Terry towel makers yesterday demanded the government raise cash incentive to 15 percent from the existing five percent to offset losses from global recession. The leaders of Bangladesh Terry Towel and Linen Manufacturers and Exporters Association also sought that the government release arrear incentives from April as the industry is reeling ...

The domestic starch makers are witnessing a rise in demand for their finished products. This upsurge can be attributed to the textile sector which players say will sustain. According to them, growth in demand will help firm up starch prices. The starch prices have increased to Rs 800 for a bag ...

Domestic sales of textiles and textile products made in Indonesia in the last three months increased by about 15 to 20 per cent as a result of the government's policy to tighten import of five manufactured commodities, including textile products, an industry official said. "The trade ministry's efforts to regulate the ...

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 ...

Dow Corning Corporation, a leading supplier of innovative silicone solutions for the textile industry, will exhibit at the Second Annual Multi-Brand Environment, Safety & Health (ESH) and Restricted Substance List (RSL) Factory Summit April 27-28. Dow Corning will feature its silicone textile printing inks, a water- and energy-saving product for ...

The FTC has approved the publication of a Federal Register notice amending Commission Rule 7(c) of the Rules and Regulations under the Textile Fiber Products Identification Act, commonly known as the Textile Rules, to establish a new generic fiber subclass name and definition. The new name and definition, for a ...

The new chairman of Bangladesh Jute Mills Corporation, T D Mitra, has emphasised a halt to wastage of money and raising productivity to sustain the jute industry. Mitra was speaking at a meeting with project directors of all the state-owned jute mills in Khulna-Jessore industrial at the BJMC's Khulna zonal office ...

The United Nations Industrial Development Organisation (UNIDO) yesterday, observed that Nigeria's textile sector was rapidly shrinking with only few currently companies in operation. The observation was contained in a UNIDO Critical Situation Report on the Nigerian Textile Industry, made available to the News Agency of Nigeria (NAN) in Abuja. UNIDO therefore, ...

The outgoing chairman of Securities and Exchange Commission yesterday stressed more textile companies' listing to get a better reflection of the country's real economy in the stock market. “The real economy is not reflected in our stock market, as representation of textile sector, which is the most vibrant section of the ...

An advisory programme for Bangladesh’s export-oriented textile industry was launched on Sunday with stakeholders agreeing on much needs of technical and management advisory. Advisory Services for Textiles and Apparel of Bangladesh (ASTAB) is a new project, funded and managed by the United Nations Industrial Development Organisation and Bangladesh Quality Support Programme. ‘Bangladesh’s ...