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2015-04-02 16:15:00
Central Bank of Bangladesh to set up US$500 mn textile green fund
With an aim to bring benefit to the country's vertically integrated knitting mills that operate their own dyeing and finishing facilities, the Central Bank of Bangladesh will create a US$500 million
2015-03-31 10:00:00
Home textile producers from Faisalabad in crisis for the second time in seven years
Globally, depreciation of the euro and the crisis in the eurozone, as well as plummet in international cotton prices has adversely affected export of home textiles and finished fabrics put a majority
2015-03-24 11:00:00
SITA project to boost Indo African business and investment on selected sectors
The World Trade Organization and the United Nations mandated the International Trade Centre (ITC) to design and implement a five years projects called Supporting Indian Trade and Investment for
2015-03-07 11:00:00
Bangladeshi terry towel makers badly hit due to drop in cotton price
More than 16 big terry towel factories of Bangladesh have been closed in recent times due to drop in cotton prices across the global as they are gradually losing international competition. The
2015-03-03 13:00:00
Indonesia to make tax breaks applicable for labour intensive industries
Indonesian government is planning to apply existing tax allowances to labour-intensive industries that includes garment industry in an effort to reach its 2-million-a-year job-creation target.
2015-02-27 17:30:00
IJMA demands imposition duty on imports from Bangladesh
The Indian Jute Mills Association (IJMA) has raised the demand ahead of the Union Budget to impose duty on imports of jute goods from Bangladesh that has grown by 35 percent in the April-December
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
2015-02-26 13:00:00
Cotton prices showing signs of recovery over the last one month
In the last week of January cotton prices ruled at at Rs14,420 a bale (170 kg) – near a five-year low which is some 14 percent below the levels seen at beginning of the cotton season, which
2015-02-11 17:20:00
Karnataka govt to offer incentives for industries ready to move out of Bengaluru
K Ratnaprabha, additional chief secretary, government of Karnataka speaking at the road show for Technotex 2015, an annual conference on technical textiles organized by the ministry of textiles and
2014-12-13 10:00:00
Pakistan jute industry craving for government backing
The Pakistan jute industry is looking for government support in technical infrastructure for industry along with guidance and long term policy support for jute cultivation to substitute import of raw
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