Chinese investors are considering Bangladesh as an ideal investment destination and are also interested in shifting investments to Bangladesh while also making new investments. The Chinese investors informed this to a delegation of the Bangladesh Export Processing Zones Authority (BEPZA) which
The Denmark Ministry of Environment has taken a decision to ban clothing products and shoes containing per-and polyfluoroalkyl substances (PFAS) also called ‘Forever Chemicals’. In a statement, the ministry said that a national ban on the import and sale of clothes, shoes and waterproofing agents with PFAS will have a genuine environmental effect in Denmark. […]
The Gujarat High Court sets aside the Centre’s notification removing anti-dumping duty (ADD) on the import of purified terephthalic acid (PTA) imports from Korea and Thailand. In a major relief for the domestic manufacturers, the Gujarat High Court order will force the government of India to levy ADD with immediate effect. PTA is a major […]
Primark, the international fashion retailer, has announced plans to open a new store in Parma, Italy, marking a significant step in its expansion within the Italian market. Situated within the ‘Parma Retail’ shopping centre, close to the city centre, this store will be Primark’s second in the Emilia Romagna region, following the successful launch of […]
The U.S. Cotton Trust Protocol has announced the appointment of a refreshed and expanded Board of Directors, signaling a new phase in its governance. The board now comprises 22 members, including 11 new appointees, expanding from its previous 16 members. This move follows a governance review four years into the programme’s successful development, aiming to […]
Swinsol has announced the appointment of Didem Daneffel as the Vice President of Sales. Didem brings a wealth of experience and expertise to the team, with a proven track record in sales strategy, team leadership and market expansion. In her new role, Didem will be instrumental in driving growth and exceeding targets, as she supports […]
Sportradar Group AG has announced the appointment of Behshad Behzadi as Chief Technology Officer and Chief Artificial Intelligence Officer (CTO and CAIO), effective May 1, 2024. In his new role, Behzadi will be based at Sportradar’s headquarters in Switzerland, reporting directly to CEO Carsten Koerl. With a focus on driving the utilization and integration of […]
Filatex India Ltd, a leading manufacturer of synthetic filament yarns, reported its audited results for Q4FY24 & FY24 on April 30, 2024. Filatex reported revenue of Rs 1,026 crore in Q4FY24 (Rs 1,083 cr in Q3FY24), EBITDA of Rs 64.6 cr (vs. Rs 74.7 cr), Profit Before Tax of Rs 47.2 cr (vs. Rs 25.2 […]
Raymond Ltd announced its audited financial results for the year ended March 31, 2024, achieving its highest-ever annual revenue of Rs 9,286 cr and EBITDA of Rs 1,575 cr, with an EBITDA margin of 17.0%. Despite challenges in the lifestyle business, Raymond maintained double-digit revenue growth of 11% in FY24 compared to the previous year, […]
Suominen is bolstering its capabilities in sustainable products by upgrading and enhancing one of its production lines in Bethune, South Carolina, USA. This strategic investment aligns with Suominen’s vision to lead in nonwovens innovation and sustainability. “This investment reinforces our position as the foremost provider of sustainable nonwovens in the Americas market,





















