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Related Keywords: issue multiple cotton tenders, Karachi Cotton Association, lower participation in first tender, procured from domestic market, sale of remaining quantity of cotton bales, to support farmers, Trading Corporation of Pakistan

Trading Corporation of Pakistan (TCP) to issue multiple cotton tenders for the sale of the remaining quality of 88,600 cotton bales procured from domestic market, due to the lower participation in the first tender although the state-run grain trader has successfully sold some 6,800 cotton bales.

Related Keywords: Chennai, first National Handloom Day, honour Swadeshi Andolan, in Chennai, increase in income of weavers. textile sector, launched by Prime Minister, Narendra Modi, people associated with handloom, promote handloom products, Santosh Gangwar, Union Textile Minister

The first National Handloom Day will be launched by the Prime Minister, Narendra Modi in Chennai on August 7. This day has been chosen to honour the Swadeshi Andolan, which was launched in 1905 and Chennai has been choosen as PM wanted that the event be organized at a place which has more people associated with Indian Handloom, said Union Textiles Minister Santosh Gangwar.

Related Keywords: global investment firm, in Mangalore SEZ, invest in zero coupon, its overseas arm, JBF setting up a PTA plant, KKR, KKR to acquire twenty percent stake, Kohlberg Kravis &, Mumbai based polyester maker, signed definitive agreement, support the Make in India campaign, with JBF Group

Kohlberg Kravis & Roberts (KKR), one of the global investment firm in the world, has signed a definitive agreement to invest $150 million (Rs 962 crore) into JBF Group a Mumbai-based polyester maker and its overseas arm. A portion of the proceeds will be used by KKR to acquire 20 percent stake in JBF Industries and will also invest in zero-coupon compulsorily convertible preference shares with 14.5 per cent voting rights in its Singapore-based wholly owned subsidiary JBF Global Pte Ltd.

Related Keywords: FDI, FIA, first seven months, foreign investors pouring capital, investors investing in yarn productioninvestors investing in yarn production, over the Trans-Pacific Partnership, primarily to textile sector, Vietnam managed to attract, yarn forward rule in the TPP

Vietnam has managed to attract nearly $9 billion in foreign direct investment (FDI), primarily to the textiles sector in a number of multi-million dollar projects in the first seven months of this year, announced the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Related Keywords: attracted national and international buyers, began in Medellin, dedicated to fashion, Procolombia, promoting textile sector . major buyers from Spain, Textile and clothing fair ColombiaModa 2015, textile industry and clothing, thirty six countries, to scout for new business

Textile and clothing fair ColombiaModa 2015, dedicated to fashion, textile industry and clothing which began in the city of Medellin, to scout for new business attracted 11,000 national and international buyers from 36 countries attending the event, said ProColombia, a government agency in charge of promoting Colombian non-mining and energy exports, international tourism and country brand promotion.

Related Keywords: cotton bales, decline in prices of seedcotton, due to fear of rain, global weakness in cotton and yarn prices, invited tender for the sale . old crop cotton, lint prices reported decline, Pakistan raw cotton prices, remain under pressure, Trading Corporation of Pakistan

Pakistan’s raw cotton prices due to fear of rain damage which may produce water-laden lint due to the continuing rainfall in several parts of the cotton belt remain under pressure. Moreover, global weakness in cotton and yarn prices is also pressuring the cotton prices.

Within a week or so, prices of seedcotton (Kapas/Phutti) have also reportedly declined by about Rs 200 per 40 Kilogrammes. The seedcotton prices in Sindh on Thursday ranged from Rs 1700 to Rs 2200 per 40 Kgs, while in the Punjab it ranged from Rs 1700 to Rs 2300 per kgs in a quiet market.

Related Keywords: attract investment from domestic and foreign firms, construct textile and garment-dyeing plant, first of its kind in Quang Nam, fourth province to develop fibre-weaving and dyeing industry, Panko Tam Thang and Duck San Vina, Tam Thang IZ, two companies with Korean investment

Panko Tam Thang and Duck San Vina, the two companies with Korean investment has began their garment projects in the provincial Tam Ky City's Tam Thang Industrial Zone (IZ) yesterday. The companies are the first to commence the construction of plants in the 193ha IZ with a total investment of US$80 million.

The textile and garment-dyeing plant, the first of its kind in Quang Nam, will employ 15,000 workers when it becomes operational.

Related Keywords: called Fervent carpet, carpet connected to radiator, design firm Studio Siem & Pabon, designed carpet, effectively kills dust mites, specially for asthmatics, will heat up

The folks at design firm Studio Siem & Pabon have put together a carpet called the Fervent Carpet which has been designed specifically for asthmatics in mind. The designers conducted research into the effect of textiles on the domestic environment and found that asthmatic people can sometimes struggle to live with upholstered home furnishings.

Related Keywords: Central Bank of Bangladesh, duty-free access to Western markets, export oriented ready made garment factories. stimulate economic growth, for manufacturing in general, Garments key foreign-exchange earner, second-largest apparel exporter, set up funding, Textile

Bangladesh's central bank will set up $500 million of funding for the country's manufacturers, the funds will be divided into two parts. One for manufacturing in general and the second at textiles, including export oriented ready made garment factories. This will be an effort to stimulate economic growth, the head of the bank said on Thursday.

Garments are a key foreign-exchange earner for Bangladesh. The country's low wages and duty-free access to Western markets have helped make it the world's second-largest apparel exporter after China.

Related Keywords: decline in purchasing power, decline in TPT exports, export market weak, facing tough pressure, from inside and outside the country, Indonesian Textile Association, Indonesian textiles and textile products industry, lower demand, performance of TPT relatively poor, rupiah depreciation, slowing economic growth

Indonesian textiles and textile products (TPT) industry in Indonesia is presently facing tough pressure from both inside and outside the country. The performance of the TPT industry over the first quarter of 2015 was relatively poor, suffering a contraction with negative growth of 0.98 percent year-on-year, making it a worse performer than the manufacturing industry, which saw growth of 3.87 percent, and Indonesia’s Gross Domestic Product (GDP), which saw growth of 4.71 percent.