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Bangladesh overtakes China in Turkiye’s apparel market

Bangladesh overtook China to become Turkiye’s largest apparel supplier in 2024, with imports rising 50 per cent to $692.226 million and its share increasing to 18.05 per cent.
In contrast, imports from China rose 28.07 per cent to $666.904 million.
Turkiye’s total apparel imports surged to $3.7 billion in 2024, marking a 3.5-fold increase over four years, while exports reached $17.44 billion.Read More

27.04.2025Comments Off
China’s LEI continues to dip in March; CEI sees sharp rise: TCB

China’s LEI fell 0.3 per cent in March 2025, marking its second monthly drop and a 1.4 per cent decline over six months.
Key drags were weak consumer outlook, logistics, and exports.
In contrast, the CEI jumped 1.7 per cent, showing robust activity, with Q1 GDP up 5.4 per cent YoY.
The 2025 growth forecast remains at 4.5–5.0 per cent, aided by government support.Read More

27.04.2025Comments Off
ADB commits $24.3 bn for development in Asia-Pacific in 2024

ADB has committed $24.3 billion in 2024, alongside $14.9 billion in cofinancing, to address development challenges in Asia-Pacific.
This funding supports sustainable infrastructure, job creation, and public sector reforms.
ADB also saw a 28.5 per cent increase in private sector financing, reaching $4.8 billion.
With new capital reforms, it aims for a 50 per cent operational growth over next decade.Read More

27.04.2025Comments Off
Germany’s ifo Business Climate Index rises to 86.9 points in April

Germany’s ifo Business Climate Index inched up to 86.9 in April from 86.7 in March, indicating slightly improved sentiment.
While companies viewed their current situation more positively, expectations worsened, and uncertainty grew.
In manufacturing, optimism faded after a prior rise, with rising uncertainty and weaker expectations.
Trade sentiment also declined.Read More

27.04.2025Comments Off
Conscious consumerism accounts for 38% purchases in US, Canada: Report

A new report by Public Inc and Ipsos has revealed a major ‘say-do’ gap in sustainable shopping in US and Canada: 76 per cent of consumers identify as conscious shoppers, but only 38 per cent of purchases reflect those values.
Confusing sustainability claims deter nearly half of buyers.
The report urges brands to use clear, benefit-driven messaging to bridge this gap.Read More

27.04.2025Comments Off