Gas tariff hike of up to Pk Rs. 85 per mmbtu (million metric British thermal units) for Captive Power Plants (CPPs) would render the most efficient and highest foreign-exchange generating textile industry ineffective, All Pakistan Textile ...
Tags: Textile Sector, Gas tariff
China's non-manufacturing purchasing managers' index (PMI) fell to 53.9 percent in August from 54.1 percent for July, according to official data released on Tuesday. A PMI reading of more than 50 percent indicates expansion in ...
Tags: Non-Manufacturing PMI, economy
China's Non-manufacturing PMI was 54.1 Percent in August National Bureau of Statistics of China 2013-09-03 14:32:28 Department of Service Statistics of NBS China Federation of Logistics and Purchasing (CFLP) In August, ...
Tags: Non-Manufacturing, PMI
Carolina Mattress Guild, a Thomasville, N.C.-based mattress manufacturer, subjected black employees to a racially hostile work environment and unlawfully fired the employee who complained about racial comments, the U.S. Equal Employment ...
Tags: Mattress, Light Industry, Daily Use
Business expectations for the final quarter of the year have fallen flat in a sign that the economy's long-awaited revival will not occur in 2013. The outlook for the remainder of the year suggests that businesses do not view the ...
The recovery in the eurozone manufacturing sector entered its second month during August. At 51.4, up from a flash reading of 51.3, the seasonally adjusted Markit Eurozone Manufacturing PMI® rose for the fourth successive month to reach ...
Tags: economy
AkzoNobel has announced plans to phase out the production of organic peroxides at its site in Deventer, the Netherlands by the end of 2016. Under the plans, the production activities currently carried out in Deventer will be moved to other ...
Tags: Akzonobel Plans, Construction
Over the past five years, the Glass Product Manufacturing industry has declined as both consumers and businesses turn away from the use of domestic glass. Substitute goods, such as plastics and metals, have become increasingly popular, and ...
Tags: Glass, Construction
The Secretary for Economic Development (SEDECO) of the Federal District of Mexico, Solomon Chertorivski Woldenberg and the President of the National Chamber of the Apparel Industry (CANAIVE), Sergio Lopez de la Cerda, have signed a ...
Tags: Boost Apparel Sector, Apparel
The EU has recently issued the newest LED lighting product energy efficiency regulations which will take effect September 1st. According to the regulations, all LED exports to Europe must meet the new energy efficiency standards. The EU has ...
Chuka Umunna MP spent around two hours at Duo UK as he gained first-hand experience of how British manufacturers are coping in the current economic conditions as well exploring how the rising cost of living is affecting employees. Other ...
World Bank Group member International Finance Corporation (IFC) has approved a $120m loan to Singapore-based food processor Olam International under a five-year agreement to finance upgrades and expansion of five food processing facilities ...
Tags: Food Processing, World Bank Group
Some people think that China is not only a country, but also a big factory. Especially in textile production, China has the image of being a land of extremely large companies with tens of thousands of employees in every factory. For the ...
Tags: Textile
In "Global Growth in 2013—Outlook and Risk Factors", the Manufacturers Alliance for Productivity and Innovation (MAPI) queried 130 corporate leaders from its council programs, including CEOs, CFOs, presidents, and heads of operations, ...
Tags: Processing Machinery
According to the monthly sectoral confidence survey released by the Turkish Statistical Institute (TUIK), the confidence index* for the construction sector in Turkey, which stood at 85.3 points in July this year, decreased by 2.2 percent ...
Tags: Construction Sector, Mineral