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US apparel and textile importers oppose tariff hike on garments from Bangladesh and others
Four major American trade bodies have strongly opposed the suggestion aimed at imposing higher tariffs on apparel items imported...
Textile exports see fourth straight monthly surge in March despite power woes
In the backdrop of high power and energy prices, government data surprisingly revealed that textile exports rose by 3.3...
Global cotton scenario of the week
The Karachi Cotton Association (KCA) after the meeting of its Spot Rate Committee on Thursday decreased the spot rate...
Shabbir Mansha appointed as Chairman Pakistan-China Business Council
Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has appointed Shabbir Mansha...
Sindh pleads for Rs. 11000 per maund phutti support price
The Sindh government has asked the federal government to raise the support price of seed cotton (phutti) to Rs11,000...
Global economic growth to reach 2.8% by 2030 says IMF
Global economic growth will reach a mere 2.8 per cent by 2030, a full percentage point below the historical...
Minimum wage for Bangladeshi textile workers notified
Finally the wage issue of textile workers has been resolved as the government of Bangladesh has announced Tk 10,001 as the...
Global cotton scenario this week
Cotton market in Pakistan remained mostly closed throughout the week due to prolonged Eid holidays. Even otherwise the mills...
US apparel, textile sectors urge united front on illicit trade crackdown
A coalition of US apparel and textile trade bodies is urging the Department of Homeland Security (DHS) to collaborate...
Export of Textile Flock in UK Declines to $31M in 2023
In 2023, exports of textile flock and dust and mill neps from the UK dropped markedly to 4.9K tons,...
Thailand synthetic filament tow exports and staple fibers
In 2023, overseas shipments of synthetic filament tow and staple fibers, not carded or combed increased by 10% to...
Touchpoint textile showcases pioneering textile printing solutions at drupa
By establishing touchpoint textile, drupa has created a special forum to showcase pioneering applications in digital textile printing. The...
Inflation expectations go down in Euro area for February
The perceived inflation rate decreased to 5.5% in February from 6% in January annd became the lowest level since...
Bangladeshi exporters demand refunds to clear workers Eid dues
Fearing potential unrest because of their inability to clear wages and bonuses of workers before Eid, readymade garment entrepreneurs...
Cotton scenario this week
Cotton prices remained firm throughout the week but elusive business volume saw a significant downturn. Domestic cotton stocks are...
Asia’s economy is estimated to grow about 4.5 percent in 2024
According to the Boao Forum for Asia's report, Asia's economy is forecasted to grow by about 4.5% in 2024....
Govt to cut cargo handling charges by 50 percent for exporters at sea ports
The government will halve wharfage charges for exporters at Karachi Port and Port Qasim to help the export sector.This...
Growing cotton output earns 1500 million dollar profit
Cotton plays a key role in driving the country's economy. Due to the efforts of the Agriculture Department, Punjab...
Sourcery joins forces with social enterprise Rizq to pilot impact and assurance programme in Pakistan
Sourcery announced today its partnership with Rizq, a social enterprise in Pakistan that is focused on food security and sustainable...
German textile trade confidence rises in March 2024
German companies witnessed a notable improvement in sentiment, with the ifo Business Climate Index rising to 87.8 points from...
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Foreign investment resurgence energizes Vietnam’s textile and apparel industry
Vietnam's textile and apparel sector is experiencing a resurgence in Foreign Direct Investment (FDI), signaling positive growth prospects for the industry. Over recent years,...
