Asia News

China:Polyester yarn inventory declines

With favorable news on China-US trade war in early December, sales of polyester yarn turned better, promoting the inventory to decline from 14 days to 7 days. Some polyester yarn mills are even short of supply. Accordingly, recycled polyester y...

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China: Chinese textile firm wins acclaim for helping Ethiopia’s export

Chinese textile production firm Antex Group has won praise from among Ethiopians as the east African country moves to strengthen its export sector.
Antex officially started the production of export-oriented textile items inside the premises ...

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Vietnam: FDI firms expand in local textile-garment sector

Vietnam had become increasingly appealing to large foreign investor groups in the textile and garment industry who wanted to seize opportunities when the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect...

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Vietnam: Kraig starts work for spider silk production

Kraig Biocraft Laboratories has announced that the key members of its management and production team have laid the groundwork for the company’s Vietnamese spider silk production initiative. Kraig Biocraft Laboratories is a reporting biotechno...

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Vietnam: Garment-textile export turnover sees highest growth in three years

The garment-textile sector has grossed over 36 billion USD in export turnover this year, up 16.01 percent against the previous year, heard a conference in Hanoi on December 14.
Vu DucGiang, Chairman of the Vietnam Textiles and Apparel Associ...

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Bangladesh: December apparel exports increase 15%

As per latest data released by Bangladesh Export Promotion Bureau, Bangladesh’s apparel exports increased by over 15 per cent in December, plagued by a spate of labor unrest and factory shutdowns. The apparel export receipt stood at over $17....

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Bangladesh: Trade war shifting apparel focus

The trade spat between Washington and Beijing has been prompting more companies to move away from China to avoid US tariffs and sanctions.
Despite being the world’s largest garment exporter, China’s share in global apparent exports came ...

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Bangladesh: Reduces RMG export tax to 0.25%

Bangladesh recently decided to reduce further the rate of source tax on export earnings of readymade garment (RMG) manufacturers by 58 per cent. Finance minister AbulMaal Abdul Muhith conveyed his consent to the National Board of Revenue (NBR) ...

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Bangladesh: RU prof develops eco-friendly technology for textile

A professor of the Department of Applied Chemistry and Chemical Engineering, Rajshahi University (RU), has developed a low cost eco-friendly technology for textile industries of Bangladesh recently. The technology will play a very positive role...

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Pakistan:Knitwear, RMG, bedwear exports increase

As per Pakistan Bureau of Statistics, knitwear exports during first five months of current financial year increased 10.58 per cent compared to the corresponding period of last year. The country exported about 52,171 thousand dozens of knitwear ...

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Pakistan: Archroma Pakistan Wins ‘Employer of The Year’ and ‘CEO of The Year’ Awards

Archroma announced that its Pakistan affiliate has been named “Employer of the Year” in the multinationals segment in a nationwide contest organized by the Employers Federation of Pakistan (EFP), for the third time in a row.
EFP granted ...

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Pakistan: APTMA demands low cost of inputs for Pak cotton farmers

The All Pakistan Textile Mills Association (APTMA) has urged the government to ensure low cost of inputs to cotton farmers, implement a law relating to zoning system to regain cotton are and quickly provide quality cotton seed and extension ser...

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Pakistan: Textile industry committed to achieve $30b exports

The All Pakistan Textile Mills Association (APTMA) has urged Prime Minister Imran Khan to chair regular meetings of the textile industry stakeholders to monitor policy implementation as well as performance in investment and exports, desperately...

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EVFTA pave the way for a wider EU-Southeast Asia trade

The change of climate in Vietnam is causing its inhabitants to shift from agriculturally-rich Mekong Delta to urban areas. As recent government statistics reveals, over 1.7 million residents have relocated out of the vast expanse of fields, riv...

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Bangladesh:Exports of T-shirts to increase

Bangladesh expects to export more number of T-shirts in the coming season due to an extended summer witnessed in the West. The world’s largest cotton T-shirt producer is receiving big work orders and more is expected to come, thanks to global...

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Bangladesh: Exporters against port sharing

Apparel exporters in Bangladesh don’t think sharing seaports with India is a good idea. They feel this will add to congestion. In Bangladesh, it takes about 45 days for execution of an export order, which is 10 to 12 days in China. Due to con...

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Bangladesh: US-China trade war fuels demand for denim

Statistics from the Directorate-General of the European Commission Eurostat reveal Bangladesh denim exports to the EU, during January-August 2018, increased 4.23 per cent to reach Euro 917.14 million compared to the same period last year. The c...

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Singapore: H&M is giving VeChain test run

Singapore based VeChain launched another fashion collaboration a few weeks ago, when it teamed up with high-profile shoe artist SBTG to release Adidas shoes containing NFC chips.
Rumors of a pilot test started to spread on Reddit and Twitter...

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Garment firms move to boost exports to Canada under CPTPP

Vietnamese textile and garment firms are being active in making full use of the opportunities created by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to boost exports to Canada once the deal takes effect in ...

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Vietnam, India eye cooperation in textile

Trade between India and Vietnam in textiles has grown significantly, but there is still huge untapped potential, the Indian consul general in the city has said.
In his opening remarks at a business interaction event titled “Textiles: India...

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Vietnam: Textile suppliers get climate action training

The suppliers in Vietnam textile industry received training on climate action as part of the initiative to transform the textile industry into a more sustainable ‘Made in Vietnam’ sector. The topics covered in the recent workshop include gr...

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Vietnam: Kraig Labs signs agreement to import silkworms

Kraig Biocraft Laboratories, a leading developer of spider silk-based fibres, has signed a key memorandum of understanding with the Institute of Biotechnology – Vietnam Academy of Science and Technology (IoB-VAST) and the Vietnam Sericulture ...

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Sri Lanka:Looks to obtain GSP+ concessions on Indonesian fabric

As per Sri Lanka Apparel Exporters’ Association (SLAEA) chairman Felix Fernando, Sri Lankan Embassy to the European Union (EU) in Brussels recently submitted a proposal to obtain GSP+ concessions on fabric imported from Indonesia. Sri Lanka w...

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Sri Lanka: JAAF launches new logo and website

The Sri Lankan Joint Apparel Association Forum (JAAF) at its 15th Annual General Meeting, launched a new website and logo. The logo contains the face of a lion, an animal symbolic of our culture. Highlighting India’s diversity, the lion’s m...

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China exported textile machines worth $3.4 bn in 2017

The export of textile machines from China in 2017 amounted to $3.4 billion, a significant improvement from $2.98 billion in 2016. It also exported $0.62 billion worth of ancillaries in 2017. China-made textile machinery constitutes one-third of...

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