The leather and footwear industry in Vietnam is projected to earn $26-27 billion in export revenues this year, marking a $3-billion increase year on year (YoY), according to the Vietnam Leather, Footwear and Handbag Association (LEFASO).Vietnam is the …Read More
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… costs due to fluctuating subsidies.
Textile trade showed mixed results; imports … rose while textile machinery exports declined.
Innovations included … sewing and cutting machinery, latest textile products, technologies and services that …Read More
Since the India-Australia Economic Cooperation and Trade Agreement was signed two years ago, bilateral merchandise trade has more than doubled, surging from $12.2 billion in Indian FY21 to $26 billion in FY23.
Total trade moderated to $24 billion in FY24, with India’s exports to Australia growing by 14 per cent.
Bilateral merchandise trade from April to November this year reached $16.3 billion.Read More
From January 1, 2025, China will adjust import tariffs, applying provisional rates below most-favoured-nation levels to 935 commodities to boost high-quality imports.
Zero-tariff treatment will continue for 43 least-developed countries.
Under 24 trade agreements, tariffs will be reduced, including the China-Maldives deal, cutting nearly 96 per cent to zero.Read More
US inflation was at 2.7 per cent in November 2024, which was a slight rise from October.
Core inflation was steady at 3.3 per cent. The Fed cut rates by 50 bps in September, followed by 25 bps each in October, November, and December.
Clothing sales dipped but are expected to recover with holiday spending in December. Inflation trends indicate no immediate rate cut reversal.Read More
Golftini launches their 20th Anniversary Collection as a milestone celebration of two decades of redefining women’s golf apparel.
CHICAGO, IL, UNITED STATES, December 30, 2024 /EINPresswire.com/ — This lineup showcases the brand’s commitment to …Read More
After a moderation in the second quarter (Q2) of fiscal 2024-25 (FY25), the outlook for Q3 appears bright, as reflected in the performance of high frequency indicators for October and November this year, according to the government.Real gross domestic …Read More
… manufacturing in India and raw textiles to be sewn into garments …Read More