Textile Briefs International


1.  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.

2.  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).

3.  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.

4.  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.

5.  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 in Africa.

6.  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.

7.  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”.

8.  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.

9.  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.

10.  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.

 

 
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