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News - May 17, 2008

From PET bottles to nylon thread, Bangladesh

If you pass through Matuail by any chance, the waste dumping site will not spare your eyes. And also, you will find almost all along some children and women who are busy in collecting something in the garbage.

Special allocation sought for silk industry in budget, Bangladesh

Silk traders, labourers and development workers at a discussion sought Bangladesh government assistance for the development of silk industry.

Garments workers demand factory based rationing, Bangladesh

Garments workers have demanded immediate introduction of factory based rationing to enable them to cope with the run away food price hike.

Use jute geo-textile to pull back deteriorating sector, Bangladesh

The International Jute Study Group (IJSG), in a bid to increase the usage of jute, is emphasizing on application of jute geo-textile in construction of roads, highways and to prevent soil erosion.

SBP pleads Govt to review textile R&D investment policy, Pakistan

State Bank of Pakistan (SBP) Governor Dr Shamshad Akhtar has informed the Economic Coordination Committee (ECC) of the Cabinet that the textile industry was grossly misusing the Research and Development (R&D) fund, and the government should review its policy of investing billions of rupees for protecting this inefficient sector of the economy.

Benchmark now TBWA\Benchmark, Bangladesh

Benchmark Limited, a leading ad agency in Bangladesh, on Tuesday teamed up with TBWA\Worldwide, a leading global ad agency.

USA won't cite Vietnam for apparel dumping

The United States said Tuesday it found "insufficient evidence" to launch an antidumping investigation into Vietnam for its apparel exports.

Textile sector receives Rs176 bn under EFS, Pakistan

The State Bank of Pakistan and commercial banks have provided a sum of Rs 273 billion under the Export Refinance Scheme (EFS) to all eligible export-oriented sectors during the first three quarters of FY08, out of which an handsome amount of Rs 176 billion or 65% was availed by the textile sector at 7.5% - lower than ongoing 6-month Karachi Inter-Bank Offered Rate (KIBOR) of around 10.32%.

Hollywood's beauties to celebrate A Diamond Is Forever Floral Spectacular, USA

A bevy of Hollywood elite and New York glitterati flocked to historic Grand Central Station to kick off the opening of the A Diamond Is Forever Floral Spectacular, designed by chic celebrity floral designer Antony Todd, commissioned in celebration of Mother's Day.

‘Textiles of the Future' to focus on Nano textiles , Belgium

2nd International Scientific Conference 'Textiles of the Future' will be held on 13 - 15 November, 2008 at Kortrijk – Belgium.

DHL receives Asia Platinum Award

DHL, one of the world's leading airfreight and courier service companies, received the Asia Platinum Award at the 10th annual Trusted Brands Awards 2008, organized by Reader's Digest recently.
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