Search Results for: China

African clothing exporting countries are banking on rising costs in China and changing consumption patterns worldwide to attract buyers to the continent to take advantage of lower production costs.

Major hurdles abound, but manufacturers are hopeful that clothing facilities built from scratch that abide by international best practices will help the continent’s apparel sector develop.…

THE EGYPT government and leather industry is planning to boost the country’s leather exports by 80%, to USD1 billion by 2020, through modernising the sector and developing dedicated manufacturing hubs. The Egyptian leather sector took a major hit in terms of lost sales and output during the political and economic instability following the 2011 revolution, and there has been no major investment for the past 15 years to upgrade facilities and improve output.…

A LONG-TERM supplier for global big names such as Lacoste and Hugo Boss, Hong Kong-based shirt manufacturer Esquel is testing a new territory as it broadens its horizons sustainably – e-commerce clients who sell direct to consumers.

Earlier this year, it entered a partnership with NetEase, a major Chinese internet technology company but is also known for its newly established e-commerce business ‘NetEase Selection’ (NS).…

THE HOLD that ethical sourcing and sustainability has over the US fashion and apparel industries is not necessarily being cemented by customers, a major American clothing conference has heard – but by changing investor requirements.

Zeke Hart, director of sustainability services for accounting firm PwC, said at a presentation during the 29^th Annual Apparel Importers Trade and Transportation Conference, held in New York City, on November 15:

“You don’t want to rub it in the face of your consumers that they need to buy a more ethical pair of jeans.”…

With its history of currency counterfeiting, drug trafficking, proliferation of weapons of mass destruction (WMD) and the laundering of related proceeds and payments, there is surely no state worldwide that has a worse money laundering track record than that of the Democratic People’s Republic of Korea (DPRK, North Korea).…

The lure of banking bonuses, lack of dedicated resources, ineffective implementation of compliance mechanisms and whistleblower protection schemes have all been blamed for incidents of financial organisations turning a blind eye to money laundering.

But it seems that regulators are increasingly unimpressed – a fact that money laundering reporters need to heed.…

THE EUROPEAN metals industry has reacted positively to the European Parliament’s endorsement, on November 15 at a Strasbourg plenary meeting, of new European Union (EU) anti-dumping rules which are scheduled to come into force early next year.

However, sector representatives cautioned this week that while the proposals, first presented by the European Commission in November 2016, were stronger and clearer than past rules for erecting such protective duties, “the proof is in the pudding”.…

HUMAN resources experts in Asia have challenged the widely-held belief that recruiting more and more younger ‘digital natives’ who grew up in the Internet age is the best answer to technological developments completely transforming traditional work environments.

Personnel specialists in the tech-innovation-driven economies of Singapore, Hong Kong and Malaysia believe that an older more experienced workforce might actually be more beneficial to organisations mastering digital development challenges.…

INNOVATIVE schemes are required to beat workplace stress and challenge organisational culture if HR bosses are to prevent Singapore’s productivity levels being damaged by increasingly worrying wellbeing issues, experts have warned.

Singapore-based Centre for Effective Living (CEL), a company promoting the psychological wellness of organisations, said they have seen a 10%-20% rise in the number of clients from the public as well as private sector seeking their help.…

IT has now been six years since the German entrepreneur Anke Domaske has been turning waste cow milk into dresses. Her business, QMILK, is based on manufacturing textile fibre from milk protein, casein, transforming raw milk that while not suitable for human consumption, is also “100% natural and from verified suppliers.”…