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2014-10-22 10:00:00
Pakistan Textile City gets approval for an additional Rs 1bn credit line from NBP
Pakistan Textile City can avail another Rs 1.16 billion financing from National Bank of Pakistan (NBP) to meet its financial needs, as NBP has increased the credit line against sovereign guarantee.
2014-10-17 17:00:00
Pakistan Textile policy fails to get approval despite negative growth in textile exports
The new textile policy of Pakistan which carries measures to increase country’s textile exports to $26 billion by the year 2019 is yet to get approval. It’s being delayed despite the
2014-09-17 18:00:00
Chinese textile industry all set for social responsibility and sustainable development
The textile and apparel industry of China is determined to fight back the trend by becoming more efficient, innovative and environmentally friendly, although textiles and apparel industry growth in
2014-09-09 15:30:00
Chinese textile companies looking to manufacture in the US
Chinese companies are looking to manufacture in the U.S., lured by lower costs of energy, cotton and land, and wary of rising labor costs in China. The Carolinas once the epicenter of the U.S.
2014-09-09 14:45:00
Bangladesh exports albeit riding high but lower than strategic target set
Bangladesh’s export witnessed 2.07 percent growth riding on the moderate performance of the key knitwear, leather and leather products touching $ 5,142.24 million in the first two months
2014-09-03 16:00:00
Tirupur textile export to boost further with the signing of FTA with Europe
Tirupur, textile city of Tamil Nadu is toady poised for big growth as it looks set to exploit overseas orders that are getting diverted from Bangladesh and China, where the industry is increasingly
2014-08-21 16:00:00
Vietnam garment and textile sector to benefit from direct raw cotton trade with Africa
The rapidly growing textile and garment sector of Vietnam is excessively dependent on imported raw material for which it pays exceedingly high prices, as most of the raw materials for the sector
2014-08-19 10:15:00
Pakistan witness sharp drop in FDI may face a serious dent in textile exports
According to the State Bank report, there is 80 percent decline in the FDI, in July FDI dropped to just $24 million from $119m in the same month last year. With Pakistan facing sharp decline in
2014-08-13 15:30:00
Maharashtra's cotton farmers in trouble over erratic rains and surplus cotton in international market
Farmers in Maharashtra’s cotton belt forced to sow their fields a number of times due to erratic rains which has increased individual debts, as farmers who exhausted their institutional credit
2014-08-08 10:00:00
Rise in India’s textile and garment export in May accredited to apparel segment
India’s overall textile and garment exports witnessed 20 percent in May, of which export of textile products grew at a much slower pace than that of garments. While apparel shipments gained
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