Firms have shown their appreciation after Minister Tran Tuan Anh annulled Circular 37 about inspection of formaldehyde content in textile and garment products as they said it is legally groundless, costly and time-consuming. The circular was officially issued on October 10 last year by former minister Vu Huy Hoang and contained the same criteria as the document released in 2009 but with added requirements for sampling methods to reflect updated testing methods and quality management requireme

It is feared that Pakistan will miss the revised cotton production target for year 2016-17 by more than two million bales.Official sources said that 30 per cent reduction in sowing area of Punjab would be the main hurdle in likely non-achievement of the production target.The province shares more than 70 per cent of the country’s major crop area. The government had set the cotton production and sowing targets for the current Kharif season at around 14 million bales and 7.7 million acres respecti

Country’s apparel-export earnings from Russia, China and Chile registered a colossal growth in the first quarter of the current financial year of 2016-17 while the earnings from most of the non-traditional markets including India, Turkey, Brazil and Australia suffered a negative growth in the period. Readymade garment export to Russia in the July-September period of FY17 registered a whopping 61.67 per cent growth to hit $49.10 million from $30.37 million in the same period of FY16, according

Indian cotton yarn exports dropped 11.58 per cent in value and 4.44 per cent in volume during the first quarter of fiscal 2017 ended June, as against the same period last fiscal. Average cotton yarn exports from India which used to stand at 140 million kg per month have declined to around 100 million kg currently, driven by lower exports to China. “China, India's biggest cotton yarn importer, bought 99.09 million kg of yarn in the April-June 2017 quarter as compared to 149.66 million kg in th

While domestic fashion brands are still struggling to gain ground in their home market, the recent arrival of international brands in Vietnam has quickly received a heartened welcome from customers. Fashion brands that were once only available to Vietnamese customers via ‘carry-on’ sellers, those who re-sell items they had bought overseas and brought into Vietnam as hand luggage, are now having their share in the US$3 billion fashion market of the Southeast Asian country. It was at lunch b

Alliance for Bangladesh Worker Safety said yesterday 55% of high-priority repairs and 63% of all required repairs in its affiliated RMG factories have been completed However in forth year, the Alliance will focus on Critical Safety Repairs, which are most important for life safety and Establishment of Worker Safety Committees. Alliance, the retailers’ platform of North American buyers, made the disclosure in its third annual report launched yesterday. The report reflects significant pro

THE textile industry is in a dilemma as cotton trade between Pakistan and India has been hit by a rise in border tension; and traders across the border, being uncertain of future developments, are not entering into new deals. Pakistan’s Cotton Commissioner Khalid Abdullah says a low quantum of trade activity is still taking place. The government has not asked importers to stop buying cotton from India but many of them are not buying on their own as a gesture of national solidarity. However, I

PAKISTAN has lost its share in global carpet trade as its export value declined by more than 50pc over the last decade, down from $278m in 2005-06 to $97.680m in 2015-16. Quantity-wise also, the volume fell to 1,922,000 square metres in 2015-16 from 2,493,000 square metres a year ago, a drop of 22.90pc. Pakistani brands have lost to carpet exports from India in the international market. A decade ago, India in comparison, had annual carpet exports of $300m which climbed to $8bn in 2015-16

Cotton yarn exports in India declined by 11.58 per cent in terms of value and 4.44 per cent in terms of volume during April - June this year compared to the same period last year. Cotton yarn exports to China, being the major consumer has declined. China imported 149.66 million kg of cotton yarn during the first three months of last financial year (2015-2016) and it dropped to 99.09 million kg during the same period this year. The decline in exports started in April 2014. Total cotton y

Declining textile exports have prompted India to look outside traditional markets and tap the ones being served by competitors such as China. The textiles ministry of India is planning to do roadshows to promote textile exports in the new markets. They used to hold roadshows in the past and wanted to approach new markets through these. They have identified Russia, South America and West Asia to boost exports. The plan to do roadshows abroad comes in the wake of a 3.3% decline in exports i