Latest Emerging Markets News

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Myanmar clothing makers reject minimum wage proposal

Clothing manufacturers in Myanmar have indicated they will reject a minimum wage proposed by the Burmese government, claiming they cannot afford to pay workers the...

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Unitika aims to increase stake in Indonesian fabric producer

Press reports in Indonesia suggest Japanese textile manufacturer Unitika is looking to increase its stake in local fabric maker Unitex.

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Heng Huat invests in fibre manufacturing facility in Malaysia

Heng Huat Resources Group, an integrated manufacturer of oil palm and coconut biomass products, will invest MYR35m (US$9.

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US billionaire to invest in the Vietnamese clothing industry

American investor Wilbur Ross (pictured) has signed a co-operation agreement in various fields with the Vietnam National Textile and Garment Group (Vinatex).

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Turkey’s textile hub hopes to recoup losses from Russian crisis

Despite a significant decline in Russian business that is integral to Turkey’s textile industry, the sector is hopeful it will make up for its losses...

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Belarusian linen mill may open clothing joint venture in Slovakia

Orsha Linen Mill of Belarus is looking to open apparel factories in the EU, particularly, in Slovakia, according to director general Vladimir Nesterenko.

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Greek companies to open branches in Bulgaria

With the difficult financial situation in Greece, many Greek businesses are looking for a way to circumvent banking restrictions and rising taxes.

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Bosnian fashion brand starts expansion to the Swedish market

Bosnian men’s fashion brand Granoff has started expanding to foreign markets, mainly in Western Europe, particularly the Swedish market, according to company founder and owner...

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D&Y Group to invest US$100m for factory expansion in Malaysia

China-based textile manufacturer Shandong Daiyin Textile & Garment Group (D&Y Group) will invest about US$100m to expand its spinning facility in Sedenak, Johor, by the...

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Gap and H&M support labour law reform in Myanmar

Retail fashion giants Gap and H&M have come out in support of proposals to reform the labour law in Myanmar.

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