Bangladesh’s economy is now under stress for the first time in the last 10 years, the Centre for Policy Dialogue (CPD) said today. The independent thinktank said, a rift in the macroeconomic stability surfaced in the last fiscal because of revenue shortfall, problems in the banking sector,...
Yarn Expo Autumn will be held during September 25–27 in Shanghai. The fair will be held concurrently with the 25th Autumn Edition of Intertextile Shanghai Apparel Fabrics, to maximise exposure in the textile supply chain. It will bring high-quality yarn and fibre suppliers from all over the...
In a nondescript building in a Beijing suburb, workers stitch tissue into replacement heart valves for humans. Orders are mounting, and founder Jin Lei is looking to the latest feature of Chinese President Xi Jinping’s financial reform to help him expand. For Jin’s company, Balance Medical Technology...
The industrial output of major textile companies in China increased by 4.1 per cent year-o-year in the first four months of 2019, according to the country’s National Development and Reform Commission (NDRC). Meanwhile, fixed-asset investment of major textile companies was up 0.8 per cent during the same...
Strong action to spur consumption, investments and net exports will take India’s gross domestic product (GDP) growth rates much higher, according to Vikram Kirloskar, president of Confederation of Indian Industry (CII). This is the right time for India to think big and envision a GDP growth rate...
Some 300 goods are likely to enjoy preferential tariffs in Vietnam under a pending decree detailing tariff cuts under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Its draft has been submitted by the finance ministry to the government for approval as firms await procedural changes...
The European Union (EU) is unlikely to fully withdraw Cambodia’s Everything-But-Arms (EBA) trade status, the Garment Manufacturers Association of Cambodia said after meeting visiting EU representatives recently. Labour trends are positive and speculations about EBA are alarmist and affect investor confidence, Kaing Monika, GMAC deputy secretary general...
Bangladesh raked in $3.81 billion in exports in May, the highest single month receipts in history, riding on the higher shipment of apparels, official data showed yesterday. The earnings clocked 14.78 percent year-on-year growth in May and also beat the monthly target by 9.23 percent. The previous...
India will try to independently cultivate export competitiveness without depending on the US generalised system of preferences (GSP) scheme, according to commerce and industry minister Piyush Goyal, who said India graciously accepts that development assistance offered by nations till now has ceased. He addressed media on June...