Category: General

04 JAN

Garment Exports Continue to Fall

Garment Exports Continue to Fall
Himalayan Times, Nepal
THT Online
Kathmandu, January 4:

The sorry state of the Nepali readymade garment exports to the United States continues with a decline of about six per cent in 2014, compared to last year.
This fall in exports to the US, the single largest market of Nepali garment and apparel products that absorbs about 85 per cent of the total exports, is somewhat of a relief compared to the whopping decline of over 41 per cent in 2005 and 30 per cent in 2004. Read more about Garment Exports Continue to Fall …

03 JAN

Ethiopia: Turkish Textile Industry Relocates Garment Factory to Ethiopia

Ethiopia: Turkish Textile Industry Relocates Garment Factory to Ethiopia
AllAfrica.com, Washington
ENA
Addis Ababa

One of the largest Turkish textile factories, AYKA Textile Industry and Trade Incorporated, founded in 1988 in Istanbul has started relocating its garment factory to Ethiopia, beginning last month, Fortune, weekly English tabloid said Sunday.

It is hoping that cheap labour force as well as nominal taxes and investment incentives the Federal Government has provided to the textile sector would make it remain internationally competitive, the newspaper said Read more about Ethiopia: Turkish Textile Industry Relocates Garment Factory to Ethiopia …

02 JAN

Macau : Textile & garment exports grow 0.4% in Nov

Macau : Textile & garment exports grow 0.4% in Nov
January 1, 2014
Fibre2fashion.com, India

Information from Macau – Statistics and Census Service indicated that, in November 2014, Macao’s total value of exports amounted to MOP1.45 billion, down 33.2% over the same month of 2005. Among this, the value of domestic exports dropped 42.0% to MOP908 million, and the value of re-exports decreased 10.5% to MOP544 million. Total value of imports amounted to MOP3.25 billion, up 9.8% over the same period of 2005. A trade deficit of MOP1.80 billion was recorded Read more about Macau : Textile & garment exports grow 0.4% in Nov …

02 JAN

Huge fire erupts in garment factory

Huge fire erupts in garment factory
The News – International, Pakistan
By By our correspondent
1/2/2014
Karachi

A huge fire broke out at a garment-towel factory situated in Gabol Town on Tuesday morning, which completely gutted the whole factory causing loss of millions of rupees. In the fire ten firemen became unconscious due to heavy chemicals in the factory, while the chief fire officer claimed that the fire was caused due to the negligence of the staff working there. Read more about Huge fire erupts in garment factory …

02 JAN

Garment exporters worst hit due to rupee appreciation

Garment exporters worst hit due to rupee appreciation
Financial Express, India

New Delhi, Dec 31 The garment industry was the major sufferer of all the domestic industrial segments because of the continued appreciation of rupee in dollar term that is almost 13% during 2014.

Despite announcemnt of various sops such as expansion of technology upgradation fund (TUF) for the next five years and the increase in DEPB rates by the government, readymade garment exporters were worst hit by the phenomenon vis-a-vis their competitors in international market. Read more about Garment exporters worst hit due to rupee appreciation …

02 JAN

Decreasing textile, garment exports drive down Macao's export value

Decreasing textile, garment exports drive down Macao’s export value
www.chinaview.cn 2014-12-31 18:45:55
Xinhua, China

MACAO, Dec. 31 (Xinhua) — Macao’s total export value during the first 11 months of 2014 dropped by 1.4 percent year-on-year, as its textile and garment export value, accounting for 65.4 percent of the total, decreased by 11 percent, according to official statistics released on Monday.

Information from the government’s Statistics and Census Service(SCS) indicated that the total export value amounted to 18.6 billion patacas (2.3 billion U.S. dollars) during the January-to- November period, while the value of imports grew by 18.5 percent to 39.29 billion patacas (4.9 billion U.S. dollars), bringing about a trade deficit of 20.68 billion patacas (2.6 billion U.S. dollars). Read more about Decreasing textile, garment exports drive down Macao's export value …

02 JAN

FTA with Japan comes as boon for textile & garment exporters


Fibre2fashion.com, India
A free trade agreement which was signed last week with Japan is expected to come as a boon to Vietnamese exporters in these difficult times. At a press conference to announce the pact, Phan Rue, head of the Vietnamese delegation at the talks said that this agreement will offer both countries opportunities to increase their bi-lateral trade.
Read more about FTA with Japan comes as boon for textile & garment exporters …

02 APR

Finding her roots in jewelry

Finding her roots in jewelry
Chester Daily Local Online, PA

Ree Gallagher spends most of her days haloed by her studio lights as she weaves and spins bright-colored aluminum, cuts and welds sterling silver and gold, and loops strings of precious stones and fresh water pearls.
The Chadds Ford resident sees each of her pieces as a sculpture, a piece of art she has created by hand from her own designs.
Historically, Gallagher explained, jewelry has been worn to attract the attention of others into one‘s space. Her earrings, bracelets, necklaces and pendants are designed to do just that. Read more about Finding her roots in jewelry …