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Sri Lanka-China to launch negotiation on the FTA

Related Keywords: bilateral trade, China, chinese market, coir fiber, cotton, Free trade agreement, FTA, Garments, President Xi Jinping, Sri Lanka, Textile, trade and economy

Sri Lanka and China both anticipate that Chinese President Xi Jinping's visit to the island tomorrow, a first by a Chinese head of state in 28 years, will expand cooperation and ties in trade and economy between the two countries.

According to the government of Sri Lanka, both countries in recent years have developed increasingly closer economic and trade relations and a proposed free trade agreement (FTA) between the two countries will boost Sri Lanka's future development.

Indonesia need to increase focus on its TPT industry

Related Keywords: fibers and yarns, Garments, Indonesia textile association, Indonesian TPT industry, manufacturing sector, rupiah fluctuations, TPT exports

The textile and textile products (TPT) industry is one of the important manufacturing sectors in Indonesia, with gross domestic product (GDP) valued at Rp 172.4 billion (US$14.4 billion) in 2013. Currently, the TPT industry continues to encounter many challenges and uncertainties, based on that the Indonesian Textile Association (API) has estimated that Indonesian TPT exports will reach $12.9 billion in 2014 which is lower than the previous projection, which was $13.3 billion.
 

Li and Fung keen to explore opportunities in Kenyan local textile sector

Related Keywords: AGOA market, Export processing zone, Garments, Kenyan local textile sector, Li Fung, shop, textile product

Li and Fung, Hong Kong headquartered industrial firm specializing in supply chain management of high-volume, time-sensitive goods for leading retailers and brands worldwide through an extensive global network and is now seeking to explore opportunities in Kenyan local textile sector.

The firm has just concluded a fact-finding mission to Kenya hosted by Ministry of Industrialisation and Enterprise Development Cabinet Secretary Adan Mohamed.

Weekend Max Mara to include garments made with NewLife polyester yarn

Related Keywords: Garments, Itailian luxury women wear, Newlife polyester yarns, PET, POY, recycled plastic bottles, textured, Weekend Max Mara

Weekend Max Mara, Italian luxury women's wear brand, in its new year’s spring/summer collection has planned to include garments made with Newlife polyester yarns from recycled plastic bottles.

Newlife yarn is made from recycled polyester derived from post-consumer PET waste such as plastic bottles sourced and converted in Italy. The platform includes POY, flat, textured, microfibre and hollow section yarns for a range of applications including fashion and sportswear.

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