Browsing: Malaysia

Malaysia’s textile and apparel exports rose 10 per cent to RM 6.99 billion in the first half of this year compared to RM 6.33 billion recorded a year ago.

While Malaysia´s textile and apparel industry may be facing fierce competition from low-cost suppliers in Asia and elsewhere, the country´s technical textile industry shows inclination towards tapping the export opportunities inherent in developed countries.

The latest ´Textile Pipeline´ from PCI Fibres offers in 11 pages a highly focused review in the form of text, charts and tables of the Indian textiles economy; an economy which has been experiencing relatively disappointing growth among its local consumers; that is, until 2014. Following a bounce-back in per capita fibre demand of nearly 10 per cent in 2009, growth then slowed year by year down to just 2 per cent in 2013, coming back strongly in 2014 by nearly 8 per cent.

Dumping is a two-way traffic. ´Dumpers´ are victims themselves at times. For the global textile industry, which has come a long way since dismantling of quotas in 2005, this is a disputable irritant that rears its ugly head now & then.