{
  "id": 11580617,
  "title": "PHMA urges govt to adopt export-friendly policies",
  "url": "https://urgent.news/2026/10/03/phma-urges-govt-to-adopt-export-friendly-policies",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-03T02:07:47.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40442422/phma-urges-govt-to-adopt-export-friendly-policies"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has urged the government to adopt export-friendly policies to boost the country's export industry. Despite a 44% increase in apparel and textile exports over the past decade, PHMA leaders cited high manufacturing costs, difficulties in business operations, policy hurdles, and an uneven playing field as major challenges to the sector's competitiveness. With textile exports rising from USD12.447 billion in 2015-16 to USD17.933 billion in 2025-26, and total exports increasing from USD20.787 billion to USD30.139 billion, the PHMA emphasized the need for export policy continuity and the reduction of manufacturing costs to enable Pakistani exporters to compete effectively in the global market.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}