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Ministry of Water and Power delaying a decision of uninterrupted power supply to the textile industry during Eid holidays, keeping the industry undecided whether to continuity mills' operations or not. Sources said the Central Power Purchasing Agency has informed the ministry that demand for power supply would be reduced by some 30 percent during the Eid holidays therefore uninterrupted power supply can be resumed to the textile industry in Punjab. But the ministry is delaying the decision witho
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The textile plant belonging to Nam Dinh Textile and Garment Corporation (Natexco) will be soon relocated to Hoa Xa Industrial Park in Nghia Hung district in Nam Dinh province, Vietnamese media reported.
The present site of Natexco will make way for 24.8 hectare urban area project that will include trade hubs, apartments, schools, parks, sports centres and green spaces.
Natexco's textile plant was once the biggest of its kind when the country was still a French colony.
Employment numbers
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Friday's terror attack in Dhaka has a cast a shadow over Bangladesh's garment sector. Some leaders of Bangladesh's $26 billion garment industry expect Western fashion retailers to review their ties with the world's second-largest garment exporter after 20 people including 18 foreigners were killed in the attack on a Dhaka restaurant, Reuters has reported.
The attack marks a major escalation in a campaign by militants over the past 18 months that had targeted mostly individuals advocating a se
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Prime Minister Nguyen Xuan Phuc has requested Thua Thien-Hue province to only license textile supporting industrial infrastructure developers which are committed to establishing a standard concentrated wastewater treatment system together with a monitoring mechanism.
He made the request while assigning authorities of central Thua Thien-Hue province to complete and approve a project on developing a supporting industrial cluster for the garment and textile sector at the Phong Dien industrial zo
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Apparel industry body AEPC is expecting around Rs 5,000 crore fresh investments into the sector during the current fiscal which may create as many as two million jobs.
Describing the Rs 6,000-crore textile booster package announced by the government late last month as a "game-changer," Apparel Export Promotion Council (AEPC) chairman Ashok G Rajani that based on the initial feedback he has received, around Rs 5,000 crore may flow into the industry in fresh capex this fiscal year itself.
Th
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The new National Textile Policy will soon be placed before the Cabinet seeking approval, the policy contains a package to boost job creation and promotion of made-ups for the home textile sector, on the lines of the one which was extended to the apparel industry. Textile Secretary Rashmi Verma at a Texprcial event in Mumbai, said that the draft textile policy will be soon placed before the Cabinet and the home textile sector can also look forward to a package similar to what is extended to the a
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Turkey is really good producer, and Russia a very good consumer, the two countries have been partners for nearly 25 years. To resolve the current problem between the two countries steps are taken towards the normalization of relation which are quite healthier and positive, while commerce will be along international norms, said Laleli Industrialists and Businessmen Association (LASİAD) President Gıyasettin Eyyüpkoca.
The normalization of relations between Turkey and Russia has raised
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The International Labour Organization's Better Factories Cambodia's (ILO-BFC) 33rd Synthesis Report released on Friday, notes that for the second year in a row, the number of confirmed cases of child labour (typically workers between 12 and 15 years old) has dropped from 65 in 2013 to 28 in 2014 and 16 in 2015.
The report presents an overview of the status of compliance with the labour law in the factories where the programme operates. The findings are based on ILO-BFC factory assessment repo
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In 2016/17, world cotton acreage is expected to contract 1 per cent to 31 million hectares, however, average yield is projected to expand 5 per cent to 735 kg/ha, leading global output to grow 5 per cent to 23 million tons.
According to ICAC, global cotton consumption is forecast to remain at 23.6 million tons in 2016/17 as low prices for competing fibres make cotton less attractive.
“So, while mill use may remain stagnant, world cotton trade volume may increase 1 per cent to 7.4 million t
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Enterprises in the textile and dyeing sector are struggling to find skilled laborers to carry out their expansion projects to cash in on opportunities from Vietnam’s stronger international integration, heard Vietnam Textile Summit 2016 in HCMC on June 29.
Speaking at the second summit co-held by the Vietnam Cotton and Spinning Association (VCOSA) and Shanghai-based conference organizer ECV International, Truong Van Cam, vice chairman of the Vietnam Textile and Apparel Association (VITAS), sa