New Delhi: After the quota regime, textile exports to the US and European Union has seen a significant growth as a result of which country抯 textile sector stands second after China. Ministry of Textiles said here on January 16. Further added that cotton textile and yarn products exports has been overtaken by home textiles and made ups segments. Since exports to US has increased by 30-35% its exports to EU has been increased by 20%. Indian apparel exports are estimated to increase to R

Output at U.S. textile plants increased by 2.1% from December 2004 to December 2005, the Fed said Tuesday. Meanwhile, production at apparel factories increased 0.9% year-over-year. It was the first time since 1996 that both textile and apparel production had increased in the same year. See full story. U.S. production jumped in the second half of 2005, after the U.S. government imposed "safeguard" limits on some Chinese textile imports. The United States and China reached a comprehensive ag

The Chinese Ministry of Commerce announced that it will levy anti-dumping tax starting from Monday on a chemical for making silicon polymer imported from Japan, the United States, Britain and Germany. According to a final ruling, importers of this chemical from the above four countries should pay anti-dumping tax in the coming five years with rates varying between 13 percent and 22 percent. The ruling of the Ministry says the four countries are unfairly selling the dimethyl cyclosiloxane

Macau Statistics and Census Service released the Tourist Price Index (TPI) for the fourth quarter of 2005. The TPI of Q4 was 111.43, up by 3.12 percent over the previous quarter. Due to higher prices in hotel accommodation, in jewellery that was influenced by rising gold prices, as well as in Winter clothing and footwear, indices of Accommodation; Miscellaneous goods; and Clothing and footwear rose by 10.91 percent, 6.26 percent and 2.26 percent respectively. On the other hand, Transport

Talks between Malta Enterprise and Gama Textile Group, which was interested in setting up shop in Malta, are likely to collapse. Negotiations with Gama Textile Group were declared after Denim Services Ltd said it would dismiss 800 workers and close down by the end of January. Gama was to employ 400 workers in a project for which the government was expected to grant ?.5 million in soft loans, with most of the employees coming from Denim Services. A spokesman for the Investments Ministry

The US is aggressively working through free trade negotiations with a number of countries and has just concluded a sixth round of talks with Thailand. South Korea is also keen to be added to the increasingly longer list of countries. However, the path from negotiating to implementation is often long and incorporates tight Rules of Origin for textile and apparel exporters. Free Trade Agreements or FTA's are tricky things requiring a whole range of meetings and negotiations between two or more

A loan commitment by the Japan Textile Federation could help revitalize Indonesia's ailing textile industry, as long as the government is willing to guarantee the loan, a local textile association says. The federation has expressed interest in helping Indonesian textile companies with newer generation spinning and weaving machinery, the Indonesian Textile Association (API) said. "We have filed a proposal for some US$3 billion worth of machinery and Japan has agreed as long as the government i

Chinese Customs Bureau statistics show the aggregate volume of wool textiles and apparel exported from China fell dropped in October 2005, first time year-on-year since June. Woollen sector is experiencing low export demand, particularly in knitwear segment while . Worsted wool fabric and women's wear showed strong demand in 2005, but slowed down in October. In volume and value terms woollen yarn and knitwear exports retreated during October. While knitwear exports went down in October and in Ja

Many textile producers in south China's economic powerhouse of Guangdong were forced to cut jobs by a large margin due to the lack of export orders in the year 2006. From Jan. 1 this year, some categories of textile and garment products were placed with new export restrictions to the European Union (EU) countries and America, the markets of which accounted for 34 percent of all of China's textile exports in 2005. The lack of export orders forced many textile producers, especially small a

Talks between Malta Enterprise and an Austrian textile group, which was interested in setting up shop in Malta, are expected to fail, The Sunday Times has learnt. Discussions with Gama Textile Group were announced shortly after Denim Services Ltd said it would dismiss 800 workers and close down by the end of January. Gama was planning to employ 400 workers in a project for which the government was expected to grant ?.5 million in soft loans, with most of the employees coming from Denim Service