03:20:57 local time CHINA
Invista opens first textile research center in China:
Invista, one of the world’s largest integrated producers of polymers and fibers, announced Thursday the opening of its first textile application research center in Shanghai.
It is the U.S.-based company’s fourth worldwide textile application research institution. The other three are located in the United States, Italy and Taiwan.
Construction on the 3,000-square-meter research center in Qingpu district of Shanghai, with a total investment of 7.3 million U.S. dollars, began in May 2011 and was completed this July. read more.
* China seeks cotton trading cooperation with Tanzania:
* Kids’ clothing by Les Enphants, Adidas fails tests:
Baby apparel made by major children’s wear firm Les Enphants and sportswear giant Adidas were found to have problems in colorfastness and shrinkage, China Consumers Association said yesterday.
Kids’ underwear of Shanghai Les Enphants Children Articles Co Ltd, the Shanghai subsidiary of Taiwan-based baby product retailer Les Enphants, was found to have poor performance in shrinkage, meaning the size of clothing will change significantly after washing. The product priced at 99 yuan (US$15.97) is available at one of Les Enphants’ stores in Jiu Guang Department Store on Nanjing Rd W. read more.
02:20:57 local time VIET NAM
* Shoe export contracts dry up:
While footwear was the nation’s third leading export earner in the first half of the year, exporters remain concerned about the lack of new export orders beyond the third quarter, according to Viet Nam Leather and Footwear Association (Lefaso) chairman Nguyen Duc Thuan.
Exports of footwear products in the first six months of the year surged to US$3.4 billion, 25 per cent over the same period a year ago, with EU markets accounting for US$1.55 billion of the total and exports to the $806 million, the Kinh te & Do thi (Economy and Urban Affairs) reports.
However, Thuan said, only a few producers, including the Dong Hung, An Lac, Binh Tien, Truong Loi and Lien Phat companies, have sufficient contracts in place and have not had to cut production.
Representatives from footwear exporter Thuong Dinh said negotiations for export prices were problematic as customers, particularly in the EU, were seeking lower prices due to sagging consumer demand. read more.
02:20:57 local time CAMBODIA
* Workers condemn use of violence against protestors:
The Coalition of Cambodian Apparel Workers Democratic Unions has condemned the use of violence and threats against protestors seeking better working conditions.
In a statement, it said seven factory workers including two women reported four cases of violence and threats during the first three weeks of July. Some were seriously injured, it said.
The coalition accused one factory of using “hired gangsters and security guards to beat union activists” attending a protest.
Ath Thon, the group’s director, expressed concern about authorities ignoring the garment and textile sectors, appealing for a halt to such violence.
The coalition itself has been accused of staging “illegal and violent” strikes by the Garment Manufacturers Association in Cambodia. to read.
* To read in the printed edition of the Phnom Penh Post:
2012-07-19 Tai Yang agreement still not reached.gif
2012-07-20 Workers hold out for more.gif
2012-07-23 Growth for exports fall in first half.gif
2012-07-24 Workers ditch factories for fields.gif
2012-07-24 Workplace injury rate rises.gif
2012-07-25 Cops said to have hit strikers.gif
2012-07-26 MoU the key to compliance.gif
* To read in the printed edition of the Cambodia Daily:
2012-07-23 Victims of February shooting re-questioned.gif
2012-07-24 ILO launches campaign to combat mass faintings.gif
2012-07-24 Municipality blames trade union for violent protest.gif
2012-07-25 Workers claims police beat them during factory protest.gif
2012-07-27 Business registration up 10.8% in first 6 months.gif
03:20:57 local time INDONESIA
* Insulting offer of adidas food vouchers rejected by workers:
An offer by adidas to donate food vouchers to Indonesian workers owed millions of euros has been described as downright insulting by union representatives and labour right campaigners.
The workers, previously employed at ex-addidas supplier PT Kizone, have been fighting for over a year to get adidas to pay the 1.5 million euros still owed to them in unpaid severance. Adidas’ offer: a food voucher worth just 43 euros.
Over the next two months adidas’ name will be beamed to every corner of the world. It has paid an estimated 127million euros to be the main sponsor of the London 2012 Olympic and Paralympic Games and for many of the competing athletes to wear its brand. It expects this exposure to yield billions of euros in extra sales. Yet adidas claims it can’t pay a mere 1.5 million euros that are legally owed to workers who earned just 50 cents an hour making its clothes.
The amount it has offered to Kizone workers is a pittance: equal to the cost of just one London 2012 t-shirt. This strikingly low figure is not even given in cash but in the form of a voucher. And here’s the punchline: it can only be spent in one supermarket.
Background on PT Kizone & See video & read more.
Tell adidas: If you can afford to sponsor the Olympics, you can afford severance pay for your workers!
* Indonesian firm picks Huntsman for dyes & chemicals:
Huntsman Textile Effects announced a strategic partnership with PT Lucky Print Abadi (LPA) that will see the global textile leader being awarded the coveted Preferred Supplier Status for LPA’s dyes and chemical requirements.
This partnership will see Huntsman Textile Effects actively supporting LPA in differentiating itself in the market through the supply of high quality textile dyes, chemicals and world-class technical service support.
Huntsman Textile Effects is a global leader in developing total textile solutions across all aspects of the textile chain and a committed player in developing sustainable, high performing processing and effects chemicals with low environmental impact.
01:20:57 local time BANGLA DESH
* Govt asks owners not to close RMG units in Ramadan:
The government on Thursday directed the apparel factory owners not to close any of their units in Ramadan and to pay workers before Eid-ul-Fitr to head off any disorder in the export-oriented sector.
Officials told a home ministry meeting that sudden closure of factories and job cuts in a number apparel units before Ramadan caused fresh labour unrest in the industrial belt of Ashulia, on the outskirts of Dhaka city.
‘Readymade garment factory owners have agreed to pay due wages with festival allowances before Eid in August,’ the home minister, Sahara Khatun, said after presiding over the meeting with the representatives of factory owners and labour leaders at the secretariat.
She said that BGMEA and BKMEA leaders had also been directed to take steps so that no apparel units were closed in Ramadan as workers work hard over the year and eagerly wait for Eid holidays to celebrate the festival with their families.
The lawmen have been asked to keep an eye especially on ‘sub-contract factories,’ which were usually closed before Eid to avoid paying festival allowances and dues to the workers, officials said. read more.
* No plan to review RMG wage structure- Khandker Mosha:
The government has no plan to review the wage structure of the garment workers now as they can hardly enjoy the benefits of increased salary for higher house rent, said Labour and Employment Minister Khandker Mosharraf Hossain on Wednesday.
Rather, the government is planning to introduce rationing system for the garment workers so that they can buy the food stuff at lower prices, the minister said.
“If the salary of the workers is increase now, the problem will be compounded further, because the house owners will increase the rent immediately.
As a result, the garment workers will not be benefited from the wage hike,” he said.
“The owners increase the house rent even four times in a year, which is waning the income of the workers,” Khandker Mosharraf said at a press briefing after a meeting with international garment buyers and their representatives at his secretariat office in Dhaka.
The minister called the buyers at his office at a time when different quarters have been talking about the labour unrest in the garment sector and the country’s human rights and the future of ready-made garment (RMG) industry.
The minister said the situation of the country did worsen to a position for which the international buyers can cancel orders from Bangladesh to other destinations.
* Violence in RMG sector:
Get to the bottom of the problem
Monday’s unrest originating from a knitwear factory at Ashulia spread to other garment units ending up in a widespread violence and damage to machinery in five factories, vehicles on the road and clashes with the police.
The labour-violence of that day reportedly had to do with alleged excesses committed by administrative officials of the knitwear unit concerned. Spontaneously, the unrest spread among workers from other factories engulfing the entire area into a veritable battlefield.
Whenever such labour-unrest with attendant violence takes place, the factory owners, trade bodies and the government invariably point fingers at some unseen quarters for the situation.
The workers, on the other hand, blame the factory management for such violence. Their complaints include refusal on the part of the management to listen to their demands for pay raise, non-payment of bonuses and other benefits before religious festivals, highhandedness of factory officials and use of hired goons to suppress them. But neither side has the patience to listen to the other side’s point of view, and the problems in this vital sector continue to fester.
Foreign buyers at a recent meeting in Dhaka, as well as a hearing of the US Congress, expressed serious concerns about the unrests and violence in the RMG industry. The State Department officials made special mention of the absence of labourers’ right, especially their right of association.
The government’s failure to tack down and try the killers of labour leader Aminul Islam, who disappeared on April 4 this year and other incidents of rights violation featured prominently in the Congress hearing with cautionary notes about what implications these developments might have on Bangladesh’s exports.
* 20 hurt as RMG workers clash in Ctg:
At least 20 people were injured during a clash between workers of two garment factories in Chittagong city Thursday morning.
The workers of Farzana Garment and an apparel factory of Four H Group locked into the clash at Mansurabad around 8:00am, reports our Chittagong correspondent, quoting Officer-in-Charge of Double Mooring Police Station Motiul Islam.
Quoting witnesses, the OC said workers of Farzana Garment went to the factory in the morning and found their boundary wall broken.
Since Four H Group had been claiming that the boundary wall was constructed on their land, workers of Farzana Garment went to the nearby garment to enquire about the incident that led to the clash, the police officer said.
Both the groups used sticks and iron rods during the two and a half hours clash, which left 20 people injured, he said. read more. & read more.
* Bonus, arrears before Eid – Garment owners assure workers:
Garment factory owners have agreed to pay workers their bonus and arrears before Eid holidays to avert unrest in the sector.
Home Minister Shahara Khatun said this to reporters after a meeting with the leaders of Bangladesh Garment Manufacturers & Exporters Association, Bangladesh Knitwear Manufactures & Exporters Association, Bangladesh Textile Mills Association and workers unions at her secretariat office.
The minister said the government would beef up vigilance in industrial zones so that no factory was shut down and no workers were dismissed ahead of Eid-ul-Fitr.
According to government data, as many as 247 incidents of labour unrest took place in May and 193 in June in Savar, Gazipur, Narayanganj and Chittagong.
A meeting source said the government had identified some issues that caused labour unrest in Ashulia, Savar and Narayanganj in May and June this year.
read more. & read more. & read more. & read more.
* RMG owners ‘assure timely’ wage payment:
Readymade garment (RMG) factory owners assured Home Minister Shahara Khatun on Thursday that they would pay the workers their wages and festival allowances before the Eid-ul-Fitr to avoid ‘unrest’ in the industry.
The RMG factory owners made the assurance at a meeting at the Home Minister’s office.
“We’ve asked the owners to pay the wages and bonuses before the Eid. They have agreed,” the minister said.
President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Shafiul Islam Mohiuddin told reporters that they would take steps to pay the workers within a specific period.
The Eid-ul-Fitr will be held on Aug 19 or 20, a date which depends on sighting of the moon.
A Home Ministry official, preferring not to be named anonymity, told bdnews24.com that the meeting decided to pay the wages before Aug 15.
The Cabinet Committee on Law and Order arranged the meeting presided over by the Home Minister to discuss ways to avoid possible unrest in the RMG sector and traffic gridlock before the Eid.
* Bangladesh Government Linked to Illegal Blacklisting of Apparel Workers:
Bangladesh’s Government operates a blacklist targeting and firing garment workers seeking their legal rights, according to new information obtained by the Institute for Global Labour and Human Rights.
Institute director Charles Kernaghan stated today, “The Bangladesh Government is in direct violation of many of the International Labour Organization’s core worker rights conventions, which the country ratifiedin June 1973, including Freedom of Association and Protection of the Right to Organize (ILO Convention 87), and the Right to Organize and Collective Bargaining (ILO Convention 98).”
In what according to the Institute is an unprecedented step, one of the world’s largest knitwear manufacturers, the South Ocean Group, headquartered in China and a major producer in Bangladesh’s Export Processing Zones, has confirmed repeatedly that the government-run Bangladesh Export Processing Zone Authority (BEPZA) is actively involved in the illegal blacklisting of workers seeking their rights.
Among the major U.S. buyers in Bangladesh are Wal-Mart, Hanesbrands, GAP, J.C. Penney, Nike, Levis and Tommy Hilfiger. European labels made in Bangladesh include Carrefour, Tesco, H&M, Marks & Spencer and Metro Group.
*Some of the U.S. Labels Produced in Bangladesh’s Export Processing Zones:*
Wal-Mart, Nike, Hanesbrands, Tommy Hilfiger, Reebok, GAP, J.C. Penney, Kmart, Wrangler, Lee, Levi’s Dockers, NBA, Eddie Bauer, Falcon, American Eagle…
*Some of the European and Australian Labels Produced in Bangladesh’s Export Processing Zones:*
BHS/British Home Stores/Arcadia Group (United Kingdom), Peek & Cloppenburg/Van Graf (Germany),Coles/Wesfarmers (Australia), Dressmann/Varner Group (Norway), Celio (France), de Bijenkorf (The Netherlands), Fynch-Hatton (Germany), H&M (Sweden), Mother Care (United Kingdom), adidas (Germany), Emmilee/Free Spirit (United Kingdom), Miles (Germany); Hi-Tech, Maurice Phillips (United Kingdom) read more.
* Devaluation of euro against Taka, US dollar hits hard RMG exporters:
The devaluation of euro against Bangladeshi Taka (BDT) and the US dollar has hit hard Bangladeshi exporters.
The exporters’ profit margin has fallen from EU export as they are paying for imported raw materials in US dollar while receiving a significant amount of payment for exports from European customers in euros.
The European buyers, who pay in dollars, are also bargaining to reduce the price of Bangladeshi items following fall of euro, businesses said.
“The Bangladeshi exporters, especially the readymade garment (RMG) makers, are in dire straits as euro fell a two- year low against US dollar and Bangladeshi Taka,” said Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) second-vice president Mohammad Hatem.
He said: “We purchase raw materials from the countries like China, Taiwan, South Korea, Japan and the United States in dollars and receive a significant amount of export payment in euros resulting in profit reduction and also export obstruction.”
* Textile mill gutted:
A devastating fire gutted machinery and raw materials of a textile mill at Uttar Sartia village in Sadar upazila on Wednesday morning.
Sources said the fire originated at the JS Textile Mill from an electrical short circuit at about 11am and gutted thread, cloths and 10 power loom machines of the mill.
* India’s cotton imports to treble on thin supply:
Tight domestic supplies of cotton and lower prices abroad have prompted Indian textile mills to ramp up imports, which are likely to treble in the year ending Sept. 30, 2012, industry officials said on Thursday.
Mills in the world’s second biggest cotton producer have already imported 500,000 bales and have signed contracts for around 1 million bales at 75-80 cents per lb, compared with the local price of about 88 cents, dealers said.
“Indian textile companies are importing cotton, taking advantage of cheaper prices in the international market. Cotton imports may touch 1.5 million bales,” Dhiren Sheth, president of the Cotton Association of India told Reuters.
Most of the imports are from African countries, Australia and Brazil, dealers said.
“Millers have contracted around 1 million bales for shipments in the next two months,” said Dharmesh Lakhani, a trader and exporter based in Rajkot, Gujarat.
* Labour issues cloud bright RMG future:
Mozena dwells on ‘perfect storm’ at Star discussion
Bangladesh has every prospect to be the world’s largest garment seller, but its exports to the US may land in deep trouble unless the government sincerely resolves a number of issues mostly relating to improving labour rights within this year.
Dan W Mozena, US ambassador to Bangladesh, made these remarks yesterday.
Cost escalation is driving buyers from China and investments are looking for new homes like Bangladesh. Now it is time the country grabbed the opportunity.
Mozena said four factors had gathered on the horizon, with power to have “a very magnified negative impact” on exports to the US, the largest market for Bangladesh.
“The US is trying to convey a clear understanding of the reality of the market in America for Bangladesh’s readymade garments. That market is currently under threat due to a perfect storm,” the ambassador said during a discussion at The Daily Star office.
The latest of the factors is the unresolved murder of labour leader Aminul Islam, who worked for the Bangladesh Centre for Workers’ Solidarity affiliated with the AFL-CIO, the umbrella American organisation for organised labour.
The Aminul murder is being seen by the US as reflecting a major escalation in the movement for greater labour rights, Mozena noted at the discussion during his courtesy visit to The Daily Star.
read more & listen to audio. & read more. & read more. & read more.
00:50:57 local time INDIA
* Textile strikes cut off from record of labour paradise:
While claiming “best industrial peace” compared to any other state of India, the Gujarat government’s labour commissionerate does not count the strikes and lockouts which take place in the state’s powerful textile sector.
The refusal is particularly considered strange as the organized textile sector alone accounts for 2.30 lakh workers out of a total of 13.18 lakh in Gujarat. This does not include lakhs who work in the unorganized powerloom sector.
Thus, the three-week-long strike in four textile mills of Ahmedabad in June, involving 6,000 workers, does not find mention in the official statistics on man days lost. The latest figures, obtained from the labour commissionerate, show that in the first six months of this year, just about 10,396 man days were lost in Gujarat. Labour experts say, if the workers’ strike in the textile mills is taken into account, the actual man days lost in Gujarat would reach around 1.3 lakh, a tall order.
Considering that the workers went on strike for 20-odd days, the Ahmedabad textile sector alone would account for 1.2 lakh man days lost. Labour expert Prof Vidyut Joshi said, “This is apart from sporadic man days lost because of the refusal of large number of workers to work in Surat’s small-scale powerloom sector, involving about 15 lakh workers. The workers there spontaneously stop work due to poor conditions. They are no ID cards. They are made to work for 12 hours.” read more.
* Arvind’s brand business acts pill for labour pain:
Hit with almost a month-long strike, textile major Arvind reported a four percent drop in its Q1 revenues of 2011-12. However, the company saw an impressive 9 per cent growth in brand and retail business which checked the profit margins from going down further due to production losses during the strike.
The company on Thursday announced that it earned revenue of Rs 1,157 crore and net profit after tax of Rs 32 crore for Q1 of 2012-13, against revenue of Rs 1,211 crore and net profit after tax of Rs 61 crore for Q1 of 2011-12.
At the operating level, consolidated EBIDTA in the first quarter for Arvind stood at Rs 129 crore.
Company said that despite reduction in selling prices by 10% to 14% in various textile products, caused by fall in cotton prices, revenue for Q1 was strong on account of robust growth in textile volumes and increase in revenue of brand & retail business.
Company officials said that the performance for the first quarter in 2012-13 is not comparable with that of the corresponding quarter last fiscal due to the labor unrest at two of its plants. Around 3,500 workers from denim maker Arvind’s Naroda and its subsidiary Ankur Textiles’ Raipur plant had gone on a strike demanding a 40 per cent wage hike in June.
The strike went for more than 20 days and spread to two other textile mills – Ashima and Asarwa – in the city. It was one of the biggest strike the once Manchester of east had seen in the last few decades. read more.
* Natural alternative for synthetic colours:
In a bid to come up with eco-friendly clothing material, Department of Textile and Apparels, University of Agricultural Science of Dharwad, has come up with naturally-dyed apparels after a series of experiments and research.
The university is also providing training on the use of natural colours instead of synthetic ones. Besides conducting research on eco-friendly colours, the department is extracting natural colours from plants, flowers, tree barks, leaves and even from dry leaves. With the help of red sandal bark, areca nuts, marigold, chrysanthemum, pomegranate, mahogany tree and their by products, the department is extracting natural colours.
Dr Geeta Mahale, a professor in textile and apparels department, told TOI that they are conducting researches to make permanent imprint of natural colours on apparels. The department says these are herbal cloths which will not fade away even after several washes. These are hygienic and skin-friendly too, protecting the cloth from bacteria and fungus, Mahale said. read more.
* Mills contract 10 lakh bales cotton for imports:
Supply crunch, lower crop output fears aid trend
The supply squeeze is owing to lower stocks with growers. Delayed monsoon has led to fears of drop in acreage and production of cotton. Besides, parched US crops have prompted millers in the country– world’s second-largest cotton exporter – to import more.
Nine-year high imports
The country’s cotton imports may scale a nine-year high of 15 lakh bales in the cotton year ending September, thanks to record exports of around 135 lakh bales — or 39 per cent of output — so far. read more.
* Textile mills to import cotton to meet shortage:
Indian textile mills have booked nearly eight lakh bales of cotton for imports, mainly from the African countries.
The import volume is likely to go up as the domestic textile industry expects shortage in cotton availability for the next couple of months and delay in cotton arrivals next season (October 2012-September 2013). Prices of Indian cotton are already shooting up. Cotton is the main raw material of the industry.
Sources in textile mills say the imports can go up to 15 lakh bales or more, and the mills are likely to buy more from other cotton-producing countries, such as the U.S. and Pakistan, too. However, imports will not affect domestic cotton prices as it is being done only to meet shortage in availability of domestic cotton. The Cotton Advisory Board (CAB) estimated consumption by domestic textile mills at 232 lakh bales this season (October 2011 to September 2012). Actual consumption is about 20 lakh bales a month. This means the mills will need nearly 240 lakh bales of cotton a year. Almost 120 lakh bales were exported this season. Since there is likely to be a shortage in availability in September-October, mills have started looking at overseas cotton. read more.
* Ministry to conduct powerloom industry survey in North India:
The Textile Ministry said on Wednesday that it will undertake a survey of the powerloom industry in northern India.
The survey will help the Government in getting a grasp of the latest developments in the powerloom industry in the northern India and in turn aid in formulation of policies to strengthen the sector, an official statement said.
The survey will be conducted by AC Nielsen ORG-MARG Pvt Ltd, it said. The Ministry also urged all textile units as well as other stakeholders in the region to give the necessary data to AC Nielsen ORG-MARG. to read.
* Centre to set up textile and agro funds:
After mulling a venture capital fund of Rs 2,000 crore to promote research and development (R&D) in the pharmaceutical sector, the Centre government is planning to set up similar funds in textile and agro sectors too.
“Pharma sector is one of the sunrise industries in manufacturing sector. There is huge market potential. We expect the pharma market size to grow by $ 1 trillion by 2020. Like we did in the sector, we are looking for similar funds in textile and agricultural sector,” said Commerce Secretary S R Rao. The government was in talks with the Export Import Bank of India (Exim Bank) for the Rs 2,000-crore fund in research activities for the pharma sector. read more.
* Zara owner faces roadblock in India:
Spain’s Inditex SA, the world’s largest clothing retailer, hit an investment roadblock in India as the government gave the thumbs down to its plan to sell Massimo Dutti apparel following the success with its flagship Zara brand.
An application by Inditex unit Zara Holdings BV to sell a more upscale brand through a joint venture with Tata Group’s retail arm, Trent Ltd, was rejected by the Foreign Investment Promotion Board (FIPB).
The board didn’t explain its decision, announced late Tuesday. read more.
* National Institute of Design to help Bhutan promote crafts, textiles:
The National Institute of Design (NID) will help Bhutan set up a museum to preserve and promote Bhutanese textiles.
The Royal Textile Academy of Bhutan, which was instituted under the patronage of Bhutan’s Queen Mother Ashi Sangay Choden Wangchuck, is planning to set up a textile museum. NID will offer design intervention for this museum, which is expected to be launched in June 2013.
Shimul Mehta Vyas, senior designer, Faculty of Textile, Apparel & Accessory Design at NID, said, “Bhutan has sought inputs from NID for training people to make textile-based products. We will help the museum uphold Bhutan’s 13 traditional crafts, mainly cane, bamboo, woodwork and textiles.” read more.
* Powerloom sector survey to help frame better polices:
The Ministry of Textiles in India has constituted a new ‘Baseline Survey of Powerloom Sector’. This project has been entrusted to AC Neilson ORG MARG, which will execute the project within nine months.
“The objective behind the survey is to collect authentic data on number of powerlooms in India, the various kinds of fabrics produced by them and other information”, Deputy Director in the Textile Commissioners Office – Mr Hriday Narayan, exclusively told fibre2fashion.
“We have designed a nine-page format. Other information like their markets, whether domestic or exports, etc will be collected and aggregated by AC Neilson ORG MARG, with assistance from Powerloom Service Centre’s across India and various powerloom associations.
“Currently we have no authentic data to frame proper policies for the development of the powerloom sector. As per figures available currently, in order to modernize the 2.3 million powerlooms in the country, we will need around Rs 50 billion, which is a very high figure. read more.
* Gujarat CM seeks Japanese investments in textile sector:
00:50:57 local time SRI LANKA
* Brandix bags Asia’s ‘Best Brand’ title in Singapore:
Sri Lanka’s top apparel exporter Brandix has been adjudged Asia’s ‘Best Brand’ for the second consecutive year by the Chief Marketing Officer (CMO) Council and won three more awards at the 2012 CMO Asia Awards for Excellence in Branding and Marketing held at Park Royal, Singapore.
The Best Brand award is based on an independent evaluation by the CMO Council, which considers ‘Mind Share,’ ‘Market Share’ and ‘Commitment Share’ as the principal criteria for the accolade.
According to the CMO Council, the principal criteria used in selecting the winner of the Best Brand award encompasses a brand’s strength in the minds of consumers of the respective product category; a brand’s strength in a certain market in terms of consumers’ actual buying behaviour and a brand’s strength in encouraging consumers to buy that brand in the future. read more. & read more.
00:20:57 local time PAKISTAN
* Garment exports down by $139 million- manufacturers:
The domestic garment exports fell by $139 million in the fiscal year 2012, prompting manufacturers and exporters to call for financial assistance to salvage their production losses and overcome soaring cost of doing business. Attributing the slump in industrial output on acute shortages of electricity and gas during the past year, exporters said they suffered eight percent decline in exports of readymade garments in the last fiscal year.
According to data compiled by Pakistan Bureau of Statistics, Pakistan”s garment exports declined by $139 million, from $1.773 billion in fiscal year 2011 to $1.634 billion in fiscal year 2012. “Based on official predictions of persisting power and gas outages, exporters are not seeing a bright year ahead,” Chief Co-ordinator of Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea), Ijaz A Khokhar told Business Recorder on Wednesday.read more.
* ‘Textile industry is facing tough competition in international market’:
Pakistan textile industry is facing tough competition in international market owing high production cost on the other hand the industrialists have started looking towards India and Bangladesh for imports.
Former Senior Vice President of Karachi Chamber of Commerce and Industry (KCCI) and prominent textile manufacturers and exports, Mohammad Hanif Lakhani said the industrialists facing enormous difficulties in operating textile units on full swing due to frequent increase in utility charges and gas and also water shortage.
He claimed majority of industrial units operating on 50 to 60 percent of their installed capacity in site industrial area and decline of production have serious impact on market share in international market, export are registering decline, he added. He said that industrialists feel that country is going to become import based country and there is no need to industries. He said that the problem of industrialists is increasing with the passes of each day and no body bother about it. read more.
* APTMA Chairman calls on Prime Minister, seeks resolution of power loadshedding issue:
All Pakistan Textile Mills Association (APTMA) Chairman Mohsin Aziz called on Prime Minister Raja Pervez Ashraf on Wednesday to get resolve power loadshedding to textile industry.
Federal Ministers including Hafeez Sheikh, Dr Asim Hussain, Chaudhry Ahmed Mukhtar, Qamar Zaman Kaira and Manzoor Ahmed Wattoo, besides the federal secretaries and Chief Executives of power distribution companies (Discos) were also present in the meeting.
Representing the textile industry, APTMA Chairman Mohsin Aziz said he was great admirer of the government two months back for overcoming power shortfall from 40 – 50 percent to 22 percent. He said the government and concerned ministries were also worth appreciated for keeping prime users on independent feeders exempted from loadshedding in the case of textile industry.read more.