MaxExtractor and MaxResistor, from Richard Hough Ltd, set new performance standards in the tough environment of modern textile wet process plants.

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NY futures traded sideways this week, with December dropping 47 points to close at 73.11 cents, while March slipped 41 points to close at 78.53 cents.

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Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged the developed nations, including the USA, to provide duty-free access of textiles and apparel items from all LDCs to their markets.

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Dhaka will formally request Washington for duty- and quota-free (DFQF) access of Bangladeshi products to US market at the upcoming mini ministerial to be held from July 21 in Geneva, Switzerland.

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Duty free export of readymade garments (RMG) to India is rising rapidly with export volume reaching 0.3 million pieces over the period from early June to the middle of this month.

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Economists yesterday rejected the International Monetary Fund's (IMF) advice to follow a contractionary monetary policy instead of an expansionary one, saying that the move would limit business and fuel inflation.

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Sharif M Afzal Hussain has been elected the new president of the executive committee of Bangladesh Specialised Textile Mills and Powerloom Industries Association for 2008-2009 and 2009-2010, says a press release.

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Bangladesh is going to launch a global standard testing laboratory by this month to test and certify exportable leather and footwear products to meet the demands of international buyers.

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Kids Fashion Week 2008, a Dubai Summer Surprises Signature Event, which concluded on July 9, is one of the most interesting and sought after shows in Dubai. Prominent global brands and designers gather here to showcase their stunning and stylish creations for the tiny tots. 
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The private operators of state owned jute mills said that they will turn the loss booking units into profit making factories by producing good quality products. This statement was made recently in a conference, held at the Jute and Textile Ministry conference room in the Secretariat.

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Recent trade data indicate that April imports rose from a month earlier to 1.4 billion (raw-fiber equivalent) pounds. Increased imports of all major fibers and all major end-use categories occurred in April.

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Dr Shehzad Arshad, Chairman Pakistan Cotton Fashion Apparel manufacturers and Exporters Association has appealed to the Honorable Minister of Commerce and Textiles Mr. Mukhtar Ahmed and Minister of Petroleum Mr. Shah Mehmood Qureshi to look into the day by day worsening situation of apparel export based industry of our beloved country.

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Bangladesh still maintains a very restrictive trade policy and has one of the highest trade barriers in South Asia, said a World Bank (WB) report published yesterday.

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