Search Results for: Haiti
10 results out of 82 results found for 'Haiti'.
HAITI’S CLOTHING INDUSTRY HOPES FOR THE BEST AS COUNTRY COPE WITH SHOOTING OF PRESIDENT AND EARTHQUAKE
A wait and see approach is being adopted by officials in Haiti’s apparel and textile industry following the July 7 assassination of President Jovenel Moïse, which came as the country struggled to cope with the continuing impact of the Covid-19 pandemic.…
EU MEMBER STATE MALTA PLACED UNDER FATF MONITORING AS CONCERN GROWS OVER ITS AML WEAKNESSES
THE EUROPEAN Union (EU) member state of Malta – along with Haiti, the Philippines, and South Sudan – have been added to FATF’s increased monitoring watch list, with all four countries promising to work with the global AML body to improve their dirty money controls.…
HOME-GROWN CARIBBEAN BEAUTY PRODUCT MANUFACTURERS GROW INTO DOMESTIC MARKETS AND EYE EXPORT TRADES
Entrepreneurship abounds across the diverse island nations of the Caribbean where small, independently-owned beauty product businesses thrive and have been successfully vying for space alongside major international brands in pharmacies, boutiques and family-owned stores alike.
What many manufacturers lack in start-up capital, they make up for in innovation and close proximity to a wealth of organic, raw materials that are finding new favour with modern, discerning consumers at home, with an eye to developing export sales.…
PROTESTS EXPECTED OVER NEW MINIMUM WAGE LEVELS FOR HAITIAN GARMENT WORKERS
MORE than 52,000 Haitian garment sector workers are likely to be demonstrating on the streets of the island’s capital city, Port-au-Prince, next week after trades unions representatives rejected the increase in the minimum wage proposed by the government.
The Haitian government published a decree on the minimum wage increase for various industry sectors on October 1st, in its official newspaper, Le Moniteur, Presses Nationales d’Haiti.…
ASIAN-OWNED GARMENT FACTORIES HELP GROW HAITI’S CLOTHING SECTOR
BY this time next year, there could be as many as 30 garment manufacturing factories that are owned and operated by Asia-based companies in Haiti, according to Georges Sassine, president of the Association des Industries d’Haïti (ADIH).
The Caribbean country has seen an influx of Asian-owned businesses since early 2017 and Sassine said there are presently almost 20 such garment factories in Haiti.…
DOMINICAN REPUBLIC LEADERS HOPE CLOTHING EXPORTS CAN GROW, DESPITE END OF USA ALLOWANCE
THE IMPENDING December 1 expiration of the Dominican Republic Earned Import Allowance Program (DR 2-for-1 or EIAP) has been met with equanimity by the Caribbean country and its manufacturers who hope the trading relationships created by the system can expand.
With the CAFTA-DR (Central America-Dominican Republic-United States Free Trade Agreement) continuing, the Dominican deputy minister of foreign trade Yahaira Sosa said in a recent speech: “Although not everything has gone as planned, regarding… exports and attraction of foreign direct investment (FDI), there are points that deserve to be highlighted.”…
HAITI GARMENT MANUFACTURERS SAY THEY CAN DELIVER EXPANSION, IF THEIR GOVERNMENT DELIVERS STABILITY
GARMENT manufacturing industry insiders in Haiti are optimistic that their sector can continue expanding in size, as long as the Caribbean country’s government delivers economic and social stability. This is not a given in Haiti, which has suffered from serious political instability since the dictatorial regime of former President Jean-Claude Duvalier (called ‘Baby Doc) was overthrown in 1986.…
KNITWEAR PRODUCTION GROWS IN THE CARIBBEAN – BUT STARTING FROM A LOW BASE
KNITWEAR is a key part of the growth in clothing manufacturing that is becoming an important part of the economies of several Caribbean countries, providing thousands of jobs and producing apparel worn not only in the region but in the USA, Canada, Europe and elsewhere.…
INTERNATIONAL REGULATORY ROUND UP – TRADE WARS THREATEN CONFECTIONERY AND SWEET BAKERY SECTOR
THE INTERNATIONAL Cocoa Organisation (ICCO) has released an ambitious policy plan designed to steer the industry towards sustainability. Called the Berlin Declaration, having been released at the fourth World Cocoa Conference, of governments, farmers, traders, grinders, processors, manufacturers, researchers, trade unions, civil society organisations, trade unions, consumer organisations, it says higher farm gate prices should be paid.…
INTERNATIONAL TECHNICAL ROUND UP – AUSTRALIA DIRECTOR NUMBERS
AUSTRALIA INTRODUCES DIRECTOR IDENTIFICATION NUMBER SYSTEM
THE AUSTRALIAN government has announced it is introducing a Director Identification Number (DIN) system for businesses, with each company director in Australia being given a unique identifier. These will enable the Australian Taxation Office, the Australian Securities and Investments Commission and other regulators to check director activities and spot wrongdoing, claimed the minister for revenue and financial services, Kelly O’Dwyer.…