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currency devaluation
2015-08-13 17:30:00
India's textile exports to face adverse impact with devaluation in yuan
Indian textiles exports and clothing due to recessionary conditions in global markets is already facing slow move, to further have an adverse impact with the sudden move on the part of China to
2017-09-28 15:00:00
VN Ministry drafts legal amendments to boost textile and garment exports
Vietnam local garment exporters with the rise in wages for workers and logistics costs are under pressure particularly in the face of fierce competition from regional rivals like Bangladesh, Myanmar
2020-02-28 06:30:39
Oerlikon hosts annual technology symposium in India
For more than a decade now, the Manmade Fibers segment of the Swiss Oerlikon Group has been hosting a comprehensive technology symposium at the beginning of each year in the Indian region around
2016-06-22 14:00:00
Telangana textile, spinning mills decides to remain shut twice a week
To highlight the host of problems faced by the industry, including shortage of cotton that was made scarce allegedly by multinational companies, the Telangana textile and spinning mills has decided
2015-08-17 15:45:00
China sneezes and textile world may catch cold soon
The People’s Bank of China (PBC) devalued the Renminbi (RMB/Yuan) on 11 August by 2015 by 1.9%, the largest one day devaluation since 1994. The ‘daily fix’ of the currency to the
2014-06-25 12:00:00
Cotton trading continue at slow pace, price reduced by Rs.50
With buyers reluctant to enter into big deals trading at Pakistan cotton market continued at slow pace. Only around 2,500 bales from new crop have so far been sold by ginners which were mostly
2014-02-24 12:50:00
Bangladeshi jute mills likely to revival with implementation of packaging law
Bangladesh has 94 spinning mills in the country, of which around 20 were closed down in the last 7/8 months and many more mills are running below their capacity and will be forced to close down soon
2017-04-01 10:00:00
Belarus may become a new European technical textiles production centre
Belarus plans to build a new industrial cluster on the basis of Mogilevkhimvolokno, the largest producer of polyester fibres and yarns in Europe. The new cluster will operate on full cycle basis,
2016-12-17 16:00:00
Egyptian garment and textile exports may take time to see surge in sales
Egypt’s biggest manufactured exports are garments and textiles. The industry suffered badly since the central bank began pegging the pound against the dollar after Egypt’s uprising in
2016-06-24 16:10:00
Tirupur exporters concern over UK's exit from EU
UK’s decision to exit from the European Union which in turn impacted the currency, worries exporters from the tiny town of Tirupur as many of the exporters exports around Rs26,000 crore of
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