Search Results for: America

AS the international glass market continues to recover from the global recession, experts predict emerging markets might be tempted to invest in plant development to manufacture their own flat glass rather than paying expensive import fees buying from one of the handful of major suppliers.…

AMERICA may have scrapped its major sanctions against emerging outsourcing centre Myanmar, and brought back the southeast Asian country’s GSP (Generalised System of Preferences) access to USA markets, but the impact on the clothing trade has so far been underwhelming.

Apparel factory owners in Myanmar say American buyers have simply not materialised in the numbers that some expected.…

THE ROBUST growth of the Mexican automotive coatings market over the past six years looks is likely to end in 2017, according to the Mexican Association of Paint and Ink Producers (ANAFAPYT).

Mexican production of automotive coatings almost doubled from 2010 to 2015, going from 57.3 million liters to 106.2 million liters, say figures from ANAFAPYT (Asociación Nacional de Fabricantes de Pinturas y Tintas).…

A CONSORTIUM of investigative journalists has claimed to have identified a model showing how a Russia-based money laundering scheme moved at least USD20.8 billion out of the country, via Moldova and Latvia. Significant portions of this money was transferred to accounts held by western banks including Britain’s HSBC and Coutts, the Bank of America and other major financial institutions, said the Organized Crime and Corruption Reporting Project (OCCRP).…

AN INCREASE in numbers of people attending this year’s annual Prospectors & Developers Association of Canada (PDAC) international convention has signalled a return of confidence to the global mineral exploration and mining industry.

After three consecutive years of steadily declining attendance, PDAC organisers were pleased to announce that more than 24,000 people from over 120 countries took part in this year’s edition, which ran from March 5-8 in downtown Toronto.…

THE EUROPEAN Union’s (EU) and Canada’s strong branded knitwear companies may benefit from additional mutual trade after the European Parliament’s approval and resulting signature of the Comprehensive Economic and Trade Agreement (CETA) between the two jurisdictions.

This long-negotiated and highly contested deal, which could apply from April as far as its key duty and quota liberalisation elements are concerned, will remove nearly 99% of tariffs on all goods traded between the EU and Canada and eliminate tax discrimination.…

Ethiopia attracted foreign investments of USD1.2 billion in the first six months of the 2016/17 fiscal year, despite this increasingly important manufacturing base being under a state of emergency due to widespread anti-government protests. The figures come from the Ethiopian Investment Commission, which says that these financial injections investments were dominated by major Chinese companies, half of which are licensed in textile and garment manufacturing.…

The US administration of President Donald Trump’s proposed 2017-18 budget, released March 16, has prompted the US airport industry to express disappointment over its funding proposals.

“While President Trump has been a vocal proponent of improving our airport infrastructure and enhancing security across the country, today’s budget proposal misses the mark when addressing these key airport challenges,” said Airports Council International – North America (ACI-NA) CEO Kevin Burke.…

IMPROVING airport management is often a matter of examining good practice overseas and for airports wanting to improve the time taken to move transfer passengers from one flight to another, their executives might learn from Helsinki Airport.

Finland’s key international airport has the fastest passenger flow in Europe for transfer passengers going on to other European destinations, with a minimum connecting time between flights of just 35 minutes, according to Finavia, the state company that operates Finland’s 21 commercial civilian airports.…

THE cosmetics sector of South Korea, evaluated at USD12 billion in sales during 2016 by market researcher Frost & Sullivan, has been enduring a tough crash course in political risk since its government agreed to host the US missile-defence system Terminal High-Altitude Area Defence (THAAD).…