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KEY textile manufacturing countries in southeast Asia are investing in new machinery to upgrade their textile technology, boosting backward linkages as they seek to strengthen and update local supply chains, international trade data shows. While that level of investment in imports seems to have declined in 2018, key textile manufacturing Association of Southeast Asian Nations (ASEAN) bloc countries have been importing millions of dollars of new machinery, helping them make the most of trade deals that can insist in local fabric, yarn and fibre sourcing.…

Data by the Asia Nonwoven Fabrics Association (ANFA) shows that nonwovens production in Asia increased by a robust 6.5% year-on-year in 2018, to 5.6 million tonnes. China-based manufacturers were responsible for the bulk of this output, producing 4 million tonnes. However, but India-based production increased at faster pace, at 15.9% up, year-on-year.…

THE INLAND Revenue Authority of Singapore (IRAS) has for the first time used powers of arrest, in October and November raids, holding 10 suspected members of a crime syndicate, suspected of operating a GST carousel fraud. Chains of sales and purchases have ended in goods disappearing or being exported, with dishonest participants claiming input tax for GST, which is ultimately never paid to the government.…

MALAYSIA’S Pakatan Harapan government has released its 2020 budget, its second since gaining power in 2018, and one that aims to consolidate reforms undertaken by an administration headed by veteran Prime Minister Dr Mahathir Mohamad. This was not a budget bringing major change, indeed finance minister YB Tuan Lim Guan Eng stressed when delivering his budget speech to the Malaysian parliament on October 11 how the government has been tying up earlier major reforms, such as scrapping the unpopular goods and services tax (GST).…

AN INCREASING reliance on using nanotechnology is giving Malaysian textile manufacturers a competitive edge over rival producers in south east Asia, experts claim.

According to Seow Hon Cheong, president of the Malaysian Textile Manufacturers Association, since the US–China trade war began, opportunities for exports by and investments in the Malaysian textile sector have opened.…

A sharp increase in imports of cars into Vietnam has underlined how this south-east Asian country of 96 million people, could become a major auto market, especially as Vietnamese drivers move from motorcycles to cars.

At present, the motorcycle is king in Vietnam.…

OUTSOURCING centres in Asia for the international textile sector are increasingly adopting digital technologies to improve the efficiency of their weaving, as they compete for business from clothing manufacturers and brands.

Bangladesh weavers are becoming increasingly tech-savvy to improve efficiency while driving down costs.…

THE PHILIPPINES and Thailand cigarette industries are still fighting a long trade dispute that has seen litigation rumble through the World Trade Organisation (WTO) since 2008. That year, the Philippines government lodged a series of complaints with the WTO’s disputes settlement body (DSB) that the Thai Customs Department had imposed unjust restrictions on imports of cigarettes from the Philippines.…

VIETNAM’S garment-makers have been worrying that a draft revised Labour Code will reduce their competitiveness, but four months after the draft was published there remains a strong chance it will never be enshrined in law.

The draft, which was officially submitted to the National Assembly in May 2019 for an envisioned passage in November, outlines a reduction of working hours from 48 hours per week to 44 hours which, according to the Vietnam Textile and Apparel Association, would reduce the industry’s export value by at least USD3 billion per year, as businesses would struggle to recruit workers.…

CHINA’S ministry of finance drafted regulations punishing accountants violating national accounting laws. Proposals under public consultation would include blacklisting accountants found guilty of fabricating, hiding or destroying financial reports, books and documents, or telling other accountants to undertake such malpractice. Accountants involved in embezzlement would suffer the same fate.…