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2014-10-01 14:00:00
Chinese firm Shandong Ruyi withdraws from acquiring Masood Textile Mills in Pakistan
A group of investors led by a Chinese company Shandong Ruyi Science and Technology Group, who were to acquire Masood Textile Mills Faisalabad-based, vertically-integrated textile manufacturing
2014-09-18 14:00:00
Sutlej Textiles plans to expand its Damanganga home textiles operations
Sutlej Textiles and Industries Ltd (STIL) at its board of directors meeting held on September 17, 2014 has taken up the decision to expand the operations of one of the Company's Units viz:
2014-09-08 17:30:00
Vietnam textile and garment export for August touches US$2.2bn
The textiles and garment sector is one of the largest industries in Vietnam and a top foreign currency earner. Its textile and garment export turnover has touched US$2.2 billion in August, an
2014-09-01 00:00:00
Textile ministers of all states called to fine tune the draft textile policy in Sept end
A meeting of textile ministers of all states would be convened in September end to fine tune the draft textile policy, so that the Union government can soon come out with a national textile policy,
2014-08-25 00:00:00
Pakistan weaving and spinning sector experienced drop in exports by 2pc in July
Pakistan’s all high power consuming sectors weaving and spinning registered a drop in exports by 2.37 percent in July due to power supply and instability prevailing in Pakistan. But the share
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
2014-07-24 16:00:00
Pakistan textile export soars by 5.3pc during last fiscal year due to GSP plus
The GSP Plus status granted to Pakistan by the European Union (EU) has boost textile export, a rise of 5.3 percent reaching the figure to $13.74 billion during last fiscal year (July 2013 to June
2014-07-24 15:00:00
Import of spinning machinery soar despite power shortages in Pakistan
The surge in spinning machinery import witnessed in Pakistan. Although the All Pakistan Textile Mills Association claims that around 100 spinning mills in the country have closed down as the
2014-07-12 00:00:00
Polyester Fibers sold in management led buyout from its parent company
Polyester Fibers LLC, North American the largest and most flexible manufacturer and distributor of value-added, high-loft nonwoven materials has been sold in a management-led buyout from its parent
2014-07-09 17:00:00
Delay in new textile policy poses big challenge for Pakistan textile industry
The delay in reintroducing the textile policy poses a big challenge to the Pakistan textile sector to deal with the global buyers for the coming seasons. The entire textile sector is under stress
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