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Search Results for: World Trade Organisation

10 results out of 11052 results found for 'World Trade Organisation'.

MALAYSIAN CLOTHING SECTOR BENEFITING FROM RISING FDI

FOREIGN direct investments (FDI) into Malaysia’s promising garment and textile sector are set to rise further this year on the back of strong performance in 2017, an official from the Malaysian Investment Development Authority (MIDA) has told just-style.

“Within the six months from January to June 2018, the total investments in the sector reached [Malaysian Ringgit] MYR244.8 million (USD58.73 million) of which FDI accounted for MYR112million (USD26.87 million),” a spokesperson from MIDA said.…

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PHILIPPINES’ GARMENT EXPORT SECTOR AWAKENING FROM DECADE-LONG SLEEP

The Philippines’ latest national trade data, published on October 10, has suggested that a recent slump may be over for this southeast Asian country’s troubled garment export sector. It was considered a sunrise industry during the 1990s but has since fallen far behind its Chinese, Vietnamese and Cambodian counterparts.…

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JAPAN’S DESCENTE CONTINUES TO INNOVATE TO GRAB MARKET SHARE IN COMPETITIVE GLOBAL KNITWEAR MARKET

Already a world-leader in terms of knitted products for the sports clothing and outdoors-wear sectors, Japan’s Descente Ltd this July opened a state-of-the-art research and development centre that the company anticipates will help it create “the world’s fastest high-performance wear”.

According to the Osaka-based company, the new initiative is built on the concept of being “fast”.…

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UNIONS DEMAND MORE AS BANGLADESH SETS NEW MINIMUM WAGE FOR KNIT WORKERS

BANGLADESH’S unions have yet to be satisfied by an increase in the country’s minimum wage, which was published in a government gazette on October 8, hiking minimum wages for entry-level knitwear workers by 51% to USD95-a-month from December, up from the USD63 set in 2013.…

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CHINA’S TRADE WAR WITH AMERICA COULD ACCELERATE CLOTHING AND TEXTILE MANUFACTURING GROWTH IN AFRICA

AFRICAN garment and textile manufacturers have a long way to go to increase capacity, develop the supply chain and diversify overall production away from North Africa, an industry conference staged in Cairo has been told. But while north Africa accounts for more than USD10 billion out the continent’s USD13.54 billion in clothing and textile exports (during 2016, according to international trade data), the much discussed potential of Africa as the world’s next sourcing hub is starting to materialise.…

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USA MID-TERM ELECTION POWER SHIFT NOT EXPECTED TO END US-CHINA TRADE WAR – EXPERTS TELL FASHION SECTOR

The coming change of control of the United States House of Representative from the ruling Republicans to the opposition Democrats will probably do little to stop the escalating tariff disputes between the USA and China, the American fashion industry has been warned.…

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RETALIATORY DUTIES ON USA DRINKS EXPORTS CHALLENGED AT WTO

THE WORLD Trade Organisation (WTO) Disputes Settlement Body (DSB) has approved establishing disputes settlement panels ruling on whether retaliatory duties imposed by the European Union (EU), Canada, China, and Mexico on US drinks exports, imposed in response to America’s controversial steel and aluminium tariffs, break WTO rules.…

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USA CALLS FOR CREATION OF GLOBAL PNR STANDARD BY THE END OF 2019

THE USA’S coordinator for counterterrorism, Ambassador Nathan A Sales has called at an International Civil Aviation Organisation’s (ICAO) high level conference on aviation security for the approval by the end of 2019 of an global standard on using passenger name record (PNR) systems.…

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CHINA’S TRADE WAR WITH AMERICA COULD ACCELERATE CLOTHING AND TEXTILE MANUFACTURING GROWTH IN AFRICA

AFRICAN garment and textile manufacturers have a long way to go to increase capacity, develop the supply chain and diversify overall production away from North Africa, an industry conference staged in Cairo has been told. But while north Africa accounts for more than USD10 billion out the continent’s USD13.54 billion in clothing and textile exports (during 2016, according to international trade data), the much discussed potential of Africa as the world’s next sourcing hub is starting to materialise.…

Read more

USA CALLS FOR CREATION OF GLOBAL PNR STANDARD BY THE END OF 2019

THE USA’S coordinator for counterterrorism, Ambassador Nathan A Sales has called at an International Civil Aviation Organisation’s (ICAO) high level conference on aviation security for the approval by the end of 2019 of an global standard on using passenger name record (PNR) systems.…

Read more