Asia News

Vietnam: US imposes 46% reciprocal tariff on Vietnam17-04-2025

Vietnam: US imposes 46% reciprocal tariff on Vietnam

US President Donald Trump has officially announced reciprocal tariffs on multiple economies, with Vietnam facing the highest rate of up to 46%.
This move has sent shock waves through the global economy and poses significant challenges for Vi...

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ITMA ASIA + CITME, SINGAPORE 2025 LAUNCHES ONLINE VISITOR REGISTRATION

Online visitor registration for ITMA ASIA + CITME, Singapore 2025 which will be held from 28 to 31 October 2025 is now open with early registrants enjoying a 50% discount from the onsite rates.
Visitors who purchase their badge online will ...

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Thailand: Archoma addresses wastewater issue

Archroma has successfully implemented a membrane and oxidation-based Zero Liquid Discharge (ZLD) system at its dyestuffs manufacturing plant in Mahachai, Thailand.
The ZLD solution was designed and built by Gradiant, headquartered in Woburn,...

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Japan: Sailing out in front with Shima Seiki’s P-CAM

The 470-class yacht sail manufactured by North Sails Japan is used by leading teams around the world, with an approximately 80% of the global market. These sails contributed to the success of the Gold, Silver and Bronze Medal winning yacht team...

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Hong Kong: Mainland partnerships for HKRITA

The Hong Kong Research Institute of Textiles and Apparel Association (HKRITA) has recently made new agreements with two mainland partners – the China Textile Academy (CTA) and sportswear leader Anta Group – aimed at pooling expertise and r...

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Taiwan: ECI Elastic launches 100% recycled Fancy yarn

E.C.I. Elastic Co., Ltd., a global producer of elastic and non-elastic tapes, has introduced Fancy Yarn, a new textile material crafted entirely from recycled waste yarn. This innovative product reflects the company’s ongoing dedication to su...

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Nepal: Kathmandu unveils carbon capture technology activewear

Kathmandu has taken a bold step in sustainable fashion with the launch of its Seeker range, an innovative activewear collection that merges eco-friendly advancements with functional design. Unlike typical recycled polyester apparel, Seeker inco...

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Vietnam: Garment-textile industry stitching a greener, smarter future

Vietnam, the world’s second largest garment-textile exporter, is betting on green fabric to cement its place in the global supply chain.
According to Chairman of the Vietnam Textile and Apparel Association (VITAS) Vu Duc Giang, many Vietna...

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Vietnam: US imposes 46% reciprocal tariff on Vietnam

US President Donald Trump has officially announced reciprocal tariffs on multiple economies, with Vietnam facing the highest rate of up to 46%.
This move has sent shock waves through the global economy and poses significant challenges for Vi...

read more

China: ‘Market has spoken,’ rebukes US tariffs after global rout

Global financial markets lost $5 trillion in value after US President Donald Trump imposed sweeping new tariffs on Chinese goods, drawing retaliation from Beijing and rattling economies worldwide.
Trump raised levies on Chinese imports by 34...

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China: Zara's new Asian flagship store opens in Nanjing

Zara opened its new Asian flagship store in Nanjing's Xinjiekou, covering a retail area of over 2,500 square meters. The store features the first Zacaffè and automated conveyor system in the Asian market, as well as the world's first Zara self...

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China: Fiscal revenue down 1.6% in first two months

China's fiscal revenue dipped 1.6 percent year-on-year to nearly 4.39 trillion yuan ($611.59 billion) in the first two months of the year, according to data from the Ministry of Finance.
The central government collected nearly 1.95 trillion ...

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Pakistan: APTMA urges PM to revise gas pricing policy for textile sector

The All Pakistan Textile Mills Association (APTMA) has urged Prime Minister Shehbaz Sharif to ensure a market-driven gas pricing structure for captive power users in the textile sector. The association has requested gas supply at ring-fenced Re...

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Pakistan: Textile exports remain flattish YoY, down 16% MoM

Pakistan’s textile exports clocked in at $1.4 billion in February 2025, showing a flattish trend year-on-year (YoY) primarily driven by a 20% decline in basic textiles, while down 16% month-on-month (MoM).
This marks the first flattish Yo...

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Pakistan: Textile exports to be badly hit by new US 29% tariff

The recent imposition of a 29% tariff by the United States on Pakistan’s exports is expected to significantly impact the country’s already struggling textile sector and exacerbate existing economic challenges. The tariff, part of a broader ...

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Pakistan: Huge setback for industry after 29 per cent tariff hit from US

The Trump administration has imposed a 29 per cent tariff on goods that the United States (US) imports from Pakistan, prompting experts to weigh in on the short and long-term impacts of the latest reciprocal response to Islamabad’s 58 per cen...

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Bangladesh: RMG exports to US jump by 46pc in January

Ready-made garment (RMG) exports to the United States have bounced back with a 45.93 per cent year-on-year growth in January.
The growth rate is the highest among major exporting nations, including China, Vietnam, Indonesia, and India.
...

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Bangladesh: Purchase orders may drop by 20–30pc amid US reciprocal tariffs

Shovon Islam, managing director of leading garment exporter Sparrow Group of Industries, held meetings with three buyer companies in the United States last month. The US buyers separately expressed their positive mindset in shifting women’s c...

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Bangladesh: Manufacturers say US tariffs 'massive blow' to textile industry

Bangladeshi textile industry leaders said that US tariffs posed a "massive blow" to the world's second-largest garment manufacturer, which accounts for some 80 percent of the South Asian nation's exports.
"Buyers will go to other cost-compet...

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