Garment exports from Sri Lanka reached $4,244.3 million
during the first eleven months of 2024, reflecting
a 5.2 per cent increase compared to the $4,032.9 million
exported during the same period the previous year, according
to stat...

China’s retail sales value of consumer goods totaled
4.3763 trillion Yuan in Nov 2024, up 3% year on year.
In Jan-Nov 2024, the cumulative retail sales of consumer
goods amounted to 44.2723 trillion Yuan, up 3.5% year on
year.
...

China’s GDP growth target for 2025 could be set at
around 5 percent, unchanged from this year, after
a top-level meeting outlined more proactive and effective
macroeconomic policies for the coming year, to tackle
various challenge...

According to the Vietnam Textile and Apparel Association,
the textile and garment sector achieved $44 billion
in exports last year, an increase of 11 per cent on-year. The
US remains Vietnam’s largest export market, with turnover
...

Vietnam’s garment and textiles export is projected to hit
nearly 44 billion USD this year, positioning the country
as the world’s second biggest exporter, only behind India, said
General Director of the Vietnam National Textile and...

According to the report released by the MoIT, the figure
is higher than the forecast of $22 billion made by
Google, Temasek, and Bain & Company in the ‘e-Conomy
SEA 2024’ report. Vietnam’s e-commerce market ranks
third in ...

Cotton arrivals in Pakistan have continued to dwindle
as the ongoing season progresses, deepening concerns
for the country’s textile value chain and leaving farmers in
a precarious position. With recovery prospects appearing
incre...

Vietnam’s garment-textile export value was expected to
reach 44 billion U.S. dollars in 2024, marking an 11.26
percent increase from 2023, local media reported.
The country’s garment-textile import turnover was
anticipated to re...

Pakistan’s textile industry, which was once poised to
achieve higher export earnings, started to lose its momentum.
2024 has been a challenging year for this crucial
sector, often referred to as the backbone of the nation’s
indu...

Automation in Bangladesh’s ready-made garment
(RMG) sector has led to a 30.58% reduction in the
total workforce across production processes, with helpers
being the most affected group, according to a recent study.
The report revea...

Bangladesh experienced a substantial year-on-year increase
of 33.8% in October 2024, marking the strongest
growth recorded in the first 10 months of the year, according
to the data.
The EU imported apparel worth €1.75 billion from...

Bangladesh’s exports saw a growth of 11.76% in 5 months
from Ju ly-November of FY2024-25 compared to the
same period of the previous fiscal year. According to the data
of the Export Promotion Bureau (EPB), Bangladesh exported
good...

Cyclo, a Bangladeshi textile recycling mill, is advancing
closed-loop production by entering the global denim
market with fabrics boasting up to 95% Cyclo recycled cotton.
This move aligns with its mission to promote sustainability in<...

Bangladesh’s exports hit $50 billion in 2024, buoyed by a
sharp December spike, providing the much-anticipated
breather for an economy facing multiple headwinds, including
external account pressures.
Exports grew 8.3 percent year-...

Two new factories in Bangladesh have achieved Leadership
in Energy and Environmental Design (LEED)
certification from the United States Green Building
Council (USGBC), as reported by the Bangladesh Garment
Manufacturers and Exporter...