Economy

Germany’s Fiscal Expansion Expected To Lift Growth Above Forecasts, Says Goldman Sachs

Textile Insights November 9, 2025

Germany’s plan to significantly increase spending on infrastructure and defence is set to push economic growth above its long-run potential and above current market expectations over the next several years, according to a new outlook from Goldman Sachs Research. The government led by Chancellor

Economy

Vietnam, Austria Seek Stronger Ties In Skilled Labour And Investment

Textile Insights November 6, 2025

Vietnam is looking to deepen cooperation with Austria in skilled labour exchange and investment, Vietnamese Ambassador to Austria Vu Le Thai Hoang said during a working session with Rene Tritscher, head of the Austrian Business Agency (ABA). Ambassador Hoang highlighted Vietnam’s favourable investment climate, inviting Austrian companies to explore opportunities in

Economy

Staubli Unveils SAFIR PRO S37 Automatic Drawing-in Machine At ITMA Asia 2025

Textile Insights October 29, 2025

At ITMA Asia 2025, Staubli has unveiled its latest innovation, the SAFIR PRO S37 automatic drawing-in machine, setting new benchmarks in weaving automation and precision. Designed to handle filament yarns at high speed, the SAFIR PRO S37 ensures efficient workflow and exceptional fabric quality, catering to demanding applications such as airbags, sportswear, waterproof

Economy

AUTEFA Solutions Showcases Production Technology At ITMA Asia 2025

Textile Insights October 29, 2025

AUTEFA Solutions is showcasing its full-line production technology at ITMA Asia + CITME 2025 Representing its three Business Units, Nonwovens, Baling Technology, and Woollen Carding — the company is featuring state-of-the-art machinery, including the trade-fair premiere of the Stylus ONE needle loom. The Stylus ONE, based on proven Fehrer technology, delivers up to 1,500

Economy

ADB Approves US$ 52.7 Mn Loan To Boost Cambodia’s Renewable Energy Grid

Textile Insights September 23, 2025

The Asian Development Bank (ADB) has approved a US$ 52.72 million loan to support Cambodia’s Grid Expansion Project, aimed at strengthening the national transmission network and integrating more renewable energy into the power system. The project will help meet rising electricity demand with cleaner, locally generated power. Cambodia has rapidly expanded domestic

Economy

Trade Deal by November? India–US Talks Regain Momentum

Textile Insights September 18, 2025

India and the United States formally resumed trade negotiations on Tuesday, with both sides describing the discussions as “positive and forward-looking.” The commerce ministry said the talks covered “various aspects of the trade deal” and that efforts would be intensified to reach an early conclusion of a mutually beneficial agreement. The US delegation was led […]

Economy

Chinese Investment In Bangladesh Jumps 300%; Dhaka Eyes Deeper Economic Ties

Textile Insights September 17, 2025

Chinese investment in Bangladesh has surged 300%, underscoring Beijing’s growing role in the country’s economic landscape, Commerce Adviser Sheikh Bashir Uddin said on Friday. Speaking at the ‘Belt and Road Initiative in Bangladesh Exhibition’ at the Bashundhara Convention Centre, he stressed that enhanced collaboration with China could further accelerate Bangladesh’s

Economy

India, US Reaffirm Strong Ties Amid Trade Negotiations

Textile Insights September 11, 2025

Prime Minister Narendra Modi reaffirmed the strength of India-US relations, expressing confidence that ongoing trade talks will unlock new opportunities for both economies. Responding to a post by US President Donald Trump on X, Modi said India and the US are “close friends and natural partners” and emphasized that both sides are working to conclude […]

Economy

India–EFTA Trade Pact To Take Effect From October 1: Says Switzerland

Textile Insights September 5, 2025

The free trade agreement between India and the European Free Trade Association (EFTA) will come into force on October 1, Switzerland announced on September 3, calling it a landmark deal that embeds legally binding provisions on trade and sustainable development for the first time in any Indian FTA. The Trade and Economic Partnership Agreement (TEPA), […]

Economy

India Seeks New Markets To Counter US Tariff

Textile Insights August 28, 2025

India is set to launch dedicated outreach programmes across 40 countries, including the UK, Japan, South Korea, Germany, France, Italy, Spain, the Netherlands, Canada, Mexico, Russia, and Australia, in a bid to diversify textile exports and reduce reliance on the US market, a senior official said on Wednesday. The move comes after the United States […]