The textile industry, being predominantly export-oriented, is endeavouring to use biomass-based energy for continuous operations. Some 67pc of processing mills have already started utilising biomass for heat energy for boilers, said All-Pakistan Textile Mills Association (Aptma) International Trade Committee chairman Amir Fayyaz at a workshop organised in collaboration with GIZ on use of biomass for power generation under the auspices of Sustainable Production Centre (SPC) at a local hotel o

Textile traders in the country's biggest man-made fabric (MMF) sector in the city have set their eyes on Nepal. For the first time, the traders have decided to penetrate deep into the neighbouring SAARC country as a large number of textile factories in Nepal have either closed down or are on the verge of closure due to labour unrest, high taxes, unclear government policies etc. Office-bearers of the Federation of Surat Textile Traders Association (FOSTTA) are planning to visit Nepal to explor

Apparel industry has grown by 9.15 points in April-June quarter of the current year as per Apparel Index prepared by the Clothing Manufacturers Association of India (CMAI). The index was launched in last year with 13-14 as a base year and index value at 100 which means June quarter has grown by 9.15%. Interestingly, Mid Brands has emerged as a winners. Branded apparel sale in the industry is estimated at Rs.2 lakh crore out of which one third is of unstich and rest is stitched apparels. Sinc

Bangladesh may lose its competitiveness to African nations for exporting garments to the US in the face of discriminatory duty benefits. With a zero-duty benefit under the African Growth and Opportunity Act (AGOA), the export of garment items originating in different African nations has been on the rise to the US. Garment exports to the US from nine leading African countries increased 9.66 percent year-on-year to $926.8 million in 2013, according to data from the US Department of Commerce.

Cambodia's $5.5 billion garment industry is nearing a crossroads amid uncertain prospects for outsourcing, an industry source says, citing participants at a recent trade show in Phnom Penh. "Many industry suppliers believe that while Cambodia remains a growing market for their textile and garment products, there are challenges ahead," according to the latest weekly report by British-based newsletter just-style.com. In an editorial, the report released Tuesday said that such challenges rang

Thai trade and investment promotion agencies are actively implementing an array of programmes to connect businesses and support them in seeking business investment opportunities in Vietnam. Thai businesses seek franchise partners in Vietnam Thai businesses keen on investing in Vietnam More Thai businesses eye Vietnam market These activities are seen as preparations for future opportunities after the establishment of an ASEAN Economic Community (AEC) in 2015, Thai Consul General Ma

Four "fast fashion" brands were named in China's top 5 worst in terms of safety among imported garments, quality supervision officials said. Forever 21, Zara, H&M and Mango were the most frequently found to fail quality and safety tests in recent trials, the General Administration of Quality Supervision, Inspection and Quarantine said in an online statement. A total of 12,305 cases of imported apparel, worth 47.67 million US dollars, were found to have failed quality tests in the first

More than 2000 handloom factories have become inoperative in Brahmanbaria district leading to unemployment of thousands of weavers. Dearth of running capital, high price of raw materials like yarn, dyes, and chemicals, extortion and a lack of incentives to the handloom workers have contributed to the situation. Imperiled, the weavers of Bancharampur upazila of the district are opting for other jobs leaving their age-old profession. Once there were 3,162 handlooms in 32 villages under Ba

The National Board of Revenue has not extended the reduced income tax rate facility for the readymade garment exporting industry in a bid to check tax evasion through shifting profit from other industries to export earnings, officials concerned said. Taking the advantage of reduced tax rate, the RMG exporters used to show their income from other businesses as income of export earnings to evade taxes as income from other businesses are supposed to tax at regular rate which is now 35 per cent,

Viet Nam has gained a trade surplus of US$1.7 billion for the first eight months of 2014, figures from the General Statistics Office (GSO) show. The figures also showed that the nation incurred a trade deficit, worth $100 million, only in January, and began earning a surplus in February, at $244 million. The surplus reached $1 billion in the first quarter, $683 million in the first four months, $1.6 billion in the first five months and $1.3 billion in the first half. After seven months, t