S&P Global Ratings has again lowered its gross domestic product (GDP) growth forecasts for most countries and raised its inflation forecast for the United States. It sees a material slowdown in growth, but does not foresee a US recession at this …Read More
Fitch Ratings recently affirmed the Philippines’ long-term foreign-currency issuer default rating (IDR) at ‘BBB’ with a stable outlook, expecting the economy to expand by 5.6 per cent this year, broadly in line with 2023 and 2024.The expansion …Read More
Fitch Ratings has affirmed the Philippines’ long-term foreign-currency issuer default rating at ‘BBB’ with a stable outlook, expecting the economy to expand by 5.6 per cent this year.
The expansion will be fuelled by traditional growth drivers like large public investment in infrastructure, services exports and remittance-funded private consumption.
Political uncertainty could affect investment.Read More
S&P Global Ratings has again lowered its GDP growth forecasts for most countries and raised its inflation forecast for the US.
It sees a material slowdown in growth, but does not foresee a US recession at this juncture.
The US economy is expected to grow by 1.5 per cent this year and by 1.7 per cent in the next.
Eurozone growth is projected to be above potential in 2027 and 2028.Read More
US consumers plan to cut footwear spending for the first time in four years, with work and dress shoes hit hardest.
Inflation, falling savings, debt, and looming tariffs are squeezing budgets.
Even athletic footwear sees a dip.
Price sensitivity is rising, loyalty lags, and demand for rentals and second-hand shoes is down, signalling a tough season ahead.Read More
Australia’s apparel and clothing accessory imports rose by 6.46 per cent to Au$10.116 billion (~$6.530 billion) during July 2024–March 2025, while textile yarn and fabric imports increased by 5.22 per cent.
Fibre imports, however, fell. Exports of textile fibres declined by 13.37 per cent to Au$4.851 billion.
March 2025 saw month-on-month declines across all categories.Read More
… ‘s flagship textiles and readymade garments (RMG … according to manufacturers.
For textile units, consistent gas supply … mmcfd.
Currently, the primary textile sector, which covers spinning … president of the Bangladesh Textile Mills Association (BTMA), …Read More
… production line dedicated to technical textiles. This strategic expansion aligns with …Read More
… Board of Directors of Vardhman Textiles Ltd has recommended a dividend …Read More
… Russel, president of the Bangladesh Textile Mills Association (BTMA), complained about …Read More