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2014-01-19 15:20:00
Textile Ministry urges government to increase the duty drawback rate
The Indian textile industry will have a major impact due to the decision of the European Union to give zero duty status to Pakistan. In order to overcome this situation, a proposal has been put
2014-01-17 15:50:00
Cotton prices rose higher as buying interest revives from spinners
Cotton prices rose higher on Thursday as buying interest revives from leading spinners. The ginners who had been reluctant to dispose of their stocks readily obliged buyers at higher price calls.
2014-01-17 15:20:00
Wool prices expected to strengthen
The wool recorded six consecutive weekly gains from early November until the Christmas recess.“ In the first week of wool auctions this year, the Eastern Market Indicatore (EMI) has held its
2014-01-16 16:35:00
FIMAST to open its doors to the industry in september
Leading trade fair FIMAST (International Textile Machinery and Accessories Trade Show) will be opening its doors to the industry from 17-20 September in the city Brescia in Northern Italy, where it
2014-01-16 12:00:00
Bangladesh to be key exports market for Vietnam
The Ministry of Industry and Trade’s (MoIT) Africa, West Asia, and South Asia Market Department considers Bangladesh a market rich in potential, as Vietnam’s 2013 earnings from exports
2014-01-16 11:45:00
Trading activity slow on rising cotton prices
With ginners asking higher prices for quality lint amid firm demand from millers, trading activity on Wednesday cotton market failed to gain momentum. Brokers said that prices remained on the
2014-01-15 11:00:00
Bangladesh to see increase in knit exports over wovens
The Bangladesh Knitwear Manufacturers & Exporters Association (BKMEA) sees knit readymade garment exports likely to exceed wovens again this year in the next couple of months. Performance of knit
2014-01-14 15:10:00
Govt to provide various incentives to keep home, specialised textiles afloat
Bangladesh textile industry faces a stiff competition from Pakistan, China, India and some other cotton producing countries. As an encourage to this sectors and to keep the home textile and
2014-01-13 14:00:00
Lack of credit line creates obstacle for powerloom owners to modernize
In Faisalabad, approximately 250,000 power looms and 80,000 auto shuttle looms are working. Most of these powerloom needs upgradation to product quality products with the grant of the Generalised
2014-01-12 16:00:00
MoU inked to brings investment of $2b in Pakistan textile industry
The Punjab government has signed a memorandum of understanding with the Chinese group, Shandong Ruyi Group for investment of $2 billion in the Pakistani textile sector to establish a textile
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