The Philippines is slowly but steadily becoming a hub for the garments industry. However, it is threatened by Vietnam where labor is cheaper but that country does not have enough workers. Jing Cruzat, who owns a thriving garments business with factories outside of Metro Manila, has told Business Insight big garments operators from Taiwan, China and Singapore are transferring operations to the Philippines. He explained that after threatening the world with its low-end, ready-to-wear garment

Pic: British designer Paul Smith with his Men's London collection for SS 14 Owner of the world's best known textile fibre brand - The Woolmark Company - and British designer Paul Smith announce a collaboration that will see Australian Merino wool being highlighted across the Paul Smith Men's London collection for SS 14 and AW 14/15. In support of Merino wool, Paul Smith will take an ambassadorial role in collaborating with The Woolmark Company on a co-branded campaign for both seasons. Th

Owing to the rising demand from emerging markets like Africa, China and Latin America, the carpet exports from India increased 10.23 percent during the first half of the 2013-14 fiscal year, as per the data released by Carpet Export Promotion Council (CEPC) of the country. According to the CEPC statistics, the country exported US$ 530 million worth of carpets during the period of April to September this year. In September itself the country exported US$ 73.5 million worth of carpets, which

As a result of a recent trade mission of Uruguayan entrepreneurs to Israel, initiated by the Uruguayan Government and the Chamber of Information Technology (CUTI), entrepreneurs from the country have shown keen interest for investing in the Uruguayan textile sector, said Minister of Industry, Energy and Mining, Roberto Kreimerman. According to a statement issued by the Uruguayan Ministry of Industry, Energy and Mining, Mr. Kreimerman said the tour was initiated to generate concrete investment

Textile exporters termed proposed gas suspension plan a death knell for export-based textile industry and productivity and urged government to provide regular gas supply for textile sector in winter. These view were expressed in a joint press statement on Monday by Rana Arif Touseef, Convenor Joint Action Committee for Energy, Engr. Sohail Bin Rashid, President Faisalabad Chamber of Commerce and Industry, Syed Zia Alamdar, former vice chairman Pakistan Hosiery Manufacturers Association, Ammar

The HinduA file picture of group of women undergoing training programme in garment making in Erode, Tamil Nadu. Photo: M. Govarthan The financial situation of garment manufacturers is expected to improve during 2013-14, mainly driven by growing demand from importing markets, depreciating rupee and structural changes in competing markets like China and Bangladesh, India Ratings & Research said in a report. “Improving textile and apparel demand from large markets, benefits accruing from

Ethiopia exported US$ 29 million worth of textiles during the first quarter of the fiscal year 2013-14 that began on July 8, 2013, Addis Fortune reported. The first quarter export earning was over 50 percent higher than the US$ 19 million made in the corresponding period of last year, but the exports are still likely to fall short of Government target of US$ 500 million for the entire fiscal year, if the trend continues. In 2012-13, Ethiopian textile sector exports fetched US$ 99 million, muc

Average wages in China will rise by 8.85 percent in 2014, accelerating from this year but hit by possible higher inflation next year, research by Hay Group showed. According to the research report, the average salary increase in the world's second-largest economy would be 8.4 percent in 2013. "We would see an additional growth in wages next year, but the real rate will be lower than this year in case of an increasing CPI (Consumer Price Index, a measure of inflation)," said Wayne Chen, v

Seamstresses in Lima's garment district are usually busy at this time of year, with Christmas requests from vendors across the Americas. Cheap Chinese imports however are ruining their market. Until recently the district -- a 20-block area, packed with 25,000 clothing manufacturers and vendors, known as the Gamarra business emporium -- was doing thriving business. But ever since a free-trade agreement between Peru and China came into effect in 2010, and similar agreements have been signed

Salaries across Asia-Pacific are set to rise an average 7 per cent in 2014, with China and Vietnam leading the way in East Asia in terms of increases, according to a survey conducted by professional services company Towers Watson. In Thailand, salaries are expected to increase 6 per cent in 2014, while the country's inflation rate is projected to rise 3.1 per cent. Salaries in China are forecast to rise 8.5 per cent and in Vietnam 11.5 per cent in 2014, before inflation is taken into accou