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Textile sector to get some relief with reduced GST on yarn

The man-made fibres and yarns were slotted under 18 percent GST rate while the fabrics were slotted under 5 per…

7 years ago

NGT judgment brings relief to Malegaon textile industry

The National Green Tribunal (NGT) in its judgment delivered on November 04, 2015, has given conditional permission to re-start the…

8 years ago

Pakistan textile industry gets some relief with interest rate cut

The longstanding demand of the Lahore Chamber of Commerce and Industry (LCCI) that the mark-up rate should be at the…

9 years ago

India expects to consolidate its position in textile sector over the coming years

The Indian textile industry plays an important role of the largest contributing sectors in the country’s exports by contributing nearly…

9 years ago

MycoWorks secures US $125 million series C financing

MycoWorks, announced a $125 million Series C funding round headed by Prime Movers Lab, with new investors SK Networks and…

2 years ago

Cambodian workers demand protection against low wages

The Cambodian National Trade Unions Coalition(NTUC) has approached the Ministry of Labour with recommendations on how best to address the…

4 years ago

Senate’s $2 trillion war chest welcomed by AAFA

The American Apparel and Footwear Association (AAFA) has welcomed Senate approval of a US$2 trillion war chest which will ease…

4 years ago

A glimmer of hope for textile, garment industry

The planned intervention of the Central Bank of Nigeria (CBN) in the moribund cotton, textile and garment industry comes as…

5 years ago

Concern for Pakistan as it’s export performance is dependent on cotton prices

All Pakistan Bedsheet and Upholstry Manufacturers Association Chairman Syed Muhammad Aasim Shah has praised the Economic Coordination Committee (ECC) for…

6 years ago

Sales tax, duty on cotton imports withdrawn

The Federal Board of Revenue (FBR’s) notification states that textile sector will avail the benefits on imports of raw and…

6 years ago