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Related Keywords: attract foreign investment, attract Thai entrepreneurs, Bangladesh, bilateral trade, cheap labour, cost competitive, duty and quote free market, exploit business potential, export woven, grab local and global market, incentive package, knitted products, MCCI, promising sectors for investment, strategic location, textile and garment sector

Bangladesh has numerous promising sectors for investment due to its cost competitiveness, strategic location and the incentive packages offered by the government. This has attracted Thai entrepreneurs to invest in the country and exploit its colossal business potential for which Thai entrepreneurs are in talks with some of the Bangladeshi businessmen.

Chokedee Kaewsang, deputy secretary general of Thailand Board of Investment said that as part of the efforts, they held a discussion with the leaders of the Metropolitan Chamber of Commerce and Industry (MCCI) in Dhaka.

Related Keywords: apparel and textile industry, Colombiatex, foreign traders, Inexmoda, international fair, Latin America, major center of business opportunities, organizer of Colombiatex, textile business

Colombiatex, a leading international fair for apparel and textile industry held in Medellin closes its doors with a high level of business for Latin America, estimated over 300 million dollars, stated the organizers of the exhibition. According to Inexmoda, organizer of Colombiatex, the fair is becoming a major center of business opportunities in the sector for Latin America.

Related Keywords: IKEA Foundation, IKEA Group, People & Planet Positive strategy, Peter Agnefjäll, President and CEO, Sustainability Report

The IKEA Group Sustainability Report for fiscal year (FY ) 2014, released today, shows its People & Planet Positive strategy is on track and delivering good results. Sustainability performance is announced today alongside strong financial results, which show an increase in total sales to EUR 28.7 billion, a 5.9% increase (adjusted for currency impact) from last year.

Sustainability highlights from FY14:

Related Keywords: China, demand for textile, designers, dye-sublimation, knitted and woven fabrics, launched own range of textile, printers, Soyang Europe, Soyang Technologies, UV and latex printing, wide and grant format printing

Soyang Europe as printers, designers and marketers has launched its own range of textile for wide and grand format printing responding to boom in demand for textile by adding new lines to its three core product ranges following parent company Soyang Technologies' investment in a new 66,000sqm production and storage facility in China.

The So-Tex range comprises 12 product lines, suitable for dye-sublimation, UV and latex printing, all of which are available in rolls of up to 3.2m wide.

Related Keywords: Bangladesh jute export, BISA, BJMA, BJMC, forced to cut production, hampered production and exports, jute mills, local trade of jute, peak season for jute harvest, Supply shortage of raw jute

Bangladesh exports and local trade of jute hit hard by 20-30 per cent in the last 26 days due to political turmoil. The jute sector suffered loss of an estimated Tk 5.1 billion, insiders said. The Bangladesh Jute Mills Corporation (BJMC), Jute Mills Association (BJMA), Jute Spinners Association (BJSA) officials said that nearly 249 jute mills in the country have been forced to cut production by 42,000 tonnes owing to the blockade enforced by the BNP-led alliance since January 5.

Related Keywords: domain of wears and textile, Iraqi businessmen, Iraqi markets import, Mohammad al-Sawwah, readymade clothes, restoring communication, Syria Mod Baghdad Exhibition, Syrian clothing industries, Syrian Exporters Federation, Syrian Exporters’ Association for clothes and textile, three day exhibition

Syria Mod Baghdad Exhibition for the ready-made clothes opened in Baghdad on Sunday. The 3-day exhibition aims at restoring communication with the Iraqi businessmen and industrialists in the domain of wears and textiles said the Head of the Syrian Exporters’ Federation Mohammad al-Sawwah.

Al-Sawwah added that the Iraqi markets import between 20 to 30 percent of the Syrian textile, wear products.

The exhibition is organized by the Syrian Exporters’ Association for clothes and textile, Damascus Chamber of Industry, in cooperation with the Syrian Exporters’ Federation.

Related Keywords: British carbon fiber textile manufacturer, John W. Matthews Jr. Industrial Park, Orangeburg County, Sigmatex

British-based carbon fiber textile manufacturer Sigmatex announced its plan to invest $12 million in a facility at the John W. Matthews Jr. Industrial Park.at the Orangeburg Countr facility over the next five years and will initially create 50 new jobs. It is one of the largest projects the company has undertaken in its 28-year history.

Ground will be broken on the new $6 million, 75,000-square-foot facility by the end of the year. Operations could begin in mid-2015.

Related Keywords: abaca with silk, China, development of fiber-craft industry, Japan, major markets for abaca, Philippine abaca exports, Philippines Abaca fiber, strongest natural fiber, textile made from natural fiber, UK

Philippines will remain as the world’s top source of abaca, the strongest-known natural fiber, according to TechSci global market research and consulting company as the global demand for Philippine abaca fiber is expected to grow 5.7 percent through 2019. The UK, Japan and China are the country’s major markets for abaca.

Increasing consumer preference for lifestyle projects will further boost demand for abaca-based products in the coming years.

Related Keywords: Amravati, Barshi Textile Mills, Devendra Fadnavis, Indu Mill, Make in Vidarbha, missing link in cotton chain, Nandgaonpeth textile zone, National Textile Corporation, Nitin Gadkari, Poddar Mill, push Vidarbha cotton economy, Sick textile units, Tata Textiles, Union textile minister Santosh Gangwar

The four sick textile units - three from Mumbai and one from Solapur are to be relocated to Nandgaonpeth textile zone in Amravati. The Nandgaonpeth textile zone has been allocated 40 hectares land and is located 17km from Amravati on National Highway 6. This move is likely to give the much-needed push to Vidarbha's cotton economy.

The four units which are to be relocated are Mumbai's Indu Mill, Poddar Mill and Tata Textiles and Barshi Textile Mills of Solapur.

Related Keywords: energy crisis, Kanati Co., moving out of Pakistan, Pakistan, unfriendly business environment, Walt Disney, Western companies, World Bank

It is the ease of conducting business more than just the increasing cost of doing business that is forcing many western companies to drive away from Pakistan. Many companies find problems with the speed in which tasks are accomplished in Pakistan. With an energy crisis leaving many without power for hours a day and oil and gas shortages as just the tip of the iceberg; it is corruption that many are finding a problem in Pakistan.