Apparel manufacturer and exporter, Pearl Global Industries Limited (PGIL) is undertaking capacity expansion in South India at a total investment of around Rs 17-20 crore, funded through internal accruals and a TUFS loan. PGIL plans to ...
Italian pasta maker Barilla is planning to expand its production plant in Ames, in the US state of Iowa which will see an investment of around $26.5m. The expansion, which is expected to create 23 new jobs, will also receive financial ...
Tags: Pasta Production, Agriculture
Japanese business leaders once again are touting “made in Japan” labels, promising to return production from overseas to take advantage of the yen’s sharp drop, which has reduced the once sky-high cost of manufacturing ...
Tags: labels, trade deficit, exports, Electrical
Taiwan recorded total export value of US$295.2 billion for 2014, increasing on year by 2.75%, and the value for 2015 is expected to increase by 3.58% on year, according to Taiwan External Trade Development Council (TAITRA), a ...
Tags: export value, economic growth, Electrical
Brazilian cotton output might again reduce in the 2014/15 crop, but would still be close to the average registered over the last 11 seasons, says the latest fortnightly report of CEPEA. “In worldwide terms, a supply decrease is ...
Tags: remunerative prices, export costs, exchange rate ratio, Textile
Oil industry could ride out a further price slump to $25 a barrel since there is no sign within OPEC toward action to support oil prices. It shows that despite lobbying by Iran and Venezuela, there is little chance of collective action by ...
Tags: Oil industry, crude oil
EBay, India’s leading online marketplace, has signed an MoU with Delhi Hindustani Mercantile Association (DHMA), a 125 year old association of over 4,000 Indian fabric traders, in an attempt to get more local traders and artisans into ...
Tags: Online Market, fabric traders, Apparel
The Karachi Cotton Association (KCA) has warned all Pakistani textile exporters to comply with European Union measures regarding exporting goods in wooden pallets, lest it impose a ban on exports. “In a statement, KCA urged all ...
Tags: methyl bromide, wooden pallets, Textile
In its pre-budget memorandum, the Tirupur Exporters’ Association (TEA) among many demands has asked for extension of rupee export credit at 3 per cent interest rate subvention, import of specialty fabric using export performance ...
Bord Bia today launched its Export Performance and Prospects Report which reflects a 4% increase in exports for 2014 to reach a record high of almost €10.5bn. Aidan Cotter, Chief Executive, Bord Bia outlined the background to the ...
Tags: milk, drink industry, Agriculture
China this week issued the first round of oil product export quotas for 2015, with volumes totaling 9.75 million mt, industry sources said Wednesday, January 14. This is significantly more than the roughly 8 million mt of quotas that were ...
Tags: Oil Export, Crude Oil
In a letter sent to the leaders of the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA), the Sports & Fitness Industry Association (SFIA) along with other allied organizations are encouraging the ...
Tags: Sporting Goods, U.S.economy
The Quaid-e-Azam Apparel Park, the most modern project in South Asia, proposed to come up on 1,500 acres near Motorway-2 that connects Lahore with Islamabad, has been handed over for its management and development work to the Punjab ...
Tags: job opportunities, exports, Apparel
“The ongoing political turmoil in Bangladesh has cost the apparel industry Tk 4.5 billion,” the chief of Bangladesh Garment Manufacturers & Exporters Association (BGMEA) said. Addressing a media conference, Atiqul Islam, ...
Tags: shipping, clearing and forwarding agents, banks, Apparel
Faisalabad-based textile exporters were invited to participate in an upcoming international event of Turkey-World Trade Bridge-2015 being held in March 17-18, 2015 at Istanbul, Turkey. The trade show is expected to offer Pakistani ...
Tags: ready-made garments, textiles, home textiles, Textile