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Apex apparel body AEPC today asked the government to reduce customs duty on manmade fibre and cotton fabrics to boost the garment export of the country.
Apparel Export Promotion Council (AEPC) Chairman A Sakthivel said that the move would help in doubling exports to $30 billion in the next three years.
"In this regard, we have submitted a proposal for reducing the custom duty at a flat rate of 5 per cent on selected speciality manmade fibre and cotton fabrics," Sakthivel said in a statement he
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Kraig Biocraft Laboratories, Inc., the leading developer of advanced spider silk based fiber technologies, announced that the first two stages of its Monster Silk pilot production program ("program") are running ahead of schedule and that both stages of the program are on track to meet or exceed the program's goals.
The production capacity for the first two stages exceeds the Company's prior maximum capacities by a factor of four or five.
The program is designed to be the basis of the Comp
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Garment exports may touch $30 billion level in the next three years if government reduces import duty on synthetic fabrics to 5 per cent, Apparel Export Promotion Council (AEPC) has said.
"We have put up an ambitious plan for increasing garment exports to $30 billion in three years, provided import of speciality fabric, which is widely not available in the country, is allowed to be imported at five per cent customs duty," AEPC Chairman A Sakthivel said here.
At present, import duty on synt
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The export of jute sacks and bags witnessed a remarkable growth this year posting a 45.35 per cent growth in the first seven months over the same period in last fiscal.
The exporters pointed out that the earning from jute bags and sacks registered remarkable growth because of increasing demand for the item in international markets. “The export earning grew from the sector because of a growing popularity of natural fibre made products abroad. Besides, the jute handicraft enjoys the government
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Woven garment once again emerged as the country's biggest export-earning product, surpassing knitwear items during the first seven months of the current fiscal year of 2012-13.
The sub-sector of the $ 19 billion clothing industry has made a great leap outshining the growth of knit products during the current fiscal year as its demand surged due to the GSP facility offered by the EU, industry people said.
Export of woven garment fetched US$6.11 billion during the July-January of current fiscal
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Industries Minister Dilip Barua Friday said setting up of no readymade garment (RMG) factory would be allowed in the country without having required building code and other safety measures.
He was speaking at a meeting titled 'Multi-stakeholders Meeting to Ensure Safety and Build Positive Image of the Garment Industry of Bangladesh' as the chief guest.
Geneva-based IndustriALL Global Union and IndustriAll Bangladesh Council organised the meeting at a city hotel.
With IndustriALL Global Uni
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Workers from the Kingsland Garment factory in Meanchey district protest in front of the US Embassy in downtown Phnom Penh in January 2013. Photograph: Vireak Mai/Phnom Penh Post
The ongoing story of garment workers left jobless by company closures in late December is fast becoming A Tale of Two Factories: one group of workers has everything before it, the other has nothing.
It’s this widening gulf between workers at Yung Wah Industrial and Kingsland Garment – accentuated by the government’
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Ceilings in a factory owned by Ninh Binh Export collapsed 24th, Feb., killing one of the construction workers and leaving three injured.
Ten workers of Hung Yen Construction Corporation were repairing walls in the factory when the ceilings fell down.
Witnesses said the building recently housed 500 sewing workers but they had been laid off.
Police directed rescuers at the scene and evacuated surrounding households and hazardous areas.
Ninh Binh Export is a branch of Hung Yen Garment
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China's labor force aged between 15 and 59 declined by 3.45 million last year, the first drop in three decades, and an expert warned Sunday that a transformation of the country's economic structure is urgently needed in order to deal with changes in the labor supply.
The number of workers aged between 15 and 59 fell to 937.27 million last year, accounting for 69.2 percent of the total population, 0.6 percentage points lower compared with the previous year, the National Bureau of Statistics (NBS
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THE scare involving tainted school uniforms has driven some parents to take their children to hospitals, which say the parents expressed worries about cancer-linked dyes, especially after finding a rash on their child's skin.
Experts said parents needn't panic. They suggested parents buy all-cotton clothing for their children and wash new clothes before they wear them.
Officials from Shanghai Time Plastic Surgery Hospital said a mother took her four-year-old son to the hospital yesterday after