Posts for 'Textile' Category

The value-added output of China's textile industry increased 11.5% year on year in November, a rise 0.3 percentage points lower than that of October, according to statistics released by Ministry of Industry and Information Technology yesterday.

The country's export delivery value of textile products rose 7.8% from a year earlier, a growth 7.7 percentage points higher than that of October, said the ministry. In the first 11 months of this year, the textile sector saw its value-added output climb 9.1% from the same period of last year. The growth was 0.7 percentage point more than in the first three quarters of this year.

The country's garment production recorded a 10.9% year-on-year increase in November, compared with a 17.9% decline in October. The value-added industrial output of enterprises above the designated size in China increased 19.2% year on year in November, according to statistics released by the National Bureau of Statistics earlier.

Contrary to the widespread perception in Malaysia's business circles, the country's textile sector, which is a shadow of its past glory because of rising costs and in competitiveness, is not a "sunset industry".Indeed, the textile industry should be promoted and encouraged to flourish, experts say.

This is the verdict of a number of experts at the ongoing Heimtextil trade fair of Frankfurt, the world's biggest event for the home-textile industry.A single Malaysian company called Recron (Malaysia) Sdn Bhd of Kuala Lumpur, is displaying its textile and textile-based products, even though there are huge contingents of exhibitors from other -- even more expensive -- Asian supplying countries such as Singapore, Taiwan, Hong Kong and South Korea.

"I don't think it is a sunset industry," Raja Badrulnizam Raja Kamalyam, Malaysia's trade commissioner told Bernama when asked whether Malaysia's textile industry was a "sunset industry"."The problem, in my personal view, is that many Malaysian textile companies are probably not aware of this fair or they are deterred by the high costs of participation.

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The government is targeting 16-18 percent annual growth in textile and garment production and 20 percent growth in exports over the next two years under a development blueprint for the industry, it announced Friday.

The industry is expected to achieve revenues of US$14.8 billion in 2010, rising to $31 billion in 2020.It was $7.8 billion two years ago.

It also targets exports of $12 billion in 2010, and $25 billion in 2020, against $5.83 billion in 2006.To achieve all this, the government is focused on more local raw materials, seeking more investment, improving quality, expanding markets, and intensifying human resource development.It is encouraging cotton production to meet the domestic demand.

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Fresh rains and heaving floods rooted injury to a range of standing crops including rice crops. Talking to geo News, Director Agriculture Sindh Mohammed Murad Dharejo said the rice crops in Larkana, Shahdad Kot, Qambar and Dadu are the worst hit by the ongoing rainfalls, if the rain spell continues, the crops in Sindh are likely to receive more loss.
Responding to a query, Murad said the crops of tomato, onion, chili, Aubergine, Ridge Gourd and Okra received ten per cent damage in Hyderabad, Badin, Mirpur Khas, Matiari, Tando Alahyar, Matli and Golarchi, adding that survey regarding the damage to these crops has been started. 

Are you interested in staying at home and starting a business working out of your garage or basement, doing something that you love and enjoy? Do you want to set your own schedule and manage your life out of your home? If you answered yes to these questions, then you most probably have investigated or thought of starting a business out of your home.

Let us take the example of starting a silkscreen business. Why would I consider a silkscreen business a possibility as a work at home possibility? For starters, your customers will be varied which gives you the opportunity to choose who you want to work with. Before we look at examples of who your potential customers may be let us ask ourselves what is a silk screening business.

Silk screening simply put is the method of transferring a substance, usually paint or a gel onto a material usually t-shirts that bonds so well to the material that it practically becomes permanent. You probably have purchased or were given a product that went through this process.

ISLAMABAD: The Ministry of Finance believes that textile tycoons are unnecessarily pressurizing the government for another hefty subsidy package worth billions, pretending that the ruling elite cannot afford declining export trends in an election year.

“It is our conclusion that the textile tycoons are striving hard to exploit the situation and there is no justification for giving them another subsidy package amounting to Rs25 to Rs30 billion as prepared by the Motiwala committee,” a high-level official in the ministry said in a background interview here on Monday.

The official said a textile industry’s committee had prepared a financial package of Rs51 billion at the start of the current fiscal year. The government had announced a clutch of measures for providing Rs18 to Rs25 billion package after this year’s budget but textile tycoons were not satisfied and have been continuously endeavouring to obtain more.

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