Search Results for: Bangladesh

The World Wide Fund for Nature (WWF) and the Vietnam Textile and Apparel Association (VITAS) have endorsed a project named ‘Greening Vietnam’s textile sector through improving water management and energy sustainability’ with the declared aim of transforming the Vietnamese textile industry into a more environmentally friendly and sustainable one.…

IN its trade war against China, the Trump administration in the USA has added tariffs on a wide range of upstream textile inputs and fashion-related consumer products, raising the spectre of fraudulent rerouting of Chinese textile-garment products through neighbouring regions, notably south-east Asia.…

THE CHINESE government has directly targeted the American knitwear sector in the latest tit-for-tat response in the trade wars launched by US President Donald Trump. Beijing has highlighted knitted goods in a list of products that maybe subject to retaliatory tariffs, should the USA impose a threatened third list of duties on Chinese tech, drafted over alleged thefts of American IP.…

WHILE Vietnamese government officials define the local textile and garment industry as among the economic sectors projected to have one of the highest growth rates in the country over the next 12 years, industry observers stress that more needs to be done to ensure this happens.…

PAKISTAN’s textile sector is gearing up to shift to solar and other renewable energy to combat the effects of escalating power costs which have rendered their businesses uncompetitive in the region.

Reon Energy, which is part of Dawood Hercules Group, based in Karachi, has recently completed the installation of a one megawatt solar project at Kohinoor Textile Mills Limited (KTML), in the Punjab province.…

THE INDIAN government has been sending out conflicting signals about its trading policy for its important knitwear sector. While it last month (July 18) announced it was increasing import duties for some key knitted apparel and knitwear inputs, talks are moving ahead to forge a Regional Comprehensive Economic Partnership (RCEP) with 16 Asian counties.…

Signs of an accelerating relocation of garment investment from China to the Philippines are emerging, amidst the US imposing an additional 10% duty on textile and some clothing products from China. The Chinese government retaliation of an additional 25% duty on US cotton imports making raw material sourcing for China-based manufacturers more expensive has also raised the cost of doing business in China.…

India’s newly renamed Maharaja Bir Bikram Kishor Manikya Bahadur Airport, in Tripura state, which has its boundary wall running along a heavily defended Bangladesh border, is getting extra security and a new terminal building.

“As it is a hyper sensitive airport, its sanctioned strength of security force will soon be increased from 224 to 330,” Shekhar Dev Burman, director of the airport told Jane’s.…

China seems to have given the world nuclear industry back its mojo this summer with two big moves: the signing in June of an order for four Gen 3+ VVER-1200 reactors from Russia’s Rosatom. This certainly got the bubbly flowing at the World Nuclear Exhibition, in Paris, in late June, following two years of sluggish investment in this globalised industry.…

ENDING UP an entrepreneur was perhaps Arif Al Islam’s “Plan B”, but the Association of Chartered Certified Accountants (ACCA)-qualified financial professional has more than proved his business smarts.

“I had to build the company from a scratch,” says Mr Islam, who is now managing director and chief executive officer of Dhaka-based fibre optics major Summit Communications Ltd.…