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Pakistan s thriving textile sector shrinks as global demand slows

A SLOWDOWN in in global consumption and a rise in energy costs following the outbreak of war in Ukraine have compounded problems for Pakistan’s industrial manufacturing sector. The textile sector, which accounts for about 60 per cent of Pakistan’s exports, has been hit by the critical state of the country’s economy as well as months

Pakistan s economic woes leave textile industry in tatters

LAHORE, PAKISTAN (AFP) – Factory worker Lubna Babar was made redundant at the beginning of the year, a victim of a crisis in the Pakistan textile industry that has seen it lose ground to more nimble Asian competitors. “When you lose your job, your life comes to a close,” the 43-year-old from Lahore told AFP. […]

Pakistan s economic woes leave textile industry in tatters - Business & Finance

Pakistan s economic woes leave textile industry in tatters

LAHORE Factory worker Lubna Babar was made redundant at the beginning of the year, a victim of a crisis in the Pakistan textile industry that has seen it lose ground to more nimble Asian competitors."When you lose your job, your life comes to a close," the 43-year-old from Lahore told AFP."We've been working in factories for years. the day you get sacked, the story ends

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