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Search Results for: cheap power

Indonesian TPT industry faces pressure from both inside and outside the country
Indonesian textiles and textile products (TPT) industry in Indonesia is presently facing tough pressure from both inside and outside the country. The performance of the TPT industry over the first
Indian fashion designers make attempt to give Benares silk a new life
Benares silk sari, an age old rich, painstakingly hand woven traditional fabric of India, once the prized possession of every Indian woman and an essential item in a bride’s trousseau is
Japanese investors show growing interest in Myanmar but with caution
Businesses from Japan are showing interest in Myanmar’s untapped potential and a distinctive culture such as hand woven textiles but are investing cautiously as Myanmar has a range of
Karnataka urge the Centre to increase import duty on Chinese silk
After the reduction from 15 percent to 10 percent on Chinese raw silk, announced in the 2015-16 Budget, the Karnataka state having witnessed steep decline in prices in the raw silk and cocoon
Financial crunch disables Nigerian textile sector to show competitiveness
The Nigerian textile sector is facing a huge financial crunch as it is unable to prove its competitiveness. Although several factories have benefited from a $500m government intervention to revive
PYMA rejects budgetary increase in sales tax on yarn and cloth
Textile sector is considered back bone of Pakistan economy contributing more than 50 percent of foreign exchange for the country and providing 40 percent employment is already heavily burdened and
Amendment in loom act may wipe out handlooms and weavers in India
Handlooms and weavers in India are facing the threat of being completely wiped out if the Handloom Reservation Act of 1985 is amended to allow machines to copy the designs. Handloom Reservation Act,
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
Hong Kong finds Sri Lanka apt destination for textile production
Hong Kong firms are scouting the neighbourhood to shift their production lines. With the mainland encouraging wages to rise, Hong Kong companies with operations across the border are increasingly
Pakistan trade profile in the first year of GSP Plus in EU show improvement but not significant enough
Pakistan has shown improvement in its trade profile in the first year of the GSP Plus in the European Union. But definitely not significant enough both in terms of diversification of markets and
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