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Search Results for: Mongolia

10 results out of 104 results found for 'Mongolia'.

MONGOLIA TARGETS CASHMERE SUSTAINABILITY



Mongolia wants to increase the sustainability of its cashmere industry through more vertical integration – processing cashmere into premium finished garments locally. And it also wants to reduce the national herd to sustainable levels from a current high of 30 million.…

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LONDON FASHION HOUSE PUSHES SALES OF BABY CAMEL HAIR YARN FROM MONGOLIA



FIBRE from Mongolian Bactrian camels in the Khangai region have become the focus of international marketing, with a key UK-based trader claiming the wool from their “coats are softer” than those of other camels in Mongolia, offering “unique natural properties”. London-based design house and luxury brand Tengri stressed that these fibres are harvested by their herders through hand combing in spring and offers the natural luxurious yarn and fibre sector a sustainable alternative to cashmere.…

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CHINA FIVE YEAR PLAN ENVISAGES EXTRA PUSH TO MOVE TEXTILE PRODUCTION INTO WESTERN REGIONS



The world’s textile sector is focusing on China’s National People’s Congress, which congregated in Beijing’s Great Hall of the People last Friday (March 5) to start a ‘Two Sessions’ event to review and ratify the draft outline of the 14th Five-Year Plan (2021-2025).…

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CORRUPTION REMAINS A MAJOR PROBLEM IN ASIA, SURVEY FINDS



A new Transparency International (TI) survey has reported significant concern in 17 Asian countries (1) that corruption continues to be a problem or is getting worse, undermining equitable access to public services and trust in government. TI’s ‘Global Corruption Barometer – Asia’ (2) found 74% of the 20,000 people surveyed believe that government corruption is a major problem in their country, with 19% of citizens surveyed admitting to paying a bribe and 22% using personal connections when accessing public services in the previous year.…

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ASIAN DAIRY SECTOR AND MARKET NAVIGATING TOUGHENING HEALTH CLAIM REGULATIONS



Growing Asian dairy markets are increasingly regulating the health claims that could be made on packs of food, a trend that is impacting international dairy exporters from Europe as much as local dairy producers.

A key example is Taiwan, that will in 2022 forbid the word ‘healthy’ on food items except foods that have received special health food permits.…

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NEW FATF PRESIDENT WANTS TO EXPAND ORGANISATION’S ENVIRONMENTAL CRIME SCOPE WHILE BEEFING UP ITS AML FINTECH ADVICE



THE NEW president of FATF, who took office on July 1, is planning to expand the global AML’s current focus on wildlife trade offences to other environmental crime, such as illegal logging, slash-and-burn cultivation and unlawful waste disposal.

Speaking to the MLB on July 2 in his first media interview after taking on this new role, Dr Marcus Pleyer, from Germany, stressed that the United Nations Environment Programme (UNEP) has said illicit proceeds from environmental crime could total USD259 billion annually worldwide.…

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FATF CONFIRMS STAY OF BLACKLISTING EXECUTION FOR ERRING AML/CFT JURISDICTIONS BECAUSE OF COVID-19



THE FINANCIAL Action Task Force (FATF) has confirmed high risk AML/CFT jurisdictions on its grey and black-lists have another two months to sort out their AML/CFT weaknesses because of COVID-19 – consideration of further blacklisting and additional measures will be postponed until that deadline.…

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INTERNATIONAL FOOD BRANDS MAY BENEFIT FROM EASIER ACCESS TO CHINESE CONSUMER MARKETS THROUGH EXPANSION OF CHINA E-COMMERCE ZONES



Representatives of international food brands and analysts have told just-food that China’s State Council’s approval of 46 new pilot zones for companies conducting cross-border e-commerce, a move designed to help the country’s economy withstand the blows landed by the Covid-19 epidemic, also present opportunities to foreign food brands selling to Chinese consumers. …

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ADVENTUROUS CHINESE CONSUMERS HAVE BEEN DRIVING GROWING DIVERSITY IN HEALTHY SNACK MARKETS



CHINESE consumers, especially in younger generations such as Millennials and Generation Z, are increasingly concerned with eating healthily- and that includes snack choices. In a trend that may increase following the Covid-19 outbreak, sales of yoghurts, nut snacks and snack bars have all seen soaring growth in sales in recent years.…

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HEALTHY SNACKS MARKET WILL ONLY GROW IN CHINA AS CONSUMERS FOCUS ON THEIR WELL-BEING



Given the recent surge in popularity in healthy snacks within China, market researchers predict that sales of yoghurt, nut snacks and snack bars will continue to grow in upcoming years. The market for chilled yoghurt sales in China is expected to jump 91% to Chinese Yuan Renminbi CNY70.7 billion (USD9.9 billion) in 2023 from CNY36.9 billion in 2018, thanks to anticipated improvements in cold chain technology across China, according to market researchers Frost & Sullivan.…

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