A local human rights group with strong international ties called Friday on Adidas, Nike and Puma to take accountability for recent mass faintings in Phnom Penh factories that produce their sportswear. “We call on international brands such as Adidas, Puma and Nike to take concrete measures to address wages that currently do not satisfy basic needs nor provide for a life with human dignity,” the Cambodian Legal Education Center (CLEC) said in a statement. On Friday, 128 garment workers repo

The production of cotton in China is likely to drop by about 10 percent this year, mainly due to the Government’s decision to end the cotton buying and storage policy, the latest official statistics show, reports cctv.com For the last three years, the Government of China’s cotton purchase and storage policy assured that the benefits of cotton growers were protected, but from now on the returns that farmers would get on their produce would depend on market forces. Government officials who s

US licensor Walt Disney has dropped Pakistan from its list of ‘Permitted Sourcing Countries’ from April 1, sources in the textile industry confirmed on Wednesday. The US entertainment giant banned any import from Pakistan as the country failed to satisfy the trading partner company of its intentions to improve what it considered “poor governance standards”. “There is no ambiguity in the position taken by Disney. No shipment is permissible to any certified agent or vendor dealing in the bra

In the aftermath of latest record apparel earnings, Sri Lanka is now entertaining bigger apparel dreams. “Our internationally recognised apparel sector has shown strong performance, and has earned revenues of $ 4.3 billion in 2013. President Mahinda Rajapaksa now wants us to be among the world’s top 10 apparel export countries by 2020,” said Minister of Industry and Commerce Rishad Bathiudeen on 21 March. Minister Bathiudeen was addressing the inauguration event of the newly established Leath

To boost domestic silk production, Assocham has urged the government to extend anti-dumping duty on raw silk imports from China, which have grown by 7 per cent during the last 12 years, till December 2015. The Government had imposed antidumping duty on imports of Mulberry Raw Silk of 2A grade and below from China in January 2003, which remained in force until January 2008 and was subsequently extended till January 2014 after a sunset review. "Silk import restrictions have two facets; one i

The industry's export revenue in Q1 also surged 21.9 per cent to US$4.5 billion.— Photo vov The garment and textile industry has achieved significant success in the first quarter and its outlook for the whole year is optimistic, the Ministry of Industry and Trade reports. The ministry said that the garment and textile industry achieved the highest growth rate at 20.2 per cent in the first three months. The average increase in the rate of the country's industrial production in the same peri

The uncertainty on how China will handle its large reserves next season and the significant gap between polyester and cotton prices does not bode well for cotton consumption in China and, by extension, countries that have heavily exported cotton to China in recent seasons. In 2013/14, the Cotlook A Index has averaged 90 cents per pound while polyester in China averaged 73. However, in March 2014, the price of polyester in China dropped below 70 cents per pound, to about 66 cents, while the Co

Turkey’s textile and raw materials exports, excluding apparel, during the month of March 2014, touched US$ 771.7 million, registering a rise of 5.2 percent, compared to the same month last year, as per the data released by the Turkish Exporters Assembly (TIM). According to the March 2014 Export Data of TIM, the country exported textiles and raw materials worth $771.7 million during the month of March this year, compared to the $733.9 million exports of textile and raw materials made during t

Chairman APTMA Punjab S M Tanveer has said that the Punjab-based textile industry on independent feeders is facing six to eight hours of electricity loadshedding, resulting into one-shift closure. He apprehended that if industry is not provided with uninterrupted electricity supply, mills would be constraint to opt complete closure of their operations. According to him, the Punjab based industry is responsible for more than 86 percent of PEPCO's total industrial sector revenue being penalise

Growth in Cambodia is set to ease moderately in 2014 before picking up in 2015 on the back of buoyant exports and robust agriculture and service sectors, a new Asian Development Bank (ADB) report said Tuesday. The ADB Outlook 2014 said Cambodia's economic growth will moderate to 7 percent this year from 7.2 percent last year, with a subsequent edging up to 7.3 percent next year. "Despite political uncertainty and the risk of further labor market tension, Cambodia is expected to exhibit hea