Virender Uppal, chairman Apparel Export Promotion Council (AEPC) has requested the Indian Government to look into its demands favourably. The AEPC has demanded inclusion of 2 per cent fabric within 5 per cent overall entitlement under ...
Tags: fabric, Apparel Export Promotion Council, garment industry
Lower consumption of cotton will lead to higher ending stocks for both 2014/15 and 2015/16 relative to last month, says the US department of agriculture (USDA) in its estimate for this month’s world cotton supply and demand. For ...
Textile mill owners in Pakistan’s Punjab province who had announced a voluntary closure of their mills a few days ago, have now called for a ‘forced closure’ after Eid, the Pakistani media has reported. The millers ...
The Japan International Cooperation Agency (JICA) and the Pakistani textile ministry held a meeting on July 2 in Islamabad to work out parameters for the project of “Skill Development and Market Diversification” (PSDMD) for the ...
Tags: Japan International Cooperation Agency, Textile Sector
Financial services company India Nivesh has warned that when the Trans Pacific Partnership (TPP) comes into effect, India would be negatively impacted to a major extent; though India would not be the only country at disadvantage. China, ...
International cotton prices may remain stable in 2015/16, though this will depend in part on changes in world cotton stocks. “In 2014/15, world ending stocks are forecast up 9 per cent to 21.9 million tons, reflecting a stock-to-use ...
Tags: International cotton price, ICAC
An impressive array of new and designer home fashion collections from over 150 companies from seven countries are on display at Ambiente & Heimtextil India, which opened today at Pragati Maidan in New Delhi. Santosh Kumar Gangwar, ...
Tags: fashion collections, textiles
At the next Intertextile Shanghai Home Textile edition, which runs from August 26-28, 2015, over 1,400 exhibitors from 30 countries and regions have confirmed their participation. “After last year’s record-breaking edition, ...
In its latest report, USDA has projected the global 2015/16 cotton production to decline 6 per cent from the previous season to 111.3 million bales. “Lower crops are forecast for most major cotton-producing countries in 2015/16, ...
Tags: Cotton Output, cotton production
For the first time, India is leading the growth chart of major economies, even ahead of China, according to the World Bank Group’s latest Global Economic Prospects (GEP) report. In India, new reforms are improving business and ...
Tags: World Bank's Growth, Economies
Pakistan's National Assembly standing committee on textile industry has recommended 2 per cent uniform rate of sales tax, against the proposed 5 per cent by the Federal Board of Revenue (FBR), on five leading export-oriented sectors - ...
The State Bank of Pakistan (SBP) slashed key interest rate to a record low of 7 per cent at the weekend, laying a foundation for implementing growth-oriented economic policies in the country, the country’s media has reported. ...
South Korea, which sends around a quarter of its exports to China, is one of the few countries in the world to run a trade surplus with the Asian giant. Both countries want more of this trade to be done in yuan, which would make trade ...
Tags: trade surplus, Chinese currency
USDA said it has initially projected the 2015/16 global cotton crop at 111.3 million bales, 7 per cent or 8 million bales below the 2014/15 estimate. In a report, USDA said area reductions in many countries are expected to account for ...
Tags: Cotton Crop, cotton
A delegation of the European Union trade office of generalised system of preferences (GSP) programme reviewed the benefits of GSP plus facility to Pakistan and the progress made so far on implementation of social standards related to labour ...
Tags: GSP Benefits, Textile exports