The Japanese Fund for Reducing Poverty (JFRP) is carrying out a project for poor silk producers in the Central Highlands provinces of Kon Tum, Gia Lai and Dak Lak.The project will help the silk producers in rearing silkworms on cassava leaves.The total project cost is US $600,000 and Asian Development Bank will sponsor the project. A team of Japanese experts will visit Vietnam to impart training courses for local silk growers and transfer technology for rearing silkworms on cassava leaves.Silkwo

Viet Nam’s earnings from garment exports to the EU for the first ten months of this year grew by a mere 5 per cent over the same period last year. The meager earnings growth is far below earlier industry expectations. The country earned roughly US$700 million from garment exports to the EU through October, reported the Ministry of Trade. The textile and garment industry initially expected vigorous annual earnings growth of 18-20 per cent from clothing exports to the EU since the EU had a

Ludhiana, November 17: THE city is all set to host Textech 2005, the mega international exposition-cum-conference on textile technology, organised by Confederation of Indian Industry (CII). Textech is being organised from November 18 to 21 on the large PAU grounds, with 125 exhibitors from all over India, Pakistan, Bangladesh and many other countries. Union Minister for Textiles Shankersingh Vaghela will inaugurate Textech. Texcon 05 on Textiles and Clothing is being held concurrently with Texte

KARACHI: Lower cotton output this year could result into a decline of around 100 to 200 basis points in margins of the textile manufacturers of the country.Textile companies enjoyed fiscal year 2005 as a year of strong profitability growth by virtue of sharp increase in gross margins following the 26 percent decline in cotton procurement cost due to the bumper cotton crop of 14.6 million bales last year. Apart from soft cotton prices, another boon for the textile sector during fiscal year 2005 w

Results in growth of cotton yarn, fabric and made-ups has been encouraging and commensurate of the record investment in cotton textiles industry of China.With the eighth successive month of double-digit expansion in output, October registered 24.15 percent growth. Monthly production actually dropped only once in the past two years.October production of 1.686 billion square meters was the highest registered since the record 1.854 billion square meters output in June. Cotton fabric continues to re

A decision by the Reserve Bank to increase interest rates by 0.25 percent back in March (the first in 14 months) resulted in a reversal in consumer confidence in Australia and weaker building approvals – both significant dampners on domestic demand for floorcoverings.This soft demand environment for wool floorcoverings in Australia saw prices for carpet wool drift lower during first quarter of the 2005/06 season. In addition, increased import penetration and the ongoing strength of the Aus

Statistics from Brazilian Ministry of National Development and Textile and Apparel Industry Association presented the textile trade results between Brazil and China.It indicated that by the end of August 2005, total exports of textile and apparel of Brazil amounted to US$1,323,567,951, up by 5.92 percent compared with the same period of the previous year which was US$1,250,359,144, and imports in the same period reached US$995,334,733, up by 5.73 percent on a year-on-year basis, and hitting US$9

Cotton yarn prices in China increased over the past 30 days, however, not at the same levels as cotton prices. Spinners raised prices of those yarns not available in volume through imports.Since local cotton price in China is the highest in the world, and Pakistan and India are among the lowest, many buyers continued to take low count carded yarns from India and Pakistan, instead of buying local yarns.Yarn producers of China suffer a major price disadvantage because of the local cotton price str

China's share of the US apparel market fell in September. China, however, still remained top US supplier with Bangladesh pushing Mexico for second place. Prices of Cambodian and Vietnamese apparel were more expensive in September than a year ago. Egypt, meanwhile, cut prices by a quarter. The volume of apparel imports into the US was 12 per cent higher during the nine months to September 2005 than for the corresponding period in 2004. Shipments to the US during the month of September were seve

Staggering from Hong Kong's decades- long industrial downturn, labor leaders capitulated Tuesday to demands by manufacturers to import low-wage textile workers from the mainland. In return, employers agreed for the first time to impose minimum wages in specific cases. The Labour Advisory Board, a 12- strong policy unit composed equally of employer and employee representatives, agreed to a government proposal to import up to 5,000 mainland textile and garment workers on a minimum wage of HK$2