Search Results for: Turkey
10 results out of 981 results found for 'Turkey'.
SYRIAN TOBACCO SECTOR HIT HARD BY CIVIL WAR, BUT STILL SURVIVES, WITH LEAF PRODUCTION POTENTIALLY EXPANDING
The Syrian tobacco sector has been hard hit by the civil war and associated social conflicts, now stretching into their tenth year. Tobacco leaf volumes and planted areas have dropped by around a third since the start of these troubles, factories have been destroyed, and sanctions have forced international brands from formal trading channels in Syria.…
ITALY PAINT INDUSTRY KEEPS POSITIVE AMID PANDEMIC GLOOM
ITALY’s paint industry is hopeful that the end of the country’s Covid-19 lockdown will herald a surge in business, interrupted by the pandemic. Gianni Martinetti, president of the Paints and Varnishes Group of AVISA, the adhesives and sealants, paints and varnishes and inks division of national chemicals industry association, Federchimica said: “The hope is that, after two very hard months of lockdown, we can start again with the same liveliness that was found in the first quarter of 2020.”…
SANCTIONS REGIMES TIGHTEN ON SYRIA AS BLOODY CIVIL WAR CONTINUES
As Syria enters its 10th year of civil conflict, the economy is in tatters, foreign currency is in short supply, and sanctions have not only been renewed, the USA has introduced new secondary sanctions. Illicit crime and sanctions busting abounds.
In May (2020), the USA issued further guidance on Syria, while the European Union (EU) extended its sanctions on Syria for a further year, to 1 June 2021.…
INTERNATIONAL REGULATORY ROUND UP – CAOBISCO AND CIUS SOUND WARNING OVER BREXIT TALKS DELAYS
EUROPEAN sugar users’ association CIUS has warned about slow progress within the talks between the European Union (EU) and the UK over a permanent relationship after the current transitional Brexit period expires on December 31. The CIUS wants this period extended – a step that the British government is currently refusing to take.…
EGYPT'S CLOTHING SECTOR SUFFERS DURING COVID-19 PANDEMIC, EVEN THOUGH FACTORIES HAVE REMAINED OPEN
Egypt’s garment and textile manufacturing sector has been hit hard by the Covid-19 pandemic, despite strict lockdown measures not being enacted and factories being able to stay open.
“A lot of orders were cancelled, or delayed, and many companies went into Chapter 11 (bankruptcy),” said Mohamed Kassem, chairman of the Egyptian Company for Textile Parks Development, in Cairo.…
INTERNATIONAL BRANDS WRECKED TURKEY’S MANUFACTURING SECTOR BY ABRUPT COVID-19 BUSINESS CANCELLATIONS, SAID TURKISH INDUSTRY LEADER
The president of the Turkish Clothing Manufacturers’ Association (TGSD) has complained about the treatment his members have experienced at the hand of international brands during the Covid-19 crisis. By cancelling current and future orders, extending payment terms and demanding discounts, brands have devastated the Turkish garment manufacturing sector, with 80% of factories stopping production, and leaving them with an estimated USD3 billion in inventory on hold, said the TGSD boss.…
TOP 10 MONEY LAUNDERING CASES
- 1MDB SCANDAL IN MALAYSIA SEES USD BILLIONS STOLEN AND HIDDEN
Malaysia 1MDB scandal is one of the largest money laundering cases ever, worldwide, with Malaysian courts considering charges over how at least USD4.5 billion was stolen and then spent or laundered from Malaysian sovereign wealth fund 1Malaysia Development Berhad by former Prime Minister Najib Razak and his associates.…
RIVAL WOOL EXPORT CENTRES ASSESS POTENTIAL INCREASE IN EXPORTS FOLLOWING AUSTRALIA'S DEVASTATING BUSHFIRES
INTERNATIONAL export centres for the wool industry have been considering how they will help fill gaps in supplies to the knitwear sector because of the damage caused to Australia’s wool sector by January’s devastating bush and outback fires. Extensive rain has now at last extinguished most of Australia’s bushfires, but wool growers are still assessing the damage.…
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.…
EXTENDED REALITY TECH OFFERS GREAT BENEFITS TO TEXTILE COMPANIES – BUT THEY MUST ADDRESS THE SECURITY VULNERABILITIES
INTRODUCTION – SERIES
A series of reports from WTiN is exploring the need for the textile and clothing sector to protect itself against attacks from cybercriminals as it invests in new transformative Industry 4.0 technologies – extended reality, artificial intelligence and the Internet of Things.…