MARKET & ECONOMY
The representative body of the European textile and clothing industry welcomed the revised strategy which focuses on 14 eco-systems and the proposal to develop privileged partnerships.
As per the speakers at the webinar held this Wednesday, Bangladesh should sanction ILO Convention 190 to eliminate workplace violence. Consent of employers, workers, and civil society can be taken for the endorsement.
The new line at Romatex Home Textiles, based in Cape Town, will exclusively produce Maliwatt products as a replacement for plastic in the retail sector.
The new guidelines of the Organic Cotton Accelerator (OCA) has been released for seed producers to prevent GMO contamination in organic cotton
The provisional data of the Cotton Textiles Export Promotion Council revealed that the exports of readymade garments and manmade textile declined by 20.78% and 21.20%, respectively. The final data is expected by May end.
The first four months of the current year have been profitable for Vietnam as there was an increase in the export of textile and garments. As per the Ministry of Industry and Trade, it has earned over $9.5 billion in Q1.
The RBI Governor has announced measures for cash-starved enterprises in the MSME and SMB sectors. Banks can now deduct credit disbursed for new MSME borrowers from their NDTL for calculation of CRR.
Thanks to its upgraded diversity and inclusion policies and equality and safety features for women working in the organization, Trident Limited has been recognized as one of the best workplaces for women in 2021.
In a letter written to the finance minister AHM Mustafa Kamal, Bangladesh apparel makers have requested an equal VAT rate for all types of yarns and duty-free import of all kinds of raw materials needed by the industry.