The Dubai Multi Commodities Centre (DMCC) is shifting from its major role of regulating commodities trading to buying and selling of Asian cotton. 
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Apparel industry of Cambodia is under threat of being running into deep trouble as many factories are pulling their shutters down which is affecting the production and thereby directly affecting the economy of the country. Main reason for the closure of garment companies is innumerable strikes of workers, leaving owners no other option other than shutting their units.

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Like various nations across globe struggling to meet their export targets, Indonesia too, is finding it difficult to achieve its goal of earning US $11 billion through exports of textile and textile products this year. The global economic slowdown, increased price of raw material and lack of demand from overseas buyers are some of the reasons for declining exports of the country. 
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AgResearch is (September 15th, 12.30pm) demonstrating for the first time how this world-first technology can detect a fake designer garment. The textile tracing system, called Verifi TT, will be demonstrated on garments created by a leading New Zealand designer, Stitch Ministry. The demonstration will be made on identical looking garments modelled by identical twins.

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In 2008 edition of Simatex (11th November, 2008 To 14th November, 2008), which will take place next November in Buenos Aires, ACIMIT (Association of Italian Textile Machinery Manufacturers) and ICE (Italian Institute for Foreign Trade) have organized a Meeting Point. It will host more than 10 Italian textile machinery manufacturers and show’s visitors will find there the most up-to-date Italian technologies in the spinning, weaving, knitting and finishing sectors.

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Exporters fear fallout from the global financial turbulence on the local garment industry as the country's major export destinations are hit hard by the economic turmoil stemming mainly from the US subprime crisis. 
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The textile and garment industry of Peru has played a vital role in the development of the country. This ever flourishing sector has given ample boost to the economy of the country with annual growth rate of almost 21.7 percent of exports in past six years. 
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China has made "considerable progress" on the road to winning the coveted market economy status, the European Commission has concluded in an internal report obtained by AFP on Thursday.

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The Bangladesh government should adopt pragmatic policies and take prompt action for implementation of a five-year roadmap to promote information technology both in private and public sectors, said speakers at a discussion yesterday.

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Profit margins on the export of RMG items will erode further as the prices of garment accessories have increased both in local and international markets, said a major manufacturer.

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The Gazipur based garment factory owners, some of whom were affected by the month-long labour unrest in August, are now upbeat on fulfilling this year's export target of their produces, expressing their satisfaction over the government measures to keep law and order situation under control. 
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An Indian company will set up a woven and knit garments industry in Dhaka Export Processing Zone involving US$ 9.776 million or about Tk 67 crore. 
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The European Union yesterday proposed updating a World Trade Organisation agreement on high-technology products to include new models and neutralise a complaint from the United States, Japan and Taiwan. 
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