Latest Emerging Markets News
Minimum wage for all Cambodian workers
A new law providing a national minimum wage for all workers will come into force by the end of the year, Cambodian Labor Minister Ith...
Indonesian textile sales predicted to grow 10% this year
Indonesia’s textile sales are predicted to rise 10% year-on-year in 2017, boosted by the growing number of producers using online sales.
Malaysian textile and clothing industry expects strong growth
The textile and clothing industry in Malaysia has been growing at a fast pace after the country started an export-oriented industrial transformation in the early...
Thailand's cotton imports forecast to increase
According to the US Department of Agriculture, Thailand’s cotton imports in marketing year (MY) 2017/18 (commencing 1 August) are forecast to increase 3-4% from 2016/17...
Work begins on Rang Dong industrial zone in Vietnam
Construction of the Rang Dong Industrial Zone (IZ), a large-scale area dedicated to the textile and clothing industry, has started in the northern Vietnamese province...
Russian wool production to increase
Russia plans to significantly increase wool production this year, with the aim to fully meet domestic needs, according to the Ministry of Agriculture.
Belarus plans to reduce textile imports
Belarus plans to significantly reduce the volume of textile imports by 2020, according to President Alexander Lukashenko.
Kutaisi to become centre of textile industry in Georgia
The Georgian government plans to make Kutaisi, the legislative capital and third largest city, a centre of the textile industry.
Armenia plans to increase textile and cotton production
The government of Armenia has announced plans to create favourable conditions for the development of the domestic textile industry.
Bulgarian companies begin production of ‘smart’ clothing
Three Bulgarian companies have begun production of “smart” clothing aimed at the outdoor market.