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US-China trade war, a boon to Bangla
The ongoing trade war between the US and China will be beneficial for Bangladesh's garment sector as the American brands will place more work orders here to branch out their sourcing, according to a new survey.
Intertek introduces training courses for textiles
Intertek jointly with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has introduced the fifth collection of training courses under the Skills for Employment Investment Programme (SEIP), designed by the Bangladesh government to support the apparel and textile sector.
ITAMMA pavilion proposed for DTG 2019
The BoDs of the Bangladesh Textile Mills Association’s (BTMA) organised a meeting where 7-8 members from ITAMMA were present. About 4-5 BoDs of BTMA attended the meeting including their Vice President, Hossain Mehmood. The meeting was held on February 10, 2018 at Dhaka.
Rieter's order intake grows by 16%
Rieter’s growth in order intake in the Asian countries (excluding China, India and Turkey) was pleasing.
The Rieter Group achieved an order intake of CHF 1 051.5 million in the 2017 financial year. This represents an increase of 16 per cent compared to the previous year (+ CHF 146.3 million). Thus, the upturn seen in the first half of 2017 continued. Sales totaled CHF 965.6 million, up 2 per cent on the previous year (2016: CHF 945.0 million). The full annual financial statements and the 2017 Annual Report will be published by Rieter on March 13, 2018.
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