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EU trade agreement to eliminate tariff lines for Vietnam
After almost three years and 14 official rounds of talks and many mid-term negotiations between ministers, heads of delegations and technical groups, Vietnam and the EU have reached an agreement on
Crude oil prices fall for fifth week, becomes the highest monthly drop since 2008
In the last week of July, crude oil markets continued to wriggle as US crude posted its highest monthly drop since the 2008 financial crisis, this time after a string of losses in July triggered by
Textile mills to meet and discuss on mitigating crisis faced by industry
Southern India Mills' Association (SIMA), apex body of spinners in this region, has convened a meeting of its member mills here on August eight to discuss various problems faced by spinning sector
Heimtextil 2016 to expand the window and upholstery segments
Heimtextil, today has an excellent standing as the leading global trade fair for home and contract textiles trade show is expanding the window and upholstery segments due to increased demand for
Turkish ready-to-wear textile delegation to attend MAGIC trade Fair
Chamber of Commerce of Kahramanmaras, Turkey, to lead a 16-member delegation of textile and ready-to-wear clothing executives to attend the MAGIC trade fair a three day event to be held in Las
GHCL to invest Rs 100 crore to expand its textile capacity
GHCL Ltd, one of the leading manufacturer of home textile, plans to expand its textile business capacity over the next 2-3 years with an investment Rs 100 crores. Of the total Rs 2400 crores top
Thailand buys cotton from India
After the declined cotton imports from China this June, India is all set to scale up its cotton exports to Thailand. One of the biggest mills in Thailand has shown interest in purchasing cotton from
Zimbabwe clothing and textile industry targets 100pc growth by 2020
Government last week announced several austerity measures meant to resuscitate the economy which include new levies and taxes on imported groceries, fertilizer and a ban on the importation of
CCI offloads half of its cotton stock under MSP
The Cotton Corporation of India (CCI) which procured 8.6 million bales (1 bale = 170 kgs) of cotton since October 2014, has started offloading the stock in both domestic and international markets
Cheap cotton and automation is pushing textile industry in US South
In China, manufacturing wages adjusted for productivity have almost tripled over the last decade, to an estimated $12.47 an hour last year from $4.35 an hour in 2004. China’s surging labor
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