The Business Times
business-time-50

Garment & textile industry

International

US cuts tariffs on Bangladesh goods, including apparel exception

“We are exploring other markets that could pay better,” association head Robert Young says.
Asean Business

Philippine garment makers find they can’t quit the US just yet

Trump’s 50% tariffs on Indian goods have upset the country’s US$11 billion textile export industry and shaken confidence in the US market.
Global Enterprise

Indian garment exporters reel under US tariffs

The United States is the biggest market for India’s garment exporters, who say steep tariffs are leading to order cancellations and making them uncompetitive against Bangladesh and Vietnam.
Energy & Commodities

India suspends cotton import duty in signal to US, relief for garment industry

Cambodia has a big trade surplus with the United States, with its exports to the US market accounting for 37.9 per cent of its total shipments in 2024, valued at close to US$10 billion, according to official data.
Asean Business

Cambodia deputy PM says 19% US tariff rate averts collapse of its garments manufacturing sector  

Several countries in Asia have gotten notice of new tariff rates imposed by the US to take effect on Aug 1.
International

Asian garment industry braces for higher US tariffs

Garment workers sewing clothes at a Snowtex Group textile factory in Dhamrai, a sub-district in Dhaka, Bangladesh, Dec 29, 2024. While owners say business has bounced back, frustrated workers say hard-won concessions have done little to change their circumstances, and life remains as hard as ever.
Global Enterprise

Bangladesh garment industry rebounds, but workers say little change

Garment workers work at a factory in Bac Giang province, near Hanoi in Vietnam, Oct 21, 2015. Extreme heat and flooding could erase US$65 billion in apparel export earnings from Bangladesh, Cambodia, Pakistan and Vietnam by 2030, research from asset manager Schroders and the Global Labor Institute found last year.
ESG

Extreme heat puts garment factory workers at risk, study shows

The Indonesian clothing maker has no intention of closing its factory and is focusing on continuing operations as its business and financial conditions have shown signs of recovery over the past few years.
International

Indonesia vows no layoffs for 50,000 workers in bankrupt Sritex

Indonesia could impose up to 200 per cent tariffs on imports to protect local industries from cheap goods from countries like China.
Asean Business

Indonesia seeks to protect textile industry from Chinese goods

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More