Author: Editorial Team

New training centre for garment industry in Sri Lanka

A training centre to train some 35 youth for the garment industry has been set up in Sri Lanka after the Security Force Headquarters – Mullaittivu (SFHQ-MLT) took initiatives to establish a new garment factory in collaboration with the District Secretary for Mullaittivu and garment industrialists. The training centre is an initiative of Global Design Tex. Global Design Tex intends to provide the youth job opportunities in the garment industry in Mullaittivu area under the Phase one. In the second leg of the project, Global Design Tex expects to establish 300- employee garment factory in the Mullaittivu area for...

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Sustainability Compact reviews priorities for RMG sector

Partners of the Sustainability Compact – the Government of Bangladesh, the European Union, the US, Canada, and the International Labour Organisation (ILO) – have held the third follow-up meeting. The meeting aimed at assessing progress made since the second follow-up meeting on January 28, 2016 and to review priorities for the coming year. The partners recognise progress made in several areas of the Compact, says the ‘Joint Conclusions’ released by the partners after their meeting in Dhaka. These include recent increase in trade union registrations in Dhaka division, work towards the development of standard operating procedures (SOPs) to better...

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Cotton price remain firm amid short supply

As both spinners and ginners remained cautious amid short supply, the cotton market stayed firm. While at the Karachi Cotton Exchange, no transaction was recorded. Spot rates also remained unchanged at Rs. 6,650/ maund (37.324kg) and Rs. 7,127/40kg. Ex Karachi rates also remained firm at Rs. 6,785/maund and Rs. 7,272/40kg after an addition of Rs. 135 and Rs 145 as upcountry expenses, respectively. Major deals that changed hands on the ready counter were: 200 bales from Rahim Yar Khan at Rs. 6,900 per maund (around 37 kg), 200 bales from Shahdadpur at Rs. 6,550, 200 bales from Mirpur Khas...

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India Australia to increase cooperation in textile industry

India and Australia will intensify cooperation in the field of textiles, clothing, handloom and fashion, with the government approving an agreement between the two nations in this regard. The Memorandum of Understanding between the Ministry of Textiles and the Department of Foreign Affairs and Trade, Australia will benefit weavers. The Union Cabinet chaired by Prime Minister Narendra Modi approved the pact at a meeting recently. As per the agreement, the participants will jointly identify appropriate measures to connect the Australian and Indian textile and fashion sectors; promote collaboration and international engagement between those sectors.They will also nurture the skills...

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Telangana to launch saving scheme for welfare of weavers

Textiles Minister K T Rama Rao announced that a new scheme will be launched on June 24 from Pochampally and the main objective of the scheme is to provide financial and social security to the weavers. The new Telangana Handloom Weavers Thrift Fund Savings and Securities Scheme (TFSSS) is for the benefit of weavers in the State. Rama Rao said that apart from providing financial and social security, the scheme will also help the weavers take loans or any financial help in the future to meet their needs. The scheme would cover those working in weaver cooperative societies, self...

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