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2015-06-08 11:15:00
Bangladesh garment makers resent budget proposal to hike tax at source
The Bangladesh Finance Minister AMA Muhith presented the national budget before parliament on 4 June for the fiscal year 2015-16. Its size - in terms of aggregate government expenditure - reflects
2015-04-30 15:10:00
Awassa Textile to undertake 168mn Birr expansion project at its plant
Awassa Textile S.C. plans to undertake a 168 million Birr expansion project at its plant through a loan agreement with the Development Bank of Ethiopia (DBE) that concluded on April 17, 2015. Out of
2015-04-13 16:00:00
Bangladesh jute spinners forced to cut production due to turmoil
The political turmoil in Bangladesh has hit jute export trade and income of the country's 96 private jute spinners. Overall export earnings and activities of the factories have been hampered because
2015-04-03 15:00:00
Indian textile industry displeased by the new foreign trade policy
Textile industry is the second largest employment provider in the country and whose contribution to the country’s growth has been well recognized. But in terms of strengthening the
2015-03-31 10:00:00
Home textile producers from Faisalabad in crisis for the second time in seven years
Globally, depreciation of the euro and the crisis in the eurozone, as well as plummet in international cotton prices has adversely affected export of home textiles and finished fabrics put a majority
2015-03-16 12:15:00
Global demand lures Bangladeshi home textile manufacturers to make invest
Bangladeshi home textile entrepreneurs despite challenges like European Union’s GSP facility to Pakistan and current political turmoil are lured to make more investment in the sector due to
2015-03-07 11:00:00
Bangladeshi terry towel makers badly hit due to drop in cotton price
More than 16 big terry towel factories of Bangladesh have been closed in recent times due to drop in cotton prices across the global as they are gradually losing international competition. The
2015-03-06 16:00:00
Indonesia plans to allocate Rp 100bn to revitalize old machines includes textiles
Indonesian Industry Ministry Saleh Husin has put the revitalization program on top incentive strategies for achieving the industry wide growth target of 300 percent by 2019 for which the Ministry
2015-02-11 16:30:00
Mixed reactions flowing in from Pakistan textile industry on its new policy
Mixed reactions coming in from the Pakistan textile industry on the announcement of its new textile policy 2014-19, according to Pakistan Apparel Forum’s Chairman Muhammad Jawed Bilwani, under
2015-02-10 13:00:00
Egypt cotton cultivation to dwindle further with the end of subsidy to growers
Egyptian cotton, the so-called “white gold†a byword for luxury that is prominent the world over and also the former core of Egypt’s economy and the source of many a
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