The Chinese economy is confronted with more difficulties than anticipated in 2014, but it has scored more achievements than expected, said Xu Shaoshi, minister in charge of the National Development and Reform Commission, China's top ...
The latest data from the Australian Industry Group (AIG) Australian Performance of Manufacturing Index (PMI) indicates that Australia's manufacturing sector has contracted for the third month in a row, and that subdued domestic demand is ...
After holding review meetings with various stakeholders, India’s ministry of textiles has initiated several steps to strengthen the jute sector. The key decisions taken by Minister of State for Textiles (I/C) Santosh Kumar ...
Tags: Jute Sector, textiles
Minister of State for Textiles Santosh Kumar Gangwar inaugurated a Weavers’ Service Centre at Toluvi in Northeastern state of Nagaland, and also laid the foundation stone for Apparel & Garment Making Centre at Dimapur, also in ...
Tags: Textiles Minister, Apparel, Garment
Favourable government policies, low wages, shorter sea route and growing garment exports make Myanmar an attractive option for Indian textile entrepreneurs, says Rajesh Kumar Shah The garment sector in Myanmar has grown enormously since ...
Tags: garment exports, Textile
The Chinese currency has seen sharp volatility against the US dollar this week as a strengthening dollar stokes worries of the yuan's depreciation. The yuan continued to decline against the dollar on Wednesday with its spot exchange rate ...
Tags: China's New Yuan, Chinese currency
Cotton imports by the Southeast Asian nation of Indonesia decreased by 2.16 per cent in 2014, according to the data from Statistics Indonesia. During the year, Indonesia imported cotton (HS Code 52) worth US$ 2.499 billion, compared to ...
Tags: Cotton Imports, Textile
The Karnataka government is planning to develop smaller textile parks at different places in Ballari, Chamarajanagar and Vijayapura districts, a government official said. Addressing a roadshow for Technotex 2015 in Bengaluru, K ...
Tags: textile parks, Textile Policy
Pakistan’s ministry of textile industry has announced the long-awaited Textile Policy 2014-19, which sets annual exports target of US$ 26 billion by 2019. “The annual exports target of $26 billion by 2019 is ambitious but ...
Tags: Textile Policy, Textile
Mercedes-Benz has broken ground at its passenger cars plant in Brazil, which is a part of the company’s global production network expansion plan. The plant is located at Iracemápolis near Sao Paulo and the German car maker ...
Tags: Mercedes-Benz, Car Plant
The Government of Ireland, along with industry partners, will invest €35m in the construction of a new dairy facility in the University of Limerick and the expansion of Teagasc’s Moorepark Technology in Fermoy, Cork. This is ...
Tags: Dairy Processing, Dairy
Rexam, a global beverage can maker, has completed conversion of its La Selva plant’s three final production lines from steel to aluminium. Located near Tarrogona, Spain, the La Selva plant conversion commenced in 2011 and has been ...
Tags: Rexam, beverage can, Aluminium can
Bloomberg News sat down with Peter Coy, Bloomberg Businessweek Economics Editor, and Susan Lyne, AOL BBG Ventures President, to discuss the American economy, and to try to answer the question: is America roaring back economically? Coy ...
Oeko-Tex Association has named Georg Dieners as the new general secretary and he takes over from Dr. Jean-Pierre Haug. Jean-Pierre Haug will concentrate on professional cooperation in the technical committees within the Oeko-Tex ...
Canadian coffee and doughnut chain Tim Hortons is laying off staff both at its regional offices and corporate headquarters following takeover by Burger King Worldwide. The job cuts is part of reorganisation after the company's ...
Tags: coffee, Agriculture