CBME India to kick-start from April 26

2018/04 22 05:04

Courtesy: CBME More than 150 national and international exhibitors from 12 countries and regions are expected at the sixth edition of the Children, Baby and Maternity Expo India 2018 (CBME India) beginning from April 26. The 3- day exhibition will bring together Indian and global suppliers, manufacturers of child, baby and maternity products and services, […]

Rwanda says withdrawal of AGOA benefits US discretion

2018/04 22 05:04

Praising the US Government for having unilaterally initiated the African Growth and Opportunity Act (AGOA), the Rwandan ministry of trade and industry recently said it is Washington’s discretion to withdraw AGOA benefits. The US decision was a result of a move by East African countries to raise tariffs on used clothes to promote the local […]

CDC gives nod for 9 new textile & footwear projects

2018/04 22 05:04

Nine projects belonging to the textile, garment and footwear industry have been given preliminary final registration certificates by the Council for the Development of Cambodia (CDC) in the first three months of this year. In addition, CDC has also issued preliminary final registration certificates to two projects related to manufacturing of travel bags. The nine […]

CB&I bags ethylene technology contract from Lianyungang

2018/04 22 05:04

CB&I, a leading provider of technology and infrastructure for the energy industry, has been awarded an ethylene technology contract byLianyungang Petrochemical Co., Ltd., a subsidiary ofZhejiang Satellite Petrochemical Co., Ltd.The scope of work includes a process design package, heater engineering and technology license for two ethylene plants. The two plants with a capacity of 1,250 […]

Pak ministry proposes extension to PM package for 2018-19

2018/04 22 05:04

Pakistan’s textile ministry has reportedly proposed extending the prime minister’s export package worth Rs 180-billion to the next fiscal, which starts this July. The suggestion was said to be part of the ministry’s budget proposals. Announced in January 2017, the package’s first part ended on 30 June last year and the second part will conclude […]

Indian textile minister hears Himachal’s pending issues

2018/04 22 05:04

Himachal Pradesh industries minister Shri Bikram Singh recently met Indian textiles minister Smriti Irani in New Delhi to apprise her about various pending issues of the state and requested for early approvals and release of funds under various schemes. He said half of the amount for 49 technical programmes had been released and the rest […]

Flipkart’s new Bengaluru campus to consolidate offices

2018/04 22 05:04

Indian e-commerce company Flipkart has set up a new campus in Bengaluru to consolidate its other offices in the city to improve operational efficiency and take advantage of the resulting synergy between various teams and functions. Teams have already moved to the new location and started operating, according to Flipkart head of marketplace Anil Goteti. […]

TUV Rheinland signs MoU for sustainable services

2018/04 22 05:04

TUV Rheinland, a global leader in independent technical services, has marked a significant development in its sustainability services offering with the signing of MoU with Good Environmental Choice Australia (GECA). This development is a milestone in TÜV Rheinland’s strategy of creating a global network of Mutual Recognition Agreement (MRA) partners. "Today, companies in all industries […]

Zilingo raises $54 mn, launches B2B platform ZAM in US

2018/04 22 05:04

Courtesy: Zilingo Three-year-old South-east Asian e-commerce start-up Zilingo entered the US online marketplace by launching its new business-to-business (B2B) platform, Zilingo Asia Mall (ZAM) on April 6. The firm recently closed a $54-million series C funding round led by Sofina, Burda Principal Investments and Sequoia Capital India with Amadeus Capital joining as a new investor. […]

No action by Indian ministry on plaints on e-comm: CAIT

2018/04 22 05:04

The Confederation of All India Traders (CAIT) is apprehensive over no action by the commerce ministry on e-commerce issues and the resulting detrimental impact on retail trade. Accusing e-commerce platforms of violating the Foreign Direct Investment (FDI) Policy 2016 through deep discounts and loss funding, CAIT criticised commerce minister Suresh Prabhu’s silence. "It appears that […]