A new platform of garment trade unions on Thursday demanded that the government set the minimum wage for apparel workers at Tk16,000 and implement it within six months. Garments Sramik Mojuri Andolan (garment worker wage movement), an organisation of 25 government-registered associations, made the demands while announcing its three-point demands at a press conference held in Dhaka on Thursday. Lima Ferdous, convener of the organisation, said, ‘The minimum wage for the garment workers must

China's foreign exchange regulator will support "capable and qualified" businesses to invest overseas this year to advance cross-border investment. The State Administration of Foreign Exchange (SAFE) said at a conference it will steadily push forward capital account convertibility and protect the interests of foreign investment. The statement came as Chinese authorities tightened regulations on overseas investment and advised companies to make investment decisions more carefully. SAFE w

The textile millers who took bank loans through illegal means and defaulted on repayment will be blacklisted, the trade body that represents the millers said yesterday. “We will discuss the names of the blacklisted members at the next board meeting and propose cancellation of their membership,” said Mohammad Ali Khokon, acting president of the Bangladesh Textile Mills Association (BTMA). “Once such mills are blacklisted, it will be difficult for them to do business in the country.” Over

Punjab Secretary Agriculture Muhammad Mehmood on Sunday said that South Punjab would be recognised as a cotton valley by 2020 in the world. He expressed these views in a statement issued here by the agriculture information department here. Different steps were underway to make this region a hub of cotton . Funds worth billions of rupees were being spent on improving the agriculture sector, he said. "We are paying immense focus on mechanised farming and promoting modern technology in the regio

While export prospects of khadi are assured with the world preferring eco-friendly products, the share of khadi is very low — less than 0.22 per cent — in the textile sector in India, minister of commerce and industry Suresh Prabhu told a recent roundtable titled ‘Khadi: Local to Global’, organised by the Indian Institute of Foreign Trade(IIFT) in New Delhi. As the textiles and apparel sector has made a significant contribution by providing direct and indirect employment to around 35 million

The 34th International Cotton Conference 2018 will emphasise on sustainable cotton and textile production. The conference will provide a forum for scientifically founded and practically useful insights into key issues surrounding cotton and its supply chain. It will also focus on the priorities of consumers in their key role as buyers in the market. Cotton Insights is the motto for the 2018 International Cotton Conference in Bremen, Germany, beginning March 21. The three-day conference will b

The Vietnam Leather, Footwear and Handbag Association (LEFASO) has invited Skechers, a major footwear manufacturer in California, to study the possibility of investing in the country’s northern province of Hai Duong, according to association chairman Nguyen Duc Thuan, who is also the chairman of the TBS Group based in the southern province of Binh Duong. This project may need 20,000 workers, a report in a Vietnamese news website said. A rival to Nike and Adidas, Skechers wants to shift i

The Vietnam Leather, Footwear and Handbag Association (LEFASO) has invited Skechers, a major footwear manufacturer in California, to study the possibility of investing in the country’s northern province of Hai Duong, according to association chairman Nguyen Duc Thuan, who is also the chairman of the TBS Group based in the southern province of Binh Duong. This project may need 20,000 workers, a report in a Vietnamese news website said. A rival to Nike and Adidas, Skechers wants to shift i

Usha International, India's leading manufacturer of sewing machines, fans and home appliances, is all set to introduce its sustainable fashion initiative Usha Silai at the Lakme Fashion Week (LFW) Summer/Resort 2018. The Usha Silai project will be an innovative fashion concept showcasing eco-friendly and creative concepts of four designers. The sustainable fashion concept aims to empower women in rural areas with skills and resources to create clothes and accessories that can be retailed in t

With the Ministry of National Food Security refusing to issue permission to the trucks containing cotton from Central Asian states to enter Pakistan, and instead instructed them to seek clearance from the Karachi port. As a result Pakistan textile industry facing supply crisis as over 150 trucks laden with cotton collecting dust on Pak-Afghan border. According to experts, the local textile industry already facing immense difficulty competing in the region can be hit hard by cotton supply cris