The Kenyan government has earmarked 680 million Shilling ($6.8 million) to revive and expand operations at the Rift Valley Textile Mills (Rivatex) in Uasin-Gishu County, deputy president William Ruto has said, according to reports in the ...
The European Bank for Reconstruction and Development (EBRD) is undertaking a Near-Zero Waste initiative in Turkey, by funding recycling setups, green initiatives and technologies that cut down on packaging waste. The program, which also ...
Tags: packaging, EBRD, packaging material, packaging waste
Haiti’s apparel sector has just got a shot in the arm. The International Finance Corporation (IFC), a member of the World Bank Group, has decided to invest $4 million to help The Willbes Haitian S.A., a subsidiary of South Korea-based ...
Tags: apparel manufacture, IFC, knits, sweaters, woven products, microfibers
A profitable high-speed rail (HSR) service between Melbourne, Sydney and Brisbane could be built for $30 billion – less than third of previous cost estimates – according to a new book. The rail would need little or no direct ...
Tags: high-speed rail, rail
Multi brand online retailer Bluestem Group completed acquisition of Orchard Brands Corporation, also an online retailer of multi-brand family of 13 catalogue and ecommerce brands. The deal, according to a Bluestem Group press release, has ...
Tags: apparel, Orchard, Bluestem Group, private label
China's new yuan-denominated lending reached 6.56 trillion yuan (1.07 trillion U.S. dollars) in the first half of this year, the central bank said Tuesday. The volume was 537.1 billion yuan more than that in the same period of last year, ...
The commerce and industry ministry has launched the facility for online payment of application fees through credit or debit cards and other electronic fund transfers, according to a government statement. The facility of online payment was ...
Tags: textile manufacture, DGFT
Kitwave Wholesale Group, an independent UK wholesaler of FMCG products, has added an eleventh company to its group following the acquisition of Angelbell by acquiring Hulleys Frozen. The acquisition is an excellent fit within the Kitwave ...
Tags: Kitwave Wholesale Group, FMCG products, frozen food, food production
China's producer prices continue to fall in June, a sign of prolonged weakness of demand, data from the National Bureau of Statistics showed on Thursday. The producer price index, a measure of costs for goods at the factory gate, fell 4.8 ...
Tags: China's producer prices, PPI
In a change of course just six months after announcing an end to subsidies for its cotton farmers, Egypt has stopped all cotton imports in a bid to assist the production and marketing of the local crop, according to media reports. Egypt ...
Tags: cotton manufacture, cotton imports
US retailer and NASDAQ listed Dollar Tree, Inc said it has completed the acquisition of Family Dollar Stores, Inc., also a retailer offering name brands and quality, private brand merchandise. The combined entity will have sales exceeding ...
Tags: Dollar Tree
The campaign for safety in the Bangladeshi readymade garment sector has received a boost with the International Finance Corporation (IFC), a member of the World Bank Group, announcing a wide-ranging safety programme by providing $50 million ...
Tags: fshionable garment, IFC, garment
Laura Ashley has made the decision to acquire a commercial property in Singapore for around 31.1million pound, the process of which is expected to be completed in four week's time. In line with the company's long-term expansion strategy, ...
China is capable and confident it can maintain the capital market stable and sound, said a commentary of People's Daily, the flagship newspaper of the Communist Party of China (CPC). Since mid-June, the benchmark Shanghai Composite Index ...
Tags: Capital Market, stock market
Swiss specialty textile chemicals producer Archroma said it has entered into a senior secured credit agreement that provides for credit facilities totaling to around $515 million. According to an Archroma press release, the credit ...
Tags: textile chamicals production, specialty textile chemicals