China's crude oil imports jumped 19.6 percent in July from a year earlier to a record high of 26.11 million tons, or 6.18 million barrels a day (bpd), government data showed Thursday. July imports also grew 17.8 percent from June's 22.17 million tons (5.60 million bpd), the General Administration of Customs said on its Website. The figure surpassed the previous record of 6.03 million bpd logged in May 2012. China, the world's second-biggest oil consumer after the US, imported 5.68 million bpd

Thies GmbH has introduced a new “iMaster” F series dyeing machine specifically for dyeing high pile fabrics such as terry toweling. The “iMaster” F series has been designed for dyeing heavy pile fabrics, such as terry toweling, and ensures economic and environmental operation with advanced automation at low liquor levels as low as 1:4 for cotton. The F series is the latest innovation for the highly successful “iMaster” range of dyeing machines. It features a large transport winch inside th

Based on the current scenario in international business climate the apparel sector has set itself a target of achieving US$ 5 billion in 2015 through garment exports. A further US$ 1 billion is targeted from the emerging new market in China around that time, together will make the apparel sector worth nearly US$7 billion before the end of 2020, Tuli Cooray Secretary-General of the JAAF said. President Mahinda Rajapaksa in his capacity as Finance Minister last week released a gazette notificat

Cambodia's garment industry makes up 80% of its exports and employs hundreds of thousands of people. Strikes and violent demonstrations at garment factories in Cambodia have quadrupled over the past year, and a recent report by the International Labour Organization (ILO) said that conditions at factories were worse now than they had been in recent years. Source: BBC