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Honduras raises $1bn in textile investments under 2020 plan

2018-11-12 13:26:00| Daily apparel & textile news and comment - from just-style.com

Honduras has raised over $1bn or about one-third of the $3bn needed to transform its textiles industry as part of the Honduras 2020 development plan, a top executive has told just-style, admitting the initiative is facing heavy delays. 

Tags: plan investments honduras raises


Investments boosting Invista's ADN production

2018-11-09 11:07:00| Daily apparel & textile news and comment - from just-style.com

US-based fibre producer Invista has set a 12-month production record for adiponitrile (ADN) - a key ingredient for nylon 6,6 plastics and fibres - at its Orange, Texas facility.

Tags: production investments boosting adn


Softbank profits surge on investments, telco business shows steady growth

2018-11-05 12:58:00| Telecompaper Headlines

(Telecompaper) Softbank reported another surge in net profit for its fiscal first half to September, with the result jumping 719 percent to JPY 840.1 billion from JPY 102.6 billion a year ago. The growth was driven by gains on its investment portfolio, while revenues rose a more modest 6 percent year-on-year to JPY 4.65 trillion. Operating profit was up 62 percent to JPY 1.42 trillion, supported by improvement at Sprint. 

Tags: business shows growth investments


NTT Docomo forecasts drop in profit on planned price cuts, investments

2018-11-01 12:21:00| Telecompaper Headlines

(Telecompaper) Japanese operator NTT Docomo has forecast a drop in profit in the coming years as it moves to lower mobile plan prices following government pressure. Announcing a new medium-term strategy alongside its fiscal H1 results, the company said price cuts of 20-40 percent are planned from fiscal Q1 2019 as part of a simplification of its plans and handset costs, while it also invests in improving customer service and launching 5G later in 2019.

Tags: price drop profit planned


CARB approves $483M funding plan for clean transportation investments; 94% of funding from cap-and-trade

2018-10-26 10:57:08| Green Car Congress

Tags: from plan clean transportation


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