Search Results for: Brazilian

CONFECTIONARY manufacturers in India are having to grapple with their products and ingredients attracting a wide range of tax rates under the country’s new goods and services tax (GST), which started to be levied from July 1.

India’s GST Council, a body representing the central and state governments, has been deciding which goods will be covered by the zero, 5%, 12%, 18% and 28% tax rates allowed under India’s GST legislation. …

THE LEAGUE of Arab States’ 22 countries have imported more Brazilian textiles and clothing between January and July of 2017 than during the whole of 2016, according to the latest industry figures from the Brazilian-Arabic Chamber of Commerce (CCAB – Câmara de Comércio Árabe-Brasileira).…

TEXTILE finishers in Brazil should take heed of local consumers’ demand for complex and colourful design in fabrics, traders at SAARA, Rio de Janeiro’s biggest open-air market, have told WTiN.com.

Grassroots interviews at this market in the city’s historic centre said Brazil’s mass market fabric tastes eschew simplicity – the market, originally founded by immigrants at the end of the 19^th century, is a medley of shopfronts selling everything from sports equipment and beach chairs to makeup and plastic jewellery.…

Leather exporters in the north Indian production hub of Kanpur (in Uttar Pradesh) are facing closure of their tanneries over environmental concerns, even as they are trying to overcome the shortage of raw hides and loss of business to Brazilian companies.…

THE RUSSIAN Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) may impose a ban on all imports of beef and pork from Brazil, the largest meat importer to Russia, in coming days over concerns about the detection of a forbidden hormone, government officials have warned.…

BRAZIL maintains high tariffs on its textiles and clothing imports to encourage foreign investment, according to a new World Trade Organisation (WTO) trade review, but data inside a detailed report suggests this policy is proving ineffective.

“Clothing, textiles, and transport equipment continue to benefit from the activity’s highest tariff protection (35%), the main tool in an apparent tariff-jumping policy to attract FDI” (foreign direct investment), said the WTO.…

THE OWNER of a major digital printing business in Brazil has predicted that the country’s finishing sector will abandon traditional colouring techniques by 2027. Marcelo Castelão, the sole owner of La Estampa, a Rio de Janeiro-based printing company, told WTiN.com: “Within five to 10 years, the cylinders will be gone.…

CJ CHEILJEDANG Corp, South Korea’s leading maker of processed foods, in a Korea Exchange (KRX) filing on June 12^th announced KRW541 billion (USD479.3 million) investment into the construction of a processed food production facility in Jincheon County in central South Korea.…

Brazilian prosecutors have fined the parent company of Brazil meatpacking giant JBS, J&F Investimentos, a record Brazilian Reals BRL10.3 billion (USD3.2 billion) for bribing 1,900 local politicians. Payments, which will start in December, will be spread over 25 years under a May 30 leniency agreement between J&F Investimentos and Brazil’s Federal Prosecution Service (MPF). …

BRAZIL’S beauty and personal care market took a hit in 2016, as the world’s fourth-biggest beauty market struggled to emerge from its worst-ever recession amid political corruption scandals. 

The outlook is for a slow recovery this year, as high unemployment keeps a lid on purchasing power in this market of 207 million people.…