FW
In order to simplify the business process, the Bangladesh government has launched a digital service for the textile sector. With this in place, textile companies can carry out 18 different services under the new digital platform introduced under the ‘Online One Click Registration and Other Service Delivery by Directorate of Textile by Developing an E-Centre Network Using ICT’ project.
The e-service aims to help entrepreneurs carry out their businesses without wasting their time or money, informed textile and jute minister of Bangladesh, Imaj Uddin Pramanik while introducing the new service. Entrepreneurs in the textile sector can forward their applications through the service as well as make payments over the internet. The Access to Information project of the Prime Minister’s Office financed this programme, according to media reports.
The textile sector of Bangladesh is one of the highest foreign income generating industry of the country and holds 83 per cent share in total export earnings with $28 billion. The country seeks to achieve the target of $50 billion in textiles export by 2021.
In the seven months following the ban on liquor in the state, the sale of readymade clothes in Bihar increased by close to 44 per cent, said chief minister Nitish Kumar. He made the announcement of the surge in the sales of clothing items during the sixth leg of ‘Nischay yatra’, according to media reports. This yatra aims to take feedback regarding the impact of liquor prohibition on common people.
The sale of apparel as well as hosiery went up as people have begun utilising their money for buying useful items. The chief minister also said that the sales of sewing machines also witnessed a 19 per cent surge. While addressing a Chetna Sabha in Lakhisarai, Kumar said that people of Bihar are using their earnings to buy good clothes for themselves and their children post liquor ban.
At a meeting with a high-level delegation of Serbian senior trade and economic representatives, Director-General of Sharjah Chamber of Commerce and Industry Khalid bin Butti Al Hajri said that the Emirate of Sharjah has deep economic ties with Serbia and seeks to strengthen investment and trade ties with the country.
The delegation that comprised of representatives of garment, leather and food industries met the investors and businessmen from the UAE to discuss ways of supporting the unique economic ties between Sharjah and Serbia by way of developing trade relations and opening new investment avenues for UAE investors in Serbia.
The delegation made a presentation about their national products as well as incentives and facilities offered by the government of their country to the UAE business community. The two sides also discussed the services and facilities offered by the Sharjah Chamber of Commerce and Industry as well as the body's willingness to support Serbian companies and organisations planning.
Pakistan’s minister for National Food Security and Research, Sikandar Hayat Bosan has said that the decision regarding the announcement of textile package for the industry would be taken at the highest level after having thorough consultations with ministries of Textile, Finance and Commerce. He added that his ministry would also give its input accordingly.
He was talking to media after a meeting with All Pakistan Textile Mills Association (APTMA) Punjab president Aamir Fayyaz and other office-bearers. Responding to APTMA concerns, the minister assured of taking them up at the federal level. He also urged the Association to join hands with the government on the front of cotton research to meet the demands of the industry in future.
He underscored that the industry, the farming sector and the government would have to work as a team to achieve this task. He also assured the APTMA office-bearers of his full support in resolving their problems pertaining to his ministry. Bosan however ruled out any issue of food security citing that Pakistan has surplus stocks of wheat, rice, corn, sugar and other commodities.
He said that the country had a bumper crop of maze with regard to per acre yield and as whole production in the region. He went on to add that corn yield was also very high this season. Though several crops including gram, were affected due to less rains and other environmental factors in the country, crops production would improve as rains were expected next month, he maintained.
After repeated cases of baby-lifting from government hospitals, the Tamil Nadu health department has decided to use technology to safeguard newborns from kidnappers. From tomorrow, access to the Neonatal Intensive Care Unit at the Government Kilpauk Medical College and Hospital will be controlled by a biometric security system. This would be a pilot project and would be extended to other hospitals in the State, it is understood.
The new move is in line with the previous initiative of using Radio Frequency Identification (RFID) tags to ensure that children are not kidnapped from the labour ward. The tags functioned much like those used in big textile establishments to prevent shoplifting.
While the RFID system offers three-layers of security for the baby, mother and patient attenders at labour wards using tags, readers and monitoring, besides an alert system, the biometric system is simpler. It primarily restricts access to the Neonatal Intensive Critical Care Unit (NICCU) where sick newborns are admitted.
Informed Dr R Narayana Babu, Director of Medical Education (additional incharge), from Wednesday, entry into the NICCU will be only through the biometric system. Mothers of the sick children admitted in the NICCU will be given ID cards.
This measure would ensure the safety of the children admitted in the NICCU, because they are alone most of the time with their mothers coming in only to feed them. So there is a risk of baby-lifting, the doctor noted.
The staff members attached to the ward have been given ID cards while the process of entering the details of mothers whose children are admitted in the ward has begun. Dr K L Malarvizhi, nodal officer for RFID tag system, said the biometric and RFID systems have different uses and objectives. The first is for the labour ward where there are a large number of attenders milling around. In such a scenario, a tag that sends a warning if the baby is moved five metres away from the mother is used.
For a change, the foreign exchange reserves of Bangladesh has hit a record $32.09 billion at the end of December, up $720 million from the previous month. The reserves were sufficient enough to cover about nine months' worth of imports and are $4.6 billion higher than that of last year.
Steady garment exports and remittances from Bangladeshis working overseas have helped build reserves in recent years. Both garment exports and remittances are said to be the key drivers of the country's more than $200 billion economy.
On the back of rising demand of domestic mills, the prices of cotton moved up on Monday. Moreover, good export enquiries and tight supplies at the producing centres have supported the cotton price to increase.
Traders said that at present, cotton supply is tight and demand of domestic mills has increased. This has enabled the prices of cotton to soar. On the other hand, enquiries from exporters are higher. Gujarat Sankar-6 cotton was up Rs. 100 to Rs. 39,900-40,200 per candy of 356 kg.
About 22,000 bales of 170 kg arrived in Gujarat and 1.35 lakh bales arrived in India. Kapas or raw cotton traded up on strong demand for cottonseed from oil millers. Kapas gained Rs. 10 to Rs. 1,040-80 per 20 kg and gin delivery kapas stood at Rs. 1,080-1,120. Cottonseed traded up by Rs.10 to Rs. 480-520 per 20 kg.
Gokak Textiles has announced that due to his personal commitments, Mohan Ketkar has resigned as the company secretary and compliance officer of the Company with effect from 02 January, 2017.
Further, the Company has informed that Vikram Nagar, Chief Financial Officer has been appointed as the Compliance Officer for the interim period till the appointment of a qualified Company Secretary takes place.
This year’s New Mexico Cotton Growers conference will be held on January 11 at the Ruidoso Convention Center, 111 Sierra Blanca Drive, Ruidoso, New Mexico between 8 a.m. and 4 p.m.This year’s conference will focus on cotton nutrition and fertilization, disease management, cotton varieties, cotton economics, the current regulatory environment and cotton classification and grading.
The said conference provides an opportunity for cotton growers in New Mexico to update their knowledge on important production practices and to also learn about new technologies in cotton production coming out from the industry. It also provides an opportunity for cotton growers to network among themselves and discuss matters that are of mutual benefit.
The total cotton output in 31 autonomous regions and municipalities in China came down by 4.6 per cent or 260,000 tons in 2016 compared to that in 2015. The decrease that included the main cotton producing province of Xinjiang was despite the increase in yield per unit area, according to a bulletin released by the National Bureau of Statistics of China.
The Bulletin on the National Cotton Output in 2016 is based on the result of nationwide statistical survey in 31 Chinese provinces. The cotton sown area of Xinjiang was acquired through remote sensing survey.
The total cotton sown area in the period stood at 3,376,100 thousand hectares down by 11.1 per cent or a decrease of 420,500 thousand hectares compared to 2015, the Bureau added. However, the cotton yield per unit area amounted to 1,582.5 kg/ha, up by 7.2 per cent or an increase of 106.5 kg/ha compared with 2015. The total cotton output accounted for 5,343,000 tons, down by 4.6 per cent or a decrease of 260,000 tons compared to that in 2015.
