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Pakistan govt working out plans to make exports truly zero rated
Commerce Minister Khurram Dastagir after his separate meetings with the All Pakistan Textile Mills Association (Aptma and carpet exporters on Monday said that the government after two years of
Vietnamese fashion brands scaled down their operation finding difficult to compete with foreign brands
In Vietnam, presently about 200 foreign fashion brands exist holding major 60 percent of the domestic market share. The bestsellers are mid-tier ones such as Giordano and Bossini and high-end ones
Sluggish trend continues in polyester as markets seek direction
Ethylene market was assessed flat as sluggish trading continued but prices were up in the week ended 12 June 2015 and the diverge trend continued between NE and SE Asia. European spot prices fell as
Textile company, Amrapur Overseas plans to move to Magnolia Point
Amrapur Overseas Inc., div. Colonial Home Textiles in California, based in Garden Grove, a textile manufacturing and distribution company plans to move to the largest 21dock building on 7.7 acres at
Bangladesh MOTJ seeks equal facilities for jute goods like other agro products
The Bangladesh ministry of textiles and jute (MoTJ) has urged the ministry of finance (MoF) to provide equal facilities for jute goods like other agro products as the country earns a significant
Spinning mills resort to capacity cut to overcome domestic glut
Indian spinning mills are looking to domestic demand from the garments sector for relief from oversupply situation caused due to decline in cotton yarn exports to China. China has been a major
Mohawk plan realignment of its Georgia yarn plant
Mohawk Industries Inc.. the Calhoun Ga – based flooring manufacturers plans realignment of its yarn operations in northwest Georgia in order to better leverage its investments in manufacturing
Short-staple spindles shipment falls in 2014, flat knitting machines up
The International Textile Machinery Shipment Statistics released by the International Textile Manufacturers Federation (ITMF), shows that shipments of textile machinery across segments declined in
Japanese firms in China looking to reposition their bases in PH
Many Japanese companies that have set up their bases in China are facing difficult to continue doing business due to declining economic growth, labor strikes and wage increase. They want to relocate
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
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