Nayab Islam

Vietnam & US Sign $500 Million MOU to Advance Green Economy

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The $500 million Memorandum of Understanding (MOU) between the Vietnam Development Bank (VDB) and the Export-Import Bank of the US (EXIM) aims to strengthen economic cooperation and assist green transformation projects. This strategic partnership was formally signed at a ceremony at VDB’s Hanoi headquarters with the goal of promoting US exports to Vietnam. The MOU …

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Lenzing, Austria, announces a strategy to protect glaciers and use circular textiles

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Inspiring group action for sustainable practices and a circular economy in the nonwovens and textile value chain, the Lenzing Group, a leading provider of regenerated cellulose for the textile and nonwovens industries, has developed a novel, cutting-edge concept that helps to protect our glaciers in a sustainable way. The talk, “Glacial Threads: From Forests to …

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The Rajasthani government uses the EoDB to create the Export Promotion Policy for 2024

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The government of Rajasthan has created a draft strategy to boost exports using digital infrastructure, quick clearances, and ease of doing business (EoDB). Government sources claim that the administration is seeking suggestions on the approach from industrialists, exporters, and trade associations. “Since the model code of conduct is now in force, the final policy will …

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Center and NMMC strike an agreement for the treatment of textile waste

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The textile committee of the Center and the Navi Mumbai Municipal Corporation (NMMC) have an agreement about the handling of textile waste. This agreement is a part of the ongoing Swachh Survekshan project, which aims to make the city cleaner and more sustainable. Emphasis is made on the effective classification of textile waste, which includes …

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BGMEA announces the new board for the 2024–2026 term

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SM Mannan (Kochi), chairman of Seha Design Ltd., has been chosen president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) for the 2024–2026 term. The managing director of Well Designers Ltd., Syed Nazrul Islam, has been elected as the organization’s inaugural vice president. Furthermore, the managing director of Designtex Knitwear Ltd., Khandoker Rafiqul Islam, …

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Lenzing, an Austrian company, publishes a joint annual and sustainability report

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Reiterating the strategic significance of social and environmental responsibility for the business, The Lenzing Group, a major global manufacturer of regenerated cellulosic fibers for the textile and nonwovens sectors, has released its first combined annual and sustainability report. The financial year 2023 report has been prepared in digital format once again and can be accessed …

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The eco-friendly TRAPIS textile pigment transfer system is introduced by Mimaki Europe

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Mimaki Europe, a prominent supplier of cutting plotters, 3D printers, and industrial inkjet printers, has formally introduced “TRAPIS,” a technology for printing textile pigment transfer. This environmentally friendly technology, which was unveiled at ITMA 2023, will be available later this year. It provides a sustainable and user-friendly solution for textile applications, cutting wastewater by almost …

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Sourcery introduces a transparency solution for the value chain of cotton

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Worldwide sourcing arrangement The Impact and Assurance initiative, which Sourcery has introduced, is supposed to provide transparent and traceable primary data collecting along the cotton value chain. Sourcery claims that its transparency effort gives the cotton value chain access to primary data that is pertinent to a particular place and has been independently verified. It …

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Inditex reports “historic” FY ’23 performance and intends to make expansion investments of € 1.8 billion

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Inditex, a Spanish fashion multinational, has announced a 10.4% growth in sales. Industry observers commend the company for its ability to integrate trends and broad demographic appeal, which have enabled it to weather challenging market conditions. Inditex claims that in 2023, the company’s fully integrated strategy yielded excellent operating results, with net income, revenue, and …

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Bonkers Corner presents their latest collection of Seamless and Supima

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The online apparel company Bonkers Corner has announced the launch of the Supima and Seamless collection. This new line combines the sophistication and coziness of Supima cotton with the innovative seamless construction idea to provide customers with an amazing wardrobe experience. Bonkers Corner improves upon the Supima and Seamless series by utilizing seamless construction. This …

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