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2014-12-11 17:57:00
Unstoppable drop in polyester chain pricing led by crude oil
The free fall in crude oil prices continued in the week of 5 December with both benchmarks hitting their recent lows. US crude oil closed at its lowest since July 2009 while Brent fell below US$70 a
2014-12-10 15:00:00
Removal of mandatory registration of cotton exports welcomed by SIMA
Southern India Mills Association (SIMA) welcomed the government’s decision of bringing cotton yarn exports, a manufactured goods under free list by removing the mandatory registration.
2014-12-09 10:00:00
Government strives to resuscitate ailing textile units including NTC
The Textile Ministry is working toward resuscitating sick mills including the National Textile Corporation (NTC). The government wants to bring to profit a total of eleven mills of NTC in next three
2014-12-08 11:00:00
Govt being urged to reconsider its decision on completely phase-out jute packaging
At present the labour-intensive jute industry has a total installed capacity of around 29,00 sacking looms, which produce around 20.5 lakh tonnes of jute sacks. The Government’s reported move
2014-11-19 17:00:00
Bangladesh apparel exports on declining trend as buyers lose confidence
Bangladeshi apparel products are losing orders over safety and compliance issues imposed after Rana Plaza tragedy and Tazreen Fashion fire incident. The declining trend is apprehended to be continued
2014-11-12 12:00:00
India need to focus on trade pact opening doors for textile exports
Advising Texpreneurs (a forum formed by Tamil Nadu based textile entrepreneurs) against seeking such sops from the Government, corporate economic advisor - Ritesh Kumar Singh said that a
2014-11-04 17:10:00
Tirupur exporters hoping to close the fiscal with export turnover of Rs21000cr
Tirupur knitwear exports in the first six month of the ongoing fiscal year 2014-14 has registered revenue of Rs. 10,050 crores, a growth of 16 percent as against Rs. 8,650 crores in the
2014-10-29 14:00:00
Textiles development unit designed by Tanzania govt to buoy up investors
The Textile Development Unit (TDU) has been set up within the ministry of Industry and Trade by the Tanzania government aimed to specially provide support to investors at every stage of investment
2014-10-27 13:00:00
Thai garment exports likely to see flat growth rate in 2015
Due to the uncertain economic outlook in some major markets , and in the European Union and the United States in particular, Thai garment exports likely to see relatively flat growth in a range of
2014-10-25 10:00:00
Botswana Textile and Clothing Association plans to eliminate competition from Asian companies
The textile and clothing companies have newly formed Botswana Textile and Clothing Association (BTCA) that will help in enhancing growth and sustainability of their trade in highly competitive
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