In what may mark an end of high-quality extra long staple cotton, the Egyptian Government has decided to stop paying subsidy of 350 Egyptian pounds per qintar (160 kg) of cotton to producers, from the next agricultural season. Last ...
Tags: Cotton Production, raw materials, Textile
With the implementation of the Developing Country (DC) Preferences by the Australian Government from 1 January 2015, garments made in Fiji now have improved access to the Australian market. The DC Preferences replaces the earlier South ...
Tags: raw materials, textile, clothing, footwear industry, Apparel
The textile and garment sector of Vietnam is aiming at total exports of US$ 28 billion to $28.5 billion in 2015, according to Vietnam National Textile and Garment Group (Vinatex). In 2014, Vietnam’s textile and garment industry ...
Tags: garment industry, raw materials, Apparel
The International Cotton Advisory Committee (ICAC) anticipates that, despite expected growth in cotton consumption this season, a world production surplus of 1.7 million tons is still expected. This, according to ICAC, will bring 2014/15 ...
Tags: cotton consumption, Textile
Textile trade fair, Colombiatex of the Americas which runs from January 27-29, 2015 in Colombia will see nearly 500 exhibitors showing various textile goods ranging from yarns, fabrics, dyes and chemicals, etc. In the last 17 years, ...
Irish micro-distillery Blackwater Distillery has opened and is set to begin producing Blackwater No 5 Gin in the near future. When produced, the Blackwater No 5 Gin will initially be available for sale at select off-licences. The ...
Tags: whiskey, Gin, Agriculture
The Central Board of Excise and Customs (CBEC), under Department of Revenue, India’s Ministry of Finance, has issued a circular announcing extension of 24x7 Customs clearance facility at 13 more airports in respect of all export goods ...
Tags: specified import, export goods, Textile
Indian synthetic fibre and yarn producers have urged the Union Ministry of Finance to abolish excise duty of 12 per cent levied on the industry and bring it at par with the cotton fibre and yarn sector. “This will help the growth of ...
Tags: cotton fibre, yarn sector, Textile
A joint memorandum has been submitted to the Union Commerce Minister, Nirmala Sitharaman by various Indian textile associations, seeking additional two years time to fulfill export obligation under the export promotion capital goods (EPCG) ...
Tags: textile associations, Textile
Garment factory owners’ cost in Cambodia is expected to rise by nearly 20 per cent, as a new wage structure came into effect from 1 January. The new structure raises the minimum wage to US$ 128 per month from the earlier $100 per ...
Tags: transportation, seniority, Apparel
Exports from the Vietnamese apparel sector are expected to touch US $24.5 billion and thereby surpass the set target by nearly $1 billion. “The garment and textile sector continues to top Vietnamese exports, mainly due to right ...
Russian GDP contracted by 0.5% in November and it is the first economy contract since 2009. According the data from Russian Economic Development Ministry, Russian GDP falls 0.5% in November and increases by 0.6% in the past 11 months. ...
Tags: Russian GDP, energy exports
Jack Wolfskin has reached an agreement to buy out its Chinese distributor and licensee over the next two years to clear the way for a new subsidiary it will establish in the People's Republic of China, or PRC. In exchange for a two-year ...
Tags: Jack Wolfskin, Chinese Distributor
The textile industry of the Southern Indian state of Tamil Nadu aspires to climb up the textile value chain and realise its true potential for which it is depending upon the central government, said an official of a trade body. D Prabhu, ...
Sri Lankan apparel sector trade body, Joint Apparel Association Forum (JAAF) has shortlisted key logistics service providers who have played a major role in import and export areas of the apparel sector. JAAF has recognized them as ...
Tags: apparel sector, apparel import