The Cotlook A Index rose to 96.65 cents per pound around mid-June 2013 before receding to the low 90s cents level towards the end of the month. On June 12th, the USDA increased 2012/13 U.S. export estimate to 3 million tons due to ...
Tags: Chinese Policy, World Cotton PricesWorld Cotton Prices
Entire jewellery industry of India is highly upset with the government's recent measures to curb import of gold to contain the Current Account Deficit (CAD) as it (the industry) has already started feeling the impact of condensed supply of ...
During the Gartner Supply Chain Executive Conference, being held May 21-23, 2013 in Phoenix, Arizona, Columbia Sportswear and GT Nexus will share insights and best practices for deploying cloud technology in a multi-enterprise environment ...
Hancock Fabrics, Inc announced improved financial results for its fourth quarter ended January 26, 2013 and full fifty-two weeks of fiscal 2012. Fiscal 2012 financial results include: - Net sales for the year increased $6.0 million to ...
Tags: Textile
Alan Gray (AGI) has signed a partnership agreement with Willis Group subsidiary, Willis North America, for provision of claim closure solutions to the insurance market. Claim closure services jointly offered by AGI and Willis' Claim ...
As part of its pre-Budget proposals submitted by the Bangladesh Textile Mills Association (BTMA) to the National Board of Revenue (NBR), the BTMA has requested the Government to continue tax holiday for new textile and apparel industries ...
Sri Lanka's state-owned Ceylon Petroleum Corp., the country's sole importer of fuel oil, has made a rare export offer of the product due to falling demand from power stations as well as higher domestic output, company sources said Friday. ...
Recent fiscal changes in Venezuela could help state oil company PDVSA significantly cut its $16.4 billion debt to service providers this year, according to some economists and analysts. The changes, mainly to Venezuela's complicated ...
Tags: oil activity, PDVSA, Venezuela
The Bangladesh Bank has extended Export Development Fund (EDF) loans to member mills of the Bangladesh Garments Accessories & Packaging Manufacturers & Exporters Association (BGAPMEA). “The EDF loans will be available also to ...
Tags: EDF loans, BGAPMEA members, garments
Balluun, the leading wholesale social commerce platform for fashion designers and retailers worldwide, and Merchant Factors Corporation, a leading factoring firm servicing the needs of growing businesses, announced a strategic partnership. ...
By Omar al-Shaher, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Privately held Iraqi banks have almost entirely relinquished their traditional functions ...
Tags: Questions, Private Banks, Iraq
The U.S. Embassy to Iraq hosted a workshop at Iraq’s Judicial Development Institute from December 17-20 on the role of judges in adjudicating disputes involving letters of credit. U.S. Federal Judge Jed S. Rakoff, representing the ...
Tags: letters of credit, US, Iraq, Commercial Law Development Program
The Express Tribune reported that Iran has given Pakistan an offer that looks like it is too good to refuse. Tehran offered 100,000 barrels per day of crude supply to fuel starved Pakistan on a long term deferred payment. Sources said ...
Tags: Iran, oil, energy, oil industry
By John Lee. A British contractor has agreed to plead guilty to wire fraud conspiracy in a deal to supply vehicles to Iraqi police, according to Associated Press. APTx was to receive $5.7 million as a subcontractor in an August 2004 ...
Tags: fraud, Iraqi police, vehicle, deal
TradeCard,Inc.,the supply chain collaboration and global trade platform used by 10,000 retailers,brands,manufacturers and service providers,announced today that leading global brand and retailer GUESS?,Inc.has extended its use of the ...
Tags: TradeCard, global supply chain, GUESS?