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2017-01-03 12:00:00
Fiji expects to see more new players in garment industry
The Textile, Clothing and Footwear Council of Fiji having received some interest, hopes to see some new players in the garment industry this year, said TCF president Kaushik Kumar. Presently, there
2017-01-02 12:00:00
Vietnamese textile sector workers need retraining to compete with robots
With the technology movement in Vietnam, millions of workers in the textile sector to get affected, according to a survey by the Chamber of Commerce and Industry of Vienam on labour market
2016-12-06 13:10:00
Supply crunch soars cotton prices
The supply crunch in the textile industry had driven up prices higher than international prices and since the traders are unable to meet obligations, buyers could look to other markets. Cotton prices
2016-12-02 04:47:48
PTA price dips on weak futures in Asia
Asian PTA prices were down US$9 a ton CFR China and CFR Southeast Asia in the third week of November. In China, offers for nearby-month goods values were slightly down from last week. Purified
2016-11-28 18:00:00
LOC strife freezes India-Pak trade
Cotton importers and customs clearing agents claim a huge trade halt between India and Pakistan. The Department of Plant Protection (DPP) has stopped the import of agriculture commodities from India
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
2016-08-21 11:00:00
Berhampur’s moniker of Silk City at risk with decline in skilled weavers
Silk city Berhampur famous for its silk saris in Orissa sees a discernible chill in the air as it has lost much of its sheen over the years. It was here in Berhampur that the handloom industry in the
2016-08-05 11:00:00
India’s handloom export plunge to Rs1,500cr, 30% decline in FY2015-16
The handloom export of India was worth Rs2,240 crore a year ago which has come down to Rs1,500 crore in the fiscal 2015-16, states the annual report of the textile ministry. This is just 65% of the
2016-07-05 14:00:00
Turkish textile trade with Russia to speed up as relation normalizes
Turkey is really good producer, and Russia a very good consumer, the two countries have been partners for nearly 25 years. To resolve the current problem between the two countries steps are taken
2016-05-23 11:00:00
Pakistan textile exports plunge by 7.72pc in first 10 month of current FY
As Pakistan’s local textile industry fails to invest in its modernization, lack of product diversity and diversification to explore new exports avenue, bringing it’s share in the
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