With extended Eid-ul-Fitr holidays behind us and approaching weekend ahead of us, both domestic mills as well as the exporters are showing increasing interest in purchasing cotton. Therefore, despite the earlier impression that we would witness a holiday hangover for the remainder of the current week, cotton market is showing a steady to firm disposition with both the exporters and the mills expressing keen and regular interest in buying lint from the current crop (2009-2010).
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LAHORE (September 25 2009): Pakistan textile sector is eyeing hopefully towards the outcome of present visit of President Asif Ali Zardari to the US, as there are strong chances that the US government would take concrete measures on the market access to Pakistan. It may be noted that the President Asif Ali Zardari, besides calling upon the US to fast-track the reimbursement of the outstanding $1.6 billion Coalition Support Fund and the early realisation of the Tokyo pledges, has urged for substa
The Central Regional Minister, Ama Benyiwa-Doe, has expressed government’s readiness to support the garment and textiles industry in the country to grow and contribute to the national economy.
The support, she noted, will be in the form of capacity building, financial empowerment and enabling environment to facilitate their growth. Mrs. Benyiwa-Doe, made the point in a speech read on her behalf at the launch of the National Friday Wear at Agona Swedru in the Agona West Municipality of the Ce
The Chinese and Lithuanian leaders called for enhanced bilateral relations in industrial and commercial sectors at a meeting of Lithuanian and Chinese entrepreneurs on Tuesday.
Addressing the meeting, visiting Chinese Vice Premier Hui Liangyu urged further economic and commercial cooperation between the two sides.
Chinese Vice Minister of Commerce and host of the meeting, Gao Hucheng, pledged that the Chinese government would work more closely with Lithuanians to serve and facilitate t
Chinese home textile companies are lining up for initial public offerings (IPO) this year, said Thursday's China Daily.
Luolai, the Shanghai-based high-end home textile supplier, started its new stock subscription on Wednesday, putting it in the vanguard of those seeking a stock market listing.
The company has set the IPO price at 27.16 yuan (3.88 U.S. dollars) per share. Shares are expected to debut on the Shenzhen bourse around Sept 10,the newspaper said, citing Wu Xianzhong, Luolai'
With the recession in the US and the EU showing signs of slowing down, Nepali garment manufacturers have started to receive fresh inquires and orders from their overseas buyers. The new inquires from the US mean a lot to Nepal's garment industry since it is the largest market for Nepali readymade garments. Inquires from India are also starting to trickle in.
"We've been getting inquires from US buyers of late," said Prashant Pokhrel, president of the Garment Association of Nepal (GAN). The ea
Clothing retailer Cotton On has withdrawn a line of controversial baby clothes after public outcry, several protest groups say.
The Cotton On T-shirts and suits, which featured slogans including "The condom broke" and "They shake me", went on sale in New Zealand last month.
Last week, the T-shirts were removed from Australian shelves and the company said it "recognised that certain references are not appropriate, and will sincerely endeavour to not cross these lines again".
HANOI, Aug. 6 (Xinhua) -- Vietnam's Customs said that the country raked in 440 million U.S. dollars from garment and textileexport to Japan in the first six months this year, a year-on-year increase of 22 percent, the local newspaper Vietnam Economic Timesreported Thursday.
The increase was owed to tax reduction scheme applied on Vietnam's export items to Japan. The scheme was a result of the signing the Vietnam-Japan Economic Partnership Agreement, by the two governments at the end of last
On July 25, Mr. Wang just returned from the outside and saw the notices printed on A4 paper on the gate of District C, Dongsheng Road Market, one was a notice about "the Salesrooms of China Textile City Knitted Fabric Market Attracting Business publicly" released on July 22, and the other was the notice about "Knitted Fabric Market's Business Attraction Temporarily Closed " released on July 25. After reading this, Mr. Wang realized that the business attraction work for the salesrooms on the seco
On July 28, the primary appraisal results of 2009 China Professional Clothes Designers Creative Design Contest undertaken by our county was released. 30 contestants in the short list are eligible to enjoy "the great gift for creation" offered by our county. In mid-August, these contestants will come to Keqiao and source the suitable fabrics for the game after visiting excellent fabric manufacturers.
In March this year, our county cooperating with China Fashion Designers Association and other