Optimistic signals for garment, textile industry

Optimistic signals for garment, textile industry

Although the developments of the Covid-19 pandemic remain complicated and unpredictable all over the world, the garment and textile industry still receives good news when orders have become plentiful again, enough for domestic enterprises to produce from now until the end of the year.
Garment and textile companies have been facing a decline in export orders. (Photo: SGGP)

Garment, textile industry sees decline in orders

With plentiful orders right at the beginning of this year, garment and textile industry set export target of US$40 billion for this year. However,  recently, orders have suddenly dropped drastically, concerning garment and textile enterprises.