two readymade garment (RMG) factories yesterday blocked a street of Chittagong city demanding their outstanding salaries and protesting the sack of workers from the factories.
Around 600 workers of Tekno Dress and Wakia Fashions, owned by one Mohammad Faisal, took to the streets on Dewanhat Intersection at 9am demanding their dues since April, said Matiul Islam, officer-in-charge (OC) of Double Mooring police station.
The workers also alleged that the factories’ authorities have adopted policy of retrenchment by firing the workers without showing any logical cause for minimising their costs, he said.
Due to the blockade on the Sheikh Mujib Road in the port city’s Dewanhat area from 9am to 11am, the commuters experienced huge tailback on the road under excessive summer heat, said police and locals.
20140609 * N’ganj RMG factory amicably settles due benefits of ‘terminated’ workers:
An apparel factory in Narayanganj has amicably settled due benefits of its ‘terminated’ workers in the face of their legal initiative against alleged deprivation from the management, sources at the Labour Court said.
The workers, mostly unaware about their rights, took move to realise their due benefits with the support of Labour Legal Aid Cell (LLAC), a government agency formed last year for this purpose.
Under the ‘out of court’ settlement, the factory authorities recently paid Tk 278,000 to 19 terminated workers altogether as their due financial benefits, setting an imitable example for other RMG (readymade garment) owners to follow the less-troublesome ADR (alternative dispute resolution) solution.
Though the amount of money that the management paid is ostensibly quite less than that the workers calculated, some of them expressed their ‘satisfaction’ as they, at least, got some money without any long legal fight.
“We were raising our voice for realising some demands from the owners. Suddenly one day, the management barred us (about 28 workers) from entering the factory without showing any reason or paying the due benefits,” Amir Hossain, one of the 19 workers, told the FE.
20140607 * 65-70-80-90 bworkers fall sick in CEPZ:
At least 65 workers of a garment factory in Chittagong Export Processing Zone (CEPZ) were hospitalized on Saturday as they fell ill after drinking water supplied by the factory authorities.
Abul Mansur, officer-in-charge of EPZ Police Station, said about 60-65 workers of Peninsula Garment Factory started feeling stomach pain and vomiting after drinking water from the factory in the morning.
Later 20 workers were admitted to BEPZA Hospital in the EPZ area while the rest others took first aid, said OC.
to read. & read more. & read more. & read more. & read more. & read more.
& read more.
20140608-09 * RMG workers fall sick after taking tiffin in Gazipur:
At least 50 workers of T-design sweater factory at Jarun area under Gazipur City Corporation fell sick after taking tiffin served by the authorities on Saturday night.
They were admitted to different clinics at Konabari area. Workers of the factory said the factory authorities served a biscuit, a banana, an egg and a loaf of bread as their tiffin at around 8pm on Saturday during night shift duty. After taking the tiffin, many of them started vomiting and fell dizzy.
Some of the workers fell unconscious. Afterwards, the workers were rushed to nearby Haque Medical and Sharif General Hospital for treatment. Owner of the Sharif General Hospital Khandaker Mohammed Sharif said they might have fallen sick for food poisoning. He said most of the workers complained pain in their stomach and vomiting.
They were provided saline and necessary treatments, he added. Most of the workers were released after 12.30 am. Assistant officer of compliance section of the factory Abdullah Al Mamun said only the workers of third floor fell sick while about more than five hundred workers, who were served with same food, were doing their duties at that time.
to read. & read more.
* Industries prioritised by budget: BGMEA:
The country’s apparel apex body-BGMEA-has hailed the proposed budget saying it has prioritised industries, especially the readymade garment sector.
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in a statement appreciated the proposed fiscal measures including reduction of tax at source to 3.0 per cent from existing 5.0 per cent on cash incentive, advance income tax to 0.30 per cent from 0.80 per cent.
The BGMEA also lauded the allocation of Tk 500 million for workers’ skill development, supportive policy for industry decentralisation, withdrawal of import duty from raw materials used in pre-fabricated buildings and safety equipment for the export-oriented readymade garment sector and tax rebate for setting up industries in least developed areas.The BGMEA said it believe that the proposal to raise the expenditure limit from Tk 80 million to Tk 120 million would accelerate the corporate social responsibility (CSR) activities.
to read. & read more.
* Garment exports to US markets fall:
Textiles and apparel exports to the US fell 0.56 percent to $1.77 billion in the first four months of 2014 from the same period last year, according to data from the US Department of Commerce.
Declining exports to Bangladesh’s single largest export destination indicates that a downtrend started in garment exports, said Reaz-Bin-Mahmood, vice-president of Bangladesh Garment Manufacturers and Exporters Association, the garment makers’ platform.
After the Rana Plaza collapse, 175 export-oriented small and medium garment factories were closed, he said.
International retailers are not increasing the prices of garment units now, and work orders are now shifting to Vietnam and other neighbouring countries, he said.
Bangladesh was the sixth largest sourcing country for the US, while China remained at the top of the list by exporting $11.49 billion of textiles and apparel.
* Cash incentive for RMG export raised to 5.25pc:
The government on Sunday increased the cash incentive for export of readymade garments to 5.25 per cent from the existing 5 per cent.
To this end, Bangladesh Bank issued a circular authorizing dealer branches of all scheduled banks saying that the new directive would be effective for the shipment of export items of the RMG sector between January 1, 2014 and June 30, 2015.
The RMG exporters will get 3 per cent cash incentive from the existing 2 per cent if they exported new products abroad.
The three per cent cash incentive will also be paid to the businesspeople who will be able to export their products to new destinations excluding United States, Canada and the countries of European Union.
20130608 * Five denim plants to open within a year:
Five new denim factories are going into operation within the next one year to meet the growing demand for the widely consumed fabrics locally and internationally, organisers of a denim exposition said yesterday.
“Of the five factories, two will start operation very soon as the installation of machinery has already been completed,” said MS Hasan, a director of Partex Denim, one of the organisers of Bangladesh Denim Expo to be held in November in Dhaka.
However, Hasan, who was talking to reporters at a press conference at Sonargaon Hotel in the capital, did not elaborate on who are going to open the denim factories.
Currently, the number of denim factories in the country is 25 and they produce 20 million yards of fabrics a month, he said.
Bangladesh exports denim fabrics and denim-made garments worth more than $600 million a year, Hasan said.
Bangladesh produces only 40 percent of the denim fabrics needed for the local market and exports, while the rest is met through imports, he said.
read more. & read more. & read more.
* ‘Exclusive industrial zone for small shoe industries in 6 months’:
MA Latif, MP has said that the local shoe manufacturing companies should be turned into an industry.
With the aim we have to extend the periphery of the shoe industry and develop a well-trained work force he added.
“We are going to select a site on the south bank of the Karnaphuli river and start work for developing an industrial zone exclusively for shoe industry in cooperation with all small shoe makers of Chittagong in next six months,” he said.
* Of jobs and social protection of workers:
We know sustainable jobs, secure incomes and social protection are the basics of a just economy.
But the so-called globalisation, free-market economy, trade liberalisation and neo-liberal model of capitalism could not secure incomes but widened income inequality and compelled over one billion workers to go unfed or half-fed.
The world has witnessed two great economic recessions in ten years’ time with an unprecedentedly high level of unemployment, precarious work and global wage slump in the absence of social protection.
International financial institutions like the International Monetary Fund (IMF), World Bank and the Asian Development Bank (ADB) compelled governments to withdraw subsidies in the areas of agriculture, health, public education, medical facilities and transport and made the planet a hell for the poor and working people.
It is unfortunate that a worker works for more than ten hours but remains in the bracket of working poor, as 1.2 billion workers globally can earn less than one dollar and fifty cents.
They are compelled to live in extreme poverty. Seventy-five per cent workers have no social protection while 168 million children are out of school due to poverty of their parents.
One billion people have no access to adequate drinking water and 2.6 billion people lack proper sanitation. Of the 865 million women worldwide who have potential to contribute fully to their respective economies, 812 million live in emerging and developing countries.
In Bangladesh, garment workers, 85 per cent of whom are women, are deprived of their rights to trade unions, maternity leave, health care, housing and transportation. Wages here are the lowest in the world.
Adequate scopes and access to quality education as well as technical and vocational training, which are preconditions for decent and sustainable jobs, are not available for 90 per cent of youths.
The government and its relevant agencies working in the field of skill development failed to anticipate the necessity of skill.
RANA PLAZA BUILDING COLLAPSE
* Rana Plaza victims want compensation:
Crude bomb goes off near their human chain in Savar
The victims of Rana Plaza formed a human chain at the collapse site in Savar, on the outskirts of the capital, yesterday morning to press home their six-point demand, including compensation for them according to the ILO convention.
Meanwhile, half-an-hour after the programme started an unidentified boy, aged around 13, exploded a crude bomb around 200 yards away from the programme venue and, later, fled the scene, said a witness.
Mostafa Kamal, officer-in-charge of Savar Model Police Station, said the reason behind the explosion could not be ascertained immediately.
However, the participants continued their human chain and placed the demands, including workplace security at all the readymade garment factories, a stop to termination of RMG workers and full implementation of the newly introduced wage board.
Under the banner of “Rana Plaza Garment Workers Trade Union Kendra”, the speakers alleged that neither the government nor the BGMEA was taking heed of their compensation.
* Rana Plaza victims block highway for compensation:
The organisation also formed a human chain at the Rana Plaza collapse site, where they made their demands
Garments Workers’ Trade Union staged a demonstration in Savar yesterday to press home their six-point demands to ensure the safety of garment workers at workplaces and the implementation of International Labour Law Convention.
The organisation also formed a human chain at the Rana Plaza collapse site, where they made their demands.
Later, the workers of readymade garments factories put up a barricade on the Dhaka-Aricha Highway.
Apart from the organisation’s leaders and activists, relatives and family members of the Rana Plaza collapse victims took part in the agitation programme.
Speakers at the human chain said although it has been over one year since the Rana Plaza collapse, victims of the incident have yet to receive the compensation which they deserved to get.
A worker said they had only received assurances of compensation, but have not been compensated in more than a year since the tragedy.
* Rana plaza victim claims rape:
A victim, who had survived the deadliest factory disaster of Rana Plaza collapse, has allegedly been raped in Savar bank town area on Thursday.
Police has arrested the rapist Shahabuddin and sent him to the court in this connection.
The victim was sent to One Stop Crisis Center of Dhaka Medical College for medical examination on Sunday.
The girl worked at New Wave Bottom Factory of Rana Plaza.
Savar model police station Officer-in-Charge (Investigation) Dipak Kumar Shah said: “Shahabuddin called the girl over by phone on June 5 saying that he would provide financial assistance to the victims of Rana Plaza. The girl went to Savar bank town area around 4pm where she was raped by Shahabuddin.”
He said: “Hearing her hue and cry, locals rescued the girl and informed the police.”
Victim’s mother has filed a case in this regard, said the OC.
to read. & read more. & read more. & read more.
& read more. & read more.
05:57:09 local time INDIA
* Industry and unions hope for a revamp in labour rules:
Expectations are running high that the new government would simplify the nation’s labour laws to boost employment and improve the quality of work.
The BJP manifesto, which alludes to the labour force as “the pillar of our growth”, has promised to promote a harmonious relationship between labour and industry.
Both industry and labour unions have a laundry list of demands on labour law reforms. Industry bodies like the Federation of Indian Chambers of Commerce and Industry (Ficci) have already sent the government their versions of the 100-day agendas for the government, including several proposals on labour laws.
According to Ficci, the 44 central labour laws and more than 100 state laws dealing with the labour market “protect a few employed at the cost of many unemployed”. The multiplicity of labour laws has created confusion and complexity, it has said. Ficci is batting for more relaxed employment rules.
* Trade unions to observe fast on textile sector issues:
Stir has been scheduled to be held in Tirupur on June 20
A meeting of prominent trade unions in Tirupur knitwear cluster held here on Thursday has resolved to observe fast on June 20 to press certain issues related to workers.
The representatives of trade unions namely AITUC, CITU, INTUC, MLF and LPF said the agitation was to highlight some of the long-pending demands of the workers which had been remaining unaddressed. The construction of ESI multi-speciality hospital, which was pending for many years, should be taken up expeditiously, and factory laws should be implemented in letter and spirit at all the textile units across the entire cluster.
The unionists also wanted the government machinery to take up construction of housing facilities for textile unit workers. Edifices in the project could be leased to workers at concessional rentals.
05:27:09 local time PAKISTAN
* Hundreds of labourers have become jobless:
Hundreds of labourers have become jobless due to 14-hour unscheduled loadshedding in the city.
These views were expressed by Powerlooms Labour Union president Muhammad Zaman Ansari while talking to newsmen here.
He told that a large number of powerlooms factories had been closed by their owners due to loadshedding, which also created job problems for the labourers.
He demanded the government take notice of the issue.
* Industrial safety standards: Changing scenario hurts Pakistan’s interest globally:
The country’s textile industry is perhaps not realising that global perception about safety standards is changing rapidly. The need to learn and study the changing environment is in Pakistan’s interest as it aspires to notch a significant increase in textile exports over the next decade.
The textile industry, which has over 50% share in country’s exports, has got a host of incentives in the recently announced budget, which could enable the industrialists to go for a quick surge in exports.
However, with the incentives, challenges for the government do not end. It has also to tackle other issues facing the industry.
One of these that has put the country in an embarrassing position is the recent decision of Walt Disney, a US entertainment giant, that has dropped Pakistan off its list of ‘Permitted Sourcing Countries’ on safety issues. What is more disturbing is that the government did not take the company’s earlier warnings seriously.
“The Ministry of Commerce and the textile industry are working diligently to get the (Walt Disney) ban lifted and bring the company back to Pakistan,” Federal Minister of Textile Industry Abbas Khan Afridi told The Express Tribune.
* Textile industry in Punjab demands smooth power supply:
The textile industry has urged the government to ensure uninterrupted energy supply to the mills throughout Punjab.
Acting Chairman APTMA Punjab Syed Ali Ahsan said that out of the total 235 member mills in Punjab, 58 member mills having no alternative source of energy are prime electricity users with 138 MW of load. Out of these, 25 mills with 55 MW load are located in LESCO jurisdiction. Five mills out of these are completely shut down, while others operate partially due to non-availability of energy
On 27th May, 2014, he said, the LESCO has shut down 10 grid stations in Lahore to take up electricity works for Metro Project. Unfortunately, the shutdown extended beyond the approved time period leading to difficulty for the people of effected areas. However, LESCO due to low demand because of shut grid stations afforded 1-2 hours relief to textile industry between 2PM to 4PM, which has been taken as corruption by LESCO. It has also been alleged that electricity to the industry was diverted from the domestic sector, which is incorrect.
* Aptma rejects increase in GIDC rate:
M Yasin Siddik, central chairman of the All Pakistan Textile Mills Association (Aptma), on Friday said that the rise in Gas Infrastructure Development Cess (GIDC) rate to Rs300 per MMBTU is punitive and unjustified and requested the government to immediately review the decision, a statement said.
The Aptma Executive Committee met in Karachi and Lahore and resolved that this exorbitant rate will cripple the entire textile chain, which is using gas for the power generation and processing, it said.
The Aptma chairman said that due to extreme energy shortage, the textile sector has set up captive power plants in order to enable it to meet its export orders and contribute to GDP of the country, the statement said.
* Unauthorised use of electricity: harassment of mills not acceptable: APTMA:
Acting Chairman APTMA Punjab Syed Ali Ahsan has said that harassment of APTMA Punjab member mills is not acceptable, as member mills of the association are not involved in unauthorised use of electricity.
While holding a press conference at the APTMA Punjab office on Saturday, he said the LESCO’s relief in power supply on May 27 was of institutional nature and for the whole textile industry including the APTMA member mills across the board.
Group Leader APTMA Gohar Ejaz was also present on the occasion, who termed the situation as an outcome of mere ‘misunderstanding’ and expressed the hope that the Prime Minister Nawaz Sharif will take appropriate step when he will come to know the reality of situation.
read more. & read more. & read more.
* Aptma defends accused textile mills:
The All Pakistan Textile Mills Association (Aptma) said on Saturday that none of the mills having the association’s membership is involved in malpractices of any kind, and condemned the filing of FIRs against nine of its Lahore-based member mills for allegedly obtaining undue concession from Lahore Electirc Supply Company (Lesco).
Aptma’s acting chairman, Syed Ali Ahsan, told a press conference that the textile industry is subjected to 10 hours’ load-shedding in Lahore. He said that in May whenever the temperature dropped due to heavy rains electricity consumption dropped appreciably.
* PCGA hails government move to propose incentives to textile sector:
The Pakistan Cotton Ginners Association (PCGA) has hailed the government’s decision to propose incentives, relaxation, rebate and taxation for adopting new technology, assurance to cut in mark-up rate, duty-free import of textile industry and reduction in rate in export refinance and clearance of refund claims in three months.
The PCGA demanded for allowing the ginners to import duty free modern ginning machinery so that high quality cotton could be produced. Presiding over a meeting on Saturday, PCGA Vice Chairman Aasim Saeed Sheikh said “we have rejected the proposal to impose five percent General Sales Tax (GST) on oil-cake, describing this levy is detrimental to the livestock sector.”
* Middle East firm to set up $80mn garment unit in Ethiopia: