Search Results for: China

THE PAINT and coatings industry in south Asia maybe thriving, but regional trade between countries is not – being restricted to exports of pigments, resins, solvents and additives from India to its neighbouring countries. Pakistan, Bangladesh, Sri Lanka, Nepal, Maldives, Bhutan and Afghanistan, as well as regional giant India, are all members of the South Asian Association for Regional Cooperation (SAARC), but they import most of their paint and coating raw materials.…

WHEN looking at the future of the mainland China beauty market, the key demographic for brands to look to are Chinese millennials. Not only are they young and so have years of shopping ahead of them, they are prepared to spend generously on high-end personal care products.…

THE PAKISTAN textile industry is worried that a potential trade free trade deal with Thailand, now under discussion, may cause more harm than good to Pakistani manufacturers. Thai and Pakistan government negotiators are preparing for what maybe the final round of talks to forge a free trade agreement (FTA) between these two textile producing countries, with a deal potentially being signed in January.…

THE RUSSIAN government plans to significantly increase Russian exports of textile and technical textile products to foreign markets over the next few years, officials have told WTiN.com.

Planned export volumes have not yet been disclosed, however, according to some sources close to the ministry of industry and trade, the government is targeting an increase of 100,000-150,000 tonnes in 2017-2018, with the possibility of a three to four-fold increase over the next few years.…

THE PRODUCTION of Thai silk is rising fast as demand for this luxury fabric increases worldwide. Thailand is the fourth largest producer of silk in the world, having produced 202,073 tonnes in 2015, as reported by the International Sericultural Commission. Thai silk output has increased from 2011’s 130, 286 tonnes; rising to 2012’s 152,910 tonnes; 159,737 tonnes in 2013; and 178,058 tonnes in 2014.…

TEXTILE mill owners in Pakistan have expressed doubts over their government’s apparent enthusiasm to develop joint ventures (JVs) with their Chinese counterparts to boost dwindling export levels.

Pakistan’s textile minister, Pervaiz Malik, said at the 18th Textile Asia International Exhibition in Lahore recently that his government wants JVs with the Chinese textile sector and for his country to become a textile business hub for the Middle East, central and south Asia.…

COMMERCIAL motivation coupled with a desire to make a difference in people’s lives is driving a new wave of social entrepreneurs in Singapore.

While social enterprise start-ups in Asia have traditionally been non-profit non-government organisations (NGOs), the new trend is for tech-savvy millennials to launch innovative and profitable, but also socially-inclusive projects.…

‘Colourful’,’ young’, ‘big’ and ‘clever’ are words often bandied about to describe the positive qualities of Brazil, and they certainly could be used to define La Estampa, a Brazilian textile company specialising in digital print B2B.

With a global print capacity of 25,000 metres per day, La Estampa is able to punch its weight in global digital textile markets.…

SINGAPORE has released details of how it plans to insist that sellers of mobile phones, memory cards and off-the-shelf software pay VAT on the sale rather than purchase of such goods, to prevent tax fraud. The Inland Revenue Authority of Singapore (IRAS) says that this reverse charge system is designed to prevent black-marketers avoiding VAT payments, while customers lower down the supply chain continue to claim input tax.…

VIETNAM’S textile and clothing and textile sector is looking to sell more product into Asian markets such as South Korea, Taiwan, Singapore and Japan, while solidifying its traditional export bases like the US and EU, the latest trade data indicates. 

Last year, Vietnam exported USD2.28 billion’s worth of clothing and textiles to South Korea – a 7.45% gain compared with 2015, according to Vietnam customs data analysed by the Vietnam Textile and Apparel Association (VITAS). …