Latest Emerging Markets News
British investment fund to recapitalise Varteks
Croatian fashion company Varteks has accepted a proposal for recapitalisation lodged by UK-based private investment company Valtegra, which is expected to invest HRK37.
Turkish investor buys property of Perkon in Serbia
Following decades of attempts to sell the Velika Plana-based clothing manufacturer Perkon, bankruptcy proceedings have ended with an auction of the remaining property, reports Planamedia.
Kyrgyzstan to launch new textile ‘technopolises’
Several new “technopolises” (technological centres) that specialise in the manufacture of textile products will soon be established in Kyrgyzstan.
Retailers urged to compensate Cambodian workers after factory closure
The Clean Clothes Campaign is calling on UK apparel retailers M&S and Bonmarché as well as Canadian brand Nygård to compensate Cambodian workers after a...
Cambodian clothing sector reports lacklustre results
Cambodia’s clothing exports grew slower than expected by about 4% in the first half of 2017 compared with 9% in the same period last year,...
Challenges for Indonesia's textile and clothing industry
Indonesia is ranked among the world’s top 10 textile producing countries.
Smart Myanmar launches smartphone app
With support from the EU and GIZ, Smart Myanmar has developed an educational smartphone app for industrial workers in Myanmar called Shwe Job.
Vizcaya women revive art of loom weaving
The traditional art of loom weaving in the Nueva Vizcaya province of the Philippines is being revived with the help of local as well as...
Vietnamese students grow mushrooms on cotton waste
Students from the environment faculty of Da Nang University of Science & Technology, Vietnam, have successfully used cotton waste to grow mushrooms.
Georgian clothing factory refurbishment supported by EBRD and EU funds
The fashion industry is gradually becoming trendy in Georgia and attracting international attention, according to Lado Giorgadze, chief executive officer of Fashion House Materia.