Search Results for: Bangladesh
10 results out of 709 results found for 'Bangladesh'.
GSP+ COULD HELP PAKISTAN BOOST EXPORTS – BUT PRODUCTION ALSO NEEDS HELP, SAYS LOCAL INDUSTRY
PAKISTAN garment manufacturers are anticipating significant trading benefits from an anticipated accession from January 2014 to the European Union’s (EU) new Generalised Scheme of Preferences Plus (GSP+) trading scheme.
Some are asking the Pakistan government to relax import duties blocking access to raw materials, especially artificial fibre, needed to diversify product lines so that they can take full advantage of the facility.…
TRADE GROUP REBRANDING REFLECTS CHANGING US INDUSTRY, AS BIG TRADE DEALS MOVE AHEAD
THE RECENTLY rebranded United States Fashion Industry Association (USFIA) has re-launched itself at its annual meeting in New York, amidst predictions that the Trans-Pacific Partnership free trade agreement should be completed in early 2014.
Julia Hughes, the president of USFIA, and head of its predecessor the United States Association of Importers of Textiles and Apparel (USA-ITA) told the November 6 meeting: “We are definitely much further along in the TPP negotiations, but we think it’s likely to take into next year to really wrap it all up,” she said.…
USAID BACKED INITIATIVE HAS HELPED PAKISTANI KNITWEAR SMEs CHANGE COURSE
While small-and-medium-sized enterprises (SMEs) in Pakistan’s knitwear sector have significant manufacturing capacity, they have yet to harness their full potential, according to the United States Agency for International Development (USAID). Pakistan exported USD2.3 billion’s worth of knitwear in 2011 says the Trade Development Authority of Pakistan, and many producers are small.…
SHAH AMANAT AIRPORT UNVEILS UPGRADES PLANS AFTER ICAO CERTIFICATION
Bangladesh plans to upgrade Shah Amanat International Airport (SAIA) in Chittagong as air traffic surges, with the International Civil Aviation Organization (ICAO) last week (Thursday, Nov 7) recognising it as an international facility.
Flight numbers have grown 56% to 25,000 since 2000.…
INDIA GARMENT EXPORTS SET TO RISE AS WORLD DIVERTS ORDERS FROM CHINA, BANGLADESH
INDIAN garment exports are expected to rise 24% to USD16 billion in 2013-14, according to D K Nair, Confederation of Indian Textile Industry (CITI) secretary general. He says the increase is because of the recovering American economy, increased demand from Europe and rival Asian exporters facing a slew of problems.…
INDIA AND CHINA COMBINED CLOTHING MARKET WILL OUTGROW US/EUROPEAN MARKET BY 2025 – REPORT PREDICTS
THE COMBINED apparel market of China and India will grow to USD740 billion by 2025 and will surpass the projected combined US and European market of USD725 billion at that time, according to a textile and apparel sector report released at an international clothing conference on Friday (July 19).…
PAKISTAN’S TEXTILE AND CLOTHING SECTOR DEBATES IF IT IS READY FOR EU GSP+
PAKISTAN’S anticipated membership of a revised European Union (EU) Generalised Scheme of Preferences Plus (GSP+) from January has sparked a debate over whether the country’s industry is ready to benefit from the duty-free access the system provides.
Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) senior north zone vice-chairman Jawwad A Chaudhry has argued that Pakistan’s garment industry might not fulfill orders because of a shortage of raw materials.…
MALDIVES A HOTBED FOR TERROR FINANCING AND MONEY LAUNDERING, ANALYSTS SAY
THE MALDIVES may best be known a tropical paradise with rare beauty, but this south Asian archipelago is also a hotbed for terror financing and money laundering, analysts fear. The country is now attempting to strengthen weak anti-money laundering and combating the financing of terrorism (AML/CFT) laws that have created a “magnet effect for foreign organisations to pour money into local extremist groups,” warned Jean-Charles Brisard, US based terrorism financing expert and former chief investigator for the 9/11 families’ lawsuits against Al Qaeda financiers.…
EXPERTS CALL FOR GREATER TRANSPARENCY AS APPAREL INDUSTRY PONDERS GLOBAL LABOUR STANDARDS
WHETHER improved transparency in clothing supply chains will be enough to guarantee a sustainable future for outsourcers in south Asia remains to be seen, but a conference staged in Sri Lanka last week (Oct 10) heard plenty of calls for improved openness.…
SRI LANKA INCHES CLOSER TO ‘REGIONAL HUB’ DREAM
AN INTERNATIONAL clothing and textile conference has heard how the growing retail market in the Asia-Pacific region may enable emerging economies such as Sri Lanka to realise ambitious dreams to become regional production hubs.
Kurt Cavano – founder/vice chairman & chief strategy officer of cloud computing company GT Nexus addressing the South Asian Apparel Leadership Forum, held in Colombo on October 12, noted: “The top six retailers that are growing are not in North America, it is in the Asia Pacific.…