Latest Emerging Markets News
Berdchanka may declare bankruptcy
Berdchanka, one of Russia’s largest and oldest textile factories, may declare bankruptcy soon owing to a lack of funds.
Three textile factories under construction in West Georgia
Three textile factories will be constructed in Kutaisi and Poti, West Georgia, by the end of the year.
Lao clothing sector shrinks amid labour shortage
The clothing industry in Laos has contracted in the wake of labour shortages, reports the Association of the Lao Garment Industry.
Violence after Cambodian government passes controversial law on trade unions
The International Labour Organization (ILO) and Industriall Global Union have expressed concern after the Cambodian government passed a controversial new bill that could restrict trade...
SGS opens textile testing laboratory in Semarang, Indonesia
SGS has opened a new textile testing laboratory in Semarang, Indonesia, one of the most important textile and clothing manufacturing sites in the South East...
Sustainable fabrics made from recycled plastic bottles in Malaysia
A Malaysian company hopes to promote and market sustainable fabrics made from recycled plastic bottles and is targeting revenues of MYR2m (US$515,000) by 2017, reports...
Workers ‘under pressure’ in Korean-owned clothing factories in Myanmar
Excessive working hours and overtime, incorrect pay, discrimination and unsafe working conditions were just some of the issues uncovered in several South Korean-owned clothing factories...
Chinese bank signs US$103m loan deal with Texhong Textile Group
The Bank of China has signed a US$103m syndicated loan for a Vietnam-based subsidiary of Chinese yarn manufacturer Texhong Textile Group.
Russian government to increase textile production in Crimea
The Russian government plans to increase the volume of production of textile and light industry products in Crimea by 4-5 times by 2020, according to...
Iran supplies silkworm cocoons to Azerbaijan
Iran has supplied Azerbaijan with high-quality silkworm cocoons, which had been placed in an incubator at the Gakh sericulture breeding station, according to Azerbaijan’s Ministry...