Centered at the very heart of China's textile & garment producing regions, Shanghai continues to be a major hub for buyers and sellers of fabrics from all over the world. Perhaps that's why the trade fair Intertextile Shanghai Apparel Fabrics, now in its 12th year, continues to grow in size and importance for the global textile industry. This year's show is scheduled for 25 ?28 October at the Shanghai New International Expo Centre. The show is open to trade professionals only, with day one

Asia-Pacific is the largest and most vibrant textile market in the world. Textile market in the Asia-Pacific is largely driven by the expansion of manufacturing markets in China and India. Its market was valued at US$83.4 billion in 2004 with synthetic fibres as the most profitable sector in the industry. The growth rate in market volume (10.5 million) was registered at 4.8% for 2004. The signing of a FTA between China and India has consolidated the regional cooperation and thus enhanced

The government is considering cutting export tax rebates in a bid to protect natural resources and help upgrade domestic industries. The reduction is aimed at controlling the export of products that consume a lot of resources and energy, and lead to high levels of pollution. The suggestion came from an official with the State Administration of Taxation, who was quoted by the Shanghai Morning Post. He declined to disclose details, but the average cut is estimated to be about 2 percentage po

Affected by the price hike of raw materials, Renminbi appreciation, EU's resuming of quota system over some exported products and the intensified competition, China's public textile and garment enterprises show an obvious trend of mixed business based on textile and garment business. According to statistics, earnings per share and return on net assets of 55 listed textile and garment enterprises were lower than those of all listed companies in the first quarter of this year. In such a backgrou

FAISALABAD: Textile exporters have demanded a special package, including the removal of the Export Development Fund levy and the deferment of loan repayments for next two or three years, to ensure sustained economic growth and achieving export targets. Addressing a press conference, Rana Arif Tauseef, Pakistan Textile Exporters Association (PTEA) chairman, Chaudhry Muhammad Sidique, Faisalabad Dry Port Trust (FDPT) chairman, and Mukhtar Ahmed Sheikh, Faisalabad Garment City (FGC) chairman, welc

Three textile parks will be set up under Scheme for Integrated Textile Parks (SITP) in Gujarat; one at Ahmedabad and second in Surat, informed Union Textile Minister Shankersinh Vaghela. By setting up such parks, state? textile industry will get impetus in terms of economic growth and adding news jobs. With up coming three new textile parks, total number of parks will go up to five. He also said that Rs100 crore will be invested to establish textile plaza at Jahangir Mill compound in Ahmedaba

Foreign and local investors, who shut down the garment factories in the Dhaka Export Processing Zone ( DEPZ) at Savar, 25 km west of Dhaka, following a fresh bout of workers violence on Saturday, have decided to reopen their factories on Thursday. The local and foreign owners of 92 textile factories in the DEPZ made the decision after having detailed talks about the security of their life and property in the park with the new chairman of the Bangladesh Export Processing Zones (BEPZ). The Ban

Affected by the price hike of raw materials, Renminbi appreciation, EU's resuming of quota system over some exported products and the intensified competition, China's public textile and garment enterprises show an obvious trend of mixed business based on textile and garment business. According to statistics, earnings per share and return on net assets of 55 listed textile and garment enterprises were lower than those of all listed companies in the first quarter of this year. In such a background

DHAKA (AFP) - Foreign investors shut down their factories near Bangladesh's capital Dhaka after thousands of textile workers staged fresh walkouts over low wages amid government calls for calm, officials said. The foreign investors announced the closures of their factories in the Dhaka Export Processing Zone (DEPZ) at Ashulia in a press conference late Saturday, Kamal Akhter, general manager of DEPZ said. "They've said that they would not open the factories unless given full protection by the

IITM 2006 Istanbul International Textile Machinery Fair will be organised with the cooperation of Turkish Textile Machine and Accessories Industries Association (TEMSAD) from May 31 to June 4 and it is learnt that a delegation of 150 pakistani buyers in association with Ecommerce Gateway will visit this fair. This visit will give positive outcomes and provide insight for Ecommerce Gateway to encourage event for Textile Ministry. Fair will showcase cotton and fiber preparation machines, yarn pr