Vietnamese Textile Sector Witnesses Spate Of Mergers There has been a rash of mergers and acquisitions in Vietnam's textile and garment industry as the sector jockeys to take advantage of free trade agreements, particularly the Trans Pacific Partnership (TPP), experts said. According … Read more about Vietnamese Textile Sector Witnesses Spate Of Mergers
‘US Procurement Law Hits Indian Textile Exports’
'US Procurement Law Hits Indian Textile Exports' American legislation for federal procurement, which stipulates sourcing of raw materials from the designated countries or domestic suppliers, is hitting India's textile exports, the Federation of Indian Chambers of Commerce and Industry (Ficci) has … Read more about ‘US Procurement Law Hits Indian Textile Exports’
Vietnam’s Economy Grows Fastest in 5 Years At 6.68%
Vietnam's Economy Grows Fastest in 5 Years At 6.68% Vietnam's economy grew 6.68 per cent, the fastest in five years, helped by an expanding industrial sector and record foreign direct investment. The growth figure beat the government's target of 6.2 per cent growth, according to new … Read more about Vietnam’s Economy Grows Fastest in 5 Years At 6.68%
Work Begins on Algerian-Turkish Textiles Project
Work Begins on Algerian-Turkish Textiles Project Work has started on an Algerian-Turkish joint venture for an integrated textile complex in Algeria's Sidi El Khettab industrial park near the city of Relizane, the Algeria Press Service has reported. The project is the first of its kind and the … Read more about Work Begins on Algerian-Turkish Textiles Project
APTMA Hails Pak Govt Decision To Cut Power Tariff
APTMA hails Pak Govt decision to cut power tariff The crisis-ridden textile industry of Pakistan, which had earlier been slapped with Rs 3.63 per unit surcharges, has welcomed the December 28 announcement by Prime Minister Nawaz Sharif about reduction in the total electricity tariff by … Read more about APTMA Hails Pak Govt Decision To Cut Power Tariff
CHINA 2015 COTTON OUTPUT SEEN AT 5.6 MILLION TONES
CHINA 2015 COTTON OUTPUT SEEN AT 5.6 MILLION TONES China, the world's top cotton consumer, will produce 5.6 million tonnes of the fibre in 2015, down 9.3 percent from the previous year, said the National Bureau of Statistics on Friday, blaming the decline on a drop in planted acreage for this … Read more about CHINA 2015 COTTON OUTPUT SEEN AT 5.6 MILLION TONES
Oeko-Tex to again take part in Heimtextil 2016
Oeko-Tex to again take part in Heimtextil 2016 The Oeko-Tex Association will once again take part in Heimtextil 2016 in hall 8, stand D96, where Oeko-Tex experts will provide expert consulting regarding the certification options for the more than 65,000 expected specialist visitors. “Held over … Read more about Oeko-Tex to again take part in Heimtextil 2016
Sri Lanka’s GDP slows down to 4.8% in Q3
Sri Lanka's GDP slows down to 4.8% in Q3 Sri Lanka recorded an economic growth of 4.8 per cent in the third quarter of 2015 compared to a downwardly-revised 6 per cent growth in April-June as services including trade slowed overall expansion, according to the data released by the … Read more about Sri Lanka’s GDP slows down to 4.8% in Q3
Crealet Shows Portfolio Of Innovative Solutions At ITMA:
Switzerland based Crealet showcased a broad portfolio of innovative solutions such as warp thread feeding; narrow and wide weaving machines and warp knitting machines. “Items of particular interest to visitors were the innovative CS2 Selvedge Thread Let-off and the conversions from mechanical to … Read more about Crealet Shows Portfolio Of Innovative Solutions At ITMA:
APTMA warns of unemployment threat if gas supply is cut
The Punjab chapter of the All Pakistan Textile Mills Association (Aptma) has now warned that there would be massive unemployment if the Sui Northern Gas Pipelines Limited (SNGPL) discontinued gas supply to textile mills in Punjab, Pakistani newspapers have … Read more about APTMA warns of unemployment threat if gas supply is cut
Mills, Spinners Make Cautious Buying On Cotton Market
Mills, Spinners Make Cautious Buying On Cotton Market: Selective buying by mills and spinners again witnessed on the cotton market on Saturday in the process of trading, dealers said. The official spot rate retained overnight levels at Rs 5,350, dealers said. In Sindh, seed cotton prices were at … Read more about Mills, Spinners Make Cautious Buying On Cotton Market
Import of MMF yarns, fabrics hurting local industry: APTMA
The All Pakistan Textile Mills Association (APTMA) acting Chairman Shahid Mazhar has said that the surge in import of man-made fibres (MMF) yarns including polyester, viscos and acrylic and fabrics in the domestic commerce was badly hurting the local textile industry. He said the competitors of … Read more about Import of MMF yarns, fabrics hurting local industry: APTMA