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2015-02-27 06:16:02
Rising labour costs in 2014 pushes global sourcing costs to increase
2014 saw more wage strikes, resulting hikes and general unrest among workers when rates were not sufficiently raised. But despite discontent among the workforce, wages are up worldwide and labour
2015-02-25 16:00:00
Kanoria to start denim fabric production at its Ethiopia plant soon
Kanoria African Textiles Plc, a subsidiary of India's Kanoria Chemicals & Industries in preparation to start denim fabric manufacturing in May 2015 at its plant in Bishoftu (Debre Zeit) in Oromia
2015-02-18 14:00:00
Chinese textile industry struggles over slow moving global market conditions
Slow moving global market conditions have hit China's labor-intensive industries, especially garment and textile production. As the textile industry struggles, cotton imports declined 44.9 percent
2015-02-02 15:00:00
Political turmoil in Bangladesh hampered jute export and production by Tk5.1 bn
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
2014-12-02 16:00:00
Pan Brothers focus to increase production by at least 20pc in 2015
PT Pan Brothers, publicly listed garment manufacturer is currently conducting production trials with the Vietnamese firm through a joint operation, which enables the company to manufacture some of
2014-12-01 17:30:00
Chinese Cos duped by North Korean textile manufacturers used as a production base
The North Korean manufacturers are known as toll processors and use specialized equipment to produce export bound apparel for the Chinese companies, which supply the raw material. These contracted
2014-11-06 11:00:00
FDI pouring capital into Vietnamese textile-garment industry growing quickly
The number of foreign-invested enterprises (FDI) pouring capital into the textile industry is growing quickly. This year, in the past 10 months local governments have given approval for almost 20 new
2014-11-03 17:00:00
Ethiopian govt to sell all its shares in companies jointly owned begins with Saygin Dima Textile Factory
The Ethiopian government sells all of its shares in the Saygin Dima Textile Factory S.C. to its Turkish private sector partner company Saygin. The Turkish company will pay 563 million Br over five
2014-11-03 14:00:00
Pakistan exporter disappointed with the delay in approval of the second five year textile policy 2014-19
Pakistan exporters disappointed with the decision of the Economic Coordination Committee to delay the approval of the second five-year Pakistan textile policy 2014-19 for another couple of weeks, as
2014-09-03 11:00:00
Bangladesh local entrepreneurs focus on investing heavily in denim production
Demand for denim fabric is high worldwide, as denim garments are comfortable and fashionable. To meet the growing global demand, local entrepreneurs of Bangladesh have started investing heavily in
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