In recent years, as China replaced Japan as the second largest trading country in the world, and became the second largest industrial manufacturing country in the world after the United States, its international status as the "world factory" is gradually solidified. However, compared with 10 years ago, China's labor cost advantage has significantly weakened. Part of the manufacturing industry is shifting to Southeast Asia. Coupled with accelerated process of "re-industrialization" in developed

Minster of Petroleum and Mineral Resources Ali Al-Naimi Saudi downstream industries are still restricted despite tremendous revenue generated by the petrochemical industry in Saudi Arabia. Minster of Petroleum and Mineral Resources Ali Al-Naimi announced recently that total production in petrochemical industry is expected to exceed 80 million tons in 2015. The announcement was made during the Gulf Petrochemicals and Chemicals Association Forum in Dubai. Al-Naimi also said that he expected

The Mozambican Agriculture Ministry in December of last year launched a pilot agricultural insurance programme for cotton producers and companies that promote the crop in two districts of Nampula province, said a ministry official. Osvaldo Catine, head of the Department for Studies and Projects of the Agriculture Ministry, said that the insurance was part of the Strategic Plan for Development of the Agricultural Sector and is intended to protect rural workers and increase investments in this a

Joining the ranks of Beach Bunny sensations Kate Upton, Rosie Huntington-Whiteley, Candice Swanepoel, Cameron Russell, Chrissy Teigen and the Kardashians, Sports Illustrated cover model Irina Shayk is back for a second time with the swimwear brand and armed with hot design collaboration, Irina Shayk for Beach Bunny. The season begins with Irina shooting Beach Bunny’s Spring Lady Lace and Bronze campaigns that are shot under the simmering sun by world renowned photographer Yu Tsai. Unveiling t

Now a partnership between Oxfam, Marks and Spencer and Glasgow Caledonian University is setting out to cut the huge amount of clothes which end up in landfill. For the first time, a University partner has hosted a ‘shwopping’ event in conjunction with M&S and leading charity Oxfam. Staff and students at GCU’s post-graduate London campus were the first to benefit from the University’s tie-up and ‘shwopped’ their unwanted items for M&S vouchers during a Valentine’s Day event. Shwo

A new apparel manufacturing factory is all set to begin production during the next few days in the war-ravaged region of Kilinochchi, in Northern Province of Sri Lanka. This would be the first garment factory to commence operation under the Uthuru Wasanthaya (Northern Spring) programme of the Sri Lankan Government. Once operational, the unit will employ about 1,500-2,000 men and women, and training programme is already underway, according to the Ministry of Economic Development. The gar

Tommy Hilfiger is pleased to announce the opening of its West Coast flagship, located at the corner of Robertson and Beverly Boulevards. The new flagship is an important step in reestablishing the brand in the LA market. "I love LA. The city is an iconic U.S. destination and the new West Coast flagship celebrates the brand’s long history of involvement and collaboration in art and entertainment," said Tommy Hilfiger. "Robertson Boulevard is the perfect home for all our collections. LA’s uniqu

The delay in arrival in market of remaining of cotton crop due to farmers holding back their crops coupled with low production and yarn mills going for bulk purchase of Cotton in the last leg of season, has resulted in rise in Cotton prices in past few days. As per an estimate the overall production of Cotton in three northern states of Punjab, Haryana and Rajasthan was expected about 10 lakh bails less than last years total production of 55 lakh bails. Former president of northern India cot

Retail Group of America is pleased to announce that it has executed a 52 lease package with Pyramid Management Group, the largest privately owned developer of shopping centers in the Northeast. The leases are for specialty French, Spanish, German and British fashion brands such as Promod, Jennyfer, Cortefiel, Women's Secret, New Yorker, Ziddy, Sergent Major, Suite Blanco and Lipsy; all of which are new fashion branded concepts to the United States. Launching initially on both coasts, RGA plan

Faced with stagnating yields from Bt cotton hybrids, seed makers are now advocating high-density planting or putting more plants an acre by reducing the spacing to boost the output. Nuziveedu Seeds, the largest Bt cotton seed vendor, has experimented the concept of high-density planting in about 10,000 acres in Vidarbha covering some 3,500 farmers last kharif in a public-private partnership (PPP) project to improve cotton production. “We are looking to scale up this project to about one lakh