PFMA calls for luxury items import ban to stay for five years

Chairman of Pakistan Footwear Manufacturers Association (PFMA) Mr Zahid Hussain, has said that due to sustained growth, the country’s shoe export is on the higher side, and this stability in the sector is a welcome sign. This is mainly possible due to the effective and dynamic trade policy for which the government lent commendable support.Continue

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APLF to host leather shows in Bangkok and Dubai in 2022 and 2023, respectively

The Hong Kong-based Asia Pacific Leather Fair (APLF) has announced the hosting of a special edition of APLF ASEAN in Bangkok, Thailand, from 19 – 21 October 2022 at the new Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand. In addition, APLF Dubai 2023 from 13 -15 March 2023 at Sheikh Saeed Halls 1-3 and Trade Centre Arena, Dubai World Trade Centre in UAE.… Continue

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PTA has shown deep apprehension about the discontinuation of the Power Tariff to five export oriented sectors

Mr Amanullah Aftab, Chairman of Pakistan Tanners Association (PTA) has shown deep apprehension about the discontinuation of the Power Tariff to five Export Oriented Sectors of the country. It includes the Leather Sector of Pakistan, which is accelerating the pace of exports as a result of vigorous efforts with the support of the Government of Pakistan and recorded the Export Growth of “Finished Leather” as below:-


Export of Finished Leather                                                                                                      Value in Thousand US$

Commodity 

July-January-2021

US$  

July-January-2022

US$  

Growth Rate 

Finished Leather 

84,938 

112,775 

+ 32.77% 

 

July-February-2021

July-February-2022 

 

Finished Leather

97,429 

134,168 

+ 37.71% 

 

July-March-2021

July-March-2022 

 

Finished Leather

113,321 

154,506 

+ 36.34% 

 

July-April-21

July-April-22 

 

Finished Leather  

129,538 

172,742 

+ 33.35% 

 

The overall Leather Sector of Pakistan with allied commodities is in progress with growth @ 15%.… Continue

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Footwear industry lauds PM for imposing a ban on the import of luxury goods

Pakistan Footwear Manufacturers Association (PFMA) has applauded the Federal government’s initiative to impose an immediate ban on the import of luxury goods as one of the major preventive steps to forestall the looming default and control the spiraling hike in dollar price against rupee.… Continue

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The Design-A-Bag Competition 2022

The Design-A-Bag Competition 2022 Final Judging Ceremony successfully took place on 31st March during APLF Dubai 2022. The judging panel selected Amara, designed by Neil Bryan Capistrano from Philippines, as this year’s overall winner. Neil will receive a 5-week bag design course in Milan valued at USD 4,900 with USD 1,000 accommodation allowance at the prestigious Arsutoria School as the final prizes.… Continue

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Pakistan’s leather industry exports revenues maintained double-digit growth in 9MFY22

Pakistan’s leather industry exports revenues maintained double-digit growth during the first nine months of FY22 (July – March 2022).

 

The leather industry export revenue has surged to US$735.099 million in the first nine months of FY22, compared to $ 639.992 in 9MFY21, up 14.86 percent YoY, according to the data compiled by the Pakistan Bureau.Continue

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Bangladesh leather exports translate a growth of 30.951% on a YoY basis in 9MFY22

The Bangladesh leather industry has earned export revenue of US$896.8 million between July 2021 and March 2022, of the ongoing fiscal year 2021-22, compared to $684.84 million earned in the same nine months of the previous fiscal year. It translates to a growth of 30.951% on a YoY basis, according to the Bangladesh Export Promotion Bureau (EPB).… Continue

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Indian imports of raw materials for leather industry increased

According to the Indian Council for Leather Export (CLE), the import of raw hides & skins, leather and leather products for the period April-January 2021-22 touched the US $895.23 million as against the import of US $ 597.74 million in April-January 2020-21, recording a growth of 49.77%.… Continue

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High energy and an optimistic mood pervaded APLF’S special edition in Dubai

After a three years hiatus due to the Covid-19 pandemic, the world’s leading trade fair in Leather and Fashion made a triumphal return in Dubai World Trade Centre, from 30th March to 1st April, coinciding with the last few days of Expo2020.… Continue

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APLF Dubai 2022 concludes at the Dubai World Trade Centre recently

Having held the last edition in Hong Kong in 2019, APLF Dubai marks its return since the 2019 event. It is the first time that the world’s leading leather show is being held outside its home city.

It hardly seems credible that the last edition of APLF concluded three years and 12 days ago in Hong Kong.… Continue

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Consul General of Pakistan in UAE inaugurated Pakistan Pavilion in APLF 22

The formal inaugural ceremony of the Pakistan Pavilion in Asia Pacific Leather Fair’2022, in Dubai, UAE, was jointly organized by the Pakistan Tanners’ Association & Consulate General of Pakistan, Dubai, UAE, at the entrance of the Pakistan Pavilion in Hall # 4 at 30.03.2022 at World Trade Centre, Dubai, UAE.… Continue

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PFMA briefed TDAP officials to help overcome Industry Challenges

TDAP senior Official pay visit to Italian-Pakistan footwear Technical centerat the premises ofPakistan Footwear Manufacture Association (PFMA) in Lahore to be briefed on prevailing Industry progress and challenges. Secretary Mr. Ahsan Ali Mangi accompanied by DG TDAP Mrs. Nudrat Hussain were presented by PFMA Chairman Mr.… Continue

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Leather industry faced problem for ACD 2%

The Chairman Pakistan Tanners Association (PTA) in a statement issued today on earlier PTA instance and mutual understanding made with MOC the 3% Custom Duty on import of basic raw materials for leather industry such as raw/wet blue / pickled of cow, buffalo, goat and sheep skins has been announced to be removed in the Federal Budget for the year 2018-19 while during a meeting held with MOC by PTA delegation it was clarified categorically that Additional Custom Duty (ACD) which has been increased from 1% to 2% would automatically be removed being the integral part of Custom Duty at the time of issuance of concerned SRO in compliance with custom prescribed procedure.… Continue

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PTA hails federal budget

Pakistan Tanners Association (PTA) has announced that with the continued
support of Mr. S.M. Muneer, Chief Executive, Trade Development Authority
(TDAP) as well as cooperation and support of all the three leather related
Associations i.e. PLGMEA, PFMA and PGMEA, the Government has granted
exemption of Sales Tax on local supply of raw hides and skins in the Federal
Budget 2015-16, which was announced on 5th June’2015 under Financial Bill
2015.… Continue

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