Bangladeshi apparel makers are pushing to change end consumer
mindset because a recent survey showed consumers are expecting
steep discounts. This trend among the consumers is deeply
worrying and increases the urgency to create sustainability
awareness among the consumers.
The Chinese Textile Association in Cambodia (Ctac) aims to
increase Chinese investments in the garment industry in the
country of Southeast Asia. So several Chinese textile companies
have created the Chinese Textile Association in Cambodia (Ctac).
India rejects the RCEP deal textile industry hails decision
Prime Minister Narendra Modi announced India’s decision not to
join the China-backed mega Regional Comprehensive Economic
Partnership (RCEP) deal.
The orders index for textile machinery compiled by ACIMIT, the
Association of Italian Textile Machinery Manufacturers, from
July to September 2019 was down by 10% compared to the same
period in 2018.
Kenya and Lesotho recently signed three agreements to boost
bilateral cooperation. Kenyan President Uhuru Kenyatta said his
country is keen to learn about developing the textile sector
from Lesotho, which has one of the most vibrant textile sectors
Myanmar is coming up as a major competitor of Bangladesh in the
global apparel markets. The country has really developed a lot
in a short span of time. The export volume till the end of
August in 11 months of FY 2018-19 was worth US$ 4.37 billion
compared to the US$ 3.2 billion figure in the same period a year
ago—an increase of US$ 1.17 billion, according to the Commerce
Ministry of Myanmar.
The Senate appealed to the Nigerian Federal Government to ban
importation of textiles for a period of five years to allow for
the production of local textiles. This followed the debate on a
motion sponsored by Senator Kabir Barkiya (APC-Katsina Central)
during plenary session on “Urgent need to revamp the nation’s
comatose textile industry”.
Singapore is by far the EU’s largest trading partner in the
Southeast Asian region, with a total bilateral trade in goods of
over €53 billion and another €51 billion of trade in services.
Over 10,000 EU companies are established in Singapore and use it
as a hub for the whole Pacific region.
Swedish pulp and paper giant Södra claims that it made a new
chemical ‘breakthrough’ that allows it to separate
polyester/cotton blended textiles and turn them into raw
materials for viscose and lyocell fiber production.
The Vietnam Textile and Apparel Association General Secretary
Truong Van Cam said the country has been affected indirectly by
the perpetual trade war. The yarn export to china has fallen
since the year begins. There are other key factors like the
shrinking of the global fashion industry also playing a critical
role in this.