Wholesale prices fall from the boom years as oversupply hits the industry Tumbling prices have left the traditional Chinese medicine industry in poor health. Finding the cure will not be easy. Oversupply, poor planning and increased ...
The nuclear energy industry is pushing to keep a critical export agreement with China on the books beyond the end of this year. A nuclear cooperation agreement that allows United States companies to export their products and ...
Chinese imports and exports shrank again in May, the latest sign of sputtering growth in the world's second biggest economy that adds to pressure on Beijing to avoid a sharp slump. Customs data released Monday showed that exports ...
Tags: China Economy, China Trade
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 - ...
Textile exporters in India are a worried lot after failing to meet the export target for the last financial year, according to media reports. "These declining trends in exports are a matter of deep concern," Texprocil chairman R K Dalmia ...
Tags: Textile
China's manufacturing business activity slightly expanded in May, indicated by a Purchasing Managers Index reading of 50.2, up from 50.1 in April, according to official data. The reading has remained above 50, the separation between ...
Tags: Manufacturing, PMI
China's manufacturing business activity continued improving in May, with an important index remaining in expansion territory, official data showed on Monday. The manufacturing purchasing managers' index (PMI), a key measure of factory ...
Tags: Economy, Manufacturing
World demand for silicones is forecast to rise 5.7 percent per year to $19.3 billion in 2019. The pace of growth in value terms will be in line with that seen over the 2009-2014 period, largely due to an improved outlook for silicone ...
Tags: Silicones, World Demand
Grupo Modelo, an arm of beverage major Belgium-based Anheuser-Busch InBev, will pump in $325m in two plants in Yucatan, Mexico, including an aluminum beer-can unit. The cans manufactured at the new unit will replace those being currently ...
Tags: Grupo Modelo, Packaging
The 30th India Carpet Expo will be held from October 11 to October 14 this year in Sampurnanand Sanskrit University Ground, at Varanasi, the textiles ministry said in a statement. The expo is being organized by carpet export promotion ...
Tags: India Carpet Expo, Carpet
Russian food safety agency Rosselkhoznadzo has imposed a temporary ban on meat product imports from ten processing plants in Brazil. The agency said that the processing plants in Brazil have failed to comply with phytosanitary measures, ...
Chiripal Group company and India’s second biggest denim fabric producer, Nandan Denim Limited posted revenue growth of 22.7 per cent year over year in the fourth fiscal quarter ended March 31, 2015. In a press release, Nandan Denim ...
Tags: denim fabric, Textile
Speakers at a seminar organised by the Bangladesh’s Export Promotion Bureau (EPB) in Rajshahi said there should be emphasis on promoting more silk export from the region for making its economy vibrant. They also said boosting ...
Tags: silk export, Silk
The total volume of Egyptian cotton exports rose by a whopping 94.3 per cent year-on-year during the second quarter of the 2014-2015 agricultural season, to reach 246,000 metric quintals, a leading Egyptian newspaper reported quoting a ...
SPC Ardmona, an Australian fruit packing company owned by Coca-Cola Amatil, has opened the phase I of the $100m modernisation and renewal project at its fruit processing plant in Shepparton, Australia. The new SPC snack line at the ...
Tags: SPC Ardmona, fruit packing