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Myanmar begins exporting clothing to US
Myanmar’s garment factories are preparing to export their products to the United States for the first time starting next month, the Myanmar Garment Entrepreneurs Association (MGEA) said. Khine Khine Nwe, …
Turkmenistan intensifies textile manufacturing
In the first four months of 2013, according to statistics from the Ministry of Textile Industry, the production growth rate of the textile industry reached 105.4%, the Turkmenistan government said. The report s…
Indonesian textile exports will reach US$100 million today
In 2013, Indonesia’s textile exports are estimated to be better than in 2012. Sutra Chat, president of the Indonesian Textile Association (API), said the textile industry will be prosperous this year. Sutrachat…
Textile industry hints at Egypt’s decline
When former President Mubarak was in power, Egypt’s textile factories had begun to decline. Hundreds of factories closed later. At present, this situation is getting worse, and the number of closed factor…
The RMB exchange rate has increased by .% so far, “bucket the trend” and reached a new high
On May 27, the central parity rate of the US dollar against the RMB was reported at 6.1811. The central parity rate of the RMB exchange rate rose for the second consecutive day. At this point, the central parit…
Large Thai apparel companies expand abroad
According to news from Thailand’s “Sing Siam Daily” on May 28, Wang Luo, vice chairman of the Federation of Thai Industries, revealed that 10 large clothing companies in Thailand have spread t…
Cambodia’s garment industry investment environment faces challenges
In the past two years, Cambodia has attracted the attention of more and more foreign businessmen due to its labor costs and preferential export treatment. However, the lack of regulatory mechanisms in the garme…
Korean textile companies invest in setting up cotton yarn mills in Vietnam
Korean textile company KyungBang recently invested US$40 million to establish a cotton yarn factory in northern Binh Duong Province, Vietnam. The cotton yarn mill is located in the Baubang Industrial Zone. The …
India asked to scrap textile export subsidies
Recently, some members of the WTO have continued to intensify their accusations against India’s textile export subsidies. The European Union and Japan joined the United States and Turkey in jointly demanding th…
Guide to Overseas Investment and Cooperation (Ministry of Commerce Edition) – Brazil
Macroeconomics Since 2004, the Brazilian government has taken advantage of good external factors such as the overall growth of the world economy and rising international raw material prices, focused on inflatio…