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1 September 2010 |
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RP eyes EU-GSP for zero-duty garments |
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(Source: mb.com.ph, Bernie Cahiles Magkilat) |
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The Philippines is looking at Europe’s Generalized System of Preferences (EU-GSP) as a fallback position in case the Philippine proposed bill in the US Congress seeking zero preferential duty on the country’s garment exports will not get passed.....Read more
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1 September 2010 |
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Textile workers urged to donate 1-day salary |
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(Source: Daily Times, Karachi)) |
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Federal Minister for Textile Industry Rana Muhammad Farooq Saeed Khan has appealed to all the textile industry workers to share the responsibility of providing relief to over 20 million flood victims by donating their one-day salary. ....Read more |
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| August |
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31 August 2010 |
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Union Seeks to Force Newcastle Factory Owners Back to Work |
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(Source: allafrica.com, Des Latham, Johannesburg) |
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Both the union and factory owners in Newcastle call for emergency government intervention after owners close factory doors citing unreasonable demands by the National Bargaining Council.....Read more
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31 August 2010 |
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Taiwan Targeting China's Fashion Market |
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(Source: abcnews.go.com, Annie Huang) |
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Once known around the world for its cheap garment exports, Taiwan is now seeking to leverage a new opening to the China market to make its mark on the Asian fashion stage.....Read more
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30 August 2010 |
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Textile and garment companies seek ways to retain workers |
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(Source: Saigon-gpdaily.com, My Hanh) |
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Based on its good performance in the past eight months and its business prospect, the textile and garment sector is likely to fulfill its export target of US$10.5 billion this year. However, the sector is facing a shortage of workers, a big problem many companies are seeking ways to resolve.....Read more
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30 August 2010 |
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Pakistan to import 1 million cotton bales from India |
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(Source: sifynews.com) |
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Pakistani spinners have finalised deals with Indian exporters for import of one million bales of cotton since cotton crop has been extensively damaged in the floods that ravaged the country.....Read more
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18 August 2010 |
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Textile body to enhance innovation |
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(Source: Shanghaidaily.com, Shanghai) |
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SHANGHAI established a textile industry association yesterday to enhance competitiveness and boost innovation among the city's garment exporters, which has already attracted 15 leading companies as members.....Read more
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10 August 2010 |
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VDMA sets up Composite Technology Network |
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Innovationintextiles.com, 10 August 2010, Frankfurt |
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Germany’s VDMA (Verband Deutscher Maschinen- und Anlagenbau - German Engineering Federation) has put in place a new network for machinery manufacturers engaged in the development and production of technologies for the manufacture and quality control of composite materials.
......Read more.... |
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9 August 2010 |
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China to Sell 600,000 Tons of Cotton From Stockpiles |
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Bloomberg Businessweek, August 09, 2010 |
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China will auction 600,000 metric tons of cotton from state reserves from Aug. 10 to satisfy demand and stabilize the market, the China Cotton Association said today.
......Read more.... |
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3 August 2010 |
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Increase in policy rate to affect borrowers |
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Source: Daily Times, Razi Syed, Karachi) |
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*Struggling textile sector to face the brunt of increase
Nearly 70 percent of the medium size business sector would have to bear an additional burden of interest rate to banks after increase in 50 basis points in the discount rate by the State Bank of Pakistan (SBP).....Read more
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