The Asian Development Bank (ADB) recently signed an agreement with Bangladesh’s Eastern Bank Ltd (EBL) to provide a $20-million loan to help improve standards and quality in Bangladesh's textile and garment sector. The loan will be used to finance socially and environmentally sustainable projects, specifically, the construction or expansion of factories. 

China has seen a rise in cross-border e-commerce trade, with turnover rising 80.6 per cent to 90.24 billion yuan last year over 2016. The average annual growth rate for the past three years is more than 50 per cent, said Yu Guangzhou, head of China's General Administration of Customs (GAC) recently at the first Global Cross-Border E-commerce Conference in Beijing. 

In the Spring Edition of Intertextile Shanghai Home Textiles to take place during the month of March 2018, over 200 exhibitors with a wide range of products including bedding and toweling, carpets and rugs, table and kitchen linen, machinery and technology, and design and styling will gather in China. The event will give a boost to China’s home textile market.

Viet Tien Garment JSC, one of the leading companies in the garment-textile industry in Vietnam, to take measures to improve the efficiency of investment projects, expand investment and shift toward green production to realize the target of USD one billion in export turnover by 2020 with an annual average growth of 10 percent, said Director General Bui Van Tien.

Apparel Textile Sourcing Miami show, scheduled during the month of May is being organized by JP Communications, the parent company of Apparel Textile Sourcing trade shows, which two years ago launched a similar apparel and textiles sourcing show in Toronto.

Hyosung Corporation , the largest global spandex producer of South Korea, which is working with several leading Indian players in the textile field feels that India is a key focus market for the company is likely to invest around Rs 3,000 crore Maharashtra’s spandex project.