Ethiopia based Awassa Textile will undertake an expansion project under which it will double its production through an investment of Birr 168 million. According to a leading Ethiopian daily, to undertake the expansion, Awassa Textile ...
Tags: Awassa Textile, textiles
First-quarter steel exports surged 40.7 percent to 25.78 million metric tons as mills responded to weak domestic demand and falling prices, the China Iron and Steel Association said on Wednesday. "Although domestic steel companies face ...
Tags: Steel Mills, steel exports
Dongfeng First Overseas Dealers Conference was held in Shanghai on April 22nd, 2015. During the meeting, Dongfeng released their overseas marketing structure, 2015 overseas business plan, 2015 overseas sales plan and 2015 overseas ...
Tags: Commercial Vehicle, Turcks
The European economy is forecast to grow by circa 1.2% this year, given fresh impetus by the €60 billion a month of quantitative easing recently initiated by the ECB. This has caused a significant depreciation of the euro; we’ll ...
Many economists are saying that the U.S. will once again be the driving force behind world growth in 2015 as the dollar growth. The U.S. economy saw an annual expansion rate of 5 percent in the third quarter of 2014, according to government ...
Tags: dollar growth, Sronger Dollar
The exports of textiles and garments from Pakistan earned US$ 10.207 billion in the first nine months of fiscal year 2014-15 that began on July 1, 2014, according to the data released by the Pakistan Bureau of Statistics. However, ...
Tags: Textile Exports, garments
Intertek, a leading provider of quality and safety services to industries around the world, has opened a comprehensive leather and footwear testing facility in Chennai, India, to support the country’s leather, footwear and leather ...
Tags: leather testing facility, footwear
A textile machinery symposium was held at Tehran in Iran by VDMA, the German association of machinery manufacturers on April 21 and 22, 2015. “Around 600 Iranian guests attended the symposium which was the first German event of ...
Trade with countries along the Belt and Road, a China-proposed initiative to enhance international connections, amounted to $236 billion in the first quarter of 2015. This translates to 26 percent of China's total exports and imports ...
Tags: Belt and Road, China's Trade
China imported 1.98 million mt of natural gas via pipeline in March, 41.3% higher than the same month last year, detailed data from the General Administration of Customs showed Thursday. The customs department reports natural gas trade ...
Tags: natural gas, gas pipeline
The independent Scottish craft beer producer BrewDog has initiated a record £25m crowdfunding project. With a minimum investment of £95 for two shares, the Aberdeenshire-based brewer is offering 526,316 shares, in a bid to ...
Tags: Crowdfunding Bid, Brewdog
The Federation of India Export Organisations (FIEO) wants government backing to arrest falling exports.FIEO president SC Ralhan said the trade data for the month of the March, 2015 showed a decline of over 21 per cent in exports and close ...
Tags: Govt Support, Falling Exports
Hit by sluggish Chinese demand, India’s cotton export is expected to fall 29 per cent to 7 million bales in the current crop year that ends in September. India has so far exported only 4.5 million bales of cotton this year, media ...
Tags: Chinese demand, cotton export
As per the latest report of the USDA, global 2014/15 cotton production is projected at 119.2 million bales, 1 per cent below last season. China and India account for half of the world crop, each contributing an estimated 30 million ...
Tags: Cotton Output, Textile
The World Bank’s East Asia and Pacific Economic Report April 2015 paints a favourable picture for Vietnam. According to the report, medium term projections reflect gradual improvement in GDP growth and macroeconomic stability ...
Tags: Vietnam's Growth, GDP growth