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Textile ministry formulating new approach to boost textile exports
The textile and the commerce ministries both are engaged in formulating new strategies to boost exports in the textile and clothing sector as it is the largest employment provider after agriculture,
Pakistan, China second phase of FTA outcome not satisfactory
The second phase of China-Pakistan Free Trade Agreement (CPFTA) negotiation round was recently held in Beijing between Pakistan and China but the outcome was not satisfactory to Pakistan especially
Pakistan ginneries witness 28.93pc drop in cotton arrival
Ginneries across Pakistan as of December 1st have received seed cotton (phutti) equivalent to over 86,31,933 bacles of cotton which shows a decrease of 28.93 percent compared to corresponding period
Nanshan to work on joint ventures with Australian wool industry
A delegation of Nanshan Corporation, Chinese wool textile firm are in Australia this week to work on joint ventures with Australian wool industry to bring new products to market. The Woolmark
NTC signs Mou for adopting integrity pact with TII
National Textile Corporation Limited (NTC Ltd) signs Memorandum of Understanding (MoU) with Transparency International India (TII) for adopting Integrity Pact (IP). The signing ceremony was attended
Malaysia’s participation in TPPA to lift export for textile industry
Malaysia’s participation in the Trans-Pacific Partnership Agreement (TPPA) would not only see rise in exports by 0.54 percent to 0.9 percent in 2027 mainly due to higher manufacturing exports
Polyester yarn price moves up in India, down in China
In Qianqing, offers for 32s polyester yarn was down US cents 3 a kg in the third week of November. In China, spun polyester yarn market saw sporadic trades and offers were corrected down to
PTA price falls amid thin trading in Asia
Asian PTA markers fell US$6 a ton CFR China and Southeast CFR in the third week of November. In China, a few cargoes changed hands at US$592-598 a ton, with discussions above US$600 a ton.
Maharashtra’s dying textile sector to see revival
A delegation of big textile industrialists met Chief Minister Devendra Fadnavis on Wednesday, sought subsidies in power tariff on high-intensity operating machinery in their powerlooms. In the state,
Vietnam establishes proactive role in setting up new global trade rules taking part in TPP
Vietnam, the Southeast Asian nation by taking part in the TPP has established a proactive role in joining other countries in setting up new global standards and rules, said Japanese Minister of State
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