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Ethiopia achieves 70pc of the textile export target
The Ethiopian Textile Industry Development Institute (EDITI) stated that the country’s textile exports for the first half of Ethiopian fiscal year 2015-16 are lagging behind the plan
Bangladesh’s legendary textile Muslin needs support for revival
Muslin, Bangladesh’s legendary fabric need government support as well as private initiative for revival of the marvellous material and to promote the legendary textile and protect the
PTA price falls on surplus inventory amid thin trade
Asian PTA markers inched down US$6 a ton CFR China and CFR Southeast in the third week of January. In China, several parcels of bonded goods on one-day trip were traded at US$536-538 a ton
Acrylonitrile prices plunge amid dull demand
Asian acrylonitrile marker, the CFR Far East Asia declined US$85 a ton in the third week of January. In China, offers for offshore cargoes fell US$150 a ton CFR China from previous week. In East
Pakistan at Heimtextil fair this year witnessed drop in orders
Pakistan, the 4th largest exhibitor at the Heimtextil Fair Germany, a mega event for all textile millers and exporters of the world, where this year Pakistan (TDAP) umbrella at the Pakistan pavilion
India ITME Society bags Exhibition Showcase award
India ITME Society was nominated and qualified for the award under “Royal Show Category”. The award was constituted by Exhibition Showcase, supported by Government of India Ministry of
MEG price gains as crude oil price rebounds
Asian MEG markers gained US$18 CFR China and CFR South East Asia in the third week of January. In China, MEG values inched down in first half on weak crude oil price, and negotiations fell to
Bangladesh imported textile machinery worth Tk71.19bn in last fiscal year
Bangladesh textile millers have imported machinery worth TK71.19 billion in the fiscal year of 2014-15, a short up by over 40 percent compared to Tk50.63 billion in the last fiscal year of 2013-14
Bangladeshi govt to reduce tax for garment manufacturers
In order to help exporters upgrade factories and boost investments, government of Bangladesh is set to revive the option of reduced corporate tax rate for the garment sector. From fiscal year
Special focus given to technical textiles under amended TUFS
Minister of State for Textiles (Independent Charge), Santosh Kumar Gangwar speaking at the curtain raiser event of Technotex 2016, held in New Delhi on Friday, said that a special focus has been
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