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Textile exports register over 11 percent increase in May 2024

Pakistan’s total textile exports increased by 11.27 percent YoY to $1.48bn in May 2024 compared to $1.33bn in May 2023, according to the...

The EI report indicates that global energy consumption reached an unprecedented peak

Global primary energy consumption surged to a record high, reaching 620 exajoules (EJ), marking a 2% increase, driven predominantly...

South Korea and Germany strengthen economic ties and enhance industrial cooperation

South Korea's Minister of Trade, Industry, and Energy, Dukgeun Ahn, met with Germany's Vice Chancellor and Federal Minister for...

Global EPR policies key in tackling textile waste: Report

Fashion and textile waste is a pressing global challenge, demanding robust extended producer responsibility (EPR) policies and collaborative efforts,...

India and China are among the top five countries that together supply 80% of PSF to the US

In the first quarter of this year, the United States imported polyester staple fibre (PSF) valued at $142.821 million...

World Bank grants $275 million credit to enhance Cambodia’s economic expansion

The World Bank's Board of Directors has greenlit a substantial $275 million credit package aimed at bolstering Cambodia's long-term...

US urges china for enhanced exchange rate policy transparency

The US Department of the Treasury's semi-annual report to Congress on macroeconomic and foreign exchange policies of major trading...

IMF projects a challenging medium-term outlook for the euro area

The International Monetary Fund (IMF) expects a moderate increase in growth in the euro area this year, strengthening further...

Imports of clothing and textiles in Japan increased by 16%

In May 2024, Japan experienced notable shifts in its import and export activities within the textile and apparel sectors,...

Unleashing creativity with Wilcom’s 3D puff embroidery webinar

Wilcom provides the ultimate embroidery software for professional digitizers, embroidery shops, industry educators, apparel decorators and hobbyists. From intricate designs...

The likelihood of a recession in the US remains higher than the historical average, according to S&P Global

S&P Global projects a 25-30 percent chance of a US recession occurring within the next 12 months, a probability...

The German economy is displaying signs of improvement as inflation begins to ease

The German economy is slowly emerging from the crisis, as projected by the ifo Institute. Price-adjusted gross domestic product...

Next-generation plant-based fibers, innovative material for the next generation

PlaXTM gradually decomposes to the extent that it does not interfere with durability (at the molecular level), secreting lactic...

The business situation continues to stagnate, casting a shadow on year-end expectations

The May 2024 ITMF Global Textile Industry Survey (GTIS) indicates a continued stagnation in the textile business climate, with...

New cost-benefit champion in glass processing

KARL MAYER Technische Textilien launches the new MAX GLASS ECO, a highly economical composite machine with a focus on...

The missing piece in compact yarn spinning

YarnMaster® PRISMA releases its Compactness feature and empowers precision in yarn compactness monitoring. The Compactness feature is poised to become...

From lab to label: The chemistry between production annd catwalks is finally right

The textile industry is taking a great step forward in sustainable practices as bluesign and SCTI donate the pioneering...

Dilo Temafa successfully sells line extension to Eco-Technilin 

Dilo Temafa, a leading specialist in machinery and equipment for fibre preparation and natural fibre processing, is pleased to...

Rieter to install world’s first complete air-jet spinning system with J 70 technology

Guangxi Baisheng Textile Co., Ltd. signed an agreement with Rieter to implement the world’s first complete spinning process using...

Global cotton scenario this week

The Spot Rate Committee of the Karachi Cotton Association (KCA) reduced the spot rate of cotton of the new crop of...

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Textile exports register over 11 percent increase in May 2024

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Pakistan’s total textile exports increased by 11.27 percent YoY to $1.48bn in May 2024 compared to $1.33bn in May 2023, according to the data released by the State Bank...