Search Results for: Bangladesh

Knitwear companies on Mauritius have been inspired by the economic malaise harming their key European export markets to diversify their sales strategy by seeking to tap the key regional market of South Africa. It is now the Indian Ocean island country’s second largest knitwear export market after the European Union (EU).…

Bangladesh’s foreign investment policy is considered the most liberal in the region, offering a range of incentives for overseas investors. Foreign companies enjoy fiscal and non-fiscal benefits such as tax holidays for five to seven years; the ability to own all capital in a Bangladesh-based business; investment profit and dividend repatriation; duty-free imports of capital machinery; exemption from double taxation; a zero dividend tax; and no investment ceilings.…

Bangladesh, once derided as a “basket case” by Henry Kissinger, is now on par with other emerging Asian economies and developing rapidly.

*It has 150 million people, and 15 million people left poverty [SAYS WHO?] between 2000 and 2010. The country has 150 million people, and the World Bank says 15 million people left poverty between 2000 and 2010.…

AFRICA’S beleaguered clothing and textile industry could take advantage of a projected downturn in exports from Chinese manufacturers, but only if a wide range of reforms are implemented locally.   

Industry experts have told the Source Africa trade event in Cape Town on April 12 that if the difficulties currently hamstringing the sector could be overcome then Africa’s clothing and textile sector could thrive.…

ETHICAL sourcing in the garment and textile industry is a key consideration – not just because it is the right thing to do, but because consumers are keen to know how their clothes and accessories have been produced. But one key question is who sets the parameters of what is ethically sourced?…

THE EVER-CHANGING sourcing equation is a challenge to the global garment and textile industry supply chain. There is talk of moving production back home to western countries – bringing it closer to market- but its viability is being questioned. Meanwhile in Asia, where the majority of clothes are currently produced worldwide, the sourcing landscape is changing, experts say.…

IT is a long way from China, east Asia and south Asia to the key developed world markets or Europe and America. And with fashion being so dynamic, demand for a line could have dampened in the months between placing an order and receiving delivery.…

WITH Chinese clothing and textile manufacturers struggling with rising costs – through inflation, wage increases and currency adjustments – international brands have been shopping around for new sourcing countries. There are plenty of options, especially in China’s east Asia neighbourhood, where Vietnam and Cambodia have developed lower cost centres.…

Clothing and textile companies in Mauritius are looking to South Africa to recoup export sales, given European export markets have been weakened by the ongoing financial crisis.

“The South African market is rising… which is benefiting directly local textile operators,” said Ahmed Parkar, chief executive of Star Knitwear a leading Mauritius clothing group.…

Enterprise Resource Planning (ERP) software solutions have become powerful and numerous, allowing apparel companies to manage vast amounts of complex data under one umbrella, from finance, stock and manufacturing processes to distribution. Driven by the need to leverage this information and obtain even greater precision and speed in time to market, in recent years many ERP packages have come to include modules specifically tailored for the clothing industry, either as an add-on package or an integration with a product lifecycle management (PLM) system.…