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

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

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

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,

The exports of garments and textiles from Vietnam have increased by 18.7 percent year-on-year to US$ 14.8 billion during the first ten months of the current year, according to the data released by the Ministry of Industry and Trade. From January to October 2013, Vietnam’s apparel and textile exports to South Korea, Japan and the United States recorded a strong growth. Canada, Brazil and Mexico were also among the countries that imported more clothing and textiles from Vietnam during the te

This file photo shows workers at Nissei Company in Ho Chi Minh City/Tuoi Tre The minimum wage will be raised up to VND2.7 million (US$127) per month next year starting January 1, 2014, according to a new governmental Decree. Under Decree 182/2013 dated November 14 and due to take effect on December 31, 2013, the new minimum wage will be VND250,000-300,000 per month higher than the current minimum wage. There are four minimum wage rates applied for four zones of the country. The rates in

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

World-class designers display innovative pieces to showcase the charms of wool.(c) 2013 The Woolmark Company The Wool Modern exhibition, as part of the global Campaign for Wool (patron: His Royal Highness The Prince of Wales) opened in Ara Art Centre in Seoul yesterday. The exhibition celebrates wool under the limelight of the 21st century through the world's most sought-after designers' innovative fashion and artistic works. The exhibition will open to the public from November 19 - 25 . T

Oerlikon announces the appointment of Dr. Brice Koch as Group Chief Executive Officer. Dr. Koch, who will assume the role during the first quarter of 2014, comes to Oerlikon following a successful career at ABB where he has been a member of the Group Executive Committee since 2010. This appointment further demonstrates Oerlikon’s commitment to technological leadership and expansion of its global footprint. Oerlikon Chairman Tim Summers said “The Board of Directors is delighted to welcome Dr. Koc

The United Arab Emirates is now becoming the world's leading centre for textile industry automation with the presence of about 150 apparel manufacturing companies in satellite cities around Sharjah and Dubai, according to an article on ctei.gov.cn. Accounting for about 5.5 percent of the world's annual textile and clothing sales, the UAE has today become the world’s fourth largest trading centre of fashion and apparel, says the report. The Gulf countries are gradually becoming the world’s