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2017-03-28 16:00:00
NYCEDC announces $51 mn aid package for NYC garment industry
The New York City Economic Development Corporation (NYCEDC) announced a 10 year, $51 million aid package to the city’s garment industry which includes “relocation, expansion and other
2016-03-08 15:30:00
Vietnam need to tighten regulations on Chinese FDI projects
Vietnam need to tighten regulations on FDI to prevent Chinese FDI projects coming with cheap labor, intensive use of natural resources and destruction of the environment, experts said. Texhong Group
2016-01-22 16:00:00
Werner International to help Egypt restructure its textile sector
Egypt’s once-thriving textile manufacturing sector has weakened over past decades with its outdated machinery from the 1950s used in state-owned companies. Egypt has signed deal with US-based
2015-11-20 12:00:00
Vietnam need to be cautious over licensing FDI textile, dyeing projects
As per the Foreign Investment Agency report, so far this year out of the $11 billion worth of foreign direct investment (FDI) poured into Vietnam; $3.5 billion went to textile and garment projects
2015-06-01 11:00:00
Textile industry insist on scraping hank yarn obligation
Texpreneurs Forum,, Secretary D Prabhu stressed the need for rationalizing the MMF (man made fibre) duty structure, total dispensation of hank yarn obligation rule, relaxation in Cabotage law,
2014-08-03 17:00:00
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 materials and equipment. According to
2014-02-06 14:30:00
Bangladeshi scientists give a ray of hope for jute industry
Diversified uses of jute can help give a new life of the jute sector. The scientists have given us a ray of hope having already unraveled the genome for 'Tosha' jute, they have now sequenced the DNA
2014-02-03 11:00:00
Stakeholders propose change in tactics to raise Nigerian textile industry performance
To up lift the Nigerian textile industry out of the woe will involve change of tactics by operators and government. Constant placing of blame at the doorsteps of government by operators without
2014-01-29 16:45:00
China to focus on cocoon silk industry
Cocoon silk industry is a traditional specialty industry of China. Since recent years, along with rising production cost and sluggish market growth at home and abroad, prosperity of cocoon silk
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
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