YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

Bulk consumption of US textile exports seen in Mexico and Canada

Related Keywords: apparel, Canada, export, fabric, garment, Mexico, textile mill product, US department of commerce, US textile, yarn

In recent years, the US textile and clothing exports have been growing at a steady pace. A big leap in US textile exports was seen from January to April 2014, during this period they exported textile and apparel worth US$7.857B, growth rate of 2.64 percent year-on-year. Mexico and Canada were to two countries who consumed bulk of textile and apparel exports made by the US.

Made in Pakistan expo 2014 to be to held in India for the second time

Related Keywords: economic relation, garment, Made in Pakistan expo 2014, Pakistan clothing, Pakistani exhibitor, PRGMEA, value added sector

The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has decided to hold the 2nd edition of the Made In Pakistan Expo 2014 in India, subsequent to the success of the inaugural edition of MIPEM 2014 and also having received good number of response from the Pakistani exhibitors and almost 70 percent stall have already been booked.

PerformanceScrubs.com to start high tech manufacturing facility in Florence

Related Keywords: a state-of-the-art facility, garment, high tech facility, PerformanceScrubs, sleepwear

PerformanceScrubs.com a company based in Nashville, Tenn. designer and manufacturer of medical scrubs/uniforms and sleepwear, as well as sportswear to move its Cullman, Ala., manufacturing operations to high-tech manufacturing facility in Florence, Ala., for which the company has made an investment of $4 million.

MoTI proposes zero-rated duty on textile machinery and no rise in sales tax on textile sector

Related Keywords: fabric, garment, Pakistan textile industry, Sales tax, textile machinery, Textile Ministry, textile policy, yarn, zero-rated custom duty

As the textile policy (2009-14) formulated by the previous government will end on June 30, 2014. The Pakistan government is contemplating to impose 17 percent sales tax on import of textile machinery on expiry of the current facility ending in June, which is covered under the zero-rated custom duty and sales tax regime. Also the 2 percent sales tax on yarn, 3 percent of fabric and 5 percent on garments would be raised to 17 percent in next two year.

Shandong Ruvi group to invest in Pakistani garment and textile sectors

Related Keywords: garment, Pakistan, Shandong Ruvi Group, textile export, textile sectors

The Chinese Group, Shandong Ruvi Group is set to invest up to $2 billion in garments and textile sectors in Punjab for which the Chief Minister Muhammad Shahabz Sharif has assured the Group to provide it all possible incentives and protection of investment anywhere in the country.

The agreement was reached during meeting which the delegation of Shandong Ruyi Group of China held with Chief Minister Muhammad Shahbaz Sharif here on Wednesday. The delegation included Chairman of Group Yafu Qiu, Vice Chairman Ms Weiying Sun, Vice President Jerry Liu and other office-bearers.

In TPP negotiations Vietnam's garment gets top preference

Related Keywords: garment, Textile, TPP negotiations, Vietnam

Vietnamese government in the negotiating process of the Trans-Pacific Partnership (TPP), has given garment and textile utmost preference, as it saw an export revenue increase of 18.6 percent year-on-year. In 2013, Vietnam earned 17.98 billion U.S. dollars from selling garment products to overseas markets, according to Vietnam's Statistics Office (GSO).

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button