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Search Results for: Haiti

10 results out of 69 results found for 'Haiti'.

PROTESTS EXPECTED OVER NEW MINIMUM WAGE LEVELS FOR HAITIAN GARMENT WORKERS



MORE than 52,000 Haitian garment sector workers are likely to be demonstrating on the streets of the island’s capital city, Port-au-Prince, next week after trades unions representatives rejected the increase in the minimum wage proposed by the government.

The Haitian government published a decree on the minimum wage increase for various industry sectors on October 1st, in its official newspaper, Le Moniteur, Presses Nationales d’Haiti.…

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ASIAN-OWNED GARMENT FACTORIES HELP GROW HAITI’S CLOTHING SECTOR



BY this time next year, there could be as many as 30 garment manufacturing factories that are owned and operated by Asia-based companies in Haiti, according to Georges Sassine, president of the Association des Industries d’Haïti (ADIH).

The Caribbean country has seen an influx of Asian-owned businesses since early 2017 and Sassine said there are presently almost 20 such garment factories in Haiti.…

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DOMINICAN REPUBLIC LEADERS HOPE CLOTHING EXPORTS CAN GROW, DESPITE END OF USA ALLOWANCE



THE IMPENDING December 1 expiration of the Dominican Republic Earned Import Allowance Program (DR 2-for-1 or EIAP) has been met with equanimity by the Caribbean country and its manufacturers who hope the trading relationships created by the system can expand.

With the CAFTA-DR (Central America-Dominican Republic-United States Free Trade Agreement) continuing, the Dominican deputy minister of foreign trade Yahaira Sosa said in a recent speech: “Although not everything has gone as planned, regarding… exports and attraction of foreign direct investment (FDI), there are points that deserve to be highlighted.”…

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HAITI GARMENT MANUFACTURERS SAY THEY CAN DELIVER EXPANSION, IF THEIR GOVERNMENT DELIVERS STABILITY



GARMENT manufacturing industry insiders in Haiti are optimistic that their sector can continue expanding in size, as long as the Caribbean country’s government delivers economic and social stability. This is not a given in Haiti, which has suffered from serious political instability since the dictatorial regime of former President Jean-Claude Duvalier (called ‘Baby Doc) was overthrown in 1986.…

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KNITWEAR PRODUCTION GROWS IN THE CARIBBEAN – BUT STARTING FROM A LOW BASE



KNITWEAR is a key part of the growth in clothing manufacturing that is becoming an important part of the economies of several Caribbean countries, providing thousands of jobs and producing apparel worn not only in the region but in the USA, Canada, Europe and elsewhere.…

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INTERNATIONAL REGULATORY ROUND UP – TRADE WARS THREATEN CONFECTIONERY AND SWEET BAKERY SECTOR



THE INTERNATIONAL Cocoa Organisation (ICCO) has released an ambitious policy plan designed to steer the industry towards sustainability. Called the Berlin Declaration, having been released at the fourth World Cocoa Conference, of governments, farmers, traders, grinders, processors, manufacturers, researchers, trade unions, civil society organisations, trade unions, consumer organisations, it says higher farm gate prices should be paid.…

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INTERNATIONAL TECHNICAL ROUND UP – AUSTRALIA DIRECTOR NUMBERS



AUSTRALIA INTRODUCES DIRECTOR IDENTIFICATION NUMBER SYSTEM

 

THE AUSTRALIAN government has announced it is introducing a Director Identification Number (DIN) system for businesses, with each company director in Australia being given a unique identifier. These will enable the Australian Taxation Office, the Australian Securities and Investments Commission and other regulators to check director activities and spot wrongdoing, claimed the minister for revenue and financial services, Kelly O’Dwyer.…

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EU REGULATORY ROUND UP – EU PLOTS VIRTUAL CURRENCY FRAUD CONTROLS



THE EUROPEAN Commission has proposed a new revamped European Union (EU) directive on combating fraud and counterfeiting of non-cash means of payment, with a key aim of criminalising scams associated with virtual currencies.

This legislation, which updates now obsolete 2001 rules, would insist EU member states treat as crimes possessing, selling, procuring, importing and distributing a stolen or unlawfully appropriated counterfeited or falsified non-cash payment instruments.…

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SWISS AML TZAR DENIES CREDIT SUISSE CASE SHOWS CRACKS



The official leading Switzerland’s efforts to combat money laundering in the country’s banking system has denied that a scandal unveiled last week involving Credit Suisse shows weaknesses in efforts to stop ill gotten gains being hidden in Swiss banks. Credit Suisse has acknowledged that tax authorities in France, the Netherlands and the UK are investigating the bank for tax evasion and money laundering.…

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OECD SAYS GREEN REGULATIONS CAN OFFER ADVANTAGES TO TEXTILE MANUFACTURERS



A report released yesterday (Mar 10) by the Organisation for Economic Co-operation & Development (OECD) has advised textile manufacturers to support government efforts to tighten environmental rules, saying they are unlikely to cause a loss of business.

The report is an attempt to dispel the widely-held view that tighter environmental rules increase costs and damages business – especially in emerging market manufacturing hubs.…

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