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2014-04-06 17:00:00
BB to initiate its own refinance fund to the tune of Tk 2.0b for jute sector
Bangladeshi business people in the jute sector including exporters and jute mills will now get bank loans with a lower rate of interest under the new Bangladesh Bank (BB) scheme. The central bank is
2014-04-06 11:00:00
Zambians cotton and textile sectors has potential to be the major revenue earners
ZAMBIA has vast potential in cotton and textile industries which can be turn into sustainable forex earners as cotton production and textile development go hand in hand because the two sectors are
2014-04-03 16:40:00
Pakistan cotton market witnesses some activity after a quiet period
Some trading activity was seen on the cotton market, after a quiet period. The cotton trade improved to 3,000 bales (155 kilograms each) as some spinning mill-owners made buying in order to deliver
2014-04-03 15:25:00
AWI backing up Vietnam to develop wool products
Australian Wool Innovation (AWI) is familiarizing Vietnamese manufacturers to its wool products as many of the Vietnamese companies had not used wool until two year ago. A couple of knitters thought
2014-04-03 12:30:00
Ethiopian textile industries yet to gain global scale albeit development going on
Ethiopia as a land of immense resources, growth and investment opportunity. It grows some of the world's finest cotton and has a rich textile spinning and weaving history. Moreover, the government
2014-04-03 10:15:00
Ayke Textile plans 1bn Birr investment to expand its textile capacity
Ayka Textile, a vertically integrated textile manufacturer, covering spinning, knitting, dyeing and sewing originally from Turkey moved to Ethiopia to stay competitive on the global market with an
2014-04-02 10:15:00
Jaya Shree textile unit of ABN to bring in cheaper linen blends into market
Jaya Shree Textiles, Aditya Birla Nuvo's textile division, is India’s top linen brand manufacturing company with majority share in linen apparels. Linen is a woven fabric made from the fibers
2014-03-27 11:19:00
Yarn producers in Pakistan urge government to help avert crisis
Yarn spinners in Punjab region are headed for another crisis which can force them to stop production or to close down factories to avoid losses. A mix of domestic and regional factors has been
2014-03-24 12:59:00
China is importing lesser yarn from India, waiting for cotton policy
China is now buying lesser yarn from India, putting Indian export under pressure. Moreover, buyers in China are insisting on lower pricing citing that Indian rupee has strengthened against US$. Over
2014-03-21 15:20:00
Demand for yarn and cotton dwindling this year
The year 2014 has proven to be a downfall for the trade of cotton and other textiles. This trend has hit the international markets to a huge extent. The demand for yarn and cotton suddenly started
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