Cambodian protesters clash with military police during a garment workers' protest on January 3 to demand higher wages in front of a factory in Phnom Penh. (AFP/TANG CHHIN SOTHY) Thousands of Cambodian garment workers have gone back to work after striking to demand a $50 bonus in return for shunning walkouts in the kingdom's lucrative but troubled garment sector, a union leader said Monday. Some 20,000 workers at around 30 factories near the Vietnamese border went on strike a fortnight ago

A subsidiary company of the Taiwan-based Yunlon Group, Tai Yuen Co. Ltd, will invest in a project building a textile mill worth US$150 million (RM488.48 million) here, Vietnam News Agency (VNA) reported. General Director of Tai Yuen, Chi Wei Kung, made the announcement at a working session with provincial leaders on Monday. The project, covering around 24 hectare in Dong Van II Industrial Park, Duy Tien district, needs some 5,000 workers for its operation. Construction will begin in Aug

Workers produce footwear for export at the Da Nang Huu Nghi Company. A report by the General Statistics Office says footwear exports have reached $2.9 billion in the first four months of the year, 22 per cent or $511.2 million higher than the same period last year. — VNA/VNS Photo Cong Dien The footwear industry is strolling towards a US$12 billion export target for this year, thanks to encouraging export results in the first four months, industry insiders have said. The General Statistic

The Government of Uzbekistan has invited Bangladeshi entrepreneurs to invest in the textile sector in Uzbekistan. During a meeting with Bangladesh Prime Minister Sheikh Hasina in Dhaka, the visiting Uzbek Minister for Foreign Economic Relations and Trade & Investment Elyor Majidovic Ganiev said the significant growth of textile and apparel industry in Bangladesh is an example which Uzbekistan could learn from Bangladesh. Mr. Ganiev said infrastructure is very cheap in Uzbekistan and ur

Pakistan textile and clothing export has touched $10.384 billion in the first nine months of the current fiscal year (July-March period), a growth of seven percent over the corresponding period last year as per Pakistan Bureau of Statistics. The increased growth was seen mainly due to rise in export of raw cotton and low value-added products. Raw cotton export witnessed an extensive growth of 43.48percent. Depreciation of Pakistani currency was also one of the driving factors in export procee

The Greek textile industry has been severely affected by the rising energy costs in the country, which has led to increasing imports of textiles from countries like China, and the Government needs to take necessary action to resolve this issue, said president of the Association of Greek Textile Industry (SEVK) Eleftherios Kourtalis during a meeting with the Deputy Minister for Environment, Energy and Climate Change Asimakis Papageorgiou. During the meeting, held at SEVK, Mr. Kourtalis explai

The National Board of Revenue on Wednesday lowered tax at source on export of all items for the next 14 months. The revenue board issued a statutory regulatory order reducing the tax at source on export of readymade garment items to 0.30 per cent from 0.80 per cent and that on export of non-apparel items to 0.60 per cent from 0.80 per cent. The waiver will remain effective up to June, 2015, the SRO signed by NBR member Syed Aminul Karim said. According to the SRO, exporters of knitwear

The European project ‘TEX-MED Clusters’, which aims to improve the global competitiveness of the textile and clothing industry in the Mediterranean countries, was recently launched at the Technopole Monastir Science and Technology Park, in the Tunisian city of Monastir, reports TAP news agency. The project, funded under the European Neighborhood and Partnership Instrument (ENPI) Cross Border Cooperation (CBC) in the Mediterranean (MED) countries, also known as the ‘Mediterranean Sea Basin Pr

Brazil’s Mato Grosso state is likely to end cotton year 2013-14 with a 58.2 percent rise in inventory compared to the last season, according to a press release issued by the Mato Grosso Institute of Agricultural Economics (IMEA). Between July 2013 and June 2014, Mato Grosso would have a total raw cotton supply of 1.011 million tons, about 13.9 percent more than the last season, says the IMEA report on cotton supply and demand estimate in Mato Grosso for 2013-14 season. The closing stock of

The Long An Provincial People’s Committee has approved in principle Huafa Company (Hong Kong) last week to invest in a coloured spinning plant (including cotton dyeing, spinning) in Thuan Dao Extension Industrial Zone (Long Dinh commune, Can Duoc District). The plant, which covers 20ha, has total investment capital of US$136 million. This project aims to build a cotton dying and coloured spinning plant to produce high quality fibre to meet domestic and export demand. Source: VNS