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Related Keywords: apparel industry going through tough times, CMAI, domestic apparel industry, evade taxes, government issued sixteen licences, misdeclaring containers as used garment, only in Kandla Specialised Economic Zone, overall scenario further worsened, rise in import of used garment, severe demand slowdown, unauthorised importers

Rise in imports of used garments has worsened the overall scenario further of Rs2,50,000 crore domestic apparel industry passing through tough times due to severe demand slowdown.

The government has issued only 16 licences so far for players only in Kandla Specialised Economic Zone (SEZ). Import of used garments elsewhere in the country is banned. Categorised as restricted item (which means import not possible without government licences),

Related Keywords: cotton bales changed hands, dearth of commodity against strong demand, ginning factories in Sindh closed, official spot rate picked up further, owing to short supply, Pakistan cotton market, prices hit new high, prices likely to rise in coming days, ready busines, seed cotton prices posted fresh gain

At Pakistan cotton market owing to short supply, prices hit new high on Saturday. In both Sindh and Punjab, seed cotton prices posted fresh gain of Rs 200 to Rs 3300 and 3350 per 40 kg, respectively. While, the official spot rate picked up further Rs 150 to Rs 6250, dealers said.

In ready business, more or less 3,000 bales of cotton changed hands between Rs 6450 and Rs 6700, dealers said.

According to cotton analyst, Naseem Usman, due to short position, the prices likely to touch Rs 7000 in the coming days. The prices showed a rise of Rs 700 on short supply position.

Related Keywords: development of textile industry, Drawback of Local Taxes and Levies, exports picking up, federal government has already paid Rs three hundred million, given to textile industry every year for next five years, government of Sindh to allot land, Long Term Financing facility, release tax refund, Textile City to be established soon in Karachi

Federal Secretary for Textiles Ministry Amir M Khan Marwat addressing a meeting at the Federation House organized by the Standing Committee on Textile Apparel of the Federation of Pakistan Chambers of Commerce and Industry said that a Textile City to be established soon in Karachi on government of Sindh allotting land for which the federal government has already paid Rs. 300 million.

The government is doing its best for the development of textile industry as this is an important industry providing 40 percent industrial jobs and earning 60 percent foreign exchange.

Related Keywords: chief executive, City University of Hong Kong, converted into polylactic acid, Edwin Keh, food waste containing sugar, government sponsored research institute, Hong Kong Research Institute of Textiles and Apparel, innovative unique solution to problem waste food, recycle food waste into fabric, teamed up for a joint project, using enzymes

A government-sponsored research institute and the City University of Hong Kong have teamed up for a joint project on an innovative unique solution to the problem of large amount food of thrown away during the course of its daily production, distribution and consumption. This includes not only leftovers but, for example, vegetables that are not within the standard range of size or shape.

Related Keywords: cotton corporation of India, cotton prices shooting up, cotton stocks, e sale of cotton stock, minimum support price, msms textile mills, SIMA, Textile mills, Textile Ministry

With cotton prices shooting up, the Textile Ministry to keep prices under check has directed the Cotton Corporation of India to sell cotton purchased by it. CCI will start e-sale of cotton stock with it to to micro, small and medium-scale (MSMS) textile mills in a couple of days directly at minimum support price, according to the official.

Related Keywords: exclusive home textiles, exhibition cum sale of handloom, handloom designer fabrics, handloom products, Pochampally Handloom Park, Pochampally IKAT art Mela, silk and cotton sarees

Pochampally IKAT Art Mela 2016 exhibition cum sale of handlooms and handloom products from Pochampally in Telangana was inaugurated by Tollywood actress Sarika Pavani at the Lions Club of Visakhapatnam at Ramnagar on Friday.

The actress appreciated the organizers for displaying handloom designer fabrics, silk and cotton sarees apart from some exclusive home textiles.

Related Keywords: Apiradi will be joined by Turkey economic minister, Commerce Minister Apiradi Tantraporn, free-trade agreement negotiation, FTA to immediately eliminate tariffs, lead Thai negotiation team in Turkey, ninety percent of trade in goods for both sides, set to kick off next week, Thailand, Thailand gateway for Turkey to penetrate Asean, Turkey

Thailand and Turkey’s free-trade agreement negotiation set to kick off next week which have been postponed since January. Commerce Minister Apiradi Tantraporn will lead the Thai negotiation team in Turkey on Tuesday to Thursday for the first round of talks. On Tuesday, Apiradi will be joined by Turkey's economic minister.

Related Keywords: Brazilian textile machinery exhibition Febratex, demonstrate Topmatic warp tying machine, flexibility and delivery deadlines, showcase number of textile weaving solution, Stäubli, Swiss textile machinery manufacturer, weavers facing increasing demands in terms of quality fabrics

Stäubli, Swiss textile machinery manufacturer to showcase a number of textile weaving solution at the next month’s Brazilian textile machinery exhibition Febratex, as weavers are facing increasing demands in terms of quality fabrics, flexibility and delivery deadlines.

Stäubli will be exhibiting at Booth 11, Sector 1 during the course of the show.

Related Keywords: adapting well established polyester production technologies, Deltapeak and Waveron lines, developed new range of nylon-based functional materials, ideal for sports, Japanese technology driven global group, nylon material, outdoor and casual wear garments, related textiles, Teijin

Teijin, a Japanese technology driven global group announced that it has developed a new range of nylon-based functional materials and related textiles by adapting the company’s well established polyester production technologies for nylon material are ideal for sports, outdoor and casual wear garments.

The newly developed products offer the high functionality of polyester products such as lightweight, moisture management, anti-transparency, and softness — while retaining the characteristics of nylon fiber produced by Taiwanese nylon manufacturer Chain Yarn Corporation .

Related Keywords: allay security concern, Bangladesh government, brief businessmen on measures taken, export earning of Bangladesh, foreign companies invited, hold investor meeting, international businees community, key contributor, textile sector, win back confidence

The Bangladesh government subsequent to the terror attack that killed 20 people, mostly foreigners, in a Dhaka restaurant on 1 July has decided to hold an investor meeting next week to allay the international business community's security concerns where they shall brief the companies and the businessmen about the measures taken to answer all their security related queries, said Gowher Rizvi, senior adviser on foreign affairs to Prime Minister Sheikh Hasina.