The Government of India would soon unveil a modified Technology Upgradation Fund Scheme (TUFS) with a provision to increase the interest subsidy on power looms from the present 5 percent to 6 percent, Textiles Minister K Sambasiva Rao has ...
Tags: Textile Industry
Following the tragic deaths of thousands of garment factory workers around the world in the past year, including over 1,100 people in a factory collapse in Bangladesh, the International Organization for Standardization (ISO) has announced ...
Tags: Health&Safety Standard, Apparel
India is mulling a ban on the export of onion in order to ensure domestic supply and prevent steep rise in prices that could lead to a further stoke inflation. Over the past few weeks, the prices of onion have increased sharply. The ...
Tags: Onion Exports, Food
The exports of readymade garments from Bangladesh to 11 non-traditional markets soared by 28.75 percent year-on-year during the just concluded financial year, according to the data from the Export Promotion Bureau. Bangladesh’s ...
Tags: Garment Exports, Apparel
The Cotton Textiles Export Promotion Council (TEXPROCIL) will be releasing a Benchmarking Study of Production Costs in India vis-à-vis Bangladesh, China, Egypt, Indonesia, Pakistan and Turkey at a function to be held at Hotel Le ...
Tags: Multi-Country Production, Textile
The Australian share market fell today as Japan's share market succumbed to profit taking, reports from Orica and Santos disappointed the market, and some traders predicted a sharp fall in the US share market. Investors were sidelined ...
Tags: Japan Fall, US Worries
Concord Ventures Group is the UAE headquartered multinational group specialized in apparel design/development, sourcing, manufacturing and distribution. It specializes in supply chain management of high-volume, time-sensitive goods for ...
Tags: Multi-Country Operation, Textile
Thanks to very low labor costs, Bangladesh succeeded in the past decade in becoming the second-largest supplier to international markets after China. In 2012, the country exported apparel worth US$20 billion. About 50 percent is exported to ...
Tags: Bangladesh, Apparel
Bangladesh’s export earnings from jute and jute goods in the fiscal year 2012-2013 showed an increase of 6.54 percent over the previous year, according to the Export Promotion Bureau (EPB) data. Bangladesh’s earnings ...
Tags: Jute Exports, Textile
The apparel retailers in the US and the EU are aiming at safety in Bangladesh readymade garments (RMG) factories although they have adopted different initiatives to ensure safety in the clothing firms of the country. The two strong ...
Tags: RMG Units, apparel retailers
Target, along with the Bipartisan Policy Center and 16 other North American retailers, joined together to announce the Alliance for Bangladesh Worker Safety and to launch the Bangladesh Worker Safety Initiative. The initiative is a ...
In most of the leading apparel-exporting countries, the wages for garment workers have stagnated or declined over the past decade, says a latest report. Among the top four apparel exporters to the United States, prevailing wages in ...
Tags: Garment Workers, Wages
Bangladesh, especially the northern part of the country, is expected to have bumper jute production this season owing to favourable climatic condition and adoption of latest farming technologies by jute growers, according to the Department ...
Tags: Jute Production
EU Trade Commissioner Karl De Gucht will be hosting a meeting in Geneva entitled "Staying Engaged – A Sustainability Compact with Bangladesh" on July 8, 2013. The high level discussion will focus on agreeing on ways for ...
Tags: Apparel
The Steering Committee of the Accord on Fire and Building Safety in Bangladesh announces its plan to implement the Accord programme, which it delivered within the 45 days deadline. This pioneering Accord is a binding contract between 70 ...
Tags: Fire Safety, Apparel