Petition for antidumping (AD) on fine denier polyester staple fiber (fine denier PSF) from China, India, Korea, Taiwan, and Vietnam has been filed by DAK Americas LLC; Nan Ya Plastics Corporation, America; and Auriga Polymers Inc. They have also filed countervailing duty (CVD) petitions on fine denier PSF from China and India. The U.S. AD law imposes special tariffs to counteract imports that are sold in the United States at less than “normal value.” The U.S. CVD law imposes special tariffs t

More than 30 international specialists from across the textile industry are set to gather in Chemnitz, Germany, for the premiere of the Sustainable Textile School. Taking place on 18-20 September 2017, Chemnitz University of Technology, together with Gherzi Textil Organisation, will collaborate with a host of regional, national and international partners to make the concept a reality. Across the three days, experts from all areas of the textile industry, including research and manufacturin

The Urumqi International Textile and Clothing Trade Center launched its first project, Xinjiang Tongchuang City, on May 19. The center is an important project to push forward the development of Xinjiang’s textile and clothing industry, expected to create millions of jobs for local people. “With a 2.5 billion yuan ($360 million) investment, Xinjiang Tongchuang City is expected to be put into operation in 2020,” said Chen Gang, an official from the economic development zone. Ma Zaiwen, pr

Finance Minister AMA Muhith came up with the proposal while presenting the budget for FY2017-18 in the parliament on Thursday. Green RMG factory owners are going to enjoy 1% cut in corporate tax from the next fiscal year 2017-18. For the next fiscal year, the government has proposed to reduce the corporate tax to 15% from 20% for the apparel sector. It also proposed 14% corporate tax for green RMG factories. Finance Minister AMA Muhith made the proposal while presenting the budget for F

The textile industry has urged the government to continue with the Rebate of State Levies (ROSL) scheme under the Goods and Services Tax (GST) for the benefit of made-up exports. The ROSL scheme was introduced in March 2017 initially for three years. But, the industry fears that the scheme will be withdrawn prematurely, with GST subsuming all other taxes and benefits. Under ROSL, exporters of made ups get incentives of 3.9 per cent of the value of exported goods. The ROSL benefit not on

The leather industry, the second largest export segment of Bangladesh, will be receiving incentives from the government, as proposed in the . “I propose reduced rate of duties as capital machineries, on busbar trunking system and electrical panel imported by the industries of this sector, Minister Muhith said. Tax benefit is given on the raw materials needed for leather processing from the very beginning, Muhith said in his budget, the biggest ever amounting to Tk 4,00,266 crore. “Our c

PrimaLoft, a leader in providing comfort solutions with high-performance insulation, fabrics and yarns, says it has developed an enhanced collection of Performance Fabrics and Yarn technologies, resulting in more year-round product applications and elevated consumer comfort. Available to brand partners immediately, designers now have clearer choices and increased resources to create unique, high-performing garments with the perfect balance of comfort and performance, according to the manufacture

The Cotton Textiles Export Promotion Council (Texprocil) has urged the government to continue with the Rebate of State Levies (ROSL) scheme for three years as committed even under the GST regime as there are still many state taxes/levies which are not subsumed under the GST. The ROSL scheme was announced in December 2016 for the made ups sector for 3 years. The ROSL rates were announced and were made effective from March 23, 2017. The objective of the scheme is to provide rebate of state levi

The agriculture department of Pakistan's Punjab province has launched cotton crop monitoring system to safeguard cotton crop from pests. About 6 million acres of land will be under cotton cultivation in Punjab with the production target of 10 million cotton bales for 2017-18. Pakistan government has set a target of producing 14.04 million bales of cotton. The newly introduced system will help cotton growers identify the presence of cotton pests through information technology, said a spokesper

The textile industry fears that the Rebate of State Levies (ROSL) scheme will be withdrawn prematurely, with Goods and Service Tax (GST) subsuming all other taxes and benefits and hence urged the government to continue with the ROSL scheme post GST for the benefit of made up exports. ROSL scheme was introduced in March 2017 initially for three years. Under ROSL, exporters of made ups get incentives of 3.9 percent of the value of exported goods. The ROSL benefit not only ensured Indian made