Global news roundup
The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.
- Garment firms in Burma are changing their business strategies to appeal to foreign investors, according to the Myanmar Garment Entrepreneurs Association. Many foreign garment companies have been attracted by the country's tax breaks as tax can be reduced to 15% depending on the type of export. The potential investment is expected to create job opportunities but will depend on whether the Myanmar government allows joint ventures. MIZZIMA
- The government of India is considering pulling back 1,000 acres of land from Sri Lankan apparel giant Brandix after its failure to set up a fibre-to-store concept in Vizag. Brandix was expected to house 30 garment manufacturing firms and create 60,000 jobs by investing $1bn in the Brandix India Apparel City (BIAC). Only seven units have been set up so far, employing 16,500 people. Discussions have been held but no decision has been made yet. TIMES OF INDIA
- A fire at a readymade garment factory in Gazipur in the Dhaka, Bangladesh has destroyed Tk2m (US$25,301) worth of goods. It was controlled within two hours and nobody was injured. Officials said the fire at the Palmall Knitwear plant started from a short circuit. The news comes after at least seven workers were killed in a fire in the same region last month. BDNEWS24
- Footwear exports from Pakistan edged up 1.5% between July and December last year. Some US$48.39m worth of footwear was exported in 2012 against $47.66m the year before. Leather footwear exports edged up 0.02%, while exports of canvas footwear jumped 29.7%. In addition, leather garment exports rose 4.1%, according to the Pakistan Bureau of Statistics (PBS). PAKISTAN OBSERVER
- Maharaja Shree Umaid Mills has lost stock at its premises in Rajasthan, India after a fire broke out earlier this week. No workers were injured at the plant and the cause of the fire is being evaluated by the management. The textile manufacturer said production at the business has not been hampered as a result of the fire and is continuing as usual. THE HINDU BUSINESS LINE
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