Author: Indonesia Grament

12 NOV

Weaving Success! Small sops won’t do; textiles need more

Weaving Success! Small sops won’t do; textiles need more
Saipan Tribune, Micronesia

The recently announced sops — marginal increase in DEPB and drawback rates — can hardly reverse the declining trend in textile and garment exports. Nor would the commerce ministry’s comparatively more useful proposal to neutralise state-level taxes in export content, which the Cabinet is expected to consider shortly.

Indian textile industry’s principal handicap is that its synthetic raw material base (prices) is globally uncompetitive. If this problem is squarely addressed, then the exporters would even withstand rupee’s appreciation to a considerable extent Read more about Weaving Success! Small sops won’t do; textiles need more …

12 NOV

2 more garment factories shutting down

2 more garment factories shutting down
Saipan Tribune, Micronesia
By Ferdie de la Torre
Reporter

Two more garment manufacturers-L&S Apparel Inc. and Jin Apparel Inc.-are shutting down operations on Saipan by next month and in March 2014.

Saipan Tribune learned that L&S Apparel and Jin Apparel submitted on Nov. 2 and Oct. 31 respectively their formal notice to the Department of Labor about their intention to close and suspend business operations.

The closures will affect hundreds of alien workers, mostly Chinese, and some locals and Filipinos Read more about 2 more garment factories shutting down …

10 NOV

Govt determines to make textile industry a vibrant and dynamic sector of the economy: Advisor


Online – International News Network, Pakistan

ISLAMABAD: Advisor to the Prime Minister on Textile Dr. Mirza Ikhtiar Baig has said that the textile industry is playing a major contribution in the development of the national economy and government is planning many new measures to further improve the performance of textile industry to make it a vibrant and dynamic sector of the economy.
Read more about Govt determines to make textile industry a vibrant and dynamic sector of the economy: Advisor …

10 NOV

Garment industry sews up exports

Garment industry sews up exports
Viet Nam News, Vietnam

HA NOI — The garment industry is on track to earn US$5.9 billion in exports by the end of this year, $1 billion higher than in the previous year, forecasted the Viet Nam Textile and Apparel Association.

The prediction reflected the fact that garment exports fetched $4.96 billion in the first 10 months of this year, the association said. Read more about Garment industry sews up exports …

09 NOV

LABOUR-SRI LANKA: Inflation Wears Garment Industry Thin

LABOUR-SRI LANKA: Inflation Wears Garment Industry Thin
IPS, Italy
By Feizal Samath

COLOMBO, Nov 8 (IPS) – Thousands of garment workers, mostly young women from rural Sri Lanka, are clamouring for better wages in a campaign that could trigger a mass fallout in the industry, and a possible shift in production to other countries where costs are cheaper.

Workers like Chrishanthi (one name), a 23-year-old employed in a garment factory at the Katunayake Free Trade Zone near Colombo, say living costs are rising sharply and they cannot make both ends meet. “A coconut costs 30 Lankan rupees (25 US cents) and a loaf of bread is 35 rupees (30 cents). This month the grocery bill was LKR 3,888 (35.2 dollars). Unless there is a salary increase by at least LKR 2,500 (22.6 dollars) per month, we will have to resign and go home,” she said. Read more about LABOUR-SRI LANKA: Inflation Wears Garment Industry Thin …

09 NOV

Munson OKs $290,000 in ATC Garment settlement

Munson OKs $290,000 in ATC Garment settlement
Saipan Tribune, Micronesi
By Ferdie de la Torre
Reporter

The federal court has approved a settlement that will enable the bankrupt garment factory Advance Textile Corp. to receive a total of $290,000 from an insurance company and former ATC officials.

U.S. District Court for the NMI Chief Judge Alex R. Munson granted ATC’s Chapter 7 bankruptcy trustee Robert J. Steffy Sr.’s motion to approve the settlement between the trustee and FirstNet Insurance Co. in the amount of $175,000. Read more about Munson OKs $290,000 in ATC Garment settlement …

09 NOV

Lingerie firm signs up Girls aloud star

Lingerie firm signs up Girls aloud star
This is London, UK

Girls Aloud singer Sarah Harding was today unveiled as the new face of lingerie line Ultimo.
The pop star follows in the footsteps of models Rachel Hunter, Penny Lancaster and Helena Christensen in representing the brand.
She said she was “honoured and excited” to be modelling for Glasgow-based entrepreneur Michelle Mone, creator of the range. Read more about Lingerie firm signs up Girls aloud star …