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2014-04-19 16:00:00
Govt declares disbursement of its last installment of cash incentive for exporters
The Bangladesh government had announced cash incentives of Tk 25.92 billion to 19 export products for the current fiscal year to promote sales overseas and to encourage exporters to explore new
2014-04-19 15:00:00
New revised cotton target fixed at 15.19 million for the season 2014-15
Pakistan government decides to increase its cotton target by 2.86 million bales keeping in view of crop size. Now the revised cotton target is fixed at 15.19 million from the area of 3.128 million
2014-04-11 09:00:00
Indorama Ventures takeover Turkish firm SASA affluent with technology and competency
Indorama Ventures PLC through its subsidiary Indorama Netherlands B.V. (IBV) from Hacı Ömer Sabancı Holding A.Ş. (Sabancı Holding) has finally under the financial advice of Standard
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
2014-03-01 10:15:00
Pakistan sets cotton production target at 15.10 mn bales for next season
A meeting was held by Pakistan’s Federal Committee on Cotton (FCC) chaired by Rukhsana Shah, Secretary, Textile Industry Division on Thursday. The house willingly agreed to fix cotton
2014-02-04 12:45:00
Cameroon cotton exports plummet by 7.3% to China in 2013
Cameroon's economy is highly dependent on commodity exports. The bulk of Cameroon's cotton is exported to China and Europe, while about 10% is consumed locally, according to data from the state-run
2014-01-29 09:30:00
Turkey plans to invest in Iranian textile industry
Iran and Turkey's trade volume now is around $30 billion. To boost bilateral trade ties, Turkish investors and Iranian businessmen have agreed to join hands. They plan to start a joint textile unit
2014-01-20 15:15:00
Cotton ginned and baled applicable for service tax
Cotton will be soon applicable for 12.36% service tax on transport and storage, resulting in price rise. Prices of cotton that's ginned and baled likely to rise as their transport and storage have
2014-01-17 16:55:00
Union Textile Minister launches North East Region Textile Promotion Scheme
The North East Region Textile Promotion Scheme (NERTPS) was launched by Union Textiles Minister Dr K S Rao at New Delhi yesterday during a meeting of senior representatives from all the North Eastern
2014-01-14 11:50:00
Govt decides to help out struggling textile companies in Mahalla
The textile company in Mahalla, specialized in furnishings production, has ceased production due to its debts to banks. This hampered production has listed it down as one of the main faltering
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