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    Recent Analysis Of Latest Trends In International Textile Industry (7.17)

    2013/7/17 22:49:00 32

    Textile IndustryInternational TextileTextile DynamicsTextile Enterprises

    < p > < strong > Pakistan 2013 sales tax increase is pushed up < /strong > < a target= "_blank" href= "http://www.91se91.com/" > strong > dress > /strong > /a > < strong > price > < > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > < > > > > > > > < > > > > > > > > >


    < p > despite the fact that the fiscal year 2014 budget has not yet been formally approved by the Pakistan Parliament and the government has only approved the increase in the price of petroleum products, commodity dealers have already increased their prices.

    < /p >


    < p > in order to increase the proportion of tax revenue to GDP in fiscal year 2014 from the current 9.4% to 10%, the Pakistan government implemented a new tax policy.

    Among them, the federal consumption tax is recharged, the zero tax rate is abolished, the retail price is taxed according to the label, the tariff concessions granted through the regulations are abolished, and the sales tax rate is raised to 17%.

    Almost all commodity prices in Pakistan have risen since the announcement.

    < /p >


    < p > despite the fact that the fiscal year 2014 budget has not yet been formally approved by the Pakistan Parliament and the government has only approved the increase in the price of petroleum products, commodity dealers have already increased their prices.

    Surveys of wholesale and retail markets in Rawalpindi and Islamabad show that wholesalers and retailers of daily necessities have raised all commodity prices, including clothing and < a target= "_blank" href= "http://www.91se91.com/" > shoes < /a > hat, and the price increase is about 1~ 15 rupees.

    Shaikh Mohamed Siddiqui, chairman of the all bus Dealers Association, said the increase in the sales tax rate would deepen the impact of inflation on the poor.

    < /p >


    < p > < strong > clothing has great contribution to the industry of Indonesia < /strong > a target= "_blank" href= "http://www.91se91.com/" > strong > textile > /strong > /a > lore > industry.


    < p > clothing development is the key to increase revenue in Indonesia < a href= "http://www.91se91.com/news/index_c.asp" > textile industry < /a >, and the textile industry is one of the main sectors of Indonesia's economic growth.

    From the perspective of the entire textile industry, clothing is the largest contributor to the textile industry, said Boukari, Secretary of the Ministry of industry of Indonesia, Surrey, Changan.

    < /p >


    Ansari P said that the large and medium scale textile industry absorbed 1 million 500 thousand textile workers, of whom 500 thousand were absorbed by the clothing department.

    < /p >


    Ansari P explained that in the industrial development of the Ministry of industry, the textile industry is still one of the priority industries.

    < /p >


    Ansari P said that textile exports in 2012 amounted to nearly US $13 billion, about two times that of 20 years ago.

    In addition to the continuous growth of textile exports, the textile industry still has many growth potential.

    The market potential is still huge.

    < /p >


    Less than P, stakeholders in the textile industry are still expected to focus on the garment manufacturing industry as the main driving force of the national economy.

    < /p >


    Ansari P said the exhibition is very useful because it can increase the market share, promote the best product sales, and get feedback at the same time.

    < /p >


    Before P, industry minister Xi Da Yue hopes that in the next 10 years, Indonesia's housing products will occupy 5% of the world market share.

    At present, Indonesia's market share is less than 2%.

    < /p >


    P said, the government's priority departments include batik textile, because batik textile is an excellent product.

    < /p >


    < p > < strong > Turkey will invest in Pakistan's textile industry < /strong > /p >


    < p > Turkey has decided to invest $1 billion in the next three years on communications in Pakistan, < a href= "http://www.91se91.com/news/" > textile > /a > and auto industry. This news is regarded as a significant development, and it may promote the continuously decreasing investment in a long-term and effective way.

    < /p >


    Turgat Bayan, founder of Bayan P, said Turkey has decided to invest $1 billion in communications, textile and automotive industries in Pakistan in the next three years.

    < /p >


    < p > according to the Investment Committee (BOI), Bayan informed the newly appointed chairman of the board of directors, Mohammad Zubair, about the investment that Turkey will make.

    Turkey's previous direct investment in Pakistan amounted to 370 million US dollars.

    < /p >


    < p > this news is regarded as a significant development, and it is possible to promote continuously decreasing investment in a long-term and effective manner.

    This year, the government has set an ambitious investment target of US $2 billion, which is more than two times that of the previous financial year.

    Turkey investment, which is due in three years, will help raise investment to a very low proportion of GDP, which has dropped to a record low.

    < /p >

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