559 articles in Manufacturing · Clear
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Vietnam: Apparel firms in hiring rush as exports jump
Southern garment firms big and small have turned on their recruitment engines as export orders rally for the first time since the global economic crisis hit.
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China: Textile industry still expects to achieve a full refund of export tax
China’s textile industry has been looking forward to the achievement of a full refund for textile and garment exports as soon as possible, but the latest increase of tax rebate rate does not include t...
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Bangladesh: Raw cotton consumption static in recession
Raw cotton consumption in Bangladesh remained static this year following the global recession, erratic gas and power supply to industries and increased import of yarn from other countries, industry in...
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Vietnamese garments unable to maintain quick start
Though Vietnamese garment exports increased in the first four months of 2009, the expected drop in turnover in May leaves garment export enterprises uncertain about the remainder of year.
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Pakistan's Textile sector posts 23pc growth in profit
Textile sector net profits posted a vigorous 23pc growth in the first half of FY09 over the same period last fiscal year. Demand for textiles is apparently regaining ground as textile composite and we...
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Bangladesh Textile & Yarn Producers Make Expansion Plans
There are about 300 yarn spinning factories in Bangladesh, with an annual yarn production of 9,000kt. Local spinners were confronted with losses and cumulating stocks two months ago due to an influx o...
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Turkish Textile sector begins to see signs of recovery
Turkish Textile, Knitting and Clothing Industry Workers' Union (TEKSİF) Chairman Nazmi Irgat has said Turkey's ailing textile sector has started to see light at the end of a dark tunnel amid troubles...
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Uganda's Textile industry suffocates
UNCONTROLLED importation of cheap fabrics and garments and high production costs are threatening the local textile industry. This, sector players said, would also undermine cotton production promoted...
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Plan to boost struggling clothing sector spelt out
A plan was unveiled yesterday to help the struggling textile sector, a key employer, to compete with cheap Chinese imports.
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Turkish company to build 25mln birr textile factory in Ethiopia
Nepsa Textiles Plc, a subsidiary of one of the biggest textile companies in Turkey, is set to open a factory here with an initial investment capital of 25 million birr, it was learnt.
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South Africa offers help to textile sector
South Africa unveiled a plan on Thursday to help the struggling textile sector, a key employer, to better compete with cheap Chinese imports.
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Egypt implements stimulus plan to support the spinning industry
The holding company for spinning and weaving which is owned by the Egyptian Government has finished preparing the procedures of the competitive payment to spinning mills which is approximately 0.50USD...
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US textile Giant Milliken closing Sharon Plant
A strategic economic step taken by textile giant Milliken & Co. means the loss of employment for 140 workers at the company’s Sharon Plant. Milliken announced Wednesday it is selling the automotive bo...
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274.2% growth in Tunisian textiles FDI
According Touibi Khaled, Director General of the textiles and clothing within the Ministry of Industry, Energy and SMEs, foreign direct investment in the sector have recorded a growth of 274.2% during...
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US and EU buyers are forcing Pakistani exoporters to outsource due to current Political situation
The foreign buyers are forcing the Pakistani textile exporters to fill the export orders from alternative factories located outside Pakistan, Daily Times learnt on Saturday. The rationale cited for co...
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Is Tunisia the next Dubai?
Dubai entered 2009 by becoming yet another victim of the global credit crunch; an exodus of foreign investors has been taking place during the first three months of 2009. However, not so far away, the...
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Egypt, Spain venture to launch new industrial zone
Egyptian and Spanish partners are investing almost $250 million to build an industrial zone in Egypt to attract investment from Europe despite a world financial downturn, an official said on Monday. P...
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Seardel scorns government support
South African textile and clothing giant Seardel makes no attempt to hide its disdain for the government’s lack of support for the sector. Revealing plans to close parts of its Frame Textile division,...
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Wal-Mart CEO doesn't see a quick end to recession
The head of Wal-Mart Stores Inc (WMT.N), the world's biggest retailer, said on Wednesday there remained a "lot of stress" in the economy and he did not anticipate a quick end to the recession.
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Surge in Turkey textile jobless figures
Within the past eight months more than 160,000 people employed by the ready-wear and textile industry have lost their jobs, according to the president of the Istanbul Ready-Wear and Apparel Exporters'...