Textile Industry News

Taiwan based textile manufacturer Lealea Enterprise Company, one of the largest polyester filament yarn and polyester chip makers in Taiwan, has signed a deal to acquire PT Taroko's production facility in Indonesian city of Bandung. Taroko will be the first overseas production facility for … Read more about Taiwan Based Textile Manufacturer Lealea Enterprise Company,

Pakistan Invites Chinese Entrepreneurs To Invest In Textile, Garments Sector Pakistan Ambassador to China, Masood Khalid Tuesday invited the Chinese companies to take advantage of investment-friendly policies of present government and come forward to invest in textile and garments sectors in … Read more about Pakistan Invites Chinese Entrepreneurs To Invest In Textile, Garments Sector

Brazilian Cotton Prices Oscillate In First Week Of Feb In the first fortnight of February 2017, Brazilian cotton prices swung back and forth. In the first week of the month, cotton growers remained firm in asking prices, but purchasers did not relent. In the second week, sellers were more … Read more about Brazilian Cotton Prices Oscillate In First Week Of Feb

Greek Textile Sector Calls For Lower Energy Costs The Association of Greek Textile Industries (SEVK) has identified high energy costs, lack of strategic planning to support production and imports of textile products from countries with cheap labour as the reasons why the country's textile sector … Read more about Greek Textile Sector Calls For Lower Energy Costs

Dastgir Arrives In Brussels On Four-Day Official Visit   The Federal Minister for Commerce Engineer Khurram Dastgir Khan will arrive in Brussels today on a 4 day official visit. He will hold meetings with senior officials of European Commission and members of European Parliament and will … Read more about Dastgir Arrives In Brussels On Four-Day Official Visit

Bangladesh Could Earn $60 Billion In Exports By 2021 Bangladesh is expected to earn over $60 billion in exports by the year 2021, said the country’s commerce minister Tofail Ahmed. He said that the readymade garment industry is the prime sector of the country, accounting for 82 per cent of the … Read more about Bangladesh Could Earn $60 Billion In Exports By 2021

Weaving Sector's Plea To Government The weaving sector, particularly parties which supply goods to exporters for being shipped abroad, are almost on the verge of collapse due to government policies, a leading business said on Friday. Addressing an extraordinary general meeting of the Pakistan … Read more about Weaving Sector’s Plea To Government

  Cotton Inches Higher, Marks Best Year Since 2013 ICE cotton futures edged higher on Friday, helped by robust weekly US export sales data amid a weaker dollar, and ended 2016 by marking their best year since 2013. "I think it (export sales data) caused some short covering. .. … Read more about Cotton Inches Higher, Marks Best Year Since 2013

Textiles ministry introduces dashboard for ISDS The ministry of textiles has introduced a dashboard for Integrated Skill Development Scheme (ISDS) hosted on the NIC cloud to bring more transparency into the system. Information related to the progress of ISDS along with state-wise details of all … Read more about Textiles Ministry Introduces Dashboard For ISDS

Dozens Of Bangladesh Factories Close As Workers Strike Dozens of garment factories in Bangladesh shut down Thursday as a workers'' strike escalated, in a move that could hit supplies to top Western retailers during the busy holiday season. The Bangladesh Garment Manufacturers and Exporters … Read more about Dozens Of Bangladesh Factories Close As Workers Strike

North China Cotton Mills Halt Output To Fight Smog Cotton mills in two Chinese provinces have suspended output as part of measures to curb smog that has blanketed the north of the country in the past few days, triggering official pollution alerts, according to an industry website. … Read more about North China Cotton Mills Halt Output To Fight Smog

The Worst Of Times Are Over   The European textiles industry may have finally been able to shrug off the sluggishness that had been holding it back since the end of the Multi-Fibre Agreement. Jozef De Coster spoke to industry leaders and experts during the recent ETP conference in … Read more about The Worst Of Times Are Over