Search Results for: Bangladesh
10 results out of 563 results found for 'Bangladesh'.
CHINESE INVESTORS INTEREST IN PAKISTAN TEXTILE INDUSTRY GROWING
PAKISTAN’s clothing and textile sector hopes that 2020 will be a big year for Chinese investment – as Chinese companies look to move production to outsourcing centres, such as Pakistan, that have lower labour costs than China, but nonetheless a skilled workforce, and government incentives through reduced taxes and duties.…
INDIAN CLOTHING EXPORTERS CLAIM GOVERNMENT’S FAILURE TO DELIVER PROMISED TAX BREAKS ARE HITTING OVERSEAS SALES
Indian apparel exporters fear losing business, maybe forcing some to close units, over the Failure of the government to pay promised tax benefits since March (2019), which according to the Apparel Export Promotion Council of India (AEPC), now amount to more than USD 710 million.…
COMPANIES MUST UNDERTAKE DUE DILIGENCE TO AVOID COMPLICITY IN HUMAN RIGHTS ABUSES – CRIMINAL CHARGES MAY BE LEVIED ON SLACKERS, CONFERENCE TOLD
Clothing and textile executives attending a New York conference have been told they need to take special care on assessing their supply chains, to ensure they are not tainted with human rights abuses, because not only may the reputational risks be severe – criminal liability may follow.…
INTERNATIONAL REGULATORY ROUNDUP - NEW EUROPEAN COMMISSION WILL IMPOSE GREEN COMMITMENTS ON KNITWEAR SECTOR
THE EUROPEAN Union (EU) knitwear sector will be pushed to improve its sustainability within 100 days of a new European Commission taking office, expected to happen on December 1. That is the deadline that a new Commission executive vice-president Frans Timmermans must meet to propose a ‘green deal’ package of reforms, that will include new commitments for EU industries to reduce waste and pollution.…
AFRICAN GARMENT MAKERS SEEK TIGHTER CONTINENTAL INTEGRATION OF THEIR SUPPLY CHAINS, EXPO PARTICIPANTS SAY
African garment and textile manufacturers are trying to create more synergy to better integrate the supply chain within the continent, but North African producers still dominate, and are expanding capacity, particularly in Egypt, say participants at a major regional industry meeting.…
IAF FASHION CONVENTION HEARS HOW OUTSOURCING CENTRES NEED TO FOCUS ON DIGITALISATION TO ATTRACT SALES AND FDI
With an improving law and order situation, business-friendly policies from its elected government, and incoming Chinese investment under the Beijing-backed CPEC (China-Pakistan Economic Corridor) programme, Pakistan is becoming an increasingly attractive location for foreign direct investment, especially in the textile and clothing sector, an international conference has been told.…
MALAYSIA TEXTILE INDUSTRY USES NANOTECHNOLOGY TO LEVERAGE OPPORTUNITIES CREATED BY US-CHINA TRADE WAR
AN INCREASING reliance on using nanotechnology is giving Malaysian textile manufacturers a competitive edge over rival producers in south east Asia, experts claim.
According to Seow Hon Cheong, president of the Malaysian Textile Manufacturers Association, since the US–China trade war began, opportunities for exports by and investments in the Malaysian textile sector have opened.…
GERMANY TO PROD AUTOMAKERS INTO INVESTING IN BANGLADESH
THE GERMAN government has signalled that it could encourage its luxury carmakers to establish plants in Bangladesh, especially if the south Asian country invests in its energy, power and transport infrastructure.
“We agreed it would be great if a German carmaker would invest in Bangladesh,” Peter Fahrenholtz, German ambassador to Bangladesh tweeted, after a meeting with Bangladeshi finance minister AHM Mustafa Kamal in the capital Dhaka on September 9 (2019).…
INDIAN APPAREL EXPORTS RISE – BUT EXPECTED TO FALL BACK IN AUGUST SAYS MANUFACTURERS ASSOCIAITON
SALES of Indian apparel exports continue to be sluggish even after registering a 11% growth in July compared to June this year, after three months of continuous decline. According to a monthly newsletter issued by the Clothing Manufacturers Association of India on October 5, India exported USD1.36 billion’s worth of apparel in July, which was also 7% more than July 2018.…
OUTSOURCING CENTRES IN ASIA UNDERSTAND BENEFIT OF DIGITAL WEAVING TECHNOLOGY – BUT INVESTMENT CAN BE EXPENSIVE
OUTSOURCING centres in Asia for the international textile sector are increasingly adopting digital technologies to improve the efficiency of their weaving, as they compete for business from clothing manufacturers and brands.
Bangladesh weavers are becoming increasingly tech-savvy to improve efficiency while driving down costs.…