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Search Results for: Dominican Republic

10 results out of 1150 results found for 'Dominican Republic'.

ASIAN PAINT REGULATORY ROUND UP - INDINESIA NEW CAPITAL PROJECT GATHERS STEAM WITH MAJOR PAINT AND COATINGS SALES POTENTIAL

As construction ramps up, paint and coatings companies are eyeing lucrative opportunities in Indonesia's new capital Nusantara, with several recent project launches promising a significant boost to the industry.   Outgoing President Joko Widodo recently inaugurated several key projects in Nusantara, including the emerging city's international airport, hospitals, schools and housing.


Several ongoing projects promise to further fuel the demand for coatings including a new presidential palace, the parliament building and smart city infrastructure. 
 
Nusantara’s focus on sustainability presents a unique opportunity for eco-friendly coatings, the government has stressed. It has mandated the use of green building materials, including paints with low volatile organic compounds and recycled content.  
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STRONG AMERICAN DOLLAR FUELS US TEXTILE AND CLOTHING IMPORTS, BUT EXPORTS REMAIN STRONG TOO



US imports of textiles and apparel continue to grow as the strong dollar makes it cheaper for American companies to purchase garments overseas, but this growth trajectory does not reflect the realities of the market, according to industry experts.

Data from the US Office of Textile and Apparel (OTEXA) (1) shows that US imports of textiles and apparel increased by 22.76% to USD114.787 billion in the first 10 months of 2022, compared to USD93.505 billion in the same period of 2021.…

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EU MINISTERS AGREE MEMBER STATES MUST DO THEIR PART IN FIGHTING FARM FRAUD



The European Union (EU) Council of Ministers has told its member states that it expects their governments to actively combat fraud in spending under the EU Common Agricultural Policy (CAP). That this is an ongoing problem was highlighted in a report for the EU’s financial watchdog the Court of Auditors issued in July (1).…

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PROGRESS ON MONEY LAUNDERING RISKS ‘PARALYSED’ SAYS BASEL INSTITUTE ON GOVERNANCE



Global progress on tackling the risks posed by money laundering and terrorist financing (ML/TF) is “paralysed” according to the latest annual index report (1) from the Basel Institute on Governance. Over the 11 years since the first report, AML risks “have changed depressingly little”, said Basel AML Index project manager Kateryna Boguslavska on October 4.…

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FATF KICKS RUSSIA OUT OF ALL ONGOING AND FUTURE PROJECTS



FATF has acted against Russia, further squeezing it from the international AML/CFT system over its invasion of Ukraine, that as of October 17 had killed 6,306 civilians (UN figures). The global AML body’s latest plenary meeting highlighted the “needless loss of life, suffering and destruction” caused by the invasion, with Russia violating “FATF’s core principles [on] the security, safety and the integrity of the financial system”.…

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NICARAGUA LIKELY TO FACE NEW ECONOMICAL SANCTIONS AMID POLITICAL AND SOCIAL INSTABILITY



The political and human rights crisis in Nicaragua is worrying the international textile industry, given the serious chance the United States suspend the privileged access to American markets that Nicaraguan clothing and textile exporters have thus far enjoyed.

Just two months before the upcoming Nicaraguan municipal elections (November 6), more than 195 human rights defenders, journalists, clergy members, and actual or perceived political opponents have been accused and detained for allegedly committing actions against national sovereignty.…

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HONDURAS STRENGTHENS POSITION AS US NEAR-SOURCING PARTNER, EVEN AS RECESSION CLOUDS LOOM



Honduras is strengthening its position as an outsourcing partner for the US clothing industry, with the central American country generating the second highest receipts from sales of textiles and finished garments under free trade agreements to the United States, just behind Mexico.…

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SERBIA DOMESTIC DAIRY SECTOR SHRINKS AMIDST DECLINING MARGINS AND INCREASING COSTSSERBIA DOMESTIC DAIRY SECTOR SHRINKS AMIDST DECLINING MARGINS AND INCREASING COSTS



In early September (2022), Serbia faced a serious domestic milk crisis, with empty or half-empty store shelves, with consumers relying significantly on imports of foreign milk from Poland and the Czech Republic. The domestic supply squeeze was not a surprise for Serbia’s dairy farmers, however.…

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CONCERN RISES IN TOBACCO SECTOR ABOUT TIGHTENING EU RULES ON HEATED TOBACCO AND VAPES



Concern about rapid increases in consumption in heated tobacco and the European Union’s (EU) stated ambition to reduce all tobacco use by 2040 so that less than 5% of the 27 member countries’ 447 million people is pushing EU policymakers towards tightening vaping and e-cigarette controls.…

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CHINESE CHEESE MARKET FUELLED BY SNACK FOOD INNOVATION



The Chinese are eating more cheese than ever.

China’s cheese market size reached Chinese Yuan Renminbi CNY/RMB6.32 billion in 2020 and is expected to grow at a CAGR of more than 8% during 2020-2025, according to a 2022 report from GlobalData, the market researcher that owns Just Food.…

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