Thai garment exporters are looking to Japan as a "survival market" as shipments to other key markets decline in the wake of the global economic crisis. The Thai Garment Manufacturers Association (TGMA) is targeting a 5-per-cent share of Japan's garment import market next year -- a sharp rise from ...

Trade analysts advise govt on recession risks Trade experts yesterday advised the government to aggressively negotiate with the Obama administration to obtain duty-free and quota-free access for Bangladeshi goods to the US. “This is the time to chalk out details with the Obama administration,” Dr Debapriya Bhattacharya, a distinguished fellow ...

The five per cent duty incentive and rupee depreciation against the dollar seem to have revived cotton exports in the last three months. Of the total cotton exports of 9.5 lakh bales till March 31, about 5.97 lakh bales have been shipped in the first quarter of the calendar year 2009, ...

As part of the International Year of Natural Fibres 2009, the Indian Council of Agricultural Research (ICAR) is organising an in international conference at the Mumbai-based Central Institute for Research on Cotton Technology. To be held in Mumbai during April 16-18, the conference has been titled ‘Emerging trends in production, processing ...

Bangladesh fetched $1.217 billion from exports in February against the $1.264 billion target, registering a 3.75 percent shortfall in expected earnings. The state-run promotional agency for exports says international buyers placed fewer orders in the month because of the global economic crisis. In January, exports went 4.38 percent higher than the target, ...

Textile exports are set to languish this year with no signs of a quick pick up, notwithstanding the increase in tax rebates. China on Wednesday raised the tax rebate rates on exports of certain textile and apparel products from 15 percent to 16 percent. It is the fourth time the government ...

Mumbai, April 3 Cotton Corporation of India (CCI), the nodal government agency for procurement of cotton under MSP (minimum support price), has sold 61 lakh bales (lb) till March out of the total procurement of 88 lb. Mr S.C. Grover, Chairman and Managing Director, CCI, said: “We have sold 60.85 lb ...

An Indian company named Geebee Garments Industries Limited will set up a garments manufacturing industry by investing 9.5 million US dollar in the Karnaphuli Export Processing Zone. The fully foreign owned company will produce shirt, t- shirt, blouse, jackets, trousers and shorts and create employment opportunity for 2,278 Bangladeshi and 22 ...

A local spinner will set up the country's first ever petrochemical plant to produce polyester chips by investing Tk 5.5 billion mainly to give a fresh boost to the apparel sector, the yarn manufacturer said Wednesday. Polyester chips, which are intermediate goods, are utilised for manufacturing synthetic fibre, fabrics and pet ...

KARACHI: The market revitalised on back of growing demand by leading consumers while passing through correctional phase during the week, traders at the Karachi Cotton Association (KCA) said Saturday. They said trading activities gained momentum as buyers focused to buy lint of all qualities amid firm physical prices. A senior trader ...