Recently, the Ministry of Industry and Information Technology has published the "Guide to the Development of Key and Common Industrial Technology (2013)", defining 261 technologies for 8 major industries including raw materials industry, equipment manufacturing industry, consumer goods industry, electronic manufacturing industry, software & information technology industry, communications and informationization industry and productive service industry will enjoy priority in development. These

Textile exports to the European Union (EU) are expected to surge by up to $1bn a year as the 27-nation bloc granted the much sough-after Generalised System of Preferences (GSP) Plus status to the country, effective from Jan 1, 2014. Though the brighter prospects of raising exports to the EU market after the grant of duty-free and preferential duty rate access on 3,500 products have buoyed the businesspeople – particularly the textile and clothing exporters in Punjab – growing energy shortages

Cotton yarn exports have started moderating, owing to a fall in orders from China and the withdrawal of a few export incentives. This, along with weak demand in the domestic market, has resulted in higher inventory levels. “Export demand has become weak; domestic demand is also very weak. Spinning mills have already started sitting on surplus cotton yarn inventory,” said Vardhaman Group Chairman S P Oswal. However, due to good demand for cotton yarn from China and South American countries

The government’s ambitious plan to achieve a 30% jump in textile and garment exports to $43 billion this fiscal and partly offset the impact of a domestic slowdown may go haywire. A 9.3% appreciation of the rupee since its lowest in August may restrict the pace of textile and garment export growth to a moderate range of 10-15% this fiscal, especially in the absence of any major policy intervention and the withdrawal of an up to 4% incentive on yarn exports in September, senior industry executive

Garment industry, Cambodia's largest income maker, reported a 24 percent rise in exports in the first ten months of 2013, according to figures of the country's Ministry of Commerce Thursday. The figures showed that the country exported garment products in equivalent to 4.76 billion U.S. dollars during the January- October period this year, up 24 percent from the 3.82 billion U.S. dollars over the same period last year. In October alone, the Southeast Asian nation exported garment items wor

The company has been discharging untreated waste water into the Dong Dien River for years, environmental police said last week. The HCM City People's Committee has asked the Department of Resources and Environment to immediately suspend operations of the Hao Duong Leather Joint-Stock Company for its continued violations of environmental regulations. In a document sent to the department on Monday, Chairman Le Hoang Quan said the company had repeatedly broken the law, affecting the living co

According to the Ministry of Industry and Trade, the January-October figure was estimated at $14.8 billion, representing a year-on-year increase of 18.7 percent.— VNA/VNS Photo Viet Nam's garment and textile export turnover is expected to hit US$19 billion this year, $1 billion higher than the set target. According to the Ministry of Industry and Trade, the January-October figure was estimated at $14.8 billion, representing a year-on-year increase of 18.7 percent. The Republic of Kor

Recently, China Textile Machinery Co., Ltd. (CTM) launched its G6500F jacquard towel loom on the domestic market. The localization rate of this new rapier loom is up to 80%. G6500 towel loom is developed by combining introduced technology with localized key parts such as side panel and frame. Thanks to the changing reed stroke driven by servo motor, the yarn is subject to very low tension, and this plays important role in improving productivity and machine quality and enlarging pattern select

Bandar Seri Begawan ( Brunei Times/ ANN) -- SIXTY per cent of ASEAN migrant workers are not covered by labour laws, trade unions or minimum wage, said a regional human rights activist yesterday. Sinapan Samydorai, head of the ASEAN task force on migrant workers, said the majority of migrant workers in Southeast Asia are employed in the informal sector, such as domestic workers, and are not covered by national labor laws. “Unless all ASEAN members enforce the ASEAN Declaration on the Protec

The European Union’s International Trade Committee has reportedly approved the list of countries applying for the EU GSP Plus status including Pakistan. Analysts said the GSP Plus status for Pakistan will result in an increase in textile exports particularly in the higher value-added segment of the textile chain whereby fabrics, readymade garments and made-ups will receive duty-free access to the EU market. However, growth in total textiles exports under the GSP Plus scheme is capped at