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With fast fashion demands growing and China’s costs rising, sourcing closer to home is certainly becoming a more commonly considered option for brands, speeding up clothing and textile supply chains, being particularly beneficial for smaller producers, according to experts. Companies sourcing locally can have faster turnaround times, potentially better relationships with suppliers, and greater quality control.…

AT a time when the world is regularly sickened by the web-cast beheadings and civilian bombings by Islamic State (IS), it is perhaps hard to recall when Lebanon Shia militant Hizbullah group was regarded as maybe the world’s most notorious international terror group.…

India plans to infuse USD440 million every year into its nuclear power sector to finance an ongoing programme of new projects, according to Arun Jaitley, the country’s finance minister.

“[The] government is drawing up a comprehensive plan, spanning next 15 to 20 years, to augment the investment in nuclear power generation,” Jaitley told the Indian parliament on February 29.…

Uranium suppliers are increasing their focus on India’s rapid nuclear power development programme and plans to build a nuclear fuel stockpile. The Indian government has set an expansion target of generating 14,600 megawatts (MW) a year from nuclear power plants in India by 2024.…

Counterfeit knitwear and garments are flooding the country’s markets, according to accountants Grant Thornton and the Federation of Indian Chambers of Commerce and Industry (FICCI), and clothing industry concern is growing about the role of north Indian knitwear hub of Ludhiana.…

China food manufacturing major the Want Want Group, has invested Chinese Yuan Renminbi CNY700 million (USD107 million) in a factory that will be the company’s biggest.

Spokesperson Zhu Jiwen said this new “model plant” is also “the group’s biggest investment in the mainland.”…

Chinese tourism is changing the locations where cosmetics are sold internationally – and also changing how corporations are marketing to a savvier and better travelled breed of Chinese consumers, according to a detailed research report by a Hong Kong investment bank.…

Australian and New Zealand confectionery and ice cream manufacturers have been broadly supportive of the Trans-Pacific Partnership (TPP) agreement that was finalised towards the end of 2015, recognising the potential for securing export sales in lucrative Asian markets. That said, there is some caution, given the TPP delivers more potential for America’s juggernaut of a confectionery sector to roll into local stores.…

If there is one region in the world that could benefit from a rationalisation of corporate governance structure, it is surely Asia, with its shifting sands of complex company ownership structures. Globalisation has only increased the size of subsidiary/parent relationship webs.…

THE EUROPEAN Commission is incorporating the latest guidance from the European auto industry into its plan for rolling-out connected cars across the European Union (EU), drawing on advice from manufacturers favouring swift, coordinated deployment. A key, stressed a report published in January by the Commission, the EU’s executive, is for the installation of ‘cooperative intelligent transport systems’ (C-ITS) allowing vehicles to communicate with other vehicles, other road users, traffic signals and roadside infrastructure.…