Search Results for: China

Turkey’s textile exports appear to be moving ahead, with strong growth indicated in 2018, up 10.5% overall in March (2018) year-on-year, according to data from the Turkish Exporters’ Assembly (TİM). Exports of textiles and raw materials rose 13.8% year-on-year at the end of March 2018, to USD9.03 billion.…

The official publication of the Communist Party of Vietnam, Nhân Dân, has urged Vietnamese enterprises to increase the product value of textiles and garments by improving human resource development programmes, adopting advanced technologies and brand development.

In an unsigned editorial published in early March, Nhân Dân criticised Vietnam’s textile and garment sector noting that while it has reached double-digit growth rates in recent years, with a total export turnover exceeding USD31 billion in 2017, the products’ added value has been low, accounting for only 5%-10% of total worth.…

A RENEWED free trade agreement (FTA) looks set to be signed between Pakistan and China giving a boost to the textile industry.

Officials from the two countries met in Beijing last month (Feb) for the ninth round in a series of protracted talks aimed at streamlining the original FTA which came into force in 2006.…

THE FUTURE of Indonesia’s textile and garment industry could be bright, but it companies must deal with the challenges of high energy costs and competition from regional neighbours to succeed, said Ade Sudrajat the chairman of the Indonesian Textile Association (API – Asosiasi Pertekstilan Indonesia).…

International activity to understand and potentially extract natural gas from methane hydrates has intensified since 2010 with the continuation and launch of new research and development (R&D) projects and field production tests offshore and onshore, as shown in a new overview by Carolyn D Ruppel, chief of the gas hydrates project at the United States Geological Survey (USGS).(1)…

Despite the rise in alternatives, notably prepaid cards and cryptocurrencies, such as Bitcoin, cash remains the instrument of choice for the world’s money launderers, say anti-money laundering experts.

Indeed, they say that a July 2015 report from European police agency Europol ‘Why is cash still king?’…

FACED with its anti-money laundering and combating the financing of terrorism (AML/CFT) backlisting and a big USA fine of a major Taiwan bank, this island country has introduced AML/CFT reforms. Whether it has done enough will be assessed later this year when the Asia/Pacific Group on Money Laundering (APG), of which the island is a member – as Chinese Taipei, a nod to China’s insistence that Taiwan not be treated as an independent country – undertakes a third round of APG mutual evaluations.…

SINCE the 2015 nuclear agreement between Iran and the USA, the UK, Russia, France, China, Germany and the European Union (EU), foreign financial institutions have – in theory – been allowed to do business with Iran.  But the reality – as ever with relations with Iran – is proving to be a good deal more complex.…

AUSTRALIA may have been strengthening its anti-money laundering (AML) systems, but an admission last year (2017) by the country’s biggest bank, the Commonwealth Bank of Australia (CBA), about AML failures was a clear reminder that reforms are still needed. The Commonwealth Bank admitted that it had breached Australian AML laws 53,700 times.…

THE GROWTH in global renewable energy and electric car markets is already changing the face of the industrial minerals sector and it will continue to shape demand for years to come, a senior Toronto-based industry conference has been told.

Vancouver-based Gianni Kovacevic, CEO of CopperBank Resources, told this year’s Prospectors & Developers Association of Canada (PDAC) convention that mineral resource companies needed to analyse the likely impact of climate change, and how it feeds into energy and transport infrastructure spending and related environmental regulation.…