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Releasing the apparel exports data for the month of October 2013, Dr A Sakthivel Chairman AEPC stated, “Apparel exports were to the tune of USD 1190 million in October 2013-14 with increase of 30.91 per cent against the corresponding month of last financial year. In rupee terms, the exports have increased by 53.3 per cent in Oct. 2013-14 over the same month of previous FY.”
Export in dollar terms for April-Oct. of the FY 2013-14 has increased by 15.5 per cent over the same period of previous
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Bangladeshi garment workers returned to their factories Thursday, where they stitch clothes for Western retailers, after the prime minister demanded an end to days of protests over a new minimum wage.
"All the plants have reopened today and the workers have joined duty," said Reaz-Bin-Mahmood, a vice president of the Bangladesh Garment Manufacturers and Exporters Association, which presents 4,500 factories.
"We hope the worst part is over, but now we have to make up for lost time," Mahmood
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Footwear has turned out to be one of Viet Nam’s leading exported items, making its presence in many markets all over the world, according to the Ministry of Industry and Trade.
According to the General Department of Viet Nam Customs, export value of footwear surged from US$6.55 billion in 2011 to US$7.26 billion in 2012. Of the figure, US$1.7 billion came from domestic enterprises and the remaining US$5.56 billion were made by FDI enterprises.
As by October 15, footwear export value reache
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M&G Chemicals announces today its decision to construct a second-generation bio-refinery in the region of Fuyang, Anhui Province of China for the conversion of one million metric tons of biomass into bio-ethanol and bio-glycols.
The project is expected to be realized through a joint-venture with Chinese company Guozhen which will make available one million metric tons of straw biomass and use the lignin resulting as a by-product from the bio-refinery to feed a 45 MW cogeneration plant wh
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Some 50 people, including three firefighters and cops, were injured in clashes erupted after thousands of Bangladesh garment workers attacked a fire station in Savar on the outskirts capital Dhaka on Sunday morning.
Eyewitnesses said the unruly workers vandalized 10-12 vehicles.
The workers went berserk following a brawl with some firemen, they said.
According to police and eyewitnesses, a bus carrying garment workers of factory rammed in to a footpath in front of the fire service offic
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The textile exports from the country increased by 7.55 percent during the first four months of current fiscal year against the exports of same period of last year.
On year-on-year basis, textile exports during October 2013 increased by 0.40 percent when compared to the exports of October 2012.
The overall textile exports during July-October (2013-14) were recorded at $4.69 billion against the exports of $4.361 billion during July-October (2012- 13), according to Pakistan Bureau of Statisti
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Pakistan is set to produce record 16.4 million bales of cotton in 2013-14, as a total of 9.51 million bales have so far arrived in the market, which becomes around 58 percent on an average of total arrival until 15th of November 2013. Market sources have pointed out that a record bumper crop of cotton is very much on the cards if one adds remaining 42 percent arrival of cotton until 1st of April 2014.
Therefore, they said, total production of cotton would likely to be 16.4 million bales in Pa
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According to the industrialists, the textile industry is providing livelihood to more than 20% of families in the country and also contributing 58% to the national economy. PHOTO: AFP/FILE
Textile exporters have expressed their fear that Pakistan could lose export orders worth billions of dollars, stressing that a large number of people will be left unemployed if the government stops gas supply to the industry for three months in the winter.
They asked the government to avoid such a measu
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The exports of garments from the island nation of Sri Lanka to its major export destinations of the EU and the US recorded a remarkable growth of 30.7 percent year-on-year and 32.2 percent year-on-year, respectively, in September 2013, according to a press release issued by the Central Bank of Sri Lanka.
The sharp growth in Sri Lankan apparel exports to the EU and the US reflect the recovery in those economies, the statement said.
Sri Lanka’s textiles and garment sector as a whole posted a
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After domestic footwear companies started manufacturing stylish and comfortable shoes, they have been witnessing a steady growth in sales in the Nepali market.
In a measure to create brand loyalty, domestic footwear industries have also been paying attention to branding. Shikhar, Run, BF Dear Hill Shoes, Takura, Fitrite and Sky Shoes are among the brands that come to mind when talking about domestic footwear products.
According to the Leather Footwear and Goods Manufacturing Association,