Industrial restructuring, growth in services good indicators of improving conditions, say experts Positive signs have started to emerge in China's economy since the second quarter, suggesting deepened industrial restructuring amid rapid ...
Tags: Industrial restructuring, Positive signs, China's economy
The government has clarified that it has not stopped giving subsidy on woollen yarn to weavers. The clarification comes after a Congress MP alleged that this subsidy was stopped in three states. "The Government of India clarifies hereby ...
Tags: Woollen Yarn, Subsidy
Swedish automaker Volvo Cars has chosen South Carolina for its first American plant that would be built at an investment of $500m with an initial annual installed capacity of 100,000 vehicles. Banking on the US' potential for housing ...
Tags: Volvo, automaker, Volvo Cars
U.S. specialty jewelry store sales slumped 5.8 percent year on year to $2.019 billion in March, reflecting the sixth consecutive monthly decline. Jewelry store sales during the first quarter of 2015 have fallen 5.6 percent to $6.266 ...
China's small and micro enterprises saved 24 billion yuan ($3.92 billion) in the first quarter of 2015 due to preferential tax policies, the State Administration of Taxation (SAT) said on Monday. Statistics from SAT showed that a total of ...
Chinese Premier Li Keqiang on Tuesday called for improved import and export policies to offer more choice to the domestic market. Boosting domestic demand is key to ensuring steady growth and successful economic restructuring, said a ...
Tags: Domestic Market, Consumer Goods
The International Labour Organisation has called for greater social dialogue among representatives of government, employers and workers in the Bangladesh ready-made garment sector, highlighting the gains this would bring. “There are ...
The imports of man-made filaments and knitted or crocheted fabrics by the Southeast Asian nation of Indonesia increased in the first quarter of 2015, according to the data from Statistics Indonesia. From January to March 2015, ...
China's economic growth slowed to 7 percent in the first quarter of 2015, down from 7.3 percent in the fourth quarter, the National Bureau of Statistics (NBS) announced on Wednesday. The latest figure was better than the forecasts by ...
Tags: Chinese economy, consumer prices
China is seriously planning to shift part of its $300 billion textile industry to Pakistan in the coming years, says a leading Pakistani newspaper. This was revealed by one of the Pakistani delegates after an official visit to China. ...
Tags: textile sector, Textile
The outstanding reputation of China's high speed rail (HSR) industry not only shows the success of domestic innovation but also represents a shift from the export of mass produced "Made in China" products. China North Railway (CNR) and ...
A two-day national workshop on the textile parks sanctioned under the Scheme for Integrated Textile Parks (SITP) is being organised by the Ministry of Textiles, Government of India, in Surat on 9-10 April, 2015. The workshop, ...
Tags: Textile Parks, textile
FedEx Corporation (FedEx) and TNT Express N.V. (TNT Express) have reached conditional agreement on a recommended all-cash public offer of €8.00 (AUD 11.40) per ordinary TNT Express share. The Offer Price represents a premium of 33% ...
Tags: FedEx, TNT Express, all-cash public offer
Jordan is facing a crisis of worker shortage in its garment factories, as local Jordanians are shunning the sector, as benefits offered to them are not attractive vis-à-vis those offered to foreign workers. The Jordanian garment ...
Tags: textile industry, work environment, Apparel
While two more textile export bodies have criticised the Foreign Trade Policy, a shoes and apparel major has welcomed it. Over the last week, several textile trade bodies have slammed the new policy for ignoring their concerns. Apparel ...
Tags: AEPC, Negative Reactions, Apparel