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

Cotton was traded at Rs.4,200-4,500 a quintal while the MSP was Rs.4,000 a quintal. The Cotton Corporation of India (CCI) is prepared to buy cotton from the market at minimum support price (MSP) if there is a need to do so. An official of the CCI told The Hindu that though it was ready, the Corporation did not expect any requirement of its intervention in the cotton market for MSP operations, except in Andhra Pradesh. Even in Andhra Pradesh, cotton was traded at Rs.4,200-4,500 a qui

India’s garment exports to EU increased 5.9% year-on-year in January-May 2013, whereas those of China and Bangladesh declined Now India’s Apparel exports are rising by snatching orders that would otherwise have gone to the China and Bangladesh. Exports are already up driven by demand coming in from major textile importing countries like US and Euro Zone. For overseas buyers, India has now become a favoured destination over China and Bangladesh. China is currently facing high labour costs w

Export earnings rose 15 percent to $9.62 billion during the July-October period of the current fiscal year compared to the same period last year due to increased shipment of garment products, an official of Export Promotion Bureau said yesterday. Knitwear exports increased 18 percent, while woven garments 17 percent during the period despite some industrial disasters in recent times such as Tazreen Fashions fire and Rana Plaza building collapse, EPB Vice-chairman Shubhashish Bose said. Gar

Leading state-owned textile and garment group Vinatex is scaling up investments into the central region pursuant to the sector’s strategy to relocate factories to localities. The most recent development was Vinatex general director Tran Quang Nghi’s trip to the central region to check the progress of the group’s investment projects in Nghe An province in line with the textile and garment industry development strategy to 2020 focusing on central locations. Over the last two years Vinat

Ethnic textiles in south China once faced extinction due to a sharp decline in the number of masters, but are now making a comeback among young people. The number masters of the traditional textile techniques of the Li ethnic group, has risen to more than 10,000, compared with only about 1,000 in 2009, said Chen Ying, a provincial intangible cultural heritage official in Hainan. Technical training and school education have contributed to the renewed popularity of the art which includes spi

The textile and apparel industries of China and Brazil are complementary to each other, which makes great room for further cooperation and mutual development, Mr. Wang Yu, vice president of China Textile Import & Export Chamber of Commerce, said in his keynote speech at the China-Brazil Textile and Apparel Brand Products Forum held in the Brazilian city of Sao Paulo last month, according to a press release from China’s Ministry of Commerce. China is Brazil’s first largest importing source