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increase+tax+revenue
2014-08-03 17:00:00
Grasim Industries to focus on cost optimization to increase net profit
Grasim Industries Ltd, a flagship company of the Aditya Birla Group, started as a textile manufacturer in 1948. Today its core businesses are VSF and cement, contributing over 90% of its revenues and
2014-01-18 11:15:00
Tax at source for apparel and textile sector reduced to 0.30pc by Bangladesh govt
The Bangladesh government has reduced tax at source for the apparel and textile sector to 0.30 per cent from the existing 0.80 per cent. The directive came following the apparel makers demand to
2022-01-18 14:54:17
Asos plans to enhance the UK economy by GBP3.8 billion
UK online fashion retailer, Asos, has released its first economic impact report, underlining the magnitude of the company's contribution to the UK economy and society. According to Asos, the
2020-05-08 13:04:37
Lenzing’s performance impacted by the unpredictable market
In a historically difficult market environment with increased pressure on prices and volumes resulting from the COVID-19 crisis, the Lenzing Group reports that it has held its ground well in the
2020-05-06 09:49:01
World is paying a high price for cheap clothes
When shoppers entered H&M's flagship store in central London last summer, the first thing they would have seen was a dark blue, flowery minidress hanging front and center. On sale for just £4
2020-03-06 09:35:12
Envoy Textiles to raise capital of 87 crores
Envoy Textiles is set to raise Tk 87 crore by issuing non-convertible cumulative preference shares in order to bring sustainable finishing machine and build captive power. The preference share
2019-07-16 11:05:00
Garment and footwear firms wating for EVFTA benefits
Textile, garment and footwear products made in Vi?t Nam will not enjoy immediate tariff cuts after the EU-Vi?t Nam Free Trade Agreement (EVFTA) comes into effect, according to a report from B?o Vi?t
2018-02-15 10:00:00
Pakistan denim on an upward trend
Pakistan’s denim is on an upward trend, despite the larger textile industry being in trouble, as denim factory Artistic Denim Mills Ltd., in Karachi is operating as a one-stop shop turning
2018-01-04 10:00:00
VN garment industry eyes to achieve $34b export target
Le Tien Truong, general director of the Vietnam National Garment and Textile Group (Vinatex), speaking at a meeting on reporting Vinatex’s results of production and business in Ha Noi on
2017-12-28 11:00:00
Zim govt to impose 30pc duty on imported cotton fabrics starting Jan 1
Finance minister Patrick Chinamasa in his 2018 National Budget statement announced that the government to begin effect tax measures starting from January1 aimed at protecting local textile
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