Textile exports went down by 1.94 percent during five months (July-November) of the current financial year. The country exported textile goods worth of $5.1 billion during July-November period of the FY2017 as against $5.2 billion of the corresponding period of the last year. The country's overall exports are continuously declining from last couple of years due to internal as well as external issue. Overall exports recorded at $8.2 billion during July-November period of the FY2016-17 as ag

Annual growth in cotton output has slowed to 12.33 per cent as arrivals of phutti (seed cotton) dropped during the outgoing fortnight (Dec 1 to 15), dimming hopes of a better cotton harvest this year. The country harvested 10.147 million bales of cotton up to Dec 15, a year-on-year growth of over 12pc, according to figures released by the Pakistan Cotton Ginners Association on Monday. However, phutti arrivals during the outgoing fortnight fell 3pc to 389,490 bales. According to latest esti

China’s largest province Xinjiang in the north west witnessed robust growth in textiles and garments exports reaching 43 billion yuan (6.2 billion US dollars) during the first ten month of this year (Jan.-Oct. period), up 49 percent from the same period last year, according to the customs of Urumqi, capital of Xinjiang Uygur Autonomous Region. Boost in textile and garment exports was seen due to the Belt and Road Initiative, local customs authorities said. The two major markets for Xinji

Achieving $50 billion in garment exports by 2021 is possible if Bangladesh can create an adequate number of skilled manpower in design and provide all kinds of apparel solutions to retailers, a leading garment maker said yesterday. “We can go beyond this level,” said David Hasanat, chairman and CEO of Viyellatex Group, while presenting a keynote paper at a roundtable on '$50 billion export target and the role of CEBAI'. CEBAI or the Centre of Excellence for Bangladesh Apparel Industry was

The textile industry has expressed solidarity with the Centre’s goal to promote India as a cashless economy. Supporting the decision, representatives of the textile industry across the country are encouraging the workers to open bank accounts. As a result, salary payment will be done either through cheque or directly into their bank account. A majority of the workforce has already opened bank accounts, while others are in the process, said the representatives of the textile industry. “The

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Abdul Rauf Alam while speaking to Ambassador of Lebanon to Parkistan Mona El Tannir, urged Pakistan business community to explore the untapped trade potential of Lebanese market. Abdul Rauf also asked the government to take steps to promote greater economic cooperation which will bring masses of the two countries closer. Abdul Rauf Alam briefed the ambassador about the functions of trade bodies in Pakistan and invi

Egypt’s biggest manufactured exports are garments and textiles. The industry suffered badly since the central bank began pegging the pound against the dollar after Egypt’s uprising in 2011, pricing its products out of the international market. The problem became more acute as currency controls tightened over the past couple years, with exports of garments plummeting by 14.7 percent in the year to end of June and those of cotton textiles by 7.2 percent, according to central bank figures. The

Once known for producing carpets, the township of Cuihuangkou in North China's Tianjin municipality has found new economic life as an e-commerce base. Cuihuangkou is currently home to about 400 carpet companies, which provide jobs for 25,000 people. The town's carpets have been exported to more than 50 countries and regions, accounting for 40 percent of the country's export volume. "The carpet companies in our town once focused on processing products for export, so their income mainly ca

The value of carpet exports from Nepal has fallen by 6.8 per cent in the first three months fiscal year 2016-17 to Rs 2.07 billion, compared to exports of Rs 2.22 billion in the in the first quarter of last fiscal. In terms of quantity too, carpet exports have dropped by more than 20 per cent to 133,000 square metres in the first three months of 2016-17. Explaining the reason for decrease in carpet exports, Anup Bahadur Malla, chairman of Export Promotion Committee of Federation of Nepalese

Teijin Limited, a technology-driven world leader in aramid fibres, has announced the launch of Xfire Denim, a practical and fireproof denim-like aramid fibre fabric for firefighting uniforms. The new aramid fabric is expected to meet the growing demand for extra-manoeuvrable clothing for volunteer fire corps. Sales of Xfire Denim will begin this month. Japanese manufacturers will start selling uniforms for fire corps made with Xfire Denim in 2017. Made with Teijinconex meta-aramid fibre, X