China's consumer inflation eased in March to an 18-month low, leaving room for further macroeconomic policy stimulus in the coming months, analysts said on Tuesday.China's consumer price index, a main gauge of inflation, climbed 0.7 percent from a year earlier in March, down from 1 percent in Februa Read More

Local companies had to cut about 20 percent of their production and many had been forced to reduce their workforce, said Nguyen Huu Tuan, a senior executive of listed Thanh Cong Group.Other firms also reported a drop of more than 20 percent in both order quantity and value, Pham Xuan Hong, chairman Read More

Textiles and garments, Vietnam's second-largest export earner, have been hit as consumers in the United States, Europe and other big markets cut spending on clothing.Vietnamese garment makers felt the impact of a global slowdown dampening demand in their key markets as the industry's exports dropped Read More

The Bangladesh Textile Mills Association (BTMA), which is the body of the textile mill owners in the country, has sought an interim restriction on import of cotton yarns for the readymade garment (RMG) industry even as they cited stockpiles of the same in various mills of the country to press home t Read More

KT&G announced that it will cooperate with Kolon Industries to jointly develop cigarette filters using environmental-friendly lyocell fibers. The signing ceremony between the two parties was held on February 20 at KT&G's Seoul headquarters.The two companies plan to establish a promotion committee to Read More

Semir Apparel recently said that the company’s retail sales in end-user market fell by 10.8% year-on-year in January, but increased by 1.3% year-on-year in February, and increased by 6.9% year-on-year in March. Month-on-month improvement, the trend is positive. The cumulative sales of omni-channel r Read More