Article

Garment shopping picks up momentum

Submitted by webmaster on 9 October 2016

9/10/2016


Source: New Indian Express


ROURKELA: After a slow start, the fashion garment sales has picked up pace in the last few days. A release of ex gratia to public sector steel workers for Durga Puja is adding to the festive shopping spree. Around `10,000 each was released to nearly 12,500 senior employees while `8,000 each was released to around 1,500 new joinees of RSP on Friday. Similarly, a sizeable number of South Eastern Railways Group B and C workers received `17,951 each.

Garment exports to US on the rise

Submitted by webmaster on 5 September 2016

5/9/2016


Source: Bangkok Post


With increased shipments of garment, overall exports to the US rose 1.12 percent to $3.6 billion in the first seven months of this year, according to data from the US Department of Commerce.


Between January and July, manufacturers exported $3.36 billion of garment products to the US, Bangladesh's single largest export destination. The number is a 0.87 percent rise year-on-year.

Cambodia garment factories close amid political uncertainty

Submitted by webmaster on 23 August 2016

23/8/2016


Source: Bangkok Post


Political uncertainty in Cambodia has forced the garment and footwear industry to look to alternative countries to meet production needs, forcing more than 70 factories to close and a sharp drop in orders, a senior official from the Garment Manufacturers Association in Cambodia (GMAC) said.

Centre notifies rebate of state levies on garment exports

Submitted by webmaster on 20 August 2016

20/8/2016


Source: Fibre2Fashion


The Union ministry of textiles has notified the rebate of state levies, which were not refunded earlier to the garment exporters, as announced in the special package for garment sector.
The rebate shall be given under the 'Scheme for rebate of state levies on export of garments 2016'. The scheme will come into effect from September 20, 2016 and will remain in operation for a period of three years.


For the scheme, the amount of rebate shall be calculated using the FOB value of the garment exported.