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  • Bangladesh's garment industry can save at least $150 million a year by introducing an environment friendly production method, according to a study of the International Finance Corporation. Cleaner production will also make the industry more competitive in the global market, said the study. The study was released at a seminar on 'environment friendly and resource efficient production: the context of textile and clothing industry' organised by Bangladesh Garment Manufacturers and Exporters Associ
  • Bangladesh, the world’s second largest garment exporter, wants to take over China’s spot as the number one nation in the industry. It has a young workforce, a minimum wage three times lower than China’s, and preferential treatment under European import laws. There are major challenges to overcome, however, including power shortages, poor infrastructure and an ageing sea port. Bangladesh’s neighbor, Myanmar sees an opportunity in those shortcomings. It is investing in a huge new port to lure
  • For the weavers of Kanchipuram, the darkness has now become a part of their daily life. With a massive six-eight hour power cut everyday, business in the silk capital of India is taking a massive hit. And due to decline in production, the weavers are now forced to move to other lucrative professions. With most weaving units set up within their own houses the weavers are forced to depend on either sunlight or other small lights to do their job. For weavers like 48-year-old Venkatesan, there's l
  • China Textile City Fabric Market (2012-12-17)Unit: yuan/m Collector: Jiang Jianren Item WidthCM Specification/Weight(meter) Wholesale Price:yuan/meter Wool/Polyester/Viscose colored cloth 150 600 25.50 T/R80/20 double-stranded Buddy 145 32S/2×32S/2 102×54 14.50 Embroidery rayon fabric 145 30S×30S 68×68 9.30 T/R Shirts Cloth 145 28S/2×28S/2 102×60 9.80 Full-size polyes
  • DyStar is to transfer its textile chemical production from its plant in Hangzhou to a multi-purpose manufacturing facility in Nanjing, China. The move is part of the company’s plans to strengthen its manufacturing capability for textile chemicals. In addition, the state-of-the-art plant in Nanjing started the production of dyes in 2006. Since then, it has expanded to producing almost 14,000 tonnes of textile dyes annually. The plan for next year is to increase this production to around 2
  • A Japanese glove factory is currently under construction just outside the Bago city, which is located 60km north from Yangon, sources reported. Being next to a large Korean garment factory ‘Myanstar’, the factory is on the Nyaung Inn Junction of busy Yangon-Mandalay road and Nyaung Inn-Tike Kyi road. It is a full percent foreign investment, and its construction started in the summer (around April), a local said. He also added that a group of Chinese businessmen recently visited the land
  • Friday’s deadline for the legal registration of Burmese migrant workers in Thailand will probably not be extended and more than 1 million workers now face an uncertain future in which they could be deported or fall victim to corruption and abuse, a labor rights advocate warned. Andy Hall, a migration expert at Bangkok’s Mahidol University, said Thailand is determined to implement its Dec.14 deadline, after which migrant workers can no longer complete a procedure to verify their nationality an
  • Despite the difficult economic situation in Vietnam, the highest year-end bonus in export processing zones (EPZ) and industrial parks (IP) in HCM City is at VND217 million (over $10,000). The enterprises in EPZs and IPs in HCM City have completed the plans on Tet bonus for their workers. Accordingly, the highest bonus for this New Year belongs to an employee of a foreign-invested company, with VND217.3 million (over $10,000). The average and the lowest bonus of foreign firms ar
  • Apparel exports from Peru are likely to grow between 11 and 13 percent year-on-year to surpass US$ 1.6 billion mark by the end of the current year, according to the estimates of the Apparel Committee of the Sociedad Nacional de Industrias (SNI or National Society of Industries). Chairman of the Committee Mario Fiocco Bloisa explained that the apparel sector's growth will be driven by market diversification, especially from neighboring countries. He forecasted that clothing exports from Peru t
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