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WTO ups global trade growth forecast to 10.8% in 2021, 4.7% in 2022, Switzerland
The World Trade Organisation (WTO) recently upgraded its forecast for global merchandise trade volume to a 10.8 per cent rise in 2021 from the 8 per cent increase projected in March this year on the
Global merchandise trade continues robust recovery from pandemic: WTO, Switzerland
Global merchandise trade is continuing its robust recovery from the shock of the pandemic, according to the WTO goods trade barometer, which hit a record high in its latest reading issued on August
GIZ, ILO set up Asian garment-textile sector hub to drive change, Germany
German development agency GIZ and ILO have jointly set up an online platform to develop a more sustainable future for the global garment and textile sector.Asia Garment Hub is aimed at creating a
Automation in Asia's garment industry relatively slow: ILO, Switzerland
Automation of garment production in Asia has been slow compared to other sectors as seen in the low sales of robots in the sector, says a research brief by the International Labour Organisation. This
Asian garment industry market concentration, consolidation rise: ILO, Switzerland
Although Asia's garment market rose in size in value terms before the pandemic, market concentration also kept rising, says a research brief by the International Labour Organisation. Consolidation and
ILO adopts code of practice on health & safety in textiles & footwear, Switzerland
International Labour Organization (ILO) has adopted code of practice on safety and health in textiles, clothing, leather and footwear industries. Based on international labour standards and other
Near-shoring limited by manufacturing capacity constraints: ILO, Switzerland
Though EU buyers and the European Commission are exploring more near-shoring through reduction in garment-related trade duties in several countries, near-shoring prospects could be overstated as such
Customisation, circular fashion remain important trends: ILO brief, Switzerland
Design, production and consumption of apparel that increases resale, subscription, renting and reuse of clothes using safe and renewable materials is a growing trend, and the pandemic appears to have
ILO campaign spreads COVID-19 awareness among Bangladesh RMG workers, Bangladesh
The International Labour Organisation recently launched a behaviour change awareness campaign to identify and reduce COVID-19 risks faced by readymade garment workers in Bangladesh in their workplaces
Vietnam surpasses Bangladesh as 2nd biggest garment exporter: WTO, Switzerland
Bangladesh recently lost its rank as the second largest apparel exporter to Vietnam, according to the latest data released by the World Trade Organisation (WTO). Vietnam sold $29 billion worth of
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