Latest news with #HazarKhan
Business Recorder
6 days ago
- Business
- Business Recorder
PHMA Faisalabad gets command of zonal office for 5 years
FAISALABAD: Pakistan Hosiery Manufacturers and Exporters Association (PHMA) Faisalabad has been given the command of the zonal office, and for the next five years, the PHMA zone office will be housed in Faisalabad instead of Lahore. A unanimous decision was taken in the extraordinary general meeting of the Pakistan Hosiery Manufacturers and Exporters Association. The special meeting was attended by officials from the Central Office Karachi as well as Faisalabad, Lahore and Sialkot PHMA offices. Senior Vice Chairman Hazar Khan, Chaudhry Salamat Ali, Dr Khurram Tariq, Mian Naeem Ahmed, Khawaja Amjad, Rana Altaf Ahmed, Mian Farrukh Iqbal, Mian Asif Iqbal, Mian Kashif Zia and others participated from Faisalabad. Copyright Business Recorder, 2025
Business Recorder
10-07-2025
- Business
- Business Recorder
Environmental issues to be resolved in collaboration with PHMA: official
FAISALABAD: Environmental issues will be resolved in collaboration with the hosiery sector industrialists, Usman Azhar, Deputy Director Environmental Protection Agency (EPA) Faisalabad said. Implementation of national environmental laws as well as international environmental standards is the need of the hour, as there is increasing global emphasis on environmental protection and sustainable supply chain, he added. These views were expressed by Deputy Director Environmental Protection Agency (EPA) Faisalabad, Usman Azhar, while addressing a meeting of the Pakistan Hosiery Manufacturers and Exporters Association (PHMA) Faisalabad Region. He said that the EPA does not have a negative agenda, nor is our goal to harass anyone, but rather we all have to make joint efforts to protect the environment. He said that my doors are always open to guide members of the hosiery sector so that issues faced can be resolved through mutual understanding. On this occasion, Hazar Khan, Senior Vice Chairman PHMA Faisalabad, gave a brief introduction to the association and said that if EPA has any complaint regarding any member factory, the association should be taken into confidence before taking direct action. He said that in the event of a factory closure, export orders are delayed, which not only risks cancellation of orders but also damages the country's foreign exchange. He gave full assurance that all PHMA members would fully comply with the laws and regulations related to environmental protection. Mian Kashif Zia, former chairman PHMA, said that the Environment Department is taking commendable steps in line with the vision of Punjab Chief Minister Maryam Nawaz. He said that a balance between environmental protection and industrial development is the need of the hour. He said that the work will continue with the same coordination even during the expected days of smog. The PHMA will ensure the implementation of environmental protection association will continue to cooperate with the EPA in every possible way so that the problems are resolved through mutual consultation. Our goal is to establish an environmentally friendly and sustainable industrial system. During the meeting, Iftikhar Bajwa (Bajwa Industries) and Muhammad Shoaib (MA Processing) participated enthusiastically in the question and answer session. At the end of the meeting, Hazar Khan presented the PHMA shield of honor to the distinguished guest Usman Azhar. Copyright Business Recorder, 2025
Business Recorder
05-06-2025
- Business
- Business Recorder
‘ST imposition under EFS will sabotage export industry'
FAISALABAD: Addressing at a press conference, Senior Vice Chairman of the Pakistan Hosiery Manufacturers & Exporters Association (PHMA), Hazar Khan, warned that the imposition of sales tax at the import stage under the Export Facilitation Scheme (EFS) will sabotage the export industry. He cautioned that the government's move to impose sales tax at the import stage within the EFS framework would be another severe blow to apparel and textile exporters, who are already under immense financial pressure. He emphasised that the collection and refund process of sales tax is not only inefficient but also provides opportunities for corruption through fake refunds, while genuine exporters face long delays in getting their refunds. The value-added textile sector strongly believes that the EFS should be continued in its original form as it existed prior to Budget 2024-25, to ensure liquidity and transparency in the value chain. This stance is also supported by the inter-ministerial committee, led by the federal minister for Planning, under the directives of the prime minister. Chaudhry Salamat Ali, Group Leader of PHMA, stated that the EFS was developed through consultation with stakeholders and has streamlined, digitised, and improved the efficiency of the export process. Fully automated under WeBOC and PSW systems, the scheme has provided financial relief to exporters. He highlighted that APTMA is using outdated machinery with poor quality and high costs, while value-added garment production requires yarn that meets international standards. The government allowed yarn imports under EFS, which is a key reason for the increase in exports. Arif Ihsan Malik, former Chairman of APBUMA, mentioned that duty-free yarn imports have long been allowed under various SROs, similar to policies followed by Bangladesh, Vietnam, and other countries. He refuted APTMA's claim that 100 of their mills have shut down, calling it baseless and demanding that they share accurate data with the media. He also advocated for allowing commercial importers to bring in yarn under EFS so that small and medium-sized exporters can benefit as well. Mian Kashif Zia, former chairman of PHMA, said that the apparel industries in Bangladesh and Vietnam also rely on imported raw materials and their governments run similar facilitation schemes. Imposing sales tax under EFS would defeat its core purpose. Mian Farrukh Iqbal, former Chairman of PHMA, stated that the government has set a $60 billion export target under the 'Uraan' programme, which will be at risk if the EFS is withdrawn. He further claimed that APTMA produces substandard yarn which fails to meet international expectations, thus compromising the quality of garments made from it. Copyright Business Recorder, 2025
Business Recorder
23-04-2025
- Business
- Business Recorder
Removal of road obstructions in Sindh demanded
FAISALABAD: All major textile associations in Faisalabad, along with the Faisalabad Chamber of Commerce and Industry (FCCI), have raised serious concerns over the ongoing road blockages in Sindh, which are severely disrupting cargo traffic and threatening the export sector. Hazar Khan, Senior Vice Chairman of the Pakistan Hosiery Manufacturers & Exporters Association (PHMA) addressing a press conference here Wednesday, said that the road closures due to protests over canal issues have led to the halting of hundreds of containers. This disruption not only delays the timely delivery of products to international markets but also jeopardises the trust of foreign buyers in Pakistani exporters. He further highlighted the challenges faced in receiving raw materials for manufacturing, leading to operational difficulties in industrial units. However, Rehan Naseem Bhara, President Faisalabad Chamber of Commerce and Industry (FCCI), emphasised that the blockage of roads is preventing export containers from reaching ports, resulting in delays of up to one to two months. He appealed to Prime Minister Shehbaz Sharif and Chief Minister of Sindh Murad Ali Shah to address the issue promptly to prevent further economic damage. Mian Farukh Iqbal, former Chairman PHMA, mentioned that after receiving relief in electricity tariffs, they assured international buyers of the resumption of production processes. However, the current road blockages are hindering exports. He urged the government to resolve the issue swiftly to achieve the 'Uraan' program's target of $60 billion in exports over the next five years. Rana Altaf Ahmed, former Senior Vice Chairman PHMA said this issue must be resolved immediately to avoid having to ship our consignments by air. Syed Zia Alamdar Hussain, former President of the Faisalabad Chamber of Commerce added we are not part of any political agenda. Our only concern is political and economic stability. The government must take urgent action to end the road blockages so that the business and trade ecosystem can return to normal. Waheed Khaliq Ramey Chairman Power Looms Owner association said that this issue is not limited to the export sector alone — the local industry is also being severely affected. 'I respectfully urge the President of Pakistan Asif Ali Zardari, whose party has governed Sindh for the past sixteen years, to intervene and resolve this matter promptly.' Mian Kashif Zia, former Chairman PHMA, said that the news of these protests is damaging Pakistan's image internationally. Our buyers are now reluctant to place new orders. Copyright Business Recorder, 2025
