Category: Emerging Markets

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...

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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.

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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...

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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...

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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.

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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...

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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...

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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.

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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...

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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.

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Speciality Lycra production line to start up in Singapore

Invista, an integrated producer of polymers and fibres, has announced the start-up of a new production line in Singapore designed specifically to produce a series...

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H&M urged to stop buying Uzbek cotton

Fashion retailer H&M has come under increasing pressure to break ties with clothing suppliers that buy cotton from Uzbekistan, where large quantities of the fibre...

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Lithuanian knitwear producers highlight lack of innovative capacity

Lithuanian apparel and underwear manufacturer Utenos Trikotazas (UT) introduced the new About underwear brand at the end of 2012.

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Russian government to increase support for textile and light industry

The Russian government is to increase support for the domestic textile and light industry this year, according to Minister of Industry and Trade Denis Manturov.

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Kyrgyz government to attract textile industry investment

The government of Kyrgyzstan is considering active development of the country's textile industry over the next few years with the aim of creating conditions for...

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Russian government to boost cotton production

The Russian government is considering creating conditions for the recovery of cotton production to reduce the country’s dependence on imports.

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