Colombian textile sector is expected to get a boost once the EU-Colombia free trade agreement (FTA) comes into force. Earlier this month, the European Parliament gave green signal for FTAs with Colombia, Peru and six Central American ...
Tags: textile sector, textile, apparel sector, apparel
China is delivering on its promise to consolidate its mining industry with the formation of a new rare earth mega miner. According to a report by Global Times, the “mega-corporation”, named China North Rare Earths (Group) ...
Tags: Asia, China, Rare Earth, USA
Sarla Performance Fibers Ltd, one of the leading manufacturers of nylon yarns in India, is planning to invest US$ 13.8 million to set up polyester partially oriented yarn (POY) plant along with texturising and twisting facility in the US. ...
Tags: Sarla Performance Fibers, nylon yarns, textile, textile indistry
TATA Steel's USD 5 billion investment proposal will receive full support of the Vietnamese government. That's the word coming in from the ASEAN member's trade minister Mr Vu Huy Hoang, Trade Minister, Vietnam in an exclusive conversation. ...
Tags: TATA Steel, investment proposal, steel market, steel industry
The US has confirmed it will resist efforts by China, Russia and their allies to put the internet under the control of the United Nations. The confirmation came in a statement issued by the US Department of State on US proposals to be ...
Tags: internet, telecommunications, network, IT industry
The News reported that local steel vendors are importing steel bars in the garb of alloy steel bars from China making huge duty evasion to the national exchequer and threatening the local steel industry. The letter from Amreli Steel Mills ...
Tags: mills, alloyed rebars, steel industry, steel vendors
The Government of Bangladesh has demanded rollback of the 17.5 percent duty levied by Turkey on readymade garment (RMG) imports from Bangladesh, claiming that the levy has badly impacted its sales to European countries. The demand was ...
Tags: readymade garment, RMG, apparel exports, exports of knitwear
Asian aromatics hit all-time highs this week on shrinking supplies and rising feedstock costs. Toluene and styrene monomer spot prices set new records Wednesday, assessed at $1,388.50/mt FOB Korea and $1,674/mt FOB Korea respectively while ...
Tags: Asian Aromatics, Chemicals, Tight Supply, Speculation
Economy of China in 2010. China is the world's second largest economy after the United States. It is the world's fastest growing major economy, with average growth rates of 10% for the past 30 years. China's top trading partners. ...
Tags: Focus Vision, China Market
With the opening of another warehouse facility in China, Greven-based contract logistics specialist, Fiege, is underlining its focus on the core markets of Europe and Asia, especially China, and now has a total of twelve sites in the ...
Reuters,citing an official with the Ministry of Finance,reported that China will scrap an export duty of 40%on metallurgical coke from next year,in a move that could spark a surge in Chinese exports and threaten regional vendors. China's ...
Tags: export duty, China, metallurgical coke
Steps are being taken to sign a memorandum of understanding (MoU) for cooperation in the area of textiles and clothing between India and Sri Lanka, Mr. Anand Sharma, India's Minister of Commerce, Industry and Textiles, informed Sri Lanka's ...
Tags: MoU, cooperation, textiles, clothing, MoU deal
The Ministry of Economic Development together with other relevant ministries and institutions has initiated a programme to revive the textile industry of Sri Lanka along with the apparel industry. Earlier Sri Lanka had well developed ...
The US House of Representatives has voted unanimously to approve a resolution aimed at preventing any efforts to hand the United Nations more power to oversee the Internet. The resolution by the lower house of the US Congress had ...
Tags: Internet, US, power, United Nations
Indonesia has become Taiwan’s No.6 market for machine tools in the first 10 months this year, according to chairman of the Taiwan Association of Machinery Industry (TAMI), H.T. Hsu. The association’s statistics show that ...
Tags: Indonesia, Taiwan, machine tools