FW
The Pakistan Textile Exporters Association (PTEA) has stressed for the continuation of Duty Drawback of Taxes (DDT) incentive for further three years to boost the value-added textile exports and uplift the economy.
This will generate approximately 10 per cent annual growth in value-added textile exports and would add $1.5 billion each year to the economy.
As a result of growth-led initiatives of the government, country’s exports surged by 13.1 per cent to in July-March 2017-18 over the corresponding period of last year.
The main driver of this growth was the value-added textile sector as exports of ready-made garments went up 12.56 per cent during the period in value and 12.85 per cent in quantity while those of knitwear edged up 14.12 per cent in value and 3.52 per cent in quantity during these nine months.
European Digital Press Association (EDP) recently honored Mimaki with two best-in-class awards EDP awards for its UCJV300-160 roll-to-roll printer and 3DUJ-553 full-color 3D printer. EDP is an association of Europe’s 21 leading trade magazines with an editorial focus on digital print processes, who come together each year to honor the best technological developments among products and other developments announced or presented within the previous 12 months.
Danna Drion, Marketing Manager EMEA at Mimaki Europe. “We appreciate the time and effort the editors put in to reviewing more than 120 entries, and we are pleased to be included in the final award process with these two outstanding products.”
Max Fashion showcased its latest 2018 fashion collections for men, women, children and home at a fashion trunk show on May 13, 2018 at Cove Beach in Dubai.
The event featured a series of three different trunk shows under the themes of Rustic Charm. It introduced the Abaya Collection, which was launched recently exclusively online in the UAE.
The collection embraces traditional design and combines it with contemporary style through delicate embroidery, diverse, elegant cuts and stylish draping.
As part of the event the guests also enjoyed activities such as the Shop in Shop areas, where Max buying and design teams for each department showcased their key new collections and talked about the journey that brought them to life and the Glam corner with makeup, braids bar, fashion tips, customisation, and customised products that offered the guests a bit of pampering.
The 27th-annual Apparel Sourcing Show in Guatemala City showcased the latest in new technology and textiles. Held from May 15-17, 2018, the show brought together materials and machine suppliers eager to showcase colorful, quality textiles and new manufacturing tools that are more efficient through offering smarter programming.
The event was organised by Vestex, the Guatemalan association of textile manufacturers and apparel companies, and AGEXPORT, the export association of Guatemala. Guatemala's position as a reliable resource for apparel imports into the United States was an important topic during the show, as the country's factories continue to offer faster turnaround times than Asia and focus on producing high-quality goods.
The Vietnam Ministry of Industry and Trade hosted a Vietnam-US trade forum at New World Hotel in Ho Chi Minh City on May 18.
The main aim of the forum was to provide Vietnamese exporters with up-to-date information about policies, and analyses on assessment of challenges to seize new opportunities for exports.
The event attracted roughly 300 delegates, including enterprises, representatives from Vietnam's business associations and localities, importers, investors, distributors, experts, researchers, and US businesses operating in the Southeast Asian nation.
It provided a platform for entrepreneurs to outline their effective businesses orientations and seek partnership opportunities through introductions, promotions, and trade connectivity.
Cambodian exports to the United States witnessed a sharp increase during the first three months of the year after the US renewed its Generalised System of Preferences in March. These exports were worth $903 million during the first quarter of the year, compared to $719 million during the same period in 2017 – an increase of more than 25.5 percent.
Bulk of these exports comprised travel goods, a category that has attracted a large number of investors after Cambodia was granted duty-free benefits for travel goods exports under the US’s GSP programme in 2016. Orders of garment and footwear products have remained stable.
On March, US President Donald Trump signed the Consolidated Appropriations Act, which extended the country’s GSP programme, a scheme established in 1974 to promote economic growth in the developing world by allowing access to duty-free privileges for least developed countries.
The extension will expire in December 2020.
Flameproofings recently installed and commissioned a state of the art Brukner coating plant in its facility in Bolton, UK.
The company worked extensively with the Flameproofings team to define requirements and customise the design of the machine to ensure that all expectations were met or exceeded in all regards. Essential requirements were best-in-class heat and temperature consistency across and throughout the dryer, non-stop batch changeover and exact application as well as control of the coating media according to the customer requirements.
Besides the technical features Flameproofings had high expectations in reducing the energy consumption in support of its sustainability initiatives.
Brukner’s design team, in conjunction with Flameproofings developed a sophisticated line entry concept with two driven unwind stands, followed by a tension controlled roller accumulator to avoid length tensions and providing improved dimen-sional stability.
The GTX, which replaced the GT3 and was initially unveiled in late 2017, debut at Fespa this year.
Purpose-built for t-shirt printing, the GTX has a platen size of up to 406x525mm and boasts a simple user interface. It can print a full design in CMYK plus white in less than 90 seconds and basic CMYK in less than one minute.
A series of collateral accessories mean the DTX can not only print on t-shirts, but also hats, shoes, bags and leather.”
Valerio Scotti, Senior Manager –Business Development, Brother DTG said, “Fespa is the most important exhibition for our customers and we invest a lot in our technology.
Expo Freight Logistics (EFL) has signed a charter contract with Qatar Airways for a weekly B777 freighter from Dhaka to New York.
The service will carry 100 tonnes per flight of sportswear, lingerie, loungewear, bridal wear, workwear, swimwear and children’s wear for 12 months.
According to the Bangladesh Export Promotion Bureau, the country earned US$28.15 billion from ready-made garments in 2017, 81.2 percent of its total exports.
The company appreciated its new contract with EFL that complements a daily freighter link between Dhaka and Doha as well as multiple daily passenger aircraft frequencies.
Archroma recently further integrated M. Dohmen, an international group specialising in the production of textile dyes and chemicals for the automotive, carpet and apparel sectors.
This follows the company expanding its stake in M. Dohmen from 49 per cent to 75 per cent in September 2017.
The increased integration will be implemented in North America and Korea. In North America, 20 employees from M. Dohmen USA, Inc joined Archroma when the company merged into Archroma U.S. Inc. operations in the US and into Archroma Canada, Corporation in Canada.
In Korea, Archroma recently acquired 100 per cent shares of M. Dohmen Korea Ltd and changed the company’s name to Archroma Korea
