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Friday, April 26, 2024

Trade

Bangladesh seeks duty-free US market access amid labour rights focus

During the recent Trade and Investment Cooperation Forum Agreement (TICFA) Council meeting, Bangladesh advocated for duty-free and quota-free access...

March 2024 witnessed a decrease in Germany’s exports to Non-EU countries

In March 2024, Germany experienced a notable decline in its exports to non-EU nations, marking a shift in its...

Current challenges facing the Turkish textile market

Textile companies and manufacturers in Türkiye said they are adapting to the evolving norms and dynamics of the Western...

ITCPE 2024: Heat Transfer Printing Machinery Exhibitors

With continuous innovation and the growing trend of personalized consumption, heat transfer printing has become an emerging process for...

Bankruptcy scare hit to RMG exporters from Bangladesh

US retailer Express, which outsources its garments to the tune of $100 million from 12-14 top Bangladeshi RMG manufacturers has filed for...

Textile exports see surge in the fourth straight month this year

The textile exports continued their consecutive surge for the fourth month in March 2024, albeit with a slight moderation...

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...

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...

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...

Textile landscape in Morocco stands at a critical juncture

A study conducted by the French association Evalliance sheds light on Morocco’s notable position as the third-highest minimum wage earner...

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...

Nigerian textile industry overwhelmed by imports

The Nigerian textile industry is on the decline as it continues to lose market to imports that have increased...

Strengthening rupee forces exporters to sell their dollars

Banks are experiencing a surplus of dollars, driven by exporters swiftly selling their earnings in anticipation of further depreciation...

Bangladesh lose RMG export in the US market both in value and volume

Bangladesh’s apparel export to the US, the largest export destination for Bangladesh, in January-February of 2024 fell by 19.24...

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...

Myanmar sets goal to achieve $16.5 bn in exports for the year 2024

Myanmar aims for $16.5 billion in exports and $16 billion in imports for FY24, according to the Ministry of...

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Foreign investment resurgence energizes Vietnam’s textile and apparel industry

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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,...