The Pakistan Textile Exporters Association has aggrieved over the authorities’ imprudent decision of gas suspension for industries in winter terming it as a unilateral action. The association opined that the government should shelve its gas outage plan to bring the country’s economy out of sluggishness, as this suspension would lead innumerable people to lose their jobs and would also affect the industrial growth. PTEA Chairman Sohail Pasha and PTEA Vice Chairman Rizwan Riaz Saigal said th

The Lao garment industry needs more than 10,000 tailors each year to supply local factories, but there remains a lack of skilled workers in the country. Meanwhile, new garment factories are also on the drawing boards to exploit growing exports to European Union (EU) nations but investors are still concerned about the short supply of local tailors. Vice President of Association of the Lao Garment Industry, Dr Xaybandith Rasphone explained that at present, there were 98 garment factories in

China imported 70,000 tonnes of cotton in August, the lowest monthly level since at least 2005 and down 65.8 percent from the same month a year earlier, trade website Cncotton.com said, citing customs data. Overseas purchases of the fibre have plunged this year after Beijing issued fewer import quotas to boost demand for the domestic crop. The gap between international and domestic prices has also narrowed since Beijing overhauled a stockpiling policy last year that paid farmers prices well

During a Vietnam-Republic of Korea (RoK) scientific seminar on garment technology held in Ho Chi Minh City on September 9, co-hosted by the Ministry of Science and Technology’s National Office in the Southern Region and representative office of the Korea Institute of Industrial Technology, concern was raised that once the looming Trans-Pacific Partnership (TPP) comes into force, regulations on the origin of goods will present big challenges to Vietnam’s textile and garment sector. Moon Byung-

The Bangladesh Denim Expo celebrates the country’s role in shaping the denim scene today. The third edition of Bangladesh Denim Expo to take place n the capital Dhaka aims at attracting global buyers through showcasing jeans wear and latest accessories. More than 40 exhibitors from 10 countries – Bangladesh, Japan, USA, Germany, Spain, China, Pakistan, Thailand, Turkey and Belgium – have already registered to participate in the expo to showcase their denim pants, fabrics and latest accessories.

All Pakistan Textile Mills Association Chairman S M Tanveer has thanked Prime Minister Nawaz Sharif for holding a detailed meeting with textile industry associations to finalise a relief package in context of the high cost of doing business and relating issues. He hoped that the approval of a timely relief package by the Prime Minister would lead to resurgence of the presently impaired textile industry and reaping the socio-economic benefits for the country through a strong textile industry.

An Indian government directive has created uncertainty among the Bangladeshi businesses over export of raw jute and jute products to India as the neighbouring country imposed a number of conditions on import of the items from Bangladesh. Since the issuance of the notice by the office of the jute commissioner under the textile ministry of India Thursday noon, a good number of trucks laden with raw jute have remained stuck at land ports. According to the notice of the Indian authority, imp

Finance Minister AMA Muhith said the government planned to set up a mainly readymade garment warehouse in Russia in a bid to increase trade with the Commonwealth of Independent States countries. “Bangladesh has no warehouse in the world. But we are now thinking of such a one to bring about pace in our exports,” he said at a seminar yesterday. Muhith urged the entrepreneurs to find a suitable place in the CIS countries to build a warehouse, mostly for apparel goods. “This is a good id

Pakistan cotton market with surging demand by mills and spinners on Wednesday witnessed prices of fine quality moving up. The official spot rate was also up by Rs 50 to Rs 4,600, dealers said. Seed cotton prices in Sindh were at Rs 2400 and Rs 2450 and in Punjab rates were at Rs 2300 and Rs 2450. In the ready business, around 20,000 bales of cotton changed hands between Rs 4650 and Rs 4750. According to market viewers, mills and spinners indulged in fresh buying of cotton to cover their

The country’s textile sector has earned foreign currency of $128,203.71 million in the six fiscal years since 2009-10. Textile and Jute Minister Md Emaz Uddin Pramanik placed the statistics in Parliament yesterday in reply to a question. According to the statistics, the textile sector earned foreign currency of $26,509.77m in FY2014-15, $25,508.77m in FY2013-14, $22,556.73m in FY2012-13, $21,496.57m in FY2011-12, $19,002.78m in FY2010-11 and $13,129.09m in FY2009-10. Emaz Uddin said