| India : GEA requests Govt to suspend cotton yarn exports (November 09, 10)|
Garments Exporters Association has appealed to the Government to immediately suspend export of cotton and cotton yarn, because of the recent extraordinary rise in cotton prices and consequent steep hike in prices of the yarn. Besides price fluctuation, fabric availability has become a serious issue as weaving units are not making any delivery commitments.
| Bangladesh : Energy crisis biggest threat to economic growth (November 08, 10)|
Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) said power conditions of Quarter1 (July to September) of FY11 remained almost the same as in the previous quarter.
| India : India Inc's fund costs to rise (November 08, 10)|
Allahabad Bank led a consortium of lenders’ move to raise Rs 700-crore term loan for knitted garments exporter SEL Manufacturing, at 3.5 percentage points above its base lending rate , signaling rising cost of funds for companies. About half a dozen banks are lending to the Ludhiana-based company, including Punjab National Bank and Union Bank of India , said two persons involved with the transaction.
| Bangladesh : A national security challenge for Bangladesh (November 08, 10)|
In recent weeks, we have seen a lot of reportings in the local dailies on cotton sourcing and the difficulties that our textile industry's stakeholders are facing. Almost all of them reported subjectively and some made overly simplified statements that do not necessarily describe the realities, causing significant anxieties and frustrations among the stakeholders. It is important to realise that the textile industry is the core element of our economy. This is the industry, which earns 76 per cent of our foreign export income and hence is vital for our economy and national security. Stakeholders must have access to objective reports and analyses that would help them understand the actual situation in cotton and textile market and make appropriate decisions for their companies in a timely manner. This current report attempts to address this issue.
| India : Punjab knitwear, textile units oppose cotton export policy (November 08, 10)|
Over 1,000 Ludhiana-based knitwear and textile units have come out against the cotton export policy of the Union government.
| Pakistan : PTEA demands duty free import of polyester (November 03, 10)|
The Pakistan Textile Exporters Association (PTEA) has demanded duty free import of polyester fiber to cover the shortage of 20 percent of cotton crop demaged by the recent floods and 30 percent gap between demand and supply of polyester fiber in the country.