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Myanmar has found new export markets in Latin American countries for its garment products with 25 percent of them being exported to such nations as Mexico, Argentina and Brazil in the continent, a local press reported Monday.The value of orders going to Latin America is not as high as that going to the Europe, the Myanmar Times quoted a local businessman as saying.Garment exports from Myanmar dropped by 60 percent from 327 million US dollars in the fiscal year 2003-04 to 216 million US dollars i
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The textile industry of Bangladesh, at present in dilemma due to a significant gap takes place in demand and supply for yarn and fabric. The problem is likely to grow bigger, if the appropriate actions to stop this widening gap are not taken soon. The demand is increased dramatically, as the population and the standard of living is increasing in the country. Thus, it shows an insistent need to raise the production capacities of spinning, weaving, knitting, and dyeing, printing, and finishing sub
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The confederation of Malaysian Textile, General Goods and Garment Merchants Association urged the government to remove import duties on textile and apparel to enhance the industry's production capacity to organize for the global competition.Deputy Information Minister Datuk Donald Lim Siang Chai informed that the petition was submitted previous month to the Economic Planning Unit of the Prime Minister's Department.He stated that the association was directed to submit the petition again to the Fi
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Commerce Ministry of China informed that it would implement a temporary textile licensing system to restrain export growth.As per a statement of the Ministry, Chinese textile producers have to apply for a license that will show their exports limits based on their exports for the last year. The new regulation will be effective from July 20, 2005. The EU and The US has imposed quotas on the textile import from China, as they had claimed that the cheap textile products of China has surge their dome
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Following Europe and the US's imposition of quotas on the Mainland's textile exports in May, the quantity of illegal textile transshipments to Hong Kong is expected to rise and Customs will closely monitor the situation, Commissioner of Customs & Excise Timothy Tong says.Mr Tong said in the first five months of this year, local garment exports have dropped about one third over the same period last year, reflecting the effect of abolition of the quota system.But he forecast the trend will rev
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Memorial Day weekend marked the unofficial launch of all things summer, from lounging at the pool to picnicking in the park.
And while there's a lot to like about these activities, there's a lot to be loathed, too, like the hot summer sun that inevitably turns cotton shirts into sponges and seemingly airy shorts into steam-generators.Thankfully, time and fabrics are changing. Now, you can pick up engineered tops and bottoms with built-in technology that makes spending a day
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The release of the news China and EU reached an agreement on textile trade received warm response in the textile section. For days, people of China Chamber of Commerce of Import and Export of Textiles, China National Textile Industry Council and China Association of Enterprises with Foreign Investment express their welcome and support for the active and constructive negotiation result. The Commerce of Import and Export of Textiles said that the agreement embodied that Chinese Government's determ
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The world's footwear retailer Payless ShoeSource Inc introduces summer collection with latest & hot fashion trend.Ultra embellished sandals with lots of ornamentation perk up common styles; toe loops, thongs and wedge heels are also key.This summer the big fashion trend in footwear is details - the embellishments on sandals including jewels,stones, sequins, beads, studs, buckles, three-dimensional flowers appliques, knots, bows, and stitching are the important details bringing excitement to
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Brazilian policymakers announced that they are serious about to remove restrictions on the intellectual property rights of US companies if US administration fails to modify the existing cotton subsidy mechanism.The deadline, July 1, 2005 was set by the World Trade Organization (WTO) in Geneva that found that US support to cotton farmers, which resulted disruption in world prices by encouraging overproduction.If US administration fails to resolve the issue before deadline, it would affect a range
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Likewise European retailers, the Asian retailers are also enthusiastically waiting to enter Vietnam? potential market, which is now permitting foreign investors to enter into its domestic market. Leading Malaysian retail group, Parkson will open its first store in the Vietnamese market this month by leasing Saigon tourist Trading Center in downtown HCMC, the retailer also plans to open additional nine stores in its first five years of operation in Vietnam.Tham Tuck Choy, CEO of Parkson - Vietnam