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APTMA asks for revision of IPP’s agreements

Chairman All Pakistan Textile Mill Association (APTMA) North Kamran Arshad has urged the government to revise agreements with Independent...

UNECE measures to reduce environmental and social impact of secondhand clothing exports

The United Nations Economic Commission for Europe (UNECE) and the United Nations Economic Commission for Latin America and the...

EU’s deforestation regulation to challenge global textiles industry

The European Union's Deforestation Regulation (EUDR), which came into force in June 2023, aims to curb deforestation linked to...

Turkey’s textile industry faces ongoing challenges amid 2024 sales hopes

Despite hopes for increased sales in 2024 due to its proximity to the EU, Turkey's textile industry continues to...

Bureaucratic procedures, import restrictions undermine Indian garment export

The Global Trade Research Initiative in report has stated that at the root of the exporters' problem is difficulty...

As textile exports remained stagnant industry players fear decline this fiscal

Textile and clothing exports posted a modest growth of 0.93 per cent in FY24, indicating that the sector may...

EU has granted approval for cumulation between Sri Lanka and Indonesia concerning textiles

The European Commission has granted groundbreaking approval for regional cumulation between Sri Lanka and Indonesia, focusing specifically on selected...

Rieter reports strong growth in order intake in the first half of 2024

In the first half of 2024, the Rieter Group posted an order intake of CHF 403.4 million (first half...

Rising shipping costs hit global trade hard

The effects of restrictions on shipping in the Red Sea and Panama Canal are being felt around the world....

Türkiye defies downturn in global trade with increased exports

Exports worldwide declined modestly in the first quarter of the year, while Türkiye managed to buck the trend with...

Knitwear and garment exporters ask Government to revisit shift from FTR to Standard Taxation

Expressing serious concern over the Finance Act 2024, the value-added textile exporters have urged the government to revisit the...

EU plan to impose import duty on cheap goods to end tax loophole exploited by Chinese brands

Following steps taken by the United States to check cheap textile imports the EU is also moving forward with...

Higher imports and lower exports widen trade gap widens in Bangladesh

Bangladesh’s exports that are led by textiles and readymade garments continue to remain under severe stress, dropping by a...

CCP approves Gatron Industries Ltd and Nova Frontiers Ltd merger

The Competition Commission of Pakistan (CCP) has given the green light for a significant merger in the textile yarn...

Interloop plans to new investments in hosiery, denim, yarn dyeing and renewable energy

Interloop Limited (ILP), one of the leading Pakistani textile exporters, has approved expansion plans with an investment of $92.1...

Pakistani ginners go on strike against new taxes and power hike

Cotton ginners across the country have gone on an indefinite strike to protest against new taxes and rise in...

Leading US jeans brand accused of union busting

The Worker Rights Consortium’s (WRC) latest factory investigations regret that brand labor standards are meaningless if they’re not enforced. The...

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...

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...

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...

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Efforts to revive Kani shawl supported by UNESCO

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From the delicate artistry of shawl weaving to the intricate carvings on walnut wood, the city’s artisans have been breathing life into stunning creations...