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2009年2月23日星期一下午2:57

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Weiqiao Textile expects rising cotton prices and RMB in 2010 H2

Date: 03/09/2010

Weiqiao Textile, the largest cotton textile producer in China supplying about 3% of the country's total, announced interim results for the first six months of 2010 this August.The company registered production volume of cotton yarn, grey fabric and denim were 336,000 tons (+15.5% year-on-year), 612,000,000 meters (+11.3% y-o-y) and 46,000,000 meters (decreased from last year) respectively in th...[Full Text]

Pakistani government vows for financial support to textile industry

Date: 03/09/2010

The government recently allocated Rs 10 billion in the 2010-11 budget for the “Export Investment Support Fund” to provide a mark up rate on export refinancing and rebate on fabric, home textiles and apparel to achieve the export target of US$25 billion in the next five years. This was stated by Mirza Ikhtiar Baig Advisor to Prime Minister on Textile. He said that a huge chunk of the fund would...[Full Text]

Pakistani government proposed to provide financial support to textile industry in the 2010-11 budget

Pakistan urged to take preventive measures to save cotton crops

Date: 31/08/2010

Chairman Pakistan Cotton Forum (PCF) Seth Muhammad Akbar has asked the government to take urgent precautionary measures to save cotton crops from further damage. He said the cotton crop in Punjab has entered into its most crucial phase where picking of each extra boll would matter. Therefore, timely preventive measures are required to save the cotton crops. He said agriculture advisory and exte...[Full Text]

Sri Lanka to explore new markets in Asia

Date: 27/08/2010

The Joint Apparel Association Forum (JAAF) of Sri Lanka recently presented a five-year strategic plan for the development of the apparel sector to the government, highlighting the essence of new markets for the industry.JAAF is the garment factory representative body in Sri Lanka. Its Secretary General Rohan Masakorala explained that the five-year strategic plan focuses on markets such as Japan...[Full Text]

Sri Lankan apparel industry is planning to explore new markets such as Japan, Russia, India, China and Australia. (Photo: Garments with Guilt of Sri Lanka)

Bangladeshi knitters concerned about income tax increase proposal

Date: 26/08/2010

Knitwear manufacturers of Bangladesh have criticised the proposed budget for the next fiscal year as it has proposed a higher income tax at source on the exporters. "This type of measure would be catastrophic for the sectors especially for the apparel sector," said Fazlul Hoque, president of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA). "If 1% income tax at source is impo...[Full Text]

Knitwear manufacturers of Bangladesh proposed to raise the tax at source for exporters to 1% from the existing 0.25%

India expects textile and apparel exports to reach US$24 billion in 2010-11

Date: 25/08/2010

India's government anticipated textile and apparel exports overseas may reach US$24 billion in 2010-11. "In 2009-10, our textiles exports are estimated at US$20 billion due to the global economic crisis. We expect exports to be US$24 billion for the current fiscal," said the Textile Ministry of India. However, helping hand from the government is needed in order to meet the target, according t...[Full Text]

India expects textile and apparel exports to US$24 billion in the fiscal year of 2010-11

Oerlikon Barmag consultants assist Indian users in operation optimization

Date: 25/08/2010

The Oerlikon Barmag Service Station in Baroda has been offering, in recent months, intensive consulting services for its customers with regard to production processes.During the two- to three-day visits, process, electrical and mechanical engineers check the customers' facilities from the ground up. Following this, the Oerlikon Textile India specialists provide information on how to improve pro...[Full Text]

Sri Lankan producer to reduce 30% carbon emissions by 2012

Date: 18/08/2010

Sri Lanka's largest apparel exporter, Brandix Group, reported that its efforts in the past two years have resulted in an annual carbon footprint reduction by 7% by the end of this March.The company said it is on the track with the previously announced initiative that aimed to reduce 30% of the company's carbon footprint by 2012.Brandix Group said investments over the past two years to reduce Gr...[Full Text]

New wage levels agreed in Bangladesh

Date: 13/08/2010

Workers in the Bangladeshi apparel industry were able to demand a higher level of wages. After a short period of dispute, workers in the apparel industry were able to reach consensus at a meeting with ministers, lawmakers, chamber leaders and apparel factory owners at the BGMEA office in Dhaka. Following the agreement made by labour leaders of 42 organisations to the new wage structure, workers...[Full Text]

New monthly wage at Tk 3,000 (around US$43) will be given to an entry-level worker in Bangladesh

Minimum wage of Cambodian apparel workers increases

Date: 12/08/2010

The Cambodian Labour Advisory Committee (LAC) hosted a meeting to discuss a new minimum wage for the garment and shoe industry this July. The committee members agreed with the government's recommendation to increase the minimum wage for regular workers by US$5, from the current US$50 per month. Probationary workers will also see their current US$45 per month increase by the same amount.The LAC ...[Full Text]

Monthly minimum wage of Cambodian apparel workers will increase by US$5 starting October (Photo: USAID)

Singapore to host Asian textile machinery show this November

Date: 06/08/2010

Pakistan approves polyester fibre import duty increase

Date: 06/08/2010

Most selected articles in this column

1.	Italian sportswear brand enters Indian market with Reliance
2.	Amann Group to display technical threads and more at Intertextile Shanghai
3.	India expects textile and apparel exports to reach US$24 billion in 2010-11
4.	Rieter highlights advanced ring spinning technologies
5.	Shaw installs 1 billion square feet of EcoWorx
6.	Pakistan urged to take preventive measures to save cotton crops
7.	Chinese total domestic consumption rose 18.2% in first 7 months
8.	More designers to show their ethical apparel designs in London
9.	Intertextile Shanghai Home Textiles to attract buyers with new product zones
10.	Chinese chemical fiber sector estimated to rise 10%

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The 11th China (Qingdao) International Textile Machinery Fair 15/09 - 17/09/2010 ， Qingdao, Shandong , P R China	Guangdong International Tourism Exhibition 2010 25/09 - 28/09/2010 ， Guangzhou , P R China

The 13th International Exhibition on Electric Power Equipment and Technology / The 6th International Exhibition on Electrical Engineering, Electrical Equipment and Contractors' Supplies 19/10 - 21/10/2010 ， Beijing , P R China	2010 International Exhibition on Energy Conservation, Environmental Power Technology and Renewable Energy 19/10 - 21/10/2010 ， Beijing , P R China

2010 International Exhibition on Electric Power Automation Equipment & Technology 19/10 - 21/10/2010 ， Beijing , P R China	The 12th Dongguan China Shoes. China Shoetec Incorporating China Bags Zone 28/10 - 30/10/2010 ， Dongguan, Guangdong , P R China

The 25th World Battery, Hybrid and Fuel Cell Electric Vehicle Symposium & Exposition 05/11 - 08/11/2010 ， Shenzhen , P R China	The 7th China Fiberglass Composite Materials Expo 08/11 - 10/11/2010 ， Shanghai , P R China

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