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27-Jan-2018  USA: 11 Nations to Sign Revived TPP Deal Without the US    
One year after Donald Trump seemingly killed the Trans-Pacific Partnership by pulling the U.S. out of the deal, the remaining 11 countries have settled on terms and have set a date to sign the agreement. Read More  

27-Jan-2018  UAE: FTA praises shipping, logistics sectors on VAT    
he shipping, customs clearance and logistics sectors showed a high level of responsiveness and cooperation in the implementation of value-added tax (VAT), Federal Tax Authority (FTA) officials said in a statement on Wednesday. Read More  

27-Jan-2018  Pakistan: Demand for end to duties on cotton yarn import in Pakistan    
Pakistan’s value-added textile export sector has urged Prime Minister Shahid Khaqan Abbasi to abolish all duties and taxes on cotton yarn import to help earn foreign exchange and reduce trade. Read More  

27-Jan-2018  Bangladesh: Long lead times, fabric imports reduce competitiveness of woven garment exports    
Bangladeshi manufacturers mostly producebasic fabrics, which is not for higher-end products.Increased dependence on fabrics import and a lack of proper policy on energy supply are negatively impacting the competitiveness of Bangladesh’s woven garment. Read More  

27-Jan-2018  Bangladesh: RMG backward linkage could flourish under govt support    
The garment sector is playing a great role in development of Bangladesh, but export dependency on a particular sector is not good for the country. Read More  

27-Jan-2018  India: Telangana asks Indian govt to help Sircilla weavers    
India’s Telangana state has requested the central government to set up a mega power loom cluster in Sircilla as part of the Comprehensive Power Loom Cluster Development Scheme. In a letter to textiles minister Smriti Irani. Read More  

27-Jan-2018  USA: US real GDP rises 2.3% in 2017    
United States’ real GDP increased 2.3 per cent year-on-year in 2017, compared with an increase of 1.5 per cent in 2016, according to the ‘advance’ estimate released by the Bureau of Economic Analysis. Read More  

27-Jan-2018  Nigeria: Nigerian govt wants to revive garment, textile manufacturing with special economic zones    
After several years of neglect, the Federal Government is beginning to think towards reviving the Textile and Garment industry, with the creation of Special Economic Zones , which would first address the myriads of challenges facing textile manufacturers in the country. Read More  

27-Jan-2018  Kenya: Kenyan government projects 50,000 jobs if drought and pest-resistant GMO cotton approved    
President Uhuru Kenyatta [of Kenya] is betting on mass production of genetically modified cotton to create 50,000 jobs and generate Sh20 billion [$195.6 million USD] in apparel export earnings this year as part of his final term economic revival plan. Read More  

27-Jan-2018  India: Firm trend seen in cotton prices as CCI, corporates step up purchases    
Cotton prices are seen ruling firm as State-run Cotton Corporation of India (CCI) and multinationals such as Louis Dreyfus and Glencore have stepped up purchases of the fibre crop across key growing regions in the country.More than half the estimated total crop size of 345 lakh bales has already ar Read More