- Crops up everyday! What is on earth ‘-core’ science?
- Jan 12,2023
- During the World Cup, the word “blokecore” frequently appeared on various social softwares and became one of the trends that young boys and girls rushed to catch up with. Seeing the root of ‘-core’ can't help but remind me of the popular “Normcore” in 2010. This word is a combination of “normal” and “hardcore”, which is used to describe a life attitude that is different from the subculture that was too pursuing individuality at that time and is s...
- The logistics industry in the U.S. grew slightly in December 2022
- Jan 06,2023
- The logistics industry in the United States grew slightly in December 2022, and the country's Logistics Managers Index (LMI) reached 54.6, up 1 percentage point from 53.6 in November 2022, but still far below the high point in 2021. The inventory levels of downstream enterprises in the United States is much higher than that of upstream enterprises (62.8 to 53.3, respectively), which indicates the differentiation observed in December. Essentia...
- 98.7% foreign enterprises expressed that they would expand investment in China
- Dec 30,2022
- From January to November 2022, the profits of major industrial enterprises in China decreased by 3.6% year-on-year. According to the data from the National Bureau of Statistics (NBS), the total profit of industrial enterprises with an annual operating income of 20 million yuan or more in these eleven months is about 7.72 trillion yuan. Although the profit decreased by about 4% compared with last year's, faced with challenges and p...
- Vietnam's textile & garment exports up 18.9% in Jan-Nov 2022
- Dec 28,2022
- Vietnam earned $34.645 billion from textile and garment exports in the first eleven months of 2022, an increase of 18.9 per cent over the same period of last year, as per preliminary data from customs IT and statistics department, general department of customs, Vietnam’s ministry of finance. The exports growth was 7 per cent month on month in November 2022. The US accounted for a major share (about 46.18 per cent) totalling $16.092 billion in...
- World GDP 2023 forecast slashed to 1.4% due to inflation: Fitch
- Dec 28,2022
- World gross domestic product (GDP) forecasts for 2023 have been revised down again as central banks intensify their fight against inflation, as per Fitch Ratings. Global GDP is expected to grow by 1.4 per cent in 2023, revised down from 1.7 per cent in the September 2022 forecast. China 2023 growth forecast has been cut to 4.1 per cent from 4.5 per cent, while the 2022 growth forecast for the country remains at 2.8 per cent as the surge in COV...
- Sensor specialist becomes employee owned
- Dec 27,2022
- BTMA member Dent Instrumentation – a specialist in contactless yarn sensors – has become an employee-owned business following the formation of a new Employee Ownership Trust (EOT). The detection response of the sensors can be adapted to each individual unit according to customer requirements.The company, based in Colne, Lancashire, has been family owned since its founder Geoffrey Dent secured a patent for the very first contactless yarn sens...
- Monforts marks 40 years of advanced manufacturing in Austria
- Dec 27,2022
- Montex Maschinenfabrik – the key site for the manufacturing of Monforts finishing machines in Austria – has celebrated its 40th anniversary in 2022. Montex specialises in all aspects of machine production, including high-precision sheet metal working, laser cutting and welding.Located in St. Stefan, in the centre of Austria’s Lavant Valley in Carinthia, the advanced manufacturing hub was founded by Monforts in 1982. “From the outset...
- The Global Textile and Apparel Supply Chain Conference Successfully Held
- Dec 07,2022
- International Textile Manufacturers Federation President, China National Textile and Apparel Council President Sun Ruizhe said，“From 2015 to 2021, China's textile industry investment in RCEP members accounted for 37% of the total investment in the textile industry. In 2021, The textile import and export trade between China and RCEP member states and regions totaled 98.76 billion U.S. dollars, accounting for 28.7% of the industry's...