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.
KENYA GOVERNMENT MULLS TEXTILE PROTECTIONISM, BUT INDUSTRY LEADERS WARN THIS COULD BE A MISTAKE
Kenya’s government has proposed imposing a 25% tariff increase on imported clothing and textiles, a move designed to wean Kenyans off luxury imported clothes, supporting a domestic clothing and textile industry that has been harmed deeply by foreign-made garment sales.
Confirming the intention to introduce the new tax measures, investments, trade and industry cabinet secretary (minister) Moses Kuria said the new taxes would help Kenya’s textile and clothing industry: “The country has a rich textile sector that should be expanded,” said Kuria on August 14, while addressing Kenyan textile investors.…
PERU’S ALPACA AND COTTON EXPORTS: SEIZING OPPORTUNITIES AMIDST EU’S NEW TEXTILE STRATEGY
In the wake of the European Union’s (EU) impending sustainability-focused textile regulations and guidelines (1), Peru stands uniquely poised to amplify its exports of alpaca, camelid fibers, and cotton. This South American nation’s key to unlocking European markets lies in aligning its sustainability initiatives with the EU’s visions.…
INDONESIAN GOVERNMENT LOOKS TO BOOST CLOTHING AND TEXTIE SECTOR UNDERMINED BY WEAK GLOBAL ECONOMY
The Indonesian government is looking to actively support the country’s textile and clothing industry as it faces a downturn in exports, depressed by soft economies in overseas markets facing high inflation and interest rates.
Trade has indeed fallen, said the Indonesia industry ministry, which told Just Style of a decline in both exports and imports in the first half of this year (2023), with clothing and textile exports dropping by 18.7% and imports by 19.8%.…
BRITISH GOVERNMENT STILL FAILING TO FIGHT BURGEONING WAVE OF FRAUD ON PUBLIC SPENDING – MPS REPORT
The UK House of Commons Public Accounts Committee (PAC) has accused the British government of failing to control massive fraud impacting public spending, damaging Britain’s reputation for honesty and probity.
Its report, released September 8 (1) (2), assessed fraud against the UK government having risen from GBP5.5 billion (USD6.8 billion) in the two years before Covid-19 (2018/19) to GBP21 billion (USD26.2 billion) in the two years since the pandemic erupted (2020/21).…
USA WHISTLEBLOWER WINNING USD69 MILLION SAYS FORMER EMPLOYER IGNORED RISK OF OVER-CHARGING GOVERNMENT
An American whistleblower has said she warned her former employer Booz Allen Hamilton Holding Corporation of its wrongdoing before suing it on behalf of the US government, then receiving a USD69,828,832 reward for exposing procurement fraud. Sarah Feinberg this week told US newspapers, such as the Washington Post, how she used the US Civil War-era ‘qui tam’ provisions of the False Claims Act (FCA) to make the claim and receive a 15% to 30% share of any payout.…
SUBTLE UNDERSTANDING OF RED FLAGS CAN GUIDE FRAUD INVESTIGATORS TOWARDS FINANCIAL CRIME
Fraud investigators are often meticulous and driven, building a case for their employers that may end up in court – but what red flags might spark an initial inquiry?
Written advice is widely available – from the Association of Certified Fraud Examiners (ACFE) and government agencies responsible for white collar crime.…
ARGENTINA DIGITAL PRINTING INVESTMENTS ON HOLD THROUGH ECONOMIC AND POLITICAL INSTABILITY
Digital textile printing could grow in Argentina, but successive international and national crises are hindering the trust needed for the industry to invest in this critical technology, especially as the country heads to October presidential elections that may lead to major economic changes.…
TÜRKIYE’S DIGITAL PRINTING SECTOR STRUGGLES AHEAD
Türkiye’s digital textile printing sector had started to rebound post-Covid-19, but since 2022, orders have slowed due to weakening economies in the country’s key European markets, while production costs have been impacted by surging inflation and currency devaluation. While this has hampered order books, reducing demand for all kinds of finishing, print houses have been adapting by seeking medium to high-end orders for smaller print runs, which favour digital printing’s flexibility – promoting investment.…
INNOVATIVE ESTONIAN DAIRY INDUSTRY FORGES DIVERSE PRODUCT RANGE, SOLD WORLDWIDE
The dairy industry if Baltic State Estonia may be small, but it has seen continuous growth, with 2022 marking the 22nd consecutive year of increased milk production in a country blessed with abundant natural grassland.
“Estonia is among the best in Europe in terms of cow milk production,” Aire Pentjärv, head of the dairy animals performance testing department, of Estonian Livestock Performance Recording Ltd (EPJ – Eesti Põllumajandusloomade Jõudluskontrolli AS), told Dairy Industries International.…
EU PROPOSES TIGHTER MANDATORY 30 DAYS PAYMENTS TERMS FOR BUSINESSES
Businesses and public authorities across the European Union (EU) are facing tougher laws on late payments, with the European Commission proposing a new regulation that would insist on maximum 30-day terms. Under the legislation, if approved by the European Parliament and the EU Council of Ministers, later payments would automatically accrue interest payable to the creditor, at 8% above European Central Bank (ECB) base rates.…