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A service for textile industry professionals · Friday, January 17, 2025 · 777,952,901 Articles · 3+ Million Readers
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  • Published on 17:08 GMT

    Indonesia eyeing US tariff reduction to shield key exports like apparel

    Image Courtesy: Business of Fashion As President-elect Donald Trump’s tariff rhetoric continues to escalate, Indonesia’s Government is trying to negotiate a favourable trade agreement with the United States that would reduce tariffs on goods like clothing …

    Source: Apparel Resources - Label Pending
  • Published on 08:46 GMT

    Canadian delegation plans visit to seek investment opportunities

    The Canadian embassy’s David Verbiwski (second from left) and Hun Lak (second from right), secretary-general of the Cambodian Oknha Association (COA), during their January 15 meeting. Supplied A Canadian business delegation is scheduled to visit Cambodia …

    Source: The Phnom Penh Post - Pro-Government
  • Published on 09:06 GMT

    Rising imports alarming for apparel manufacturers

    Image Courtesy: https://blogs.adb.org/ From April to November 2024, India imported US $ 108.54 billion worth of clothing, and by the end of 2024-2025, it is expected to have imported about US $ 158.54 billion worth of clothing. The primary …

    Source: Apparel Resources - Label Pending
  • Published on 02:57 GMT

    Aeon Mall hits the right note in Japan and Vietnam, but China is still problematic

    t from the same period a year ago. Operating income kicked up in the double digits but net income took a hit from restructuring costs, reaching 12.3 billion yen ($77.7 million, down 16.5 per cent year-on-year). Operating revenue rose by 3.2 per cent in …

    Source: Inside Retail Asia - Neutral
  • Published on 02:14 GMT

    Rising imports worry apparel manufacturers

    India imported garments worth ₹8,900 crore from April to November, 2024 and the year 2024-2025 is likely to end with almost ₹13,000 crore worth apparel imports. File | Photo Credit: The Hindu India imported garments worth ₹8,900 crore from April to …

    Source: The Hindu - Center-left
  • Published on Jan 16, 2025

    Vietnam Manufacturing Tracker

    The manufacturing sector is the cornerstone of Vietnam’s economic growth and resilience. The government has undertaken several initiatives to leverage the country’s inherent strengths, resulting in tangible outcomes supported by compelling data. The …

    Source: Vietnam Briefing - Neutral
  • Published on 07:43 GMT

    Yarn Expo Spring 2025 to Focus on Polypropylene & Functional

    January , 2025, Shanghai: The growing demand for high-performance and environmentally friendly textiles is driving a current transformation in the polypropylene yarn market. Improvements in polypropylene and functional yarns are becoming crucial as the …

    Source: Textile Value Chain - Label Pending
  • Published on Jan 16, 2025

    Business News | NCLT Approves Resolution Plan for RITE BUILTEC PRIVATE LIMITED

    PRNewswire Mumbai (Maharashtra) [India], January 16: In a landmark ruling, the National Company Law Tribunal (NCLT), Mumbai has approved the resolution plan for RITE BUILTEC PRIVATE LIMITED, having an SRA (Slum Rehabilitation Authority) project located in …

    Source: Latestly - Uncategorized
  • Published on Jan 16, 2025

    Vietnam apparel sector advised to prepare for new US trade policies

    Image Courtesy: https://asia.fes.de/ It has been suggested that Vietnam’s clothing and footwear industries prepare for possible shifts in trade dynamics when the next US administration assumes office. According to reports, speakers at the …

    Source: Apparel Resources - Label Pending
  • Published on Jan 15, 2025

    Indonesia to Seek Reduced Tariffs On Key US Exports Like Apparel

    With President-elect Donald Trump’s tariff bluster showing no signs of abating, Indonesia‘s government is hoping to strike a fortuitous trade deal with the U.S. that would decrease duties on products like clothes and shoes. “We are requesting bilateral …

    Source: Sourcing Journal - New York - Neutral
  • Published on Jan 15, 2025

    “AmCham, U.S. businesses play pivotal role in driving growth”

    6 The U.S. remains focused on fostering an environment of good governance and anti-corruption measures, which are vital for creating a thriving, business-friendly atmosphere in Sri Lanka, opined US Ambassador to Sri Lanka Julie Chung at the ‘Elevate Sri …

    Source: Daily News - Label Pending
  • Published on 06:00 GMT

    The Rise of Southeast Asia: A New Era in Global Manufacturing?

    The Southeast Asia (SEA) region is rapidly positioning itself as one of the leading manufacturing hubs in the world, capturing the attention of global investors, manufacturers, and supply chain experts. This growth is driven by competitive labor costs, …

    Source: Thailand Business News - Neutral
  • Published on Jan 15, 2025

    Inflation and export growth shaping Pakistan’s economic outlook

    Pakistan’s macroeconomic indicators show two notable positives: inflation is on the decline, and exports are improving. The Consumer Price Index (CPI), which measures inflation including the impact of imported goods, dropped to 4.1% in December 2024, down …

    Source: Weekly Cutting Edge - Label Pending
  • Published on Jan 14, 2025

    ASEAN Trade Pact Review Snags on Tariff Discrepancies, Impacting Indian Textile Industry

    The anticipated overhaul of the 14-year-old India-ASEAN Trade in Goods Agreement (ATIGA) is facing unexpected delays, potentially impacting the Indian textile industry. Originally slated for finalization at next month’s Jakarta meeting, the review has hit …

    Source: Textile Value Chain - Label Pending
  • Published on 02:11 GMT

    As the (Customs and Trade) World Turns: January 2025

    Welcome to the January 2025 issue of “As the (Customs and Trade) World Turns,” our monthly newsletter where we compile essential updates from the customs and trade world over the past month. We bring you the most recent and significant insights in an …

    Source: National Law Review - Neutral
  • Published on Jan 14, 2025

    China Exports Skyrocket 10.7% in December as Trump Tariffs Near

    Chinese exports reached record levels in December as companies made a mad dash to get product into the U.S. ahead of President-elect Donald Trump’s return to the White House—and the expected imposition of a new slate of tariffs on goods originating in the …

    Source: Sourcing Journal - New York - Neutral
  • Published on Jan 14, 2025

    Vietnam’s Economic Outlook for 2025: Push for Digitalization and Sustainability

    Vietnam’s economic outlook for 2025 is highly positive, and industries primed for investment-led growth include manufacturing, technology, retail, and renewables. The country surpassed all socio-economic targets set by the National Assembly for 2024, with …

    Source: Vietnam Briefing - Neutral
  • Published on Jan 14, 2025

    Kolon boosts tire cord business amid rivalry with HS Hyosung

    Kolon Industries' tire cord plant in Vietnam / Courtesy of Kolon Industries Production facilities to be relocated from China to Vietnam By Park Jae-hyuk Kolon Industries announced on Tuesday that it will invest around 30 billion won ($20 million) …

    Source: The Korea Times - Center-left
  • Published on Jan 14, 2025

    India to promote its textiles as political crisis hits Bangladesh's exports, say sources

    ‹‹ 1 of 2 FILE PHOTO: Workers sew jeans in a garments manufacturing unit in Ahmedabad, India, December 13, 2022. REUTERS/Amit Dave/File Photo 2 of 2 FILE PHOTO: Workers sew jeans in a garments manufacturing unit in Ahmedabad, India, December 13, …

    Source: The Straits Times - Pro-Government

03 days 10:36:03

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