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| | | Pakistan - Textile sector problems to be solved on priority basis | | 15 Mar, 2010 - Pakistan [FREE] |
Federal Minister for Textile Industry Rana Muhammad Farooq Saeed Khan has expressed the resolve that all genuine problems of the textile sector would be solved on priority basis as government is serious in mitigating the sufferings of all stakeholder.... |
| | | India - Textile cos step up hiring as business picks up | | 15 Mar, 2010 - India [FREE] |
Indian textile companies one of the worst hit by the global economic slowdown two years ago as export demand shrunk, leading to major job losses — have started hiring again after orders picked up from key markets like the US and EU. Being one of the .... |
| | | Spain - Repsol shuts output at three petrochemical units | | 12 Mar, 2010 - Spain [FREE] |
Spanish oil firm Repsol YPF SA (REP) has decided to end production at three petrochemical units at its Puertellano industrial complex in central Spain, due to continued low demand during the economic crisis.
Repsol will also temporari.... |
| | | India - OPAL invites plastic converters to set up units at Dahej SEZ | | 14 Mar, 2010 - India [FREE] |
ONGC Petro-additions (OPAL), a joint venture promoted by Gujarat State Petro Corporation, GAIL and ONGC at Dahej SEZ, has invited plastic converters from India and abroad to set up manufacturing units at the Dahej special economic zone (SEZ).
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| | | Pakistan - APTMA to observe strike on 18th | | 14 Mar, 2010 - Pakistan [FREE] |
As the domestic yarn crisis deepens, the All Pakistan Textile Mills Association (APTMA) announced on Saturday that it would go on strike on March 18, due to the anti-spinners policies adopted by the federal ministry of textiles.
Annou.... |
| | | Pakistan - Exports of textiles have declined | | 14 Mar, 2010 - Pakistan [FREE] |
Exports of value-added textiles including cotton cloth, knitwear and readymade garments have recorded a decline of 18 per cent, 12 per cent, and 8 per cent respectively since the start of the current fiscal year.
Pakistan Apparel Foru.... |
| | | Pakistan - Government to resolve textile industry`s problems | | 14 Mar, 2010 - Pakistan [FREE] |
Federal Commerce Minister Makhdoom Amin Fahim, on Saturday, said that the government is committed to resolve all problems being faced by the textile industry. Talking to media at the Lahore Expo Centre, he said that the power crisis was a major issue.... |
| | | Pakistan - Towel-makers seek exemption from VAT | | 14 Mar, 2010 - Pakistan [FREE] |
Towel Manufacturers’ Association of Pakistan (TMA) has urged the government to incorporate the spirit of SRO 509(1)/2007 in VAT Law and exempt goods supplied to textile and textile made ups from the deduction of Value Added Tax.
In a statement her.... |
| | | African textile exports to US drop on uncertainty | | 12 Mar, 2010 - South Africa [FREE] |
African apparel exports to the United States under a preferential trade arrangement have fallen in the last few years as the expiry date for the deal draws closer, a regional industry body said on Friday.
The African Growth and Opportu.... |
| | | Spain - La Seda Refinancing scheme close to completion | | 12 Mar, 2010 - Spain |
La Seda de Barcelona has reached agreement with over 75% of its creditors to back the Lock-up Agreement needed for compliance with the UK Scheme of Arrangement. This allows renegotiation of debt with the support of 75% of lenders, rather than the 100.... |
| | | New Zealand - Stronger dollar erodes wool prices | | 12 Mar, 2010 - New Zealand [FREE] |
A stronger dollar helped to pull down prices at this week's North and South Island wool sales.
The New Zealand dollar rose by more than 1% against the main wool trading currencies.
Wool Services International says the .... |
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