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2016-10-04 18:12:00
Hyosung Corp to invest US$ 27 million to increase spandex capacity
Hyosung Corporation, a leading textile company in South Korea plans to invest US$27 million to expand spandex capacity by 5000 tons in Istanbul, Turkey amid increasing demand from European and Middle
2016-09-26 00:00:00
Pakistan - Textile Mill to shut down due to unfavorable market conditions
Due to unfavourable market conditions and continuous losses, another textile unit was shut down in Pakistan. Sajjad Textile Mills Limited, has announced its closure while 110 textiles mills have
2016-08-25 16:00:00
China’s share of EU clothing imports decline
Despite plunge in EU clothing imports from China in volume by 9.9 percent in the first three months of 2016 compared to corresponding period of last year, China remains by far the EU’s largest
2016-07-21 14:00:00
Bangladesh RMG makers see China, Japan as promising markets
Bangladesh has seen increased garment exports to 11 new destinations since 2009, including Japan and China, partly because of the government’s financial incentives for new markets. The
2016-07-09 14:15:00
India garment exporters to explore Iran market
Indian garment exporters are exploring opportunities in Iran, although the United States and the European Union are important markets for them, they are exploring new markets for textiles exports in
2016-07-04 13:00:00
Pak textile owners divert focus into fast growing retail markets
The textile manufacturers are expanding into retail markets as textile manufacturing and exports have become unviable owing to a steep rise in the cost of doing business mainly on account of sharp
2016-06-10 13:00:00
With focus on fine grade, trading remained moderate at cotton market
At the cotton trading session, buyer remained cautious in making any big deal as they only made deals according to their immediate need of lint on back of grade issue and in anticipation of decline
2016-06-09 17:00:00
Pak textile industry likely to lose markets despite zero-rated regime
The Pakistan textile industry likely to lose markets internationally despite government declaring zero rated tax regime, because of various taxes, levies, presumptive taxes, surcharges and cess,
2016-05-21 13:00:00
Focus on fine grade kept lint trading dull at cotton market
At cotton market buyers remained cautious in making any big deal as they only made deals according to their immediate need of lint on back of grade issue and in anticipation of decline in spot rate.
2016-05-12 11:00:00
A&E to increase its stake in Vardhman Yarns and Threads Ltd
American & Efird (A&E), the largest U.S. manufacturer and distributor of thread and technical textiles, to increase its stake in Vardhman Yarns and Threads Limited, India’s second-largest
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