Search Results for: China

NEW Free Trade Agreements (FTAs) signal a promising outlook for the Vietnamese textile industry with tariff concessions providing the biggest stimulus to figures, according to the country’s trade officials.

Attendees at the 17^th Vietnam International Textile & Garment Industry Exhibition, held late last month (November 22-25th) in Ho Chi Minh City, heard the deals will impact significantly on the national textile sector.…

THE HUMAN resources sector has been urged to put pressure on governments and investment fund managers in Asia to strengthen pension provisions as they deal with the consequences of rapidly aging populations.

And HR and economics experts have warned that corporate HR teams have a critical role to play in educating the workforce about the extent, however limited, of their pension provision and working with company bosses to strengthen policies within their organisations to compensate for the lack of robust schemes in existence.…

WITH east and southeast Asia’s labour market tightening, companies and governments are developing innovative schemes to entice a key resource into their workforces – returning professionals, who have taken a break from their careers.

Morgan Stanley through its Return to Work 2018 programme aims to lure such “experienced” workers to restart their lives as employees at this global financial firm through a 12-week paid internship in the company’s Hong Kong offices.…

MANY thousands of fossil fuel sector employees around the world are being offered free training programmes to work in the renewable energy sector, as this segment grows, and its carbon-heavy counterparts are phased out.

Coal miners and workers from the oil and gas industry, both of which have seen recent downturns and face an uncertain future due to climate change concerns and market pressures, are increasingly open to such re-skilling, some provided by companies in the renewables industry keen to sign up talented workers who understand energy, as green power expands.…

It has been weeks since quotas limiting European Union (EU) sugar production were scrapped on September 30, and while its impact has yet to become clear, experts agree that EU output will rise, at least in the short term. The EU executive, the European Commission is predicting that EU sugar production will increase 20% in the coming year.…

HONG Kong regulators have laid down binding rules on financial institutions insisting that they practice effective cybersecurity management. The special administrative region’s (SAR) Securities and Futures Commission (SFC) has issued ‘Guidelines for Reducing and Mitigating Hacking Risks Associated with Internet Trading’ requiring all licensed or registered internet traders to implement 20 steps to reduce cyber-attack vulnerabilities.…

OPERATIONS are now under way at three airports in China expected to carry significant levels of tourist traffic. Songyuan Chaganhu Airport is one, in Jilin province, in China’s far-northeast, in a declining industrial region. It is 27km from Chagan Lake Nature Reserve, which tourists visit to watch ice fishermen on China’s largest freshwater lakes – the airport can handle 400,000 passengers-a-year.…

CONSTRUCTION has begun on a fast railway linking the planned Beijing Daxing airport to the south of China’s capital city. The 41.36 km line will carry trains at up to 160 km/h and have three stations – the city station, Caoqiao, by the city’s third ring road, will have flight check in facilities.…

CHINA’S Hainan Airlines has flown a plane from Beijing to Chicago fuelled by a kerosene blend including 15% waste cooking oil collected from restaurants. The Boeing 787 Dreamliner arrived at Chicago O’Hare International Airport after flying 11,297 kilometres. The fuel was manufactured by Ningbo, Zhejiang province, east China-based Zhenhai Refining and Chemical Co, a subsidiary of China Petroleum and Chemical Corp (Sinopec).…

Africa governments are waking up to the fact that the continent could be a ‘new frontier’ for clothing manufacturing sourcing, export associations and manufacturers at Destination Africa, a trade event in Cairo, Egypt, have told just-style.

They stressed that Africa has significant opportunities to divert manufacturing from Asia due to rising production costs, especially in China, and take advantage of the proximity to European markets.…