Search Results for: Korean

DIGITAL production technologies could help African manufacturers pick up business lost by Chinese rivals because of the trade war in the USA, with brands looking to take advantage of the free trade agreements that many African countries have with the USA and Europe.…

MPs in Canada have returned to their House of Commons after the traditional summer break, when they are expected to vote on a draft law, the Cruelty-Free Cosmetics Act, that would ban the testing of cosmetics and their ingredients on annals in Canada and block the sale of personal care products that have been assessed using such techniques.…

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.…

As he took in the fourth Africa Sourcing and Fashion Week (ASFW) in the Ethiopian capital of Addis Ababa last week, Kenneth K Han, managing director of Shints ETP Garment Plc, said he is optimistic over the country’s potential in the textile and apparel sector, despite many challenges.…

THE GOVERNOR of New York has announced a USD13 billion plan to upgrade John F. Kennedy International Airport, building two international terminal complexes on the airport’s north and south sides, and associated land transport links. The investment will draw on USD12 billion in private funding, said Gov Andrew Cuomo.…

WHILE crypto-currencies such as Bitcoin, Ethereum, Monero and the others have built their reputation and success of the reliability of their blockchain-based transaction records, it does not mean that these financial systems are immune to fraud. Indeed, fraudsters have found ample opportunities to exploit and subvert the eco-system that surrounds cryptocurrencies.…

UNTIL the past two years, scalp care products have been regarded as an elite product in China, with sales generally restricted to expensive lines sold at high-end hair salons. But recently, this specialist hair care products have been increasingly available on the mass market and are proving especially popular with young women commanding higher incomes, according to the London-based research firm Mintel.…

SOUTH Korea’s textile exports to Vietnam and the south-east Asian country’s garment exports to South Korea are forecast to register continued robust growth on the back of a range of free-trade agreements linking the two countries.

Data compiled by the department of fashion and apparel studies at the University of Delaware in the USA, stressed how South Korea has for a long time been a leading supplier of textiles for Vietnam, last year (2017) accounting for 17.8% of Vietnam’s total textile imports in value terms, whereas Vietnam is quickly becoming the second-largest garment supplier for South Korea after China, with 30.9% of all imports in 2017 in value terms, up significantly from just 1.7% in 2007.…

Cryptocurrencies have made a big splash across Asia, and governments have taken very different regulatory approaches to curb associated financial scams and money laundering.

While there is one group of countries that has banned the operation and use of cryptocurrencies entirely, including China, India and Vietnam, a second category spans countries that see cryptocurrencies as potentially boosting their own financial sectors.…

With a historic heat wave plaguing the Korean peninsula since the middle of July, killing at least 29 people and hospitalizing 2,300 others with heat-related illnesses, it is little surprising that suncare product sales have been booming in South Korea.

And while traditional sun protection products such as parasols and straw hats have sold well – July sales up 83% and 37% year-on-year respectively, according to local e-commerce website Auction, (www.auction.co.kr),…