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.
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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.
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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.
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The global economic crisis could lead to dangerous social upheaval if certain steps are not taken, World Bank chief Robert Zoellick warned in an interview Sunday.
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Export-import activities of the Dhaka Customs House (DCH) have gone automated amid hopes of providing prompt and transparent services to the business community.
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The central bank governor of Bangladesh yesterday backed readymade garment exporters' demand for subsidy on bank interest rates in the upcoming national budget to combat the global recession fallout.
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