Search Results for: America

MUCH was expected on the anti-money laundering (AML) front from President Barack Obama’s first USA administration. But the verdict of professional AML observers is that while important gains were achieved in some areas, the overall effect was blighted by a curious failure of will to follow through. …

DECLINING demand from the USA and European Union (EU) for Bangladesh knitwear has not dampened the world’s second largest clothing exporter from aiming high. Rather, Bangladesh is planning to more than double its current knitwear exports, to USD20 billion by 2020, seeking out new markets.…

THE UNITED States government has unveiled details of proposed flexibilities it wants to introduce into the planned Trans-Pacific Partnership (TPP) trade agreement which will allow importers to buy scarce clothing, textiles and yarns from outside the bloc.

Speaking at a New York conference yesterday (Wed, Jan 9), Kim Glas, deputy assistant secretary for textiles and apparels of the US Department of Commerce stressed proposals that may appease concerns of US garment and clothing importers concerned about restrictive ‘yarn forward’ rules in the draft TPP.…

Malaysia’s textile and clothing industry is planning to focus on three key areas – higher value fashion, dyeing and finishing, and technical textiles – to sustain strong growth and continue to compete with significantly lower-cost competition elsewhere in Asia.

The country’s textile and apparel exports grew 28.4% to USD3.8 billion in 2011, according to the Malaysian Textile Manufacturers Association (MTMA), with a further significant increase expected in 2012.…

Colombia’s clothing export sector is eyeing Europe as a key market for diversifying its sales away from a reliance on the United States and neighbouring South American countries. Senior industry officials speaking at the major Latin America textile and apparel trade fair, Colombiatex, staged last week in Medellin, said they would pro-actively seek out European sales.…

AS the New Year turned, economists have focused on how China’s economic growth is steadier pace than in the last decade and the auto sector following suit. Speaking exclusively to wardsauto, Dong Yang, secretary general and executive vice chairman of the China Association of Automotive Manufacturers (CAAM), said China sales and output of autos in 2012 should maintain the previous year’s year-on-year (YoY) increase of 5%.…

BY JOHN PAGNI, IN HELSINKI

A SENIOR nanotechnology scientist has told Polymers Paint Colour Journal of new research that has increased confidence that coatings containing nanoparticles maybe safe. Dr Ulla Vogel, head of Denmark’s Nanotoxicology and Occupational Hygiene at Denmark’s National Research Centre for the Working Environment (NRCWE) was speaking after appearing at the Safety of Engineered Nanoparticles and Nanotechnologies (SENN) 2012 international congress in Helsinki.…

BY ROBERT STOKES

THE US Federal Aviation Administration (FAA) is now working its way through a series of promised follow-ups to its exhaustive audit and reclassifying of general aviation (GA) landing facilities, most of them airports of course.

Published in May, ‘The General Aviation Airports: A National Asset’ report followed an 18-month study of public-use GA airports, heliports, and seaplane bases as identified in the USA’s National Plan of Integrated Airport Systems (NPIAS).…

BY KEITH NUTHALL

AMERICA’S State Department has outlined a range of measures it is taking overseas to fight the trade in counterfeit medicines. Its undersecretary for economic growth, energy, and the environment Robert D Hormats told a Washington, DC global forum on pharmaceutical anti-counterfeiting and diversion: "Broadcasting the dangers of counterfeit and substandard medicines and is critical to safeguarding pharmaceutical supply chains in the United States and other pharmaceutical supplier and consumer countries."…

BY MJ DESCHAMPS

Sears

North American department store chain Sears suffered a catastrophic 2012, starting with a January announcement that it planned to close as many as 120 stores after recording poor holiday sales. The same month, reports emerged that lender CIT Group had halted loans to the company’s suppliers, and that Sears Canada was cutting 400 jobs across the country.…