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2017-02-27 16:00:00
Lealea Taiwan textile firm plans investment in Indonesia
Lealea Enterprise Co., Taipei based one of the largest polyester filament yarn and polyester chip makers in Taiwan, will be setting up its first overseas factory in Indonesia later this
2017-02-20 11:00:00
Bangladesh jute industry gains support from export of jute stick to China
Most jute farmers in Bangladesh had no idea of the true value of the versatile natural vegetable fibre. In the past, the jute sticks were only used for cleaning purpose, reports Xinhua. They
2017-02-06 14:00:00
Mexico mulls to slap mirror textile tariffs to counter Trump
U.S. President Trump likely to imposes a 20 percent or other duty on Mexican imports if so, Mexico mulls to slap “mirror†tariffs against U.S. fabric and apparel imports which would
2016-12-17 12:00:00
Ghanian govt called on to revive crippling local textile industries
The growth of Ghanian local textile industry due to smuggled goods into the country, unstable exchange rates, influx of Chinese products and high utility is hindered. The in-coming Ghana government
2016-09-15 15:00:00
India’s cotton output likely to fall to 540kg in 2016
India's cotton yields have fallen from 566kg per hectare in 2014 to 504kg in 2016 which is already among the world’s lowest. Fall in yield is due to delayed rains and white fly problems in
2016-08-29 16:00:00
Pak govt on import of textile waste used as raw material collects 22pc tax
Pakistan’s spinning mills importing fabric waste are forced to pay 17% sales tax and 5% withholding tax at the import stage, which they cannot recover due to overall zero-rating status of the
2016-04-30 16:00:00
Sri Lanka’s apparel export sector likely to face challenge of TPP
Sri Lankan textile exports are expected to experience a downfall because of the U.S. led Trans Pacific Partnership (TPP) trade pact. Competition from TPP signatories such as Vietnam could deal a blow
2016-04-18 13:00:00
Cotton price shoots up with short supply of fine quality
The cautious trading attitude was maintained by buyers on the market, even though cotton arrival was larger and ginners had in ginneries some 0.8 million bales but sellers were not flexible to ease
2016-02-26 16:00:00
Pakistan govt to release Rs5mn refunds to exporters from March
Commerce Minister Khurram Dastgir Khan informing the National Assembly (NA) said that the refunds issue of exporters would be resolved very soon as the government would release Rs5 million refunds
2016-01-06 17:00:00
WestPoint Home to invest $9m for expansion of its spinning capacity in Bahrain
US manufacturer and marketer of home products WestPoint Home (WPH) decides to make investment of $9 million for its third spinning capacity expansion at its Bahrain manufacturing complex. The company
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