Corporates

BGBA, Air8 Partner To Boost Textile Export Financing

Textile Insights May 28, 2025

The Bangladesh Garment Buying House Association (BGBA) has signed a Memorandum of Understanding (MoU) with Air8, a cross-border supply chain finance platform, to enhance access to export financing for Bangladesh’s textile sector. The partnership aims to provide BGBA members with innovative

Export

Pakistan’s Textile Exports Drop By US$ 272.6 Million In February

Textile Insights March 20, 2025

Pakistan’s textile exports fell sharply by US$ 272.6 million in February compared to January, as high production costs driven by expensive electricity continue to pressure the sector. According to data from the Pakistan Hosiery Manufacturers Association (PHMA), textile exports stood at US$ 1.41 billion in February, down from US$ 1.68 billion in January. Knitwear exports

Trade & Market

Indonesia Pushes For Early Completion Of IEU-CEPA To Boost Textile Industry

Textile Insights March 20, 2025

The Indonesian government has called for the swift completion of the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) to protect and strengthen its textile industry amid global geopolitical uncertainty. Coordinating Minister for Economic Affairs Airlangga Hartarto highlighted that the European Union (EU) is Indonesia’s largest market for

Event

ITMA ASIA + CITME 2025 Sees Record Growth, Expands Exhibition Space

Textile Insights December 13, 2024

ITMA ASIA + CITME, Singapore 2025, has exceeded expectations, recording a 30% increase in applicants compared to previous editions. Owned by CEMATEX (European Committee of Textile Machinery Manufacturers), China Textile Machinery Association (CTMA), and CCPIT TEX (Sub-Council of Textile Industry, CCPIT), the exhibition is set to take place at the Singapore Expo from 28 to

Industry

Vietnam’s Textile Industry: Recovery Amid New Challenges

Textile Insights September 26, 2024

Vietnam’s textile and garment industry is seeing a strong recovery, with export turnover reaching US$ 4.3 billion in August and USD 28.3 billion in the first eight months of 2023, a 6.2% year-on-year rise, according to VITAS. VITAS Chairman Vũ Đức Giang highlighted that the surge in orders, driven by global disruptions like the US-China […]

Industry

European Textile Industry: Navigating Challenges And Seizing Opportunities

Textile Insights August 29, 2024

Since 2020, global events such as Covid-19, Ukraine conflict and shifting geopolitical dynamics have profoundly impacted the world of work and the economic landscape. Rising inflation, skyrocketing energy costs and supply chain disruptions have compounded these effects. In Germany, fears of a gas shortage further heightened concerns. The shift to remote work and the