Search Results for: Germany

Deutsche Leasing Vostok, a member of German company Deutsche Leasing Group, has encouraged Russian textile manufacturers attending Russian Textile Week events, staged February 20-24 in Moscow, to lease rather than buy manufacturing equipment.

Deutsche Leasing Vostok representative Yulia Grukhanova told WTiN.com…

MALAYSIA’S mature textile industry is keen to re-define its position – moving away from making low-end products to higher value-added goods. Creating a niche export market for highly-priced technical textiles is a priority, a government official has told WTiN.com.

“Our textile industry is competitive and there is no need to compete with Asian countries on low value-added products,” a spokesman for Malaysia’s ministry of international trade and investment (MITI) told WTiN.com.…

As the drive to encourage electric vehicle (EV) ownership gathers momentum, so does the desire to install automated recharging systems, such as devices built into roads that top up batteries as autos motor on.

The technology is known as ‘dynamic inductive charging’ and has been trialled in a range of scenarios across different continents.…

THE AUTOMOTIVE industries of the European Union (EU) and Canada are both optimistic that they will export more vehicles as a result of the newly approved Comprehensive Economic and Trade Agreement (CETA) between the two jurisdictions. The European Parliament gave CETA its support last Wednesday (February 15), meaning it will come into force provisionally once the Canadian House of Commons does the same (considered a formality).…

South Korea’s Deputy Prime Minister Yoo Il-ho has confirmed that his government has begun drafting a talent-based immigration system to serve as a key driver of economic competitiveness in the future. According to Yoo, the Office for Government Policy Coordination (OPC) has created a task force to counter the country’s demographic changes and plans to produce mid and long-term immigration policies in the first half of the year.…

Anti-corruption campaign group Transparency International (TI) has called on major financial centres to be more open about their anti-money laundering (AML) efforts, claiming survey data indicates governments are being overly secretive. In a report based on studies of 12 developed jurisdictions called ‘Top Secret: Countries Keep Financial Crime Fighting Data to Themselves’, TI has said that only 36% of basic anti-money laundering indicators drawn from internationally accepted guidelines is available to the public and regularly updated.…

THE EUROPEAN and Canadian minerals industries have broadly welcomed the approval by the European Parliament of the Comprehensive Economic and Trade Agreement between the European Union (EU) and Canada (CETA), saying it would increase exports in an already flourishing trade.…

One month after staunch free-trade opponent Donald Trump became US President there are many policy decisions still to be confirmed and clarified to get a full idea of the impact his presidency will have on the trade in technical textiles. His accession comes during an unstable time for international trade – it is arguably even less clear how the UK’s planned exit from the EU will work out for the sector.…

THE EUROPEAN Commission has approved EUR35 million’s worth of regional investment aid to modernise Germany’s Saarbrücken Airport, whilst covering some operational expenses until 2019. Using its competition authority powers, Commission said the subsidies did not break European Union (EU) state aid rules because the investment would boost the local economy and Saarlanders’ mobility without unduly distorting competition.…

THE CONTINUED success of Europe’ major technical textile fair, Techtextil, Frankfurt, (the next event runs from May 9 to 12) illustrates how the continent’s technical textile sector is thriving on its innovation.

“We don’t know what the future brings. We only know where it will be exhibited.…