The first textile production facility to produce medical and cosmetic cotton was opened on June 29 in the Ashgabat Textile Complex, the construction and erection of which, was done by a Turkish enterprise. Read More »

The expanded use of fabrics in modern vehicles for the replacement of conventional metal parts is increasingly being viewed as a way of reducing the weight of vehicles. Read More »

The exporters of the textile sector including the members of Pakistan Bedwear Exporters Association and Pakistan Knitwear Association have received notices from Income Tax Department to recover income tax on R&D support given by the government. Read More »

Rep. Jim McDermott (D-WA), a Member of the House Ways and Means Subcommittee on Trade, introduced the Save Our Industries Act of 2009 (SAVE) that encourages increased textile and apparel trade between the United States and the Philippines. Read More »

India's Tata Motors on Sunday announced the entry of luxury British marques Jaguar and Land Rover into India, but insisted there were no plans to assemble them in the country for the time being. Read More »

Most of the handloom owners in Sirajganj district, devastated by a two-month-long flood in 2007, have been reeling under an acute financial crisis for the last two years with many marginal and midlevel owners burdening themselves with a huge pressure of loans. Read More »

Nepali handicraft goods saw an export hike of 17 percent in the first nine months of ongoing fiscal year. Weakening of Nepali currency is the reason behind this growth, noted exporters. Read More »

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today supported the provision in the proposed budget for fiscal year 2009-10 to allow whitening of black money in exchange for payment of 10 percent tax. Read More »

Budgetary expectations drove the Dhaka stock market last week amid increasing participation of investors. Read More »

Japan’s production of man-made fibers dwindled down by 31.1 percent in the month of April as compared to the same month of the previous year; however, it increased by 10.3 percent from the previous month to 65,535 tons, according to the Japan Chemical Fibers Association. Read More »

Luxury British fashion brand, Aquascutum, manufactures premium product Made in England, highlighting its heritage, authenticity and craftsmanship. Aquascutum is one of only a few remaining British luxury brands to still produce the majority of its core product in England – at its Corby, Northamptonshire based factory – reaffirming the company’s luxury positioning. Read More »

The Thailand textile industry has witnessed reduction in exports in the first quarter, about which the Thailand Textile Institute is hopeful that it will see improvements in the second half of the year. Read More »