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PHILIPPINE TEXTILE SUPPLY CHAIN CHALLENGED BY DUTERTE’S TAX REFORM PLANS

THE PHILIPPINES’ House of Representatives (the lower house of the country’s Congress) on June 1 passed the first of four tax reform packages proposed by President Rodrigo Duterte which will have significant repercussions for Filipino textile sector supply chain. Specifically, the package aims to widen the value-added tax (VAT) base by ending current exemptions for Philippines sales of raw materials and packaging materials to non-resident buyers and export-oriented enterprises, including a substantial share of the garment manufacturers in the ...
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TAIWANESE TEXTILE INVESTMENT IN VIETNAM UNFAZED BY TPP’S FATE

There is no sign that Taiwanese textile investors will rethink their commitment to Vietnam six months after US President Donald Trump pulled America out of the Trans-Pacific Partnership (TPP) trade agreement that would have greatly boosted Vietnamese garment exports to the USA. Prior to Trump’s move, Taiwanese companies had cited the looming TPP as their major rationale in virtually all Vietnam-related textile and garment investment decisions. Under what would have become a win-win scenario, yarn and fabric factories established in Vietnam by Taiwanese ...
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RUSSIAN GOVERNMENT RELEASES MAJOR TEXTILE SECTOR INVESTMENT PLAN

THE RUSSIAN government has announced that is planning to invest an additional Russian Rubles RUB145 billion (USD2,5 billion) into rejuvenating the country’s textile manufacturing sector. In the latest initiative designed to kickstart this ailing industry, the ministry of industry and trade has release a new approved strategy (on May 25) – it is designed to run until 2020. Viktor Evtukhov, Russia’s deputy minister of industry and trade, told WTiN.com via a spokesperson that the goal of the strategy was to increase of the share of domestically-made textile ...
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PAKISTAN TEXTILE SECTOR LAUNCHES WORK STOPPAGES AND PROTESTS OVER GOVERNMENT FAILURE TO IMPLEMENT AID PACKAGE

PAKISTAN’S textile industry, including manufacturers of fabric, yarn, and garments, suspended production and organised protests nationwide on June 20, dubbing the protest ‘Black Tuesday', over the government’s slow implementation of a promised USD1.7 billion relief package for the sector. The All Pakistan Textile Mills Association (APTMA) organised the day of action, supported by the Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA), All Pakistan Bedsheets And Upholstery Manufacturers Association (APBUMA), the All Pakistan ...
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DIGITAL PRINTING WILL BE UNIVERSAL AROSS BRAZIL WITHIN 10 YEARS SAYS FINISHING BOSS

THE OWNER of a major digital printing business in Brazil has predicted that the country’s finishing sector will abandon traditional colouring techniques by 2027. Marcelo Castelão, the sole owner of La Estampa, a Rio de Janeiro-based printing company, told WTiN.com: “Within five to 10 years, the cylinders will be gone. In the last four years, the market has turned. Even at Sedatex, our partner in Spain, a 120-year-old company, income is now 70 percent digital. The advantages are many: exclusive prints are easily done, the cost price is now the same, it’s ...
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TRUMP ADMINISTRATION’S MOVE TO SHUTTER INTERNATIONAL RESEARCH INSTITUTION WOULD HAVE OUTSIZED IMPACT ON AFRICAN UNIVERSITIES

A PROPOSAL to cut funding for the Fogarty International Center from the upcoming USA federal government budget by President Donald Trump’s administration has prompted an outcry from academics and educators across Africa. For decades Fogarty, part of the USA National Institutes of Health (NIH), has been instrumental in developing medical teaching and research capacity on the continent. And while its shuttering could have an outsized impact on Africa, academics say everyone – including Americans – would feel the impact of its closure. The US Congress has yet ...
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BIRLA SPONSORS SUSTAINABLE APPAREL COALITION MEETING DISCUSSING DEVELOPMENT OF GLOBAL SUSTAINABILITY INDEX

Global India-based textile conglomerate the Aditya Birla Group, a world leader in viscose staple fibre, was the ‘platinum sponsor’ of a Sustainable Apparel Coalition (SAC) meeting held in Bengaluru (Bangalore), India from May 22 - 23. This was an important conclave in the California-based SAC, as it approaches a 2020 deadline to develop its Higg Index, a suite of self-assessment tools enabling brands, retailers and manufacturers to measure their environmental, social and labour impact. The goal is enabling clothing businesses to identify ways of reducing ...
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END OF EU INQUIRY AGAINST JAGUAR LAND ROVER'S FACTORY IN SLOVAKIA STILL AWAITED

THE BURGEONING automotive manufacturing sector of central Europe’s Slovakia is paying close attention to an inquiry by the European Union (EU) executive, the European Commission, into how its government supports the sector. The upcoming decision by the Commission, which has powers to ensure national governments do not distort the EU’s single market by subsidising local industrial champions, could have significant implication for the future of Slovakia’s auto sector. The Commission’s decision will indicate just how far it is prepared to allow the Slovak ...
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HONG KONG STARTUP AIMS TO BEAT TESLA ON EV

A Taiwan-listed, Hong Kong-based electric vehicle startup - Thunder Power – today (Friday) proclaimed an ambitious goal for the future – to make the most desirable EV in China. “An obvious difference between us and Tesla is we have the key technologies before actually investing in manufacturing,” Wellen Sham, Thunder Power CEO, told wardsauto at a launch event in Shanghai. Thunder Power has filed more than 350 patent applications in the US and China, he said, and already had 70 of them granted. Among them is a lightweight modular chassis system, which ...
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QATAR GOVERNMENT HOPEFUL THAT GULF DIPLOMATIC ROW WILL NOT DAMAGE SGAS EXPORTS

THE QATAR government is hopeful that its recent diplomatic black-balling by other Gulf states over its supposedly liberal approach to Islamic activists will not damage its oil and gas production or exports. A Qatar ministry of energy and industry ministry spokesman has told the government-run Qatar News Agency: “We have no reasons to be concerned about gas supplies...This is a diplomatic row that should not result in an economic blockade.” Its optimism is backed by energy consultants, who told Petroleum Review that exports of Qatari gas via the Dolphin ...
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