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  • It's a double whammy for the weaving sector in the country's biggest man-made fabric (MMF) industry. At the time when the weaving units have been facing a severe shortage of workers, the yarn manufacturers have increased the prices of polyester filament yarn and other yarn qualities by almost Rs 6 per kg in the last fortnight. Industry sources said that several weaving units, mostly smaller ones, are finding operations difficult. Around 70 per cent of the total 6,000 units have stopped operat
  • Garment makers yesterday sought policy support to immediately relocate their factories to purpose-made buildings to ensure workers' safety.“We are under pressure to relocate hazardous factories to safer places in bids to continue exports globally,” said Atiqul Islam, president of Bangladesh Garment Manufacturers and Expor-ters Association. In the last six months, global retailers cancelled orders worth around $110 million from 57 factories housed in shared buildings, he said at a pre-budget d
  • The Government of Swaziland, through the Cotton Board, has raised the price of cotton to be paid to the farmers by seven percent for 2013-14 season. The increase in cotton price, which will benefit about 3,000 farmers, was announced by Minister of Agriculture Moses Vilakati at a press conference in Mbabane, reports Times of Swaziland. Despite the current trading difficulties, the Government has decided to increase the cotton price for this season by over seven percent from the current E5.4
  • Textile and clothing exports from Spain amounted to ?1.07 billion in February 2014, registering a rise of 10.4 percent, compared to the same month last year, as per the data released by the Spanish Ministry of Economy and Competitiveness. According to the Ministry’s monthly data on February 2014, the exports from the garment sub-sector totaled ?782.8 million, indicating an increase of 11.5 percent, compared to the same month in 2013. The textile and clothing exports from Spain accounted f
  • The latest U.S. Department of Agriculture (USDA) cotton projections for 2013/14 indicate that global 2013/14 cotton consumption is estimated at 109.5 million bales, 3 percent (3 million bales) above the preceding year. Although rising for a second consecutive season, world consumption remains below production. China continues as the leading cotton spinner, but mill use there is expected to decrease for the fourth consecutive season as policies have forced textile mills to import more cotton
  • ITMA ASIA+CITME 2014 will take place in Shanghai next June 16-20. It will be another opportunity to connect with the French Textile Machinery manufacturers. The French offer is very large as France is the 6th textile machinery exporter worldwide with an annual turnover of more than 1 billion Euros (USD 1.3 billion). For the long fibre spinning industry: new techniques to improve dramatically the quality standards, the operating and maintenance costs and on line quality controls. The innovati
  • Chinese tourists spend more in Manchester’s stores than any other nationality, accounting for 50 percent of international spend in the city, according to the Heart of Manchester Business Improvement District, which represents over 380 city centre retailers. The figures compiled by tax-free shopping company Global Blue show that visitors from China spent 29 percent more on tax-free shopping in Manchester stores during 2013 compared to the previous year, with an average transaction spend of 677
  • The Government of Kenya is committed to revive the textile industry in Kenya, Industrialization Cabinet Secretary Adan Mohammed has said, reports Kenya News Agency. Making a tour of Rivatex East Africa Limited, located in Eldoret town of Uasin Gishu County, Mr. Mohammed said the Government shall channel funds to the sector to build new textile factories and also expand the existing ones. The Kenyan textile industry collapsed in the 1980s, mainly due to the increasing import of second-hand
  • The value of textile exports from Indonesia is likely to touch US$ 13.3 billion, which would be an increase of 5 percent year-on-year, due to economic recovery in the US, the country’s biggest market, Ade Sudrajat Usman, chairman of the Indonesian Textile Association (API) said while addressing a press conference at his office in Jakarta. Meanwhile, Indonesia’s textile exports to the EU are also expected to gain momentum as the Southeast Asian nation and the EU are planning to restart negotia
  • The country has once again failed to fulfil the required conditions for reinstatement of GSP status to the US markets within the deadline of April 15, mainly due to bureaucratic tangles. The commerce ministry is now set to submit a report which does not contain any account of substantial progress with respect to the 16-point action plan provided by the US for regaining the generalised system of preferences. This is the second time that the government has failed to make an impression on the
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