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Search Results for: dollar

Vietnam local authorities rethinking to consider textile and garment projects
Vietnam's Da Nang City’s Investment Promotion Center though saw a sharp decline of 45 percent in foreign direct investment (FDI) capital in the first three months of the year still turned
Indonesian textile sector likely to receive investment of Rp 3 trillion this year
Indonesian textile and garment industry regardless of rising challenges by way of new electricity prices and increase in labor costs expects to receive investment of around Rp 3 trillion (US$230.15
Awassa Textile to undertake 168mn Birr expansion project at its plant
Awassa Textile S.C. plans to undertake a 168 million Birr expansion project at its plant through a loan agreement with the Development Bank of Ethiopia (DBE) that concluded on April 17, 2015. Out of
Bahrain textile factories likely to hit hard if US fails to extend the TPL deal
Bahraini products have been getting huge business in the US since the US-Bahrain free trade agreement (FTA) tariff preference level (TPL) was signed. If the tariff agreement with the US is not
Myanmar next best destination for international textile sector
Low wages, plentiful labour and an image problem in neighbouring Bangladesh have all boosted Myanmar’s chances. The international textile sector has discovered Myanmar as next best destination
Invista introduces its latest new PTA technology P8 for polyester market
Invista Performance Technologies (IPT) the PTA industry’s most prolific licensor, introduces an upgraded technology platform for the production of PTA, a basic raw material for polyester that
Tirupur knitwear exports surpass Rs 20k cr mark in 2014-15
Tirupur, the largest hub for knitwear exports in India for the first time ever in 2014-15 crossed Rs 20,000 crore but the growth in rupee terms has fallen sharply due to the swift depreciation of
IFDC to collaborate with ITF at this year’s textile fair to take place in Dubai
The Islamic Fashion and Design Council (IFDC) announced its collaborative partnership with the 2015 International Textile Fair (ITF). The partnership was formed through IFDC and ITF’s mutual
Home textile producers from Faisalabad in crisis for the second time in seven years
Globally, depreciation of the euro and the crisis in the eurozone, as well as plummet in international cotton prices has adversely affected export of home textiles and finished fabrics put a majority
Pressure on Chinese export as euro sinks against yuan
The price advantages of Chinese exports to the European market have been mitigated by the euro deflation. The weak euro will also spur eurozone exports to other markets, adding competitive pressure
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