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Indonesia : Govt plans to offer tax incentives

With the intention of encouraging companies to boost their investments, and to relocate or establish plants, the Government plans to provide tax incentives to 15 industries. The sectors that will receive the incentives are textile, pulp, chemical, machinery along with other ...

France encourages garment export to Russia

According to France "TEXTILE", France is actively encouraging garment exports to Russia, because Russia has become a real fashion market. Source says that Russian middle class has a rapid growth in these years. For example, the average income for Muscovite is 650-1000 euros, and ...

India : Anti-dumping duty may affect market economy status of China

The Commerce Department has recommended to levy anti-dumping duty on Chinese silk fabrics. If this recommendation is taken into consideration it is bound to affect half-a-dozen Chinese exporters and their associates. Investigation on anti-dumping was based on numerous complaints ...

Thailand's footwear exports soar 1.84%

During first nine months of 2006, footwear exports turnover of Thailand reached Baht 27.249 billion ($726 million) with slight increase of 1.84 percent than that of same period in 2005. Among markets, exports to EU slightly improved, but suffered a year on year decline of 9.31 ...

UK : Cosmetics & clothes to be among top five Christmas gifts this year

Christmas is the most significant event in the UK's retail calendar with many outlets making up to 60 percent of their annual turnover between November and January. This Christmas is no different and is shaping up as a vital time for the retail sector. Here's why: It is estimated ...

US reduced clothing import from China by 14.6%

In the first half of 2006, US s import of clothing from China decreased by 14.6% in volume. The main reason is that the United States implemented special protective quota. Since November 2005, the United States began restrictive measures on 22 categories of Chinese textile and ...

India spends 32 billion to improve textile industry

Recently, India government releases a survey report, saying India plans to invest 140 billion rupee (about 31.8 billion U.S. dollars) to improve the existing textile factories, equipment and technology, to upgrade the product competitiveness. This investigation report covers the ...

Burundi reopened the cotton cloth market

Recently, Burundi government canceled an act which was enacted three years ago to protect domestic cotton cloth, and reopened the cotton cloth market again. It was reported that the original purpose of this act was to protect Bujumbura s textile mill from going bankrupt. But ...

Vietnam : Textile industry opposes hike in tax on PET & fiber

Increase in tax rates of PET and other kind of fibers to five percent from zero to one percent led to strong resistance from different enterprises. Import tariff on 100 items were low and 16 items like PET and polyester fibers were included under slab of higher tax rate. This ...

Turkey : Fashion & fabric expo for global importers

Turkey Fashion and Fabric Exhibition is conducted annually and participated by over seventy Turkish textile companies to show off their wares. Specialist silk manufacturer Ipekler and Karma & Kokteyl were among the companies which participated in show and presented their autumn ...

USA : for sports enthusiast

Samantha Voigt and her classmates Victor Harrington and Kylee Benson, the Finlandia University graphic design students have designed urban wear clothing line named Goofy Foot. The Goofy Foot line consists of loose-fitting t-shirts and sweatshirts in a range of fabrics, colors and ...

India and Peru may sign textile commercial agreement

In order to promote textile trade between the two countries, Peru and India may sign a commercial agreement in the near future, industry sources said on November 21. Since bilateral trade between India and Peru took a great leap, the trade amount grew from 82 million U.S. dollars ...

Kazakhstan Fashion Week in Almaty

Model presents outfits by Kazakhstan's ProMODE creative agency during the last day of Kazakhstan Fashion Week in Almaty November 25, 2006.

Garment owners cutting salary, allege workers

Leaders of Garment Workers Unity Forum yesterday said garment owners have started cutting salary of workers taking advantage of the blockade programmes called by an alliance of political parties over certain demands. They said this while addressing a rally held at Gulistan ...

Thailand and Peru signed FTA agreement

As Thailand "World News" reported, Thai Commerce Minister and Peruvian Foreign Trade & Tourism Minister signed a "free trade zone agreement" in Asia-Pacific Economic Cooperation Meeting in Hanoi, making clear rules and regulations about reducing tariffs on exports. 50% products ...

Brazil to become the world's fourth largest producer of silk

Although Brazil s sericulture has a late start, good quality silk gains increasing high reputation in the international market. Now it has become the world's fourth largest silk-producing country after China, India and Vietnam. It is known that Brazil silk s levels reach 4A-6A, ...

Garment exporters seek safety nets in China FTA

Exporters from the garments and knitwear sector have approached the government to ensure safety nets while dealing with China on the proposed Free Trade Agreement. The sources in the industry informed that leading associations of the sectors have approached the textile ministry ...

Vietnam : Exports of Ho Chi Minh City rise 15.4% from last year

Net exports of Ho Chi Minh City in first eleven months of 2006 were US $12,830 million, which have increased by 15.4 percent from last year. Crude oil exports for the year cover $7,855 million of above figure. Municipal Statistics Department informed that exports of apparel and ...

The subsidy for home textile export in Pakistan

The bulletin issued by Pakistan Textile Industry Department on Nov.11, 2006 showed that to assist home textile manufacturer and exporter, the principle for support research project with appropriate founds. Due to Pakistan government's removing of restricting sudsidy qualification ...

Viet Nam to join WTO on Jan 11

Viet Nam informed the WTO on 12 December 2006 that it has ratified its membership agreement. It will now become the WTO s 150th member on 11 January 2007. More information on Viet Nam s membership negotiations and the final deal in ascending order: Viet Nam is set to become the ...
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china

Xi Jinping to lead national security commission
Xi Jinping to lead national security commission
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world

market

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finance

company

Shell companies struggle to stay listed
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HK Disneyland Gets Toy Story Land
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industry

sports

Ghana qualifies for FIFA U-20 women's World Cup
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Stars 'Big Three' fall short of title in 1st year
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Chinese NBA player Yao Ming teaches a boy with special needs how to ...
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