Investment in Bangladesh has not increased even after the economy reopened five months ago due to the deep uncertainty. Even Foreign Direct Investment (FDI) in Bangladesh falls by 32% in H1 of 2020. From the perspective of several entrepreneurs and economists, this uncertainty is for the unpredictable second wave of coronavirus. This uncertainty will continue and investment will not return to pre-epidemic levels until the crisis is brought under control.Banks are also concerned about the threat

It is known to all that once sweater manufacturing industry used to be our glory; millions of people lived in this industry but now the scenario has changed.History behind the new development of warp knitting machine for juteIn 2017, a technical team visited the Sweater Knitting mills at Gazipur. It was found that there are 546 local knit manufacturers producing sweaters by V-bed Flat Knitting machine and 1 million people with 250 shops related to machine-supply.Figure 1: Local mills need a new

The prices of textile products in India gained traction in October, with an incremental and gradual demand recovery due to the festive season and unlocking. While cotton prices continued to gain by 2-4 per cent month on month (MoM) in October on account of the resumption in demand from the casual wear, knitted and home textile segments, they were lower by about 5 per cent year on year (YoY), according to the October edition of India Ratings and Research’s (Ind-Ra) credit news digest on India’s t

FULGAR, European distributor and producer of AMNI® VIRUS-BAC OFF technology collaborated with the RHODIA-SOLVAY group for the arrival of the new Q-SKIN® powered by AMNI® VIRUS-BAC off yarn with antiviral and antibacterial. Amid the lingering threat posed by Covid, the return to offices and schools has created an exponentially risisng demand for garments given anti-bacterial and antiviral protection treatments. This demand among consumers and workers has led many manufacturing companies in Italy

The latest episode of "Preferred Textile City Fabric -- Suppliers' Live Stream Series" is scheduled to be carried out from 19:30 to 20:30 on November 7th, 2020. At that time, two enterprises -- Haidi Textile and Tongxin Textile will bring their woven printed fabric, knitted printed fabric, plain solid fabric, coat fabric, cavalry twill fabric, cool cotton fabric and other fabric to the live streaming chat room and interact with purchasers.

QFCheld the GXG matching meeting successfully on Novermber 6th.Thiseventisco-sponsored byZhejiang China Light Textile Industry City Group Co., LTD andNingbo Garment Association, and undertaken by Globaltextiles, QFCand GXG. Fabricenterprises and garment enterprises are two important partsin thecombinationof textileand garment industrial chains .Globaltextiles andQFCchose more than10 enterprises andtook more than 1,000characteristic fabrics to Ningbo.

The thirdChina textile Material Exhibition,Keqiao Shaoxing will be held in keqiao, shaoxing from December 3rd to 5th. The main products of this exhibition are fiber, yarn, grey cloth and dyes&additives.This textile exhibition is held in order to adapt to the development pattern of doublecirculations of ecnomic-domestic economic circulation and international economic circulation. It is reported that the exhibition will devote to improving its quality and professional level, advertising itself

The latest episode of "Preferred Textile City Fabric -- Suppliers' Live Stream Series"is scheduled to be carried out from9:30-11:00a.m.on November 14, 2020 (This Saturday).At that time, four enterprises -- Starwood Textile,Amelie Textile, Huadian Textile and FounderHomeTextile will bring curtains and window screensrespectively and interact with purchasersin the live streaming chat room.The team of this live stream will have a field tripto the salesdepartments of starwood Textile,Am

The world's first large-scale plant for automatic textile sorting started operation at SYSAV's facility in Malmö, the largest city in the Swedish county of Scania. A 30-metre long machine has a sorting capacity of 24,000 tonnes of textiles per year and is reportedly expected to revolutionise Swedish textile recycling and create new markets for textile waste.Pic: ShutterstockThe SYSAV waste-to-energy plant is owned by fourteen local authorities. The sorting plant in Malmö is owned and ope

Indian minister of finance and corporate affairs Nirmala Sitharaman today announced guaranteed credit for supporting stressed sectors, as part of Atmanirbhar Bharat Package 3.0. Tenor of additional credit under ECLGS 2.0 will be 5 years, including one-year moratorium on principal repayment. The scheme will be available till March 31, 2021.Pic: ShutterstockThe Emergency Credit Line Guarantee Scheme (ECLGS) 2.0 is to be utilised for 100 per cent guaranteed collateral free additional credit at capp