Lectra Announces Significant New Investments in India
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Lectra, the world leader in integrated technology solutions dedicated to industries using soft materials—textiles, leather, industrial fabrics, and composite materials—is pleased to announce significant investments in India with the opening of two new offices, based in Delhi and Tirupur, one International Call Center in Bangalore and with the strengthening of its sales and distribution network in India.
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THAILAND: Apparel export growth slows in 2011
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Thailand's apparel exports continued to grow in 2011, but at a slower pace than last year according to the latest figures from the Thai Garment Manufacturers Association (TGMA).
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Chinese textile and garment exports totaled US$247.89 billion in 2011
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In 2011, China's exports in textile and garment hit US$247.89 billion, up by 20.04% year on year
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Brazil’s fast growing economy has had a positive effect on the country’s textile and clothing industry
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Brazil’s fast growing economy and the population’s buoyant spending have resulted in a large increase in textile and clothing consumption per head in the country -- and this has provided a big boost to production, according to a report in the latest issue of Textile Outlook International from the business information company Textiles Intelligence.
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BoI target surpassed
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The investment applications submitted for privileges from the Board of Investment (BoI) during January to November this year has surpassed the BoI's target of Bt500 billion.
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Banks must prepare for Asean: Prasarn
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Bank of Thailand Governor Prasarn Trairatvorakul today urged Thai banks to learn more about Asean market ahead of full liberalisation of the regional financial market in 2020.
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Governor sees slower export growth on global woes
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The governor of the Bank of Thailand estimates that export growth will slow to 8 per cent next year mainly on global uncertainties.
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Rehab budget to be revised to avoid redundancy
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The Cabinet will revise the central budget of Bt120 billion set for post-flood restoration to avoid redundant spending by state agencies.
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Hi-Tech partially reopens early
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Flood-ravaged Hi-Tech Industrial Park resumed operations yesterday, 15 days ahead of target, while 30 factories there have already laid off over 8,700 staff.
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Anti-graft alliance vows to keep close watch
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The Anti-Corruption Network (ACN), an alliance of private watchdog groups, yesterday launched the "Clean Thailand DIY" campaign to monitor the government's spending of Bt800 billion earmarked for post-flood recovery efforts.
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Central Bank ready to trim policy rate further if needs arise
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The Bank of Thailand has signalled further cuts in the policy rate to boost the local economy affected by uncertainty over the global economy and the flood crisis.












