Latest Emerging Markets News
Indonesian textile industry looks to state for boost
Increased government support and ongoing trade negotiations with the EU are expected to underpin growth in Indonesia’s textile industry.
Malaysian textile industry faces critical labour shortage
Malaysia’s textile industry is facing a critical labour shortage, which could affect investment flows into the industry if the issue is not addressed, says the...
American & Efird signs Philippines licensing deal
Industrial sewing and embroidery thread producer American & Efird (A&E) is expanding its business in South East Asia, having signed a licensing deal with a...
Thai clothing producer plans ASEAN expansion
Dapper General Apparel is looking to boost its DA+PP label as an ASEAN apparel brand over the next few years through local partnerships, reports the...
Former CEO of Vietnam's PVTex suspended
A former executive at a near-bankrupt fibre plant was suspended by Vietnam’s Ministry of Industry and Trade in mid-November after being absent from duties for...
Latvian print company opens new US facility
A Latvian company has opened a new location in Charlotte, North Carolina, USA, to accommodate the demand from its 10,000 worldwide customers.
Estonian mattress manufacturer opens plant extension
Mattress manufacturer Hilding Anders Baltic has opened a 7,000 m2 extension of its Estonian plant in the Rae rural municipality to the south of Tallinn...
Russian lingerie producer to invest US$20m to increase production
Russian lingerie manufacturer RozTeh has announced plans to invest up to US$20m to increase production by 150%.
Bulgarian textile producer to invest in Serbia
Bulgarian textile producer Kalinel is to invest €1. 9m (US$2. 0m) in expanding its production capacities and workforce with new facilities in southern Serbia.
Sale of Aha Mura Prvi Maj falls through
Miroljub Dimitrijevic, trustee in bankruptcy of Aha Mura Prvi Maj, said the attempt to sell the company will probably be unsuccessful, as Ferrari Investment East...