Latest Emerging Markets News
L&T invests US$6.5m for expansion project in the Philippines
Apparel manufacturer L&T International, part of Hong Kong-based Luen Thai Holdings, is investing around US$6.
Cambodian clothing workers may get next wage rise in January
Clothing workers in Cambodia are likely to get their next wage rise on 1 January 2015, as the Labour Advisory Committee (LAC) has agreed to...
D&Y Group to invest US$200m in Malaysia
China-based Shandong Daiyin Textile & Garment Group (D&Y Group) plans to invest around MYR640m (US$199m) in Johor through its subsidiary D&Y Textile (Malaysia).
Vinatex extends deadline for IPO
The Vietnam National Textile and Garment Group (Vinatex) has extended the date for its initial public offering (IPO) by two months to give investors extra...
Weibo to begin work on textile project in Macedonia
China-based Weibo Group, which specialises in supply chain and production for leading global retailers and brands, is expected to start construction of its Macedonian textile...
Lauma Fabrics reports strong sales growth
Latvian supplier of intimate apparel fabrics Lauma Fabrics generated sales of €39. 9m (US$54.
Portuguese group to hire 1,200 for new automotive textile factory in Romania
Portuguese company Coindu, which produces automotive textiles, will start a hiring campaign for its new factory in Drobeta Turnu Severin, Romania, according to local authorities.
Daewoo International pledges extra investment in Uzbek textiles
South Korea’s Daewoo International is investing US$22m in the expansion of production at two textile factories in Uzbekistan.
Taiwanese textile project approved in Long An
Taiwan’s Yu Yuang Textile has received an investment certificate to develop a yarn and dyeing project worth US$58m at Phuc Long Industrial Park in Vietnam’s...
Court ruling frees Cambodia clothing workers and activists
On 30 May, a Cambodian court freed 23 clothing workers and labour activists arrested following demonstrations earlier this year.