Search Results for: Pakistan

INTRODUCTION

Without doubt, the world’s clothing and textile sector is undertaking a technical upgrade that is unprecedented in decades, with new digital systems offering automation and efficient internal controls. As these are worked into the businesses of brands, manufacturers and their suppliers, a new potential emerges, and that is linking these digital systems in a way that could revolutionise efficiencies within the supply chain.…

The home textile sector is a strong growth segment for digital investments within the industry and the amount of innovation indicates this expansion has some way to go. There are good reasons why this segment is well suited to digitalisation. One is the rectangular form of most bed sheets, curtains and tablecloths – which aids fully automated cutting and sewing.…

WITH an estimated annual growth of 15% regarding Pakistan’s future digital textile printing business, according to (WHO?), the sector’s outlook is positive, notably because of increasing digitally printed textile exports.

This growth has continued in the past 18 months, despite Covid-19, with more than a million cases as of July, albeit with a low confirmed death rate of 23,500 from its 225 million population.…

Mauritius’ textile and clothing manufacturing sector is expected to witness year-on-year growth of around 18.5% this year (2021) after suffering a severe Covid-19-related contraction of 28.6% in 2020. The National Accounts Estimates released by Statistics Mauritius in June (1) predict robust growth for country’s textile and apparel industry, which accounts for almost 50% of the country’s overall manufacturing.…

President Joe Biden may think he has three main foreign policy priorities this year – China, Russia and Iran – but the truth is, as far as the Middle East is concerned, all these challenges roll into one.

That is because both China and Russia are seeking increased influence in the Middle East, and hoping for potential missteps from the USA over the Iran file to leverage their diplomatic positions.…

India’s apparel and textile exporters are under huge pressure from their western buyers to meet contracts as the country’s devastating second wave of the Covid-19 pandemic eases. As a result, manufacturers have been flying-in workers who had returned to their home while the virus ravaged India’s cities and towns, depressing production capacity.…

MALTA’S only multiple casino operator has been fined over serious AML/CFT failings, with the country’s Financial Intelligence Analysis Unit (FIAU) ordering Tumas Gaming Ltd to undertake AML control reforms.

The company must pay EUR233,156 for breaching the country’s Prevention of Money Laundering and Funding of Terrorism Regulations.…

A plan to establish an apparel park in Lahore – the capital city of Pakistan’s Punjab province, and a major clothing and textile manufacturing hub – appears to have been stalled following a dispute between the provincial government and the prospective Chinese investor Challenge Apparel Ltd.…

As the Turkish garment sector rebounds from the drop in sales last year due to the Covid-19 pandemic, the industry is looking to tap growing demand from European retailers – and consumers – for garments made closer to home, benefiting from its advantage of being the main near-shore supplier for Europe.…

CUSTOMS forces can benefit from new sensor kit, enabling them to scan containers to ensure contents are as declared on docket – but to use these techniques to fight trade-based money laundering, they need to be integrated with accurate financial intelligence.…