Alliance for Bangladesh Worker Safety, a platform of North American buyers, has estimated that a RMG factory will have to spend on an average $0.25 million for fire and electrical remediation as the initiative found fire and electrical faults in all the factories it inspected. At a press conference in Dhaka on Saturday, Alliance managing director M Rabin said Elevate, an American business advisory service firm, in association with Alliance was going to organise a three-day International Trad

Production of raw jute is likely to fall this financial year due to heavy rain and floods In an effort to ensure jute use in packaging, the government has extended the ban on export of raw jute for an indefinite period. In an order issued yesterday, the Textiles and Jute Ministry said the raw jute export would remain suspended until further notice for making use of jute mandatory in packaging of products. On November 3, the government had banned jute exports for a month. The governm

Aditya Birla Group, the world's largest viscose staple fibre (VSF) maker, is driving an initiative to handhold a large number of textile value-chain partners across the country by supporting them from design development and technical support to marketing and buyer linkages. With this initiative, the $41-billion company wants to help propel the country to be the world's top cloth manufacturing hub. As part of the national drive, called Liva Accredited Partner Forum (LAPF), aimed at improvin

The decision of Egypt's state-owned airline Egypt Air to suspend the shipping of commercial cargo on passenger flights bound for New York and Canada has triggered a crisis in the export of Egypt's spinning, weaving and garments sector, according to media reports. Egypt Air said that the decision to ban freight on passenger flights is based on recommendations by the US Transportation Security Administration y delegation, which visited Egypt last week, in the aftermath of the Russian jet crash

The Nigerian new administration favours the revival of the country's textile and footwear industry as it would play a significantly major role to diversify the economy. Not only could it result in revenue diversification and reduce pressure on the import bill, it could also help boost employment, said FBN Capital, the local financial institution. The Nigerian Investment Promotion Commission (NIPC) recently announced it would work closely with National Cotton, Textile and Garment (CTG) policy

A woman in a fur coat checks new arrivals at a store in Haining, Zhejiang province. China's fur exports dropped 15.7 percent in the first nine months to $2.47 billion.[FENG HAIJUN/FOR CHINA DAILY] Fur production, export and consumption are languishing this year, with growth rates dropping significantly from last year, according to the latest industry figures. Huang Yanjie, director of the fur committee of the China Leather Organization, said the sector has grown at its slowest pace in the

The government has banned exports of all types of raw jute for an indefinite period, according to an order issued by the textiles and jute ministry yesterday. The decision has been taken to meet the country's additional demand for jute in implementing the mandatory jute packaging law, Mirza Azam, state minister for textiles and jute, told The Daily Star. Earlier, the government had imposed a similar ban for a month, starting on November 3. “We will be in a crisis if we don't stop raw ju

India's total cotton output in the country is estimated to be 370.50 lakh bales for the 2015-16 season which began on October 1, the CottonAssociation of India (CAI) has said. In a press release, it said the figure is same as the October estimate of 370.50 lakh bales (of 170 kg each). Tthe estimate is lower by 12.25 lakh bales than the output of 382.75 lakh bales for the cotton season 2014-15, it said. The crop damage in Punjab and Haryana due to the whitefly attack this year is a major fa

The Vietnam Textile and Apparel Association (VITAS) said that the garment and textile sector exports will grow an average of 11.5 per cent per year from now till 2020. According to the VITAS reports, the sector is expected to generate export revenue of US$27.5 billion this year, and increase this value to $31 billion next year and $45 billion to $50 billion by 2020. Vietnam's garment and textile exports totalled $20 billion in the last nine months of this year, an increase of 10 per cent o

Pakistan local textile industry badly affected by the surge in import of man-made fibre (MMF) yarns, including polyester, acrylic and fabric, in the domestic commerce. The import of MMF yarns has surged to 72,300 tonnes in 2014-15 against 47,700 tonnes in 2012-13. Similarly, the import of fabric made from MMF yarns has also reached to 562,000 square metres in 2014-15 against 180,000 square metres in 2012-13, according to the Acting Chairman Shahid Mazhar of All Pakistan Textile Mills Association