China will see the strongest salary growth among all Asian countries in 2014, even though the nation's economic growth rate has been slowing down, a report from global human resources firm Hays has said. According to the 2014 Hays Asia Salary Guide, which was released on Thursday and polled about 2,600 employers across the region, 67 percent of the surveyed Chinese employers said they will increase employees' salaries above 6 percent, compared with 66 percent last year. Only 29 percent of

Turkey exported apparel worth US$ 17 billion during 2013, and the country is expected to export garments worth US$ 18.4 billion during 2014, said Turkey Clothing Manufacturers Association (TGSD) president Cem Negrin, at the recent panel discussion held at TGSD in Istanbul. According to a statement issued by TGSD, Mr. Negrin said in 2012 the country exported apparel products worth US$ 16.1 billion, which increased by nearly 8 percent to US$ 17.3 billion in 2013. Spending on apparel in the

The textiles and garment industry turned out to be the leading driver of growth in the industrial sector in November 2013 for Sri Lanka, according to a press release issued by the Economic Research Department of the Central Bank of Sri Lanka. Earnings from export of textiles and garments grew by 35 per cent year-on-year to US$ 491.4 million in November 2013, the Bank said in the press release. “Export of garments to both the EU and USA, the major export destinations of garments, grew by 16

The government announced Tuesday that the minimum wage in the garment sector will be raised to $95 in April, a 19 percent increase over the current $80 monthly wage, as the first step in a five-year plan to raise the minimum wage to $160 by 2018. Following the decision, which fell well short of unions’ demands for a 100 percent increase in the minimum wage next year, small-scale strikes and protests broke out across the country, while leaders of the country’s independent and opposition-aligne

The Southern European country of Italy, exported menswear worth ? 5.24 billion during the 2013 year, as per the data released by the Sistema Moda Italia (SMI), the Italian Fashion System and association of textile entrepreneurs. According to the Industry of Italian Men’s Fashion report of SMI, in 2013, the country exported menswear worth ?5.24 billion, indicating an increase of 3.7 percent compared to the ?5.05 billion worth of menswear exports in 2012. Subsector wise, during the twelve mo

The imports of textiles and apparel by the United States were worth US$ 96.981 billion during January to November 2013, registering an increase of 3.7 percent over $ 93.518 billion imports made during the corresponding period of 2012, according to the latest Major Shippers Report, released by the U.S. Department of Commerce. During the 11-month period, China accounted for 39.85 percent share of all textiles and garments imported by the US. Vietnam, India and Indonesia recorded 8.31 percent, 5

Pakistan is all set to increase its textile exports by three billion dollars this year since textile sector has improved its production capacities over the last few years, said SM Tanveer, chairman of All Pakistan Textile Mills Association, Punjab. He said Aptma had done its homework before committing to the government to raise the textile exports, which suffered in the past because of various reasons, including power shortage, high markup and limited market access. He added various sectors

Export orders for leather and leather goods dropped significantly in the last few months due to the ongoing political unrest, industry people said.As things work in the leather industry, buyers usually place orders after physically visiting the factories due to the sophistication in manufacturing processes. But, thanks to the political unrest buyers are vehemently avoiding visiting Bangladesh of late, said Mohammed Nazmul Hassan Sohail, managing director of Leatherex Footwear Industry Ltd, a

Cambodia’s garment industry is following in Bangladesh’s footsteps in the way social and political problems are starting to erode a low-cost labor advantage. So far, the killing of at least four garment wage protesters on Friday by military police has not grabbed international headlines as dramatically as the Rana Plaza factory collapse in Bangladesh. But the potential exists for a larger global outcry as security forces appear to be growing less inhibited about using deadly force. At a minim

In 2013, garment - textile and leather - footwear companies enjoyed good business, had stable workforce, and attained relatively high export growth to major markets despite slowing or even declining imports of apparels and footwear in these markets. In addition, many businesses actively grasped the opportunity to expand to new markets in countries like South Korea, Turkey, African nations and the Middle East, while maintaining shipments to traditional markets like Russia, Eastern Europe, USA, Ja