Dhaka, July 6 (UNB) – Despite the increase in the prices of raw jute as well as the manufacturing cost of jute yarns in the fiscal 2012-13, the country’s yarn exporters are facing losses as the international prices keep falling due to unrest in the Middle East and the Eurozone crisis. Although the total earnings from jute yarn export is expected to stand higher in the fiscal 2012-13, compared to the earning of its preceding fiscal, the price per unit has been in the downtrend over the same pe

Japan is gearing up to make Burma the new sweatshop of Asia, said a report by The Economist citing the case of Famoso Clothing, which is closing its factories in China and moving operations to Rangoon. Famoso is part of Daiei Ready Made Clothes Corporation, based in the Japanese city of Nagoya, and makes men’s suits for the Japanese market and others. Until recently, most of its production was at three factories in China, where it employed thousands of workers. “Three years ago two of t

Some foreign countries such as China, Hong Kong , French, Singapore and Japan will operate garment industry including rice and other agricultural with Cutting, Making and Packing(CMP) system in Myanmar, according to Foreign Investment Law. A Chinese companies such as Jiangsu Solamoda Garments Group Co;Ltd and Dong Fang Star Garment Factory Ltd will carry out the garment industries with CMP system at Shwe Than Lwin industrial zone in Hlaingthayar Township and Halingthayar industrial zone-1.

knitwear exports Textile exporters face problems in fulfilling their orders due to the lack of power supply. The exporters said that a few months ago the textile sector received huge orders from China and other Far Eastern countries. “Now all the value-added sectors, particularly apparel sector received heavy orders,” said Adil Butt, chairman of the Pakistan Hosiery Manufacturers Association (PHMA). The knitwear exports in May increased by 25.5 percent in quantity over the exports made durin

Desi cotton varieties are likely to open up a huge export market of surgical cotton, giving a remunerative alternative to cotton farmers from rain-fed areas like Vidarbha. India is the only country that grows desi cotton varieties highly suitable for surgical cotton. The project of high-density cotton cultivation using desi varieties, being implemented by the Central Institute of Cotton Research , has been extended to 37 rain-fed districts this year after being implemented in 8 districts of Vi

The textiles ministry has finalised an area expansion plan proposed by the Central Silk Board (CSB) in an effort to increase the production of silk in the 12th five-year Plan. The CSB has planned to bring additional 59,000 hectares (ha) under cultivation of mulberry silk in both traditional and non-traditional areas. “We have set a target of increasing the silk production to 32,000 tonnes by the end of the 12th Plan period and this requires additional area. Over a period of four years, we have

Amid moderate buying cotton prices remained steady on Saturday. The supply of new crop phutti (seed cotton) resumed after a short interval caused by rains in lower Sindh. According to floor brokers, the steady arrival of new crop is generating trading activity because many spinners looking for quality lint are now replenishing their stocks and so far around 30,000 bales of new crop have been processed by ginning factories in Sindh and Punjab. A round 30 to 33 ginning units have started opera

Seeking to boost raw silk production, India is planning to increase the area under mulberry cultivation in the country, Press Trust of India (PTI) reports. Union Textiles Minister Kavuri Sambasiva Rao said here on Thursday that mulberry cultivation is to be taken up in an additional 59,000 hectares during 12th Plan period. The government had set a target of 32,000 metric tonnes of raw silk production, including 5,000 tonnes of superior quality of bivoltine raw silk during the 11th Plan perio

Nine renowned US mills will exhibit at 15th edition of Texworld USA, North America’s largest apparel fabrics show, to showcase innovative textile materials sourced closer to North American market to meet the growing demand for textiles and apparel. These represent the complete supply chain from spinner to knitter to full package garments. Buhler Quality Yarns, Design Knits, Laguna Fabrics, Mansfield Textiles, Texollini and Tuscarora Yarns will be part of the Lenzing pavilion. Among companies e

The Central Cotton Research Institute Multan said that 5.78 million acres of land has been brought under cotton crop cultivation against the target of 6.0 million acres in the province, out of which 4.89 million acres consist of core areas of cotton crop. According to a press release issued by CCRI on Saturday, the statistics were reviewed at a meeting under the Chairmanship of Agriculture (Research) Punjab Director General Dr Noor-ul-Islam. Dr Noor-ul-Islam told the meeting that area under su