hina as the world's biggest textile manufacturer, especially in low- and medium-end products is also becoming a new market for high-end fashion, but it lacks name brands of its own. However brands like Exception de Mixmind, Jefen, Farina.Z. Mention few people would recognize are creations of the country's top fashion designers. In fact, factories in China churn out clothes for many international brands, including major top-end lines. But none of China's top 10 designers have made it to the st

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) standing committee on industrial promotion and facilitation chairman Abdul Shakoor Khatri, members of All Pakistan Textiles Processing Mills Association and Pakistan Dyes Manufacturers Association have asked the government to fix a uniform rate of 5 percent import duty on all kinds of dyes. In a letter to Finance Minister Ishaq Dar, The FPPCI stated that the government has levied 3% import duty on one section of dyes whereas

Many cotton farmers in Katsina State in North West zone of Nigeria have been discouraged from cultivating cotton over the years and the reason for a major setback is identified lack of improved seeds and low price of the produce resulting in the decline of cotton production in the state. The yield of the cotton crop has grossly reduced compared to what was obtained in the past 25 years when quality seeds could be obtained from cotton boards and other agricultural companies. They are now left

Uzbekistan announces construction of a new technical textile training and research park in the territory of Tashkent textile institute. The total project amounts is to the tune of US$15 million. The project is implemented by Ozbekyengilsanoat JSC jointly with the Ministry of Commerce, Industry and Energy of the Republic of Korea. The completion of the techno park construction is scheduled for 2018. The facility, set to open in the country’s capital in 2018, is expected to raise the profile of

With the signing of the Trans Pacific Partnership trade agreement between 12 Pacific Rim countries which China is not a part, the textile industry of China is undergoing palpable change as many countries apart of the agreement threat a power shift in the world’s textile industry. The Woolmark Company key account manager for Hong Kong, Daniel Chan said that despite the slowdown in Trans-Pacific Partnership by the United States presidential and congressional elections, the impact has already be

Cotton imports by Pakistan are expected to remain near record-high levels in the year to July 2017, as erratic weather forces farmers in the world’s fourth-biggest producer to trim area under the crop, industry officials said. A supply crunch in Pakistan, at a time when back-to-back droughts have taken a toll on output at top producer India, could boost global cotton prices from their current near 11-month highs. The two countries have already taken turns this year to buy from each other to f

More than 75 percent of the garment factories have paid Eid festival bonus to their workers, while 20 percent have also given the salaries for the month of June, said the industrial police yesterday. “This year the payment system is better for the workers -- we do not see any possibility of untoward incident. Every factory owner is paying the workers ahead of Eid,” said Abdus Salam, director general of the industrial police department. The industrial police targeted 150 factories that they

Polytex Far Eastern Vietnam Company, a subsidiary of Taiwan based Far Eastern Group, will set up its second textile dyeing and chemical fibre factory in Vietnam, media reports said. The company will invest $760 million in new project, which will come up in Bau Bang industrial zone in the southern province of Binh Duong. While the first phase production is expected to begin next year, the factory will become fully operational in 2020. During a meeting with Tran Thanh Liem, deputy chairman

The area under cotton sowing for 2016-17 crop year has decreased in north Indian states, especially Haryana, Punjab and Uttar Pradesh, where cotton sowing is almost completed, according to media reports. In Haryana, cotton are has declined 14 per cent to 5 lakh hectares in 2016-17 crop year compared to 5.8 lakh hectares last year, as per the latest data. Similarly, in the neighbouring Punjab, area planted to cotton is lower by 43.11 per cent at 2.56 lakh hectares this year, as against 4.5

China's yuan tumbled to 5-1/2 year low versus the dollar on Monday as the central bank tolerated the Chinese currency's weakening after the Brexit by setting a sharply weaker midpoint and refraining from intervening in trading, traders said. The People's Bank of China (PBOC) weakened the official midpoint the most since August 2015 when China shocked the global markets by allowing the yuan to weaken almost 2 percent overnight. State-owned banks, who often intervene in trading on behalf of