… also seen significant progress. Smart textiles, wearable technology, and digital production … now producing garments using Smart Textile and Wearable technologies, marking a … of Bangladesh’s textile industry.
Conclusion:
Bangladesh’s textile industry has today …Read More
Fitch Ratings expects China’s shift to a moderately loose policy stance in 2025 to increase fiscal and monetary support, with the deficit likely exceeding 7.1 per cent of GDP in 2024.
Key measures include interest rate cuts, reduced reserve ratios, and boosting consumption through expanded trade-in programmes and higher social payouts.
Rising debt remains a concern.Read More
The global acrylic polymer market is projected to reach $36.9 billion by 2032, growing at a CAGR of 6.4% from 2023 to 2032
WILMINGTON, DE, UNITED STATES, December 19, 2024 /EINPresswire.com/ — According to the report, the acrylic polymer market …Read More
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Ddrop in cotton arrivals thretens textile value chain
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Association (PCGA … concerns for the country’s textile value chain and leaving farmers … significant portion of Pakistan’s textile industry, faces serious risks.
Reduced …Read More
… efforts dedicated to safeguarding Li textile techniques, Tan attributed the success … introduced practical courses on Li textile techniques.
Meanwhile, Hainan province is … and development of traditional Li textile techniques of spinning, dyeing, weaving …Read More
… offering from yarn manufacturer Sanathan Textiles received a modest response from … corporate purposes.
Sanathan Textiles is engaged in manufacturing textile yarn, which is … products; and yarn for technical textiles and industrial uses, finding application …Read More
Trade tensions and likely US tariff hikes may hit global trade, exacerbating the growth challenges faced by European and Middle East seaports, Fitch Ratings said.
A slow recovery in demand for consumer goods is likely to continue in Europe in 2025, supporting the seaport sector, it noted.
The Middle East and eastern Mediterranean face port overcapacity risks as construction outpaces demand growth.Read More
The GEP Global Supply Chain Volatility Index rose to -0.20 in November, the lowest spare capacity since June, driven by Asia’s rising procurement activity, particularly in China and India.
North America saw increased safety stockpiling ahead of potential tariffs, while Europe faced weakening demand amid a worsening industrial recession.
Manufacturers are planning to overcome trade challenges.Read More
India Ratings and Research expects the Indian economy to grow at 6.6 per cent YoY in FY26—20 bps higher than its revised forecast of 6.4 per cent for FY25—driven by investments.
It expects government final consumption expenditure growth to remain muted at 4.3 per cent and gross value added growth to be 6.6 per cent in FY26.
Retail inflation is expected to average around 4.4 per cent in the fiscal.Read More
Nordstrom Rack will open a 30,000-square-foot store in Nashua, New Hampshire, at Royal Ridge Center in spring 2025.
The off-price division of Nordstrom will offer up to 70 per cent off top brands, convenient services like online order pickup, and easy returns.
This marks a significant expansion in New England, enhancing the centre’s retail appeal and community impact.Read More