Economy News

India-New Zealand FTA Creates US$2 Billion Export Opportunity for Indian Textile Industry

India's textile and apparel industry is expected to benefit significantly from the forthcoming India-New Zealand Free Trade Agreement (FTA), which is set to enhance bilateral trade, improve market access,...

NCTO Voices Concerns Regarding USTR’s Textile Mechanism, Part of Administration’s Section 301 Actions on Forced Labor

The National Council of Textile Organizations (NCTO), which represents the full spectrum of the U.S. textile industry from...

U.S. Textile and Apparel Industry Unites Behind New Trade Incentive Proposal

For the first time in recent years, leading U.S. textile manufacturers, apparel brands and retailers have jointly proposed...

Afreximbank: Africa’s Economy Grows 4.5% in 2025 Despite Global Trade Challenges

Africa strengthened its economic resilience in 2025, recording faster economic growth despite rising geopolitical tensions, slowing global demand...

Mohawk Cleared to Acquire Bremworth as Deadline Looms for New Zealand Wool Carpet Deal

Mohawk Industries has received regulatory approval to acquire Bremworth, bringing one of New Zealand’s best-known wool carpet manufacturers...

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Turkey’s industrial exports recover steadily since April

Turkey’s industrial exports have recovered steadily since April, when the restrictions to curb the spread of the coronavirus pandemic peaked, according to data from...

Countdown to the most beautiful exhibition of the industry

More than 400 brands in the field of cosmetics, beauty and health came together at CNR Beauty & Wellness Show Istanbul on September 19-22....

Vietnam’s VNPOLY becomes fibre provider for Adidas

After two years of renewing commercial operations, the Vietnam Petrochemical and Fibre Joint Stock Company ‘s (VN-POLY) DTY yarn, produced along with a partner,...

SAUDI ARABIA STARTS TO FOLLOW FLEXIBLE WORK CONTRACTS SYSTEM

By : Marwa Mahmoud - LEADERS MAGAZINE The Saudi Arabia Human Resources Ministry has begun introducing the “flexible work” system contracts that allow contracting between the...

10 Apparel Categories of Cambodia Tap Growth in Exports to Usa in 2020!

Cambodia has been able to perform positively in its apparel exports to USA during January-June ’20 period! The country surged by 3.44 per cent on...

Tunisia has exported more food products and less textiles

The breakdown of trade by regime shows that exports under the offshore regime recorded a 1.6% fall in the first two months of 2020,...

Quality Thai Textiles on show

A range of exquisite Thai fabrics from across the country will take centre stage during "The Elegant Thai Textile" which is running at Charoen...

Morocco’s Unemployment Rate Reaches Highest Point Since 2001

The COVID-19 pandemic and the measures that came with it led to the loss of nearly 600,000 jobs between April and June. Rabat – Morocco’s...

ITKIB URGES GOVERNMENT FOR FINANCIAL SUPPORT

Istanbul Textile and Apparel Exporters Association (ITKIB) urged the government to provide financial support, including tax exemptions and debt delays, to help the sector...

Chinese economy bounces back into growth

China’s economy grew 3.2% in the second quarter following a record slump. The world’s second-biggest economy saw a sharp decline in the first three...
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