That old saying "cash is king" certainly rings true these days. Investors can't seem to get enough of it, which ultimately could be bad news for the stock market and the economy. 
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Bangladeshi entrepreneurs should go for more web-based business utilising the nation-wide internet network, as the country is still lagging behind in such entrepreneurship compared to other countries, experts said at a seminar yesterday. 
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The Council for Trade in Goods, on 29 June 2009, approved a request by Cape Verde for a one-year delay in the implementation of its WTO accession commitments. 
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An agreement, to establish a garment design centre project in the Kingdom, was signed between Jordan Enterprise Development Corporation (JEDCO) and an Italian Company. 
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At a ‘Private Sector Development Conference’, the Minister of State for Trade and Industry, Mr Tusa admitted that exports from key sectors like textiles and clothing was unsatisfactory, but has shown promising prospects for the future. 
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Two years ago, Mohammad Kamaluddin packed his meagre belongings and left behind a paltry farmhand's salary in search of a better wage in the booming textile factories of the Bangladeshi capital, Dhaka. 
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Some of the most extreme performance fibres available work very effectively in nonwoven form – including quartz crystal – the world’s purest form of silica. Blankets of nonwoven quartz have even been employed as the thermal protection systems of space rocket launchers – thanks to their intrinsic temperature resistance. 
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The NPD Group Inc announces the results of its fourth annual study on the global sports market, Global Sports Estimate 2009. According to the report, worldwide sales of sports equipment, apparel, and footwear sales remained flat at $ 284 billion USD (€ 219 billion) in 2008, down from a 4 percent increase the previous year. 
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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. 
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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. 
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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. 
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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. 
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