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Workers put the final touches to clothes at the French-owned Scavi Hue Garment Company in the central province of Hue. Garment and textile exports are growing at 18 per cent annually, with the foreign sector chalking up 30 per cent growth. — VNA/VNS Photo Danh Lam
Viet Nam can significantly increase exports of garment and textiles if it joins bilateral free trade agreements and multilateral ones like the Trans-Pacific Partnership, but only if it can set up a robust supply chain.
The prob
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Turkey has overtaken China as the biggest buyer of U.S. cotton, U.S. data showed on Friday, as Chinese buyers have boosted their purchases of lower-taxed yarn and cut back on buying raw cotton.
Continuing a five-months-long trend since the Aug. 1 start of the 2013/14 crop marketing season, data for the week to Dec. 19 showed Turkey was the top buyer. It bought 83,400 bales of upland cotton, double that of China.
Turkey's renewed appetite for U.S. fiber has been a pocket of strength as U.S.
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A representative of the Zongtex Garment Manufacturing company in Phnom Penh on Tuesday denied employing workers as young as 15 to make U.S. government clothing, following an exposé by The New York Times on poor standards in factories producing U.S. government attire.
On Sunday, The Times reported that despite a “zero tolerance” policy for using factories that break local laws, the U.S. government sourced some of its clothes from such factories.
The newspaper reported that an audit conduct
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The loss to textile business could run into millions of dollars, thousands of workers would be unemployed and small and medium-sized enterprises would shut down. PHOTO: FILE
Overseas Pakistanis and Human Resource Development Secretary Munir Qureshi has stated that US-based Walt Disney Company is developing a strategy to eliminate Pakistan from the Permitted Sourcing Countries list.
This strategy was being prepared in consultation with the stakeholders to address concerns of US companies,
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The orders for apparel products registered decline as the country’s readymade garment industry witnessing a lagged impact of Rana Plaza collapse and Tazreen Fashion fire incident, industry insiders said.
The ongoing political unrest has intensified the crisis.
Their assessment is based on the recent trend of utilisation declaration (UD) of raw materials – BGMEA maintains for its members who use the materials tax-free under a bonded warehouse mechanism.
Number of UDs reflects the trend o
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A woman folds material in a garment factory in Phnom Penh’s Sen Sok district in September. Pha Lina
The value of Cambodia’s garment and footwear exports topped $5.07 billion in the first 11 months of 2013, an increase of 22 per cent from the same time last year, according to the latest Ministry of Commerce statistics.
Cambodia’s two biggest importers of textile garments and footwear, the US and Europe, both registered notable year-on-year increases.
US exports rose nine per cent t
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After undertaking an in-depth programme of market research and interviews with stakeholders in various sectors, the organisers of the Intertextile Apparel Fabrics fairs have decided that Intertextile Beijing Apparel Fabrics will now be held in Shanghai starting in 2014 and will take place from 3 — 5 March. The fair will be renamed to Intertextile Shanghai Apparel Fabrics — Spring Edition and will be relocated to the Shanghai World Expo Exhibition and Convention Center. The Intertextile Shanghai
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Sri Lanka’s earnings from textiles and garments exports grew by 46.8 percent year-on-year to US$ 436.4 million in October 2013, which was the highest monthly value of export of garment and textiles ever recorded, according to a Central Bank of Sri Lanka press release.
“Exports of garments to both the EU and USA, which are Sri Lanka’s major export destinations, recorded remarkable growth rates of 53.2 percent and 43.4 percent, respectively in October 2013, reflecting the recovery in those eco
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The garment industry is reporting fall offs in export orders as overseas buyers have been deterred from visiting due to the ongoing political unrest.
In response some suppliers have been incurring additional costs by arranging to negotiate contracts abroad. When added to the extra costs imposed by delays caused by blockades and hartals, this creates a gloomy financial outlook and increases the risk of workers being laid off.
It is vital that the industry works together with government and
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The overall export of jute and jute goods have plunged by 19.80 per cent in July- November period of the current fiscal compared to the same period of the previous fiscal, according to a latest export figure compiled by the Export Promotion Bureau (EPB).
The data also showed, export of raw jute and jute sack and bag also fell by 50 per cent and 42.71 per cent respectively during the first five months of the current fiscal against the corresponding period of the previous fiscal.
"Exports of