Category: General

Garment and textiles exports hit almost US$5 billion
Vietnam Economic Times, Vietnam
VNECONOMY updated: 07/11/2014

Garment and textiles fetched US$530 million in October, brining the total export turnover of the staple in the first ten months of this year to US$4.96 billion, the Trade Ministry reports.

The ministry forecasts that the country’s garment and textiles export value would reach US$5.9 billion by the end of this year. Read more about Garment and textiles exports hit almost US$5 billion …

Balita.org, UK
PEKALONGAN, C. JAVA, Nov. 6 — The Association of Indonesian Batik Cooperatives (GKBI) in Pekalongan, Central Java, urged the Trade Ministry to ban the coming of Chinese batik products to Indonesia to protect the domestic market products.
Read more about GKBI urges trade ministry to ban imported Chinese batik …

Garment exporters moving out of Delhi
APPRECIATING RUPEE TAKES ITS TOLL
Business Standard, India
Rupesh Janve / New Delhi November 07, 2014

Unable to sustain export growth owing to the strengthening rupee, garment and apparel manufacturing companies are leasing their factory space in Delhi to others and re-locating to cheaper locations like Manesar and Faridabad.

Companies have complained that their order book has declined 40 per cent and profitability 10 to 15 per cent as a result of the appreciating rupee, making it increasingly difficult to pay workers. Read more about Garment exporters moving out of Delhi …

Turkish Apparel And Garment Fair In Amsterdam
Anatolian Times, Turkey

AMASTERDAN – Several Turkish textile companies which are brandnames in Turkey, will be exhibiting their creations in a fair organised in Amsterdam.

20 textile companies from Istanbul, Izmir, Denizli and Antalya will participate in the fair to be held in Amsterdam’s “World Fashion Centre”.
Turkish Apparel and Garment Producers will display their latest fashion designs in the fair which was opened today . Read more about Turkish Apparel And Garment Fair In Amsterdam …

Garment exporters in Haryana bear Re rise brunt
Moneycontrol.com, Indi

Gurgaon,near Delhi, in Haryana has one of the largest clusters of garment exporters in India. It has been hit by a triple whammy. The steep rise of the rupee, coupled with a us retail slowdown has been compounded by a sharp rise in minimum wages.

This factory has been afflicted by Dutch disease, the term economists use to describe exports becoming uncompetitive because of currency appreciation. Modelama still has six plants operating in Gurgaon, but has closed down one in nearly Manesar, laying off about 1000 workers. And it has put its expansion plans on hold as well and so have others like him Read more about Garment exporters in Haryana bear Re rise brunt …

BusinessWeek –
India’s falling currency should have boosted the textile industry, but slower global consumption and higher input costs are weighing it do
By Nandini Lakshman
Read more about Indian Textiles: Weaker Rupee Is No Help …

Pakistan will review taxation and tariff related issues for garment units in EPZs
Khaleej Times, United Arab Emirates

ISLAMABAD — Pakistan government has decided to review all taxation and tariff related issues including the Research and Development support for garment units in Export Promotion Zones (EPZs) to attract foreign investment in the country.

Official sources said that the existing taxation and tariff related issues will be comprehensively examined in consultation with ministry of commerce and Central Board of Revenue (CBR) and the case will be submitted to the prime minister for his consideration Read more about Pakistan will review taxation and tariff related issues for garment units in EPZs …

Diploma course in garment manufacturing
Chennai Online, India

Coimbatore, Nov 5: Tamil Nadu MBC and DNC Welfare Department is sponsoring BC/MBC/DNC students for the one-year diploma course in knit garment manufacturing technology conducted by the Apparel Training and Design Centre (ATDC), Tirupur.

Eligible candidates of BC/MBC/DNC community between the age of 18 and 30 and passed Plus Two/degree and with a family income less than Rs 50,000 per annum may attend the walk-in interview at the Tirupur centre at 10 a.m. on November 10. Read more about Diploma course in garment manufacturing …

New Vision, Uganda
RICHARD Ozelle is a youthful, progressive cotton farmer in Nyamasoga village, in Biiso sub-county in Buliisa district.

He started growing cotton after the death of his father four years ago to make ends meet. Ozelle said he started with an acre of land and gradually increased the acreage to two-and- a half acres after he got good yields.
Read more about Cotton growing has doubled my fortunes – Buliisa farmer …

Garment export to US records 46 pc plunge
Kantipur Online, Nepal
Kantipur Report

KATHMANDU, Nov 4 – Export of readymade garment to the US has plunged by a whopping 46 percent in the first 10 months of 2014 compared to same period last year, as companies hit by labor stir and eroding competitiveness, failed to lure international buyers.
According to the statistics of Garment Association Nepal (GAN), Nepali readymade garment exports valued mere US $ 22.92 million over the first 10 months of the year, whereas it was US $ 42.41 million in the same period last year. Read more about Garment export to US records 46 pc plunge …