Engineers of 26 US retailers and brands under the Alliance for Bangladesh Worker Safety have so far closed down one factory in Chittagong, a year after the Rana Plaza collapse killed 1,138 people. The platform has suggested the review panel close down five more garment factories. The Alliance that started with seven teams on March 12 inspected 508 out of the 626 factories in Dhaka and Chittagong. “We are at the final stages of our inspection,” said Rabin Mesbah, managing director of the

The United States imported textiles and apparel worth US$ 24.84 billion in the first three months of 2014, registering an increase of 3.2 percent over imports of $24.069 billion made in the corresponding quarter of last year, according to the latest Major Shippers Report, released by the U.S. Department of Commerce. The US imported $8.799 billion worth of textiles and garments from China, which accounted for 39.54 percent share of all textile and garment imports made by the US in January-Marc

The government is all set to announce new textile policy (2014-19) on June 30 with maximum incentives for the value-added textile sector, envisaging textile exports of over $26 billion in the next five years, said Federal Minister for Textile Industry Abbas Khan Afridi "The textile ministry has proposed major incentives for the value-added textile sector, including giving 6 percent subsidy on the import of textile machinery and reducing the interest rate to 8 percent against current 12 perce

At least 12 readymade garment factories out of 252 inspected by the experts of Bangladesh University of Engineering and Technology may face closure as severe structural faults were found in those units. The BUET experts said they had found structural flaws in 25 per cent of their inspected RMG factories while five per cent of the factories were highly risky and the number of the factories might be more than 12. Under the arrangement of the government and in association with the Internati

The exports of knitted or crocheted apparel and clothing accessories (under HS code 61) from the Southeast Asian nation of Indonesia dropped marginally by 2.34 percent to US$ 844.7 million in the first three months of the current year, compared to exports of $864.9 million made during the corresponding period of last year, the data from Statistics Indonesia showed. In March 2014, Indonesia’s knitwear exports stood at $269.3 million, showing a decline of 2.09 percent over exports valued at $27

At least two Chinese nationals have been killed and over 100 Chinese hospitalized after rioters attacked Chinese companies in Vietnam, sources told Xinhua on Thursday. An unidentified Chinese national was found dead in a Taiwanese- invested factory of Foming Bicycle Parts in southern Vietnam's Binh Duong Province, some 1,120 south of Vietnam's capital Hanoi. Local police has dealt with the case and diplomats from the Chinese embassy will be arriving there.Another Chinese national was killed i

Is it just me or does May feel more like March? That's why this cheery photo of Dianna Agron wearing a pretty summer dress and weekend kicks—coming from brunch in sun-soaked Los Angeles, no less—makes me wish for the summer even more! Dianna threw together an easy, comfy, and cute ensemble by pairing her aqua floral J.Crew fit-and-flare dress with neutral Soludos derby shoes—a balmy-weather-appropriate alternative to neutral heels or those ubiquitous slides. Her elegant chain-link shoulde

China is the biggest importer of coir based products from India. During 2013-14, a total of 192,110 tones of coir products, valued at Rs 360.5 crore were shipped to China, a growth of 32 percent on value terms, according to Indian Coir Board. India exported 537,040 tones of coir and coir based products, valued at Rs 1476 crore. In the previous financial year, total export was 429,501 tones valued at Rs 1116 crore, a rise by 25 percent was recorded in the volume of coir based products. Exp

Vietnam to only further enhance the Chinese textile industry with the lifting of tariffs on garments made by TPP members from the yarn stage forward expected to come through soon as the Trans-Pacific Partnership negotiation is going on between Vietnam and 11 other countries including big economies like the US, Canada, Japan and Australia. Most of the Vietnam's textiles and garments are mostly made from Chinese yarn. Vietnamese textile investors are going to lose out the chance at tariff cuts

Cotton production in Zimbabwe is likely to increase by 31 percent in 2013-14 season due to good rains in most parts of the country during the cotton growing season, the Cotton Growers Association has said, reports The Herald. Owing to good rains, cotton output for 2013-14 is projected to increase to 190,000 tons from 145,000 tons harvested in 2012-13 season, the association said. Cotton is one of the largest sources of foreign currency for Zimbabwe, but it faces production constraints due