Vietnam became official member last week, making it the 150th country to join WTO. Vietnam's clothing exports saw quantum jump in last 5 years, increasing by 21% per annum. In 2005, it was US$4.8 bln accounting for 1.7% of World's clothing exports.
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PFY prices inched up 2-5 cents in Malaysia/Indonesia in the week of 12 January, despite the fall in upstream raw material prices.
Prices in other markets continued to remain stable, rolling over previous week’s numbers
POY sentiments were low in China and sales was reportedly bearish in Shengze and Changshu markets.
Ministry of Textile Industry has clarified that it is performing its responsibilities under the rules of business with full objectivity and sincerity for the promotion and development of the textiles ...
Indian textile companies one of the worst hit by the global economic slowdown two years ago as export demand shrunk, leading to major job losses — have started hiring again after orders picked up from...
Federal Minister for Textile Industry Rana Muhammad Farooq Saeed Khan has expressed the resolve that all genuine problems of the textile sector would be solved on priority basis as government is serio...
Towel Manufacturers’ Association of Pakistan (TMA) has urged the government to incorporate the spirit of SRO 509(1)/2007 in VAT Law and exempt goods supplied to textile and textile made ups from the d...
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