Year: 2018

Sri Lanka’s deficit in the trade account has been on a continuous expansion, but the pace at which it grew during the month of May decelerated after many months, as the country’s goods exports grew faster than its imports bill.

The GST Council in its 28th meeting held recently under the Chairmanship of PiyushGoyal, Union Minister for Railways, Coal, Finance & Corporate Affairs has approved the new return formats and associated changes in law. It may be recalled that in the 27th meeting held on 4thof May, 2018 the Council had approved the basic principles of GST return design and directed the law committee to finalise the return formats and changes in law.

Most textiles do not require high water and oil repellency, and use of per- and polyfluoroalkyl substances (PFAS) should be limited to applications for which technical performance is “unique and critical”, according to the European Commission. For other applications, safer alternatives should be used, said the Commission’s Valentina Bertato.

Archroma, a global leader in color and specialty chemicals towards sustainable solutions, has announced collaboration with Ternua, an outdoor brand with a strong connection to nature.

The Government of India’s decision to increase basic customs duty (import duty) to 20 per cent on 76 textile and apparel items at 6-digit level, is a significant move and will strengthen the domestic textile industry

The Government of India’s decision to increase basic customs duty (import duty) to 20 per cent on 76 textile and apparel items at 6-digit level, is a significant move and will strengthen the domestic textile industry, The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) has said. The duty has come into effect from July 16, 2018.

Based on the mechanism of the recently unveiled, patent-pending instant cooling hydro functional polymer, the Swiss textile innovator HeiQ has announced that a suite of new products will be added to the HeiQ Smart Temp product family for a full range of activated cooling technology, customizable for each fabric type and intended cooling performance.