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US profits hurt by cheap foreign polyester

A major U.S. consumer of RPET enjoyed higher sales figures but suffered significantly lower net income last fiscal year. One…

5 years ago

Zimbabwe govt. supports about 90 percent of all cotton grown in the country

Government currently supports about 90 percent of all cotton grown in the country through the Presidential Inputs Support Scheme.The incentive…

6 years ago

Ethiopian textile, garment exports earns USD 31.2 mn over last 3 months

The Ethiopian Textile Industry Development Institute disclosed that the foreign currency generated from the textile sector has been steadily growing.…

6 years ago

Alassolar exports its first cotton thread consignment to Portugal

Alassola an Angolan textile company based in the municipality of Benguela in Angola’s central coastal region has entered into export…

7 years ago

Vietnam gets assistance from IFC for green textile production

The garment-textile sector is the second largest earner of foreign currency for Vietnam, earning over $27 billion from exports per…

7 years ago

Zimbabwean clothing industry experiences trajectory growth of 165pc

ZimTrade, the country’s export promotion body, revealed that despite a plethora of challenges faced by its clothing and textile manufacturing…

7 years ago

US bill impinges on Bangladesh RMG sector

The Ready Made Garments (RMG) sector,the biggest earner of foreign currency for Bangladesh after the agricultural sector, may face an…

8 years ago

Bangladesh textile sector earned $128,000mn in six fiscal years

Bangladesh government has set a target to earn foreign currency of $28,447.57m in the current fiscal year of 2015-16 after…

9 years ago

Bangladesh textile and garment units facing difficulties to go into production due to gas crisis

Both the BGMEA and the BTMA leaders demand gas connections for the country's largest foreign currency earner on a priority…

9 years ago

Zimbabwe cotton output on the verge of collapse

Zimbabwe cotton also known as the white gold had economically uplifted places such as the hot and semi-arid marginalized areas…

9 years ago