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24-Oct-2019  How the twists and turns of the trade war are hurting growth    
The IMF downgrades its forecasts for the global economy. Again After Welcoming the St Louis Blues, a championship-winning ice-hockey team, to the White House on October 15th, President Donald Trump fondly recalled a recent triumph of his own: last week’s tentative trade deal with China. Read More  

24-Oct-2019  Bangladesh slashes source tax to 0.25 pct to boost garment export competitiveness    
Bangladesh''s tax collection body, the National Board of Revenue (NBR), has reduced the source tax on export proceeds for all sectors from 1.0 percent to 0.25 percent to boost mainly ready-made garment (RMG) export competitiveness. A senior NBR official told Xinhua Tuesday that the tax collection b Read More  

24-Oct-2019  Vietnamese fashion brands to be showcased at int’l fair    
The hottest fashion products and designs from exhibitors and rising designers from Việt Nam will be on display at Hong Kong''s largest one-stop sourcing fashion show to be held from October 27-30. More than 35 leading Vietnamese designers and manufacturers of garments, textiles and fashion accessor Read More  

24-Oct-2019  Pakistan: PTI govt, APTMA forming long-term textile policy    
ll Pakistan Textile Mills Association (Aptma) Punjab Chairman Adil Bashir has vowed to work with the European Union (EU) on all the initiatives to ensure sustainability and growth of the textile industry in Pakistan. Talking to EU Ambassador-Designate to Pakistan Androulla Kaminara on Tuesday, Bash Read More  

24-Oct-2019  India’s new trade policy should address both domestic, foreign challenges    
The current climate is fraught with uncertainty, slowing demand and exporting conflicts. The new Foreign Trade Policy should focus on measures critical for India’s growth India’s trade policy faces multidimensional challenges in today’s world of uncertainty, protectionism, falling global aggregate Read More  

24-Oct-2019  Cotton trade caught in a web of uncertainties    
Cotton traders across the nation are currently facing a huge dilemma over crop size and the likely behaviour of prices in the coming months. With rainfall extending well beyond the middle of October, apprehensions have gathered over the crop size as well as quality. While it is clear is that the co Read More  

24-Oct-2019  Government to soon change definition of MSMEs: Nitin Gadkari    
The government will soon make changes to the definition of a micro, small and medium enterprise, Union Minister Nitin Gadkari said on Tuesday and hoped to generate five crore jobs in the MSME sector in five years. Finance Minister Nirmala Sitharaman had in August said the government would consider Read More  

24-Oct-2019  Bring $500 million FDI, get relationship manager: Government    
Soon, those looking to invest $500 million or more in the country will have a designated person who will facilitate all clearances — from the Centre to local bodies — with officials from state government and central ministries too converging on one place to address investor queries and enhance flow Read More  

24-Oct-2019  Rayadurgam: Textile parks yet to take shape    
Thousands of workers particularly women are working in the garment industry and living in temporary camps in Bengaluru while the much-promised textile parks in Pamidi, Dharmavaram, Hindupur and Dharmavaram are yet to become a reality, thanks to the lip service of the government towards weavers and Read More  

24-Oct-2019  Sena warns of stir if cotton procurement centres not started by Diwali    
The past four to five years had been tough for cotton growers, he said, adding that in the recent times, the crisis of pink boll worms had devastated cotton farmers. Read More  

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