Blog@magnipak is our way to share the most relevant industry-related information, news, and updates. Our BLOG covers a variety of topics relevant to textiles, industry trends, and international trade, etc. Please subscribe to our newsletter to…
The USA and five Central American Nations — Guatemala, El Salvador, Honduras, Costa Rica, and Nicaragua — and the Dominican Republic have developed a consensus to sign a free trade agreement named CAFTA. A Brief…
Duty and tariff are the terms used for levies imposed by the Governments on imports and exports. Both terms are often mingled up. These are used interchangeably. The truth however is that there are minor…
The markets are ever getting sophisticated and complicated with every passing day. The Covid-19 has aggressively affected competitiveness. The procurement departments are under stress to meet expectations as regards delivery and cost-saving. The companies are…
Manufacturing traditionally was an activity of producing goods, storing them in warehouses, and supplying them to distributors. The distributors then are responsible for supply to retailers through whole-sellers. It means that manufacturing essentially has to…
It is the second time that the Pantone Color Institute has announced two colors of the year: One is PANTONE® 17-5104 Ultimate Gray, a color bringing to mind the famous 50 shades of Gray. The other one…
A new emerging Regional Comprehensive Economic Partnership (RCEP) consists of 10 members of the Association of Southeast Asian Countries (ASEAN), including South Korea, China, Japan, Australia, and New Zealand. The RECP is the largest trading…
the worst trade deal ever made Above are the comments made by President Donald Trump about NAFTA, during the presidential campaign of 2016. Such was the value of the agreement in the eyes of…
All indicators show that the textile industry of Pakistan is recovering from the worst. The global buyers are back in business after the corona Pandemic stands curtailed a bit. The smart lockdown strategy of the…
The year 2020 started with the Corona Pandemic, closing the world for months. It was an unpredictable situation for all business activities, the supply chain being no exception. The opening of firms after the Pandemic…
The procurement is among the significant areas where companies are making hefty expenses. A prudent Chief Procurement Officer (CPO) can cut the procurement costs without compromising quality, vendor relationships, and delivery schedules. A timely quality…
|Faisalabad - Pakistan |
