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  • RMG trade unions’ federations affiliated with global trade union Industriall have demanded Tk16,000 per month be fixed as minimum wage for the country’s RMG workers. Leaders of the federations made the demand during a meeting with Md Siddiqur Rahman, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), in Dhaka on Thursday. A total of 17 leaders from 16 federations participated in the meeting attended by BGMEA Vice President Mahmud Hassan Khan Babu, among others
  • Vietnam earns billions of dollars from garment and textile exports every year. But in the domestic market, local enterprises are facing fierce competition from foreign rivals. In late 2017 many foreign clothing companies made inroads into the Vietnamese market heating up the competition with local fashion brands and garment manufacturers. After Zara, H&M opened stores in Hanoi and Ho Chi Minh City last September. With Mango and Topshop, they are the favorite brands in Vietnam. Nguyen T
  • Karl Mayer, German developer of perfect solutions for warp knitting, technical textiles, and warp preparation for weaving, has announced the launch of its latest edition of the Lace.Express range, the OJ 83/1 B. The new range of lace raschel machine has a great level of productivity and is quickly becoming established on the market with a huge demand. The new machine is giving customers the opportunity to use the technology of this innovative machine series to produce fabrics for outwear and
  • Cotton USA will unveil innovations in apparel at the upcoming Premiere Vision. To drive sales growth, Cotton USA will feature new blended technologies in the US cotton apparel at the exhibition beginning February 13, 2018. The mission of this programme is to inspire the textile industry to think about new, innovative ways to use US cotton. "What's New In Cotton is our new platform to show Cotton USA's commitment to innovation," Cotton Council International (CCI) executive director Bruce Ather
  • India and Uzbekistan are interested in investing in the textile sector in Afghanistan and that the Afghan Ministry of Commerce and Industry is trying to implement programs with the two countries. Meanwhile, some economists say that Afghanistan has not been able to attract the necessary investment in the sector. In this episode of Bazar host Nargis Mosavi discusses the topic with Rahimullah Samandar chief operating officer at Afghanistan Chamber of Industries and Mines (ACIM). However, I
  • The wool market that used to make up 26 percent of New Zealand’s exports is now hoping to position itself as more sustainable than synthetic alternatives by capitalising on the growing worries regarding the shedding of microfibres into the world’s oceans. The wool sector of New Zealand is also seeking to increase its credibility regarding sustainability as it claims to receive an unfair ranking in LCA (Life Cycle Assessment) criteria. AgResearch and Scion have started studies on the biodegrad
  • Chinese companies are the major players in the world’s textile market and important customers in the cotton market are fast increasing their level of investment in Africa. They have been largely focused on large projects as textile production in China is today confronted with rising wages, higher energy bills and mounting logistical costs, as well as quotas on the import of cotton. The combination of these reasons is leading Chinese textile companies to invest overseas. One of them, Wuxi No.
  • Exporters from Chinese Taiwan and South Korea have sold the low melt polyester staple fiber (PSF) at 52 percent and at 0 to 16.48 percent less than fair value, respectively in the U.S., violating U.S. trade laws, that could lead to anti dumping duties the U.S. Department of Commerce said in a statement released Monday evening in the U.S. The petitioner in this case was Nan Ya Plastics Corporation, America, a wholly owned subsidiary of Nan Ya Plastics Corporation, Taiwan. Should the Commerce D
  • Le Tien Truong, general director of the Vietnam National Garment and Textile Group (Vinatex), is predicting a year-on-year increase of 10% in export value, to US$34bn, from 10.23% annual growth in 2017 when exports totalled US$31bn. Vu Duc Giang, chairman of the Vietnam Textile and Apparel Association (VITAS), points out that local enterprises have tapped new markets, including China, Russia and even rival exporter Cambodia, while maintaining traditional markets such as the US, the EU, Japan
  • The minimum wage board formed for the cotton textile sector has finalised its recommendations, setting Tk5,710 as gross monthly pay for the sector workers.Currently, the minimum wage for the textile sector workers is Tk3,302 set in 2011. The wage board published the proposal along with other recommendations in a gazette notification on January 24 seeking, if there is any, written objections against or suggestions on the recommendation in 14 days. Both the owners and workers representatives
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