Rising interest rates are disastrous for trade and industry: PYMA

Saqib Naseem, Central Chairman Pakistan Yarn Merchants Association (PYMA), Junaid Teli, while expressing deep concern over the non-reduction of interest rates by the State Bank of Pakistan despite the demands of the business community, said that it has recently increased

PYMA urges CM Sindh to fix minimum wage of Rs20,000 on equal basis

KARACHI: Pakistan Yarn Merchants Association (PYMA) has expressed serious concerns over the Sindh government’s move to set a minimum wage of Rs 25,000 against the Rs20,000 wage announced in the federal budget.  They urged Sindh Chief Minister Syed Murad Ali

Yarn manufacturers oppose additional 2.5% regulatory duty

KARACHI: Pakistan Yarn Merchants Association (PYMA) chairman Danish Hanif has expressed frustration over the non-provision of relief on imported raw materials for the textile industry. While expressing disappointment over SMEs in Budget 2020-21 and opposing the imposition of a further