March 2023

Vietnamese textile and RMG industry development plan suggested at VND 435.6 billion

Vietnamese textile and RMG industry development plan suggested VND 435.6 billion

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A VND 435.6 billion sustainable development programme for the textile and apparel industry was recently presented by the Vietnam Textile and Apparel Association (VITAS) to assist the sector in resolving issues. At the Vietnam Textile Industry’s Traditional Day meeting in Ho Chi Minh City, the suggestion was made by Truong Van Cam, vice chairman and …

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Exports decline as policymaking loses direction Businesspeople complain that economic managers lack direction and don't consult them.

Exports decline as policymaking loses direction Businesspeople complain that economic managers lack direction and don’t consult them.

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KARACHI: When the nation has to take strong measures to boost economic growth and ameliorate the pain of businesspeople and ordinary people, businessmen are saying that exports are declining and national financial planning is directionless. Suleman Chawla, the acting president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), noted that the team …

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Pakistan will not attend the US Democracy Summit Making a choice gets more complicated when the US welcomes Taiwan but not China and Turkey

Pakistan will not attend the US Democracy Summit Making a choice gets more complicated when the US welcomes Taiwan but not China and Turkey

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ISLAMABAD: Pakistan decided on Tuesday to forego the second “Summit for Democracy” being held by US President Joe Biden this week after lengthy internal discussions. Pakistan was also invited to the three-day conference that President Biden organized in 2021 but declined because of worries about China. The US invited more than 100 nations this year, …

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The Meaning, Purpose, and Difficulties of Textile Recycling

The Meaning, Purpose, and Difficulties of Textile Recycling

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Narendra Modi, the prime minister of India, was recently spotted in Parliament sporting a unique blue jacket constructed of recycled plastic bottles. Under Indian Oil’s Green Initiative of Sustainable Garments, it was created from PET bottles that had already been recycled. So, it is essential to understand what recycling is and how it may help …

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Pakistan is unable to profit from carbon credits

Pakistan is unable to profit from carbon credits-Reforestation, greenery, solar, and wind energy.

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ISLAMABAD: Carbon trading provides developing nations with cutting-edge and creative trade and commercial options so they may make money while reducing greenhouse gas (GHG) emissions. A carbon credit, also known as a carbon offset, is a payment for the greenhouse gas (GHG) emissions that have been decreased or eliminated from the atmosphere due to emission-reducing …

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SUSTAINING EXPORTS - DECARBONIZATION

SUSTAINING EXPORTS – DECARBONIZATION

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Mr. Shahid Sattar, Secretary General, APTMA Ms. Noreen Akhtar, Research Associate – Sustainable Development, APTMA Pakistan’s exports-based economy is heavily reliant upon its textile sector. More than 60% of the country’s exports are textiles, and the industry employs 40% of the country’s labor force (International Finance Corporation n.d.). The industry is currently experiencing two crucial …

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On March 28, Inter-textile Shanghai Apparel Fabrics will begin

On March 28, Inter-textile Shanghai Apparel Fabrics will begin

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The National Exhibition and Convention Center will host the spring edition of Inter-textile Shanghai Apparel Fabrics next week, welcoming up to 3,000 exhibitors and showcasing a variety of textiles and accessories (Shanghai). Several seminars, forums, and panel discussions will be hosted concurrently with the exhibition, which will run from March 28 to 30, to support …

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Rate increases by the European Central Bank will affect the worldwide textile industry

Rate increases by the European Central Bank will affect the worldwide textile industry

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In response to the recent turmoil in the banking industry, the European Central Bank (ECB) announced a hefty rate rise of 50 basis points this week. This move showed its willingness to support banks with liquidity. This decision has been long expected as inflation has been significantly higher than the desired level throughout the 20-member …

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EU’S Textile Waste and Used Clothing in Pakistan

EU’S Textile Waste and Used Clothing in Pakistan

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Shahid Sattar and Noreen Akhtar With the rising global trends in fast fashion, the export of textile waste or unwanted clothes to destinations outside the EU has steadily increased. This export reached 1.4 million tonnes in 2021. Around 2.1 million tonnes of post-consumer clothing and home textiles are collected in the EU annually for recycling …

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Nullarbor, a bacterial-based fibre, was awarded Cellulose Fibre Invention of the Year.

Nullarbor, a bacterial-based fibre, was awarded Cellulose Fibre Invention of the Year.

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The winning cellulose fibre innovation 2023 is a collaboration between Nanollose (AU) and Birla Cellulose (IN) with a tree-free lyocell made from bacterial cellulose called Nullarbor. Renewcell (SE), cellulose fibres made from 100% textile waste, came in second, and Gencrest Bio Products’ (IN) new-generation banana fibre Vybrana took third. In conjunction with the “Cellulose Fibres …

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