Asia News

EVFTA pave the way for a wider EU-Southeast Asia trade

The change of climate in Vietnam is causing its inhabitants to shift from agriculturally-rich Mekong Delta to urban areas. As recent government statistics reveals, over 1.7 million residents have relocated out of the vast expanse of fields, riv...

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Bangladesh:Exports of T-shirts to increase

Bangladesh expects to export more number of T-shirts in the coming season due to an extended summer witnessed in the West. The world’s largest cotton T-shirt producer is receiving big work orders and more is expected to come, thanks to global...

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Bangladesh: Exporters against port sharing

Apparel exporters in Bangladesh don’t think sharing seaports with India is a good idea. They feel this will add to congestion. In Bangladesh, it takes about 45 days for execution of an export order, which is 10 to 12 days in China. Due to con...

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Bangladesh: US-China trade war fuels demand for denim

Statistics from the Directorate-General of the European Commission Eurostat reveal Bangladesh denim exports to the EU, during January-August 2018, increased 4.23 per cent to reach Euro 917.14 million compared to the same period last year. The c...

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Singapore: H&M is giving VeChain test run

Singapore based VeChain launched another fashion collaboration a few weeks ago, when it teamed up with high-profile shoe artist SBTG to release Adidas shoes containing NFC chips.
Rumors of a pilot test started to spread on Reddit and Twitter...

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Garment firms move to boost exports to Canada under CPTPP

Vietnamese textile and garment firms are being active in making full use of the opportunities created by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to boost exports to Canada once the deal takes effect in ...

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Vietnam, India eye cooperation in textile

Trade between India and Vietnam in textiles has grown significantly, but there is still huge untapped potential, the Indian consul general in the city has said.
In his opening remarks at a business interaction event titled “Textiles: India...

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Vietnam: Textile suppliers get climate action training

The suppliers in Vietnam textile industry received training on climate action as part of the initiative to transform the textile industry into a more sustainable ‘Made in Vietnam’ sector. The topics covered in the recent workshop include gr...

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Vietnam: Kraig Labs signs agreement to import silkworms

Kraig Biocraft Laboratories, a leading developer of spider silk-based fibres, has signed a key memorandum of understanding with the Institute of Biotechnology – Vietnam Academy of Science and Technology (IoB-VAST) and the Vietnam Sericulture ...

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Sri Lanka:Looks to obtain GSP+ concessions on Indonesian fabric

As per Sri Lanka Apparel Exporters’ Association (SLAEA) chairman Felix Fernando, Sri Lankan Embassy to the European Union (EU) in Brussels recently submitted a proposal to obtain GSP+ concessions on fabric imported from Indonesia. Sri Lanka w...

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Sri Lanka: JAAF launches new logo and website

The Sri Lankan Joint Apparel Association Forum (JAAF) at its 15th Annual General Meeting, launched a new website and logo. The logo contains the face of a lion, an animal symbolic of our culture. Highlighting India’s diversity, the lion’s m...

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China exported textile machines worth $3.4 bn in 2017

The export of textile machines from China in 2017 amounted to $3.4 billion, a significant improvement from $2.98 billion in 2016. It also exported $0.62 billion worth of ancillaries in 2017. China-made textile machinery constitutes one-third of...

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China: First country that banned textile raw materials` export to Iran

The official import of clothes into Iran last year amounted to $59 million, which is a small part of foreign clothes in the local market, member of the board of directors of Iran Textile Exports and Manufacturers Association Majid Nami said. read more


China: Tariff increase on imports to escalate prices, hinder growth

The apparel industry is waiting with bated breath for the much-anticipated meeting between President Trump and Chinese President Xi Jinping that will decide the future of US tariffs on Chinese exports. Trump is expected to slap tariffs on anoth...

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China: To revamp textile production in Uzbekistan

The Narimteks LLC was opened in 2008 and was busy in the tailoring of women’s clothing at ordinary sewing machines. Together with Chinese partners, in 2012-2015 the production process was modernized. Modern sewing, weaving and finishing machi...

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China: Belt, Road spurs business links

China and Spain will further enrich business ties in areas including high-end manufacturing, renewable energy sources, tourism and other service sectors over the long run thanks to developments brought about by the Belt and Road Initiative, off...

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China cotton imports: West African cotton imports rise from Jul, 2018

In the first nine months of 2018, China imported 1.11 million tons of cotton, an increase of 23% year on year, and in 2017/18 season (from Sep 2017 to Aug 2018), cotton imports totaled 1.32 million tons, up 19% year on year, according to the Ch...

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Xi, Trump reach consensus, agree not to impose new additional tariffs

Chinese President Xi Jinping and his U.S. counterpart Donald Trump held a “highly successful meeting” reaching important consensus and agreeing not to impose new additional tariffs.
The two heads of state had an in-depth exchange of vie...

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Bangladesh: NBR waives VAT on 4 services for RMG sector

Bangladesh’s National Board of Revenue recently exempted four services of the export-oriented readymade garment (RMG) sector from value-added tax (VAT). The services are expenditure for workers welfare and entertainment, laboratory test fee, ...

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No plans to grant MFN status to India: Pakistan

The Pakistan government has said it has “no immediate plans” to grant Most Favoured Nation (MFN) status to India. Asked whether the government was considering granting to India and that Prime Minister was keen to hold peace talks with th...

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Pakistan: German textiles discounter KiK on trial for role in factory fire

A civil trial opened at a Dortmund court, in which four plaintiffs are demanding financial compensation from the German textile discounter KiK for its alleged role in a fatal fire at a clothing factory in Pakistan in 2012.Roughly six years ago,...

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Pakistan: APTMA seeks immediate measures to boost exports

Pakistan’s economy is facing worst conditions and the government should take immediate measures to boost exports. Zahid Mazhar, chairman of All Pakistan Textile Mills Association (APTMA) Sindh-Balochistan Region said that enhance in exports w...

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Pakistan: Govt developing export-oriented policies to enhance exports

Federal Secretary Textile Division Syed Iftikhar Hussain Babar said that the government was evolving export-oriented policies to ensure a surge in exports.
He added the government believed that an economic revolution could only be possible t...

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Pakistan: Indonesia announces concessions for Pakistan

Syed Mazhar Ali Nasir, Senior Vice President, FPCCI, during his recent visit to Turkey raised matters related to textile and surgical goods imported from Pakistan. Meanwhile, Indonesia unilaterally announced concessions on 20 tariffs and Chines...

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Pakistan: Allows cotton imports from Central Asia via land

Pakistani cabinet’s Economic Coordination Committee (ECC) recently approved import of cotton from Afghanistan and central Asian countries through the land route to meet its shortfall in the textile sector. The ECC decision followed a proposal...

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