Archive
International News Services archives articles supplied to clients one year or more after initial publication. These articles are protected by a password and not made available to readers without permission from clients. They are used as a background resource by agency journalists. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.
CLOTHING INDUSTRY IN MYANMAR IS GLOOMY ABOUT POST-COUP PROSPECTS
Clothing industry executives and experts within Myanmar have warned that the country’s apparel sector is already suffering because of the February 1 coup, when the military seized power and detained Aung San Suu Kyi and other elected leaders.
Despite the imposition of a one-year state of emergency, healthcare workers, civil servants and others have launched a civil disobedience movement, with demonstrations being staged nationwide.…
EURATEX PREDICTS THAT MYANMAR’S NEW BOOM IN CLOTHING EXPORTS WILL COLLAPSE BECAUSE OF COUP
The director general of the European Textile and Apparel Confederation,
Euratex, has warned that the military takeover in Myanmar could halt what has been a boom in clothing export sales to Europe, which grew 40% in 2020, year-on-year.
Dirk Vantyghem told just-style this has been achieved through a major increase in Chinese investment into the country’s clothing industry – its upstream textile segment remains small.…
BRAZIL’S HEALTHY FROZEN-FOOD MARKET SOARS DURING PANDEMIC
It takes minutes for any Brazilian on Instagram to be bombarded with ads of modern companies selling exquisite items from tofu tikka masala stew to cauliflower risotto. But these are not from restaurants heavily impacted by the Covid-19 pandemic and now use social media to survive.…
TI SAYS DEFENCE FIRMS FAILING TO COMBAT GRAFT
Nearly three quarters of the world’s largest defence companies show minimum or no commitment to tackling corruption, according to the latest report from Transparency International. It assessed 134 firms based on publicly available information, including their own websites. Only two firms – Italy’s Leonardo, and Raytheon Technologies, of the United States, scored ‘A’ for their very high commitment to anti-corruption policies in TI’s Defence Companies Index on Anti-Corruption and Corporate Transparency (DCI) (1), with 14 graded ‘B’ for a high level of commitment. …
UK UNIVERSITIES COMPLICIT IN NIGERIAN CORRUPTION, SAYS REPORT
UK colleges and universities are complicit in Nigerian corruption and money laundering, according to a report commissioned by British High Commissioner to Nigeria, Catriona Laing, from West Africa expert, Matthew Page. Published by the Carnegie Endowment for International Peace (for whom Page is a non-resident scholar), ‘West African Elites’ Spending on UK Schools and Universities: A Closer Look’ (1), points to “unexplained wealth” used to pay British university and boarding school fees way above the salary levels of prominent politically exposed persons (PEPs).…
COVID-19 HAS ENCOURAGED INDIAN FOOD COMPANIES CONSIDERING AUTOMATION TO MAKE THESE INVESTMENTS
In India, the increased demand for branded food products and workplace restrictions on industrial labour caused by Covid-19 has inspired automation among food manufacturers. This investment is expected to standardise and increase the quality of products well into the future, well beyond the end of the pandemic.…
COVID-19 PANDEMIC HAS BOLSTERED SPENDING ON ANTI-FRAUD PROFESSIONALS
The boom in online fraud through the Covid-19 pandemic, at a time when new fintech is being rolled out, has grown demand for anti-fraud professionals.
The latest assessment released by the Association of Certified Fraud Examiners (ACFE) (published in December 2020), based on responses from 1,712 anti-fraud professionals, (49% of whom were in the USA and Canada), said that 41% of organisations (public and private sector) are planning to increase their overall anti-fraud budget in 2021.…
E-COMMERCE AND DIGITALISATION BOOM IN THE GULF
E-commerce and digitalisation have needed a good push to really get going in the Gulf. And this has happened through Covid-19. The pandemic has shoved digitalisation into widespread adoption amid an otherwise difficult economic environment.
In the Gulf’s two largest economies, Saudi Arabia and the United Arab Emirates (UAE), there has been a flurry of digital activity since the pandemic hit.…
INDONESIA PAINT AND COATINGS SECTOR SET FOR STABLE GROWTH POST-COVID-19
The paint and coatings industry in Indonesia still has ample room for growth amid booming infrastructure development, although it has had to struggle with the ongoing Covid-19 pandemic, say officials and industry experts.
With the property sector being the primary growth driver Indonesian paint and coating sales, the high demand for new housing and the repainting cycle assures the steady demand for paint and coating products, said Mahendra Chahar, senior consultant at Frost & Sullivan.…
INDONESIA PAINT AND COATINGS SECTOR SET FOR STABLE GROWTH POST-COVID-19
The paint and coatings industry in Indonesia still has ample room for growth amid booming infrastructure development, although it has had to struggle with the ongoing Covid-19 pandemic, say officials and industry experts.
With the property sector being the primary growth driver Indonesian paint and coating sales, the high demand for new housing and the repainting cycle assures the steady demand for paint and coating products, said Mahendra Chahar, senior consultant at Frost & Sullivan.…