Archive: 2013

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...

Read full post
556450484782284913330708011112n

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.

Read full post
Officiallogoofnatureworksllc

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...

Read full post
TN-115956Net-Works5WashingnetsSMALL

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...

Read full post
oceansky

Luen Thai to buy Ocean Sky apparel operations

Singapore-based apparel company Ocean Sky Global (OSG) is set to be acquired by Hong Kong-listed Luen Thai Holdings for US$55m.

Read full post
Uzbek-children

Forced labour ‘continuing’ in 2012 Uzbek cotton harvest

Governments should take action to help end forced and child labour in the Uzbek cotton fields, according to a new report by the Uzbek-German Forum...

Read full post
sportmasterfotomagazin

Russian sportswear producer to expand in China

Sportmaster, one of Russia’s largest producers of sportswear, is considering expanding in China through the opening of its stores and the launch of production under...

Read full post
20100528095727-laumafabricslogo

Latvian knitted fabric maker acquire Elastic Textile Europe

One of Eastern Europe’s largest manufacturers of knitted fabrics, lace and narrow fabrics is to acquire Germany’s Elastic Textile Europe.

Read full post
12122007

ITC defends its use of funds for Cambodian silk weavers

The International Trade Centre (ITC) has rejected criticisms over the misuse of expenses and funds for a sector-wide Cambodian silk project, saying its approach was...

Read full post
adidas-vietnam-tt-agc002-image-2

Adidas Vietnam in tax probe

Adidas Vietnam has pledged its full co-operation to authorities as officials in the country probe the sportswear giant’s accounts.

Read full post