Category: Emerging Markets
Russian government to stimulate linen, cotton and wool production
Russian President Vladimir Putin has ordered the government to design and implement a set of measures aimed at stimulating domestic production of linen, cotton, wool...
Turkish investor acquires wool factory in Bulgaria
Turkish company Altinmarka is the new owner of the wool processing factory in Parvomay, which was acquired for BGN9. 3m (US$6. 1m).
Lithuanian home textile producer invests in new equipment
Linen home textile company A Grupe has installed new weaving machinery to boost current production capacity and is aiming to increase turnover to the level...
Unicharm to acquire hygiene products maker in Myanmar
Unicharm plans to buy a Myanmar manufacturer of disposable diapers and feminine hygiene products for an estimated several billion yen.
Indonesian retailer to expand foreign brand outlets
Indonesian publicly listed fashion retailer Trisula International plans to further increase the number of retail outlets for its international fashion brands.
Minimum wage to rise for Cambodian clothing factory workers
The minimum wage for factory workers in Cambodia’s clothing and footwear sector is to rise from US$61 to US$75 a month from 1 May.
Kyrgyz clothing sector employs around 300,000 women
According to parliamentary deputy Roza Aknazarova, Kyrgyzstan’s clothing sector employs up to 300,000 women and has an annual turnover amounting to several billion soms.
Golden Lady to open new production facility in Loznica
Hosiery producer Golden Lady is reported to be planning to build a new 6,000 m2 production facility in Loznica, Serbia, and hire another 200 workers.
Clothing makers in southwest Bulgaria look for seamstresses
Clothing producers in southwest Bulgaria have now for received for the next few months, rather than for the whole year as it was before the...
Krupanj municipality buys bankrupt Krupanjka
All equipment of the bankrupt Serbian textile and ready-made clothing producer Krupanjka, which is a part of the Loznica Viskoza holding, has been purchased by...
Ukraine's Prime Minister challenges poor-quality clothing imports
Ukrainian Prime Minister Mykola Azarov (right) has called for the creation of barriers against the imports of poor-quality goods, particularly clothing.
Vietnamese clothing industry sets high export targets for 2013
Vietnam’s textile and clothing sector has set an export target of US$18.
New FDI laws allow 100% foreign investment in Myanmar's clothing sector
According to Myanmar’s new foreign direct investment (FDI) laws, the government will now allow 100% investments in the clothing sector; it previously only allowed joint...
Wool scouring and topmaking plant to open in Malaysia
A new wool processing plant – Compass Wool Processors (CWP) – is poised to become a central processing hub for the global wool industry.
NatureWorks selects Bangkok for the site of Asia Pacific headquarters
NatureWorks, a supplier of biopolymers such as Ingeo fibres and plastics made from plants, has announced that the company has located its first Asia Pacific...
Net success for carpet tile producer
A sustainable textile pilot project in the Philippines, which involves collecting discarded fishing nets to make nylon carpet yarn is now set to be developed...