Search Results for: Bangladesh

KNITWEAR manufacturers used to plan production a year in advance, but the advent of fast fashion has changed all that. Today, suppliers are being asked to supply goods in some cases weeks in advance of a product line going to market.…

Bangladesh’s GPH Ispat Ltd has announced it is building a major integrated steel plant in south-eastern Chittagong city, as the country’s steel sector continues to develop its billet production capacity. The company says is expecting robust demand for long products and billets enabling their production as the Bangladesh government responds to continuing economic growth by financing public infrastructure projects.  …

Turkish denim firms have roared onto the global market in recent years, impressing consumers, terrifying the competition.

These companies are aided by Turkey’s high quality cotton – particularly that produced in the country’s Aegean region on the west coast. Aegean premium cotton is renowned for its ability to retain paint and for its softness and absorbency, all without genetic modification.…

PAKISTAN’S textile sector is struggling as exports are declining, with producers unable to compete with regional countries such as Bangladesh and Vietnam,

Jawed Bilwani, chairman of the Pakistan Apparel Forum has told WTiN.com. In an interview he warned that looking at trade data for financial year 2014-15 compared to 2013-2014: “Our textile exports are declining persistently and are in a state of emergency.”…

WITH Bangladesh aiming to double its apparel exports over the next five years, the importance of maintaining secure and quality cotton imports from its top supplier India was underlined at an international conference staged in Dhaka this weekend.

Speakers at the first ‘Bangladesh India Cotton Fest 2016’, on Saturday (March 12) said that Bangladesh and its larger neighbour should establish joint-ventures and foster cross-border investments in the garment sector to strengthen this critically important supply chain.…

THE EUROPEAN Association of Sugar Pro­ducers (CEFS) and the European Federation of Trade Unions in the Food, Agriculture and Tourism sectors (EFFAT) have called for the European Union (EU) to push for a global agreement ending all subsidies and other trade-distorting policies affecting the sugar sector.…

WHILE international clothing buyers today have a lot of sourcing choices, this multiplicity of options can bring its own management headaches, making it important that brands make subtle, complex and fluid purchasing decisions to keep ahead of the competition, Global research firm McKinsey’s biannual sourcing survey – last published in 2015 – of chief procurement officers (CPOs) at leading apparel companies is an interesting window onto today’s complex sourcing landscape.…

Politicians in the Philippines fear that the country will be censured by the Financial Action Task Force (FATF) after USD81 million stolen from the Bangladesh Bank central bank in February entered the international financial system through Manila casinos. In its most recent evaluation on the Philippines made in 2013, the FATF determined that the country had made significant progress in improving its AML/CFT (anti-money laundering/combating the financing of terrorism) but raised concerns regarding the absence of AML/CFT controls for the casino sector.…

India is battling to contain a boom in organised cigarette smuggling, which is fuelled by high domestic taxes, complex regulations and weaker criminal penalties compared to those levied for trading in other contraband. This trend is becoming a “growing threat to the national interests of not [only] India but several economies worldwide,” according to a detailed assessment called ‘Emerging Challenges to Legitimate Business in the Borderless World,’ released in January.…

SPECIAL trade access to developed countries is always a boon to emerging market suppliers, and the European Union’s (EU) GSP+ system is especially sought after, and – noted a recent European Commission report – widely utilised.

GSP+ suspends EU duties on 66% of EU tariff lines, while for standard GSP, these same duties are merely reduced.…