The director for legal affairs of National Iranian Oil Company (NIOC) says buy-back contracts have attracted only 50 billion dollars in investment for Iran’s petroleum industry over 15 years. Under the best circumstances, the ...
When a Chinese engineering firm sets off to build a road or a dam in a distant country, a Chinese bank is usually not far behind them. Bank branches bearing Chinese characters can be found on the streets of Lima and Warsaw, as well as Paris ...
About 30 percent of total textile mills in India remained non-operational in 2000-10 leading to huge job losses, a recent study conducted by The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has found. The study ...
Tags: Textile Mills, Apparel
The China (Shanghai) Pilot Free trade Zone to be launched at the end of this month will be lifting a 13 year ban on game console sales in the zone that is expected to benefit IR LED manufacturers. Internet restrictions will also be lifted ...
Tags: IR LED, Free Trade Zone
Indian government may have been trying hard to acquire a ‘Global Diamond Trading Hub’ status for its diamond industry on one hand but on the other hand if some figures are to be believed, it may be on verge of surrendering its ...
Several textile firms from Belgium have articulated interest in investing in Macedonia, a country located in the central Balkan peninsular region in southeastern Europe, Visar Fida, director of Agency for Foreign Investments, has said. ...
Tags: Belgian Textile, Textile Firms
Cambodian garment exports are expected to grow in 2013 with the increasing foreign investments along with focus on new market including Japan and China, according to the Garment Manufacturers Association of Cambodia (GMAC) In 2012, ...
Tags: garment exports, garment
The wages in the Sri Lankan apparel sector have not risen at the same pace as the growth in GDP, export earnings or cost of living, and hence, there is a need to revise the wage formula, a noted economist has said. Speaking at a seminar ...
Tags: Sri Lanka, apparel sector, GDP
Several international retail brands are planning to invest in Indian textile sector as the Central Government has announced many incentives, including tax exemptions, to the textile and garment industry in the Union Budget 2013-14. ...
Tags: FDI, Indian Textile Sector, textile
Indian textile and apparel manufacturers are expecting boost for the sector as Union Budget 2013-14 has opened new opportunities for investments in the domestic as well as international market with reduced excise duty on branded garments, ...
The increasing number of consolidations and in-licensing agreements between Multinational Corporations (MNC) and Indian companies highlights the growing significance of the country’s pharmaceutical market, states business intelligence ...
Cambodian garment industry is attracting huge foreign investments due to tax incentives and duty free access to world’s major markets like the US and the UK. In a conversation with fibre2fashion, the business development manager of ...
Tags: garment sector, garment industry, Garment Manufacturers
Reportedly, Germany Siemens has nailed down a contract with Qatar Steel to build high-voltage substation at Qatar’s industrial city in Mesaieed. The new 220/66/33-kilovolt substation will replace the existing facility within 14 ...
Tags: Steel commissions, Steel, Qatar Steel
International developer EPGI has announced that they have been awarded the development management contract to develop and build the new Basra Oil and Gas International Free Zone in Iraq. The project is the second largest of its kind in ...
Tags: EPGI, Oil, Gas Project
A top businessman said that the volume of overall investment is expected to top USD 45 billion over 5 years in Bahrain. Dr Essam Fakhro chairman of Bahrain Chamber of Commerce and Industry said that public sector investments are expected ...
Tags: overall investment, Bahrain, Dr Essam Fakhro, public sector investments