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Vietnam textile exports rise lower than targeted growth of 10pc this year

Vietname Garment and textile industry exports in the first five months of this year rose 6.1 percent to US$8.6 billion,…

8 years ago

Indo Rama due to fall in polyester prices recorded lower profits

Indo Rama Synthetics (India) Ltd, polyester manufacturer due to fall in polyester prices and a drop in international demand has…

9 years ago

Textile worth N300bn imported annually without paying taxes into Nigeria

Textile and garments worth N300 billion being annually imported into Nigeria without paying duties or taxes. This was revealed by…

10 years ago

Noida textile machinery business witnessing downward trend with low order booking

The textile machine manufacturing players who earlier witnessed order booking in double digit on a daily basis, in last few…

10 years ago

Textile exporters deferred of timely DBK release facing tight cash flow situation

Textile exporters being deferred from timely release of duty drawback amounts. The Drawback claims which in fact should be released…

10 years ago

Textile industry buckled up to face the brunt of GST

The Goods and Services Tax seems all set for its July 1 rollout, with finance minister Arun Jaitley confident of…

7 years ago

Afghanistan govt ready to offer more incentives to Pakistan investors in SEZ

Afghanistan government is ready to offer additional incentives and facilitation to Pakistani businessmen especially investors, which is reflected by the…

9 years ago

Vietnam fails to reach its FDI targets over policy shortcomings

Investors continue to pour money into labor-intensive manufacturing (particularly garment and footwear and automobile factories) which mostly rely on imported…

10 years ago

BTMA urges removal of VAT to boost textile recycling

The BTMA recently asked the National Board of Revenue to remove the value-added tax (VAT) on buying textile waste for…

9 months ago

Allbirds faces challenges in Q2 due to economic uncertainty

Allbirds, a San Francisco-based retailer, had to face a tough time in the Q2 of the year due to the…

9 months ago