PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION
37-H, BLOCK-6 P.E.C.H.S., KARACHI-PAKISTAN
TEL: 0092-21-34522769, 34522685, 34544765 FAX: 0092-21-34543774
Ref. No. PHMA/Cir-013/2016
Dated: 16th February, 2016
TO ALL MEMBERS OF THE ASSOCIATION
We are attaching herewith several Press Clippings of English and Urdu Newspapers dated 16th February, 2016 Joint Press Conference of Five Export Sectors’ Associations held on 15th February, 2016 at PHMA House, Karachi demanding release of held up payments of exporters, revival of the Zero Rating “No Payment No Refund” System; Tariff of electricity, gas and water for export sectors should be brought down at par with regional competitors (Electricity of Bangladesh and India is US $ 0.10/kwh while in Pakistan is US $ 0.14/kwh. Industrial Captive Power Plants Gas Tariff of Bangladesh is $3.01/MMBTU and India is $4.66/MMBTU while in Pakistan is $7.68/MMBTU); Top Priority be given to export oriented industrial consumers in supply of all utilities instead of other consumers; Tariff of electricity, gas and water for export sectors should be fixed on yearly basis.
Being emailed for your information and perusal.
Thanks & Best Regards