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  • Hundreds of spectators waved British flags and cheered the arrival Wednesday of William and Catherine, the Duke and Duchess of Cambridge, at Singapore's new Gardens by the Bay park. The couple's visit is part of a nine-day tour through Commonwealth countries in Southeast Asia and the Pacific to celebrate Queen Elizabeth's Diamond Jubilee. The queen herself made previous state visits to Singapore in 1972, 1989 and 2006 -- and the public housing estate that her grandson and his wife were to
  • (VOV) - The local garment and textile sector is likely to achieve its target of earning US$15 billion from exports in 2012 ahead of schedule, said Dang Phuong Dung, Secretary General of the Vietnam Textile and Apparel Association (Vitas). Dung said that garment exports in August fetched US$1.59 billion, bringing the total export turnover in eight months to US$10.8 billion, a year-on-year increase of 6 percent. One of Vietnam’s 10 leading export items, garment exports since early this year
  • Wen Jiabao, China's premier, has promised Beijing will do more to boost flagging growth in the Chinese economy in the coming months as he delivered a spirited defence of his economic legacy and his decade in power. His speech at the World Economic Forum in the eastern Chinese city of Tianjin on Tuesday is likely to be his last high-profile appearance on the global stage before he is replaced as the third-most-senior cadre in the Chinese Communist party next month. He is scheduled to step down
  • FOR generations its textile skills, innovative ideas and entrepreneurship earned Huddersfield both wealth and a well deserved reputation for excellence. All of those things are being harnessed once again to help the town spearhead a major push to boost the skills of workers in the textile industry not just here but across the country. Huddersfield is once again leading the way, this time at the forefront of an ambitious new training programme. Its award-winning Textile Centre of Excellence
  • Authorities in Pakistan have imposed a new tax on the textile industry aimed at providing adequate energy supplies to the sector in the upcoming winter season. The Gas Infrastructure Development Cess (GIDC) is expected to generate PKR24bn (US$253m) per annum, which the government will use to finance gas imports from Iran, Turkmenistan, Qatar and India. It is hoped that the measure will resolve the country's energy crisis, which has led to persistent gas and power cuts for the textile indus
  • The country's textile and garment sector achieved a trade surplus of US$5.3 billion in the first eight months of 2012, a year-on-year increase of 24 per cent. According to the Viet Nam Textile and Garment Association (VITAS), in the first eight months of the year, the sector achieved an export turnover of $10.8 billion, an increase of 6 per cent compared with the same period last year. The textile and garment sector has taken the lead of the country's top 10 export products. VITAS attribut
  • In order to bring back the country’s highest foreign exchanging earning textile industry on track, Pakistan Government has prioritized providing uninterrupted gas supply to the industry, Dr. Asim Hussain, Adviser to the Prime Minister on Petroleum and Natural Resources, has said. Addressing textile exporters at the Pakistan Textile Exporters Association (PTEA), he said President Asif Ali Zardari has already issued directions for preparation of a roadmap for reviving the country’s textile indu
  • Badal govt sets up panel to offer perks and retain textile spinning units Less than a week after Gujarat government announced its new textile industry promotion policy offering a slew of incentives, Punjab government has hit the panic button fearing the flight of its textile spinning units to Gujarat. The state government has already formed a high powered committee to offer its own set of incentives to either match or outdo the freebies offered by Narendra Modi-led government in Gujarat.
  • The ephedrine quota allotment scam has not only created serious shortage of different medicines in the country but also adversely affecting the performance of the textile sector as a number of important issues requiring the attention of the Federal Minister of Textile Industry Makhdoom Shahabuddin remain pending due to his frequent absence from office after being declared an absconder. Informed sources in the Ministry of Textile Industry told Business Recorder that following the issuance of h
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