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2015-08-17 15:45:00
China sneezes and textile world may catch cold soon
The People’s Bank of China (PBC) devalued the Renminbi (RMB/Yuan) on 11 August by 2015 by 1.9%, the largest one day devaluation since 1994. The ‘daily fix’ of the currency to the
2015-08-05 11:00:00
Shahbander to help Egyptian textile makers connect online
To help modernize the textile industry in Egypt, siblings Fatma, Mahmoud and Mohamed El Esnawy after graduating from AUC Venture Labs founded Egyptian startup Shahbander in 2013. They wanted to
2015-07-31 12:00:00
Central bank of Bangladesh to set up $500m fund for both general and textile manufacturing
Bangladesh's central bank will set up $500 million of funding for the country's manufacturers, the funds will be divided into two parts. One for manufacturing in general and the second at textiles,
2015-07-17 16:00:00
EU and US in process of negotiating TTIP may create opportunities for textile and clothing sector
The European Union and the United States, two of the biggest economies in the world are going far beyond what has been done previously in any agreement except the EU’s single market. They are
2015-07-05 11:00:00
Turkish textile hub hopes to regain losses from Russian crisis in coming season
The Laleli quarter of İstanbul known as Turkey’s textile hub with hundreds of shops sell clothing products at the retail and wholesale level mainly to Russian buyers. In the past year and
2015-06-25 12:00:00
Polish govt plan to invest €95m to bring innovation in Lodz’ textile industry
Lodz, once the biggest and fastest growing the centre of Poland's textile industry to revamp and modernize its under invested and troubled textile players, the Polish government as part of the
2015-05-06 13:00:00
Indonesia to open ITPC in Poland to expand its market share
Indonesias trade value against Poland shows a positive value in the last five years, with an increase of 9.3 percent each year. Indonesia will open Indonesian Trade Promotion Center (ITPC) in Poland
2015-03-06 15:00:00
Pakistan textile ministry to facilitate industry for enhancing capacity to boost export
The Pakistan government has put value addition in textile sector on top priority to double the exports in the sector for the economic revival of country for which there is a need to formulate a
2015-02-20 17:30:00
Israel, Egypt set target of $2bn duty-free textile exports to U.S. within 3 yrs
Israel and Egypt, the two countries marked 10years of the U.S. Qualifying Economic Zone framework with a joint booth at the Magic apparel trade fair, in Las Vegas, the world’s biggest event in
2015-02-20 11:00:00
Italian textile firms set eye on the Bangladesh textile industry
Bangladesh is the seventh largest importer of Italian textile machinery. Italy is home to the second-largest Bangladeshi community in Europe, which numbers nearly 128,000 people. Their remittances
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