Search Results for: Indonesia
10 results out of 811 results found for 'Indonesia'.
INDONESIAN CANDIDATES PROMISE GROWTH FOR TEXTILE INDUSTRY AS THEY VIE FOR PRESIDENCY IN APRIL POLL
CANDIDATES in next month’s presidential election in Indonesia have pledged to bolster the country’s textile industry but remain tight-lipped about specific details for improvement.
Industry association leaders have said incumbent President Joko Widodo’s infrastructure investment drive has yet to result in lower logistics costs for the sector – but still favour his plans over those of his presidential rival.…
GREEN FACTORIES GIVE BANGLADESH AN EDGE OVER RIVALS SAY EXECUTIVES
THE RANA Plaza tragedy pushed Bangladesh’s USD30-billion clothing industry into making health and safety improvements to reassure brands they would not be tarnished by similar disasters. But now, the industry is going a step further, and seeking to establish a reputation for environmental excellence.…
INDONESIA GOVERNMENT PUSHING 4.0 REFORMS ONTO RECEPTIVE CLOTHING INDUSTRY – BUT INVESTMENT FUNDS STILL NEEDED
INDONESIA is rolling out its ambitious plan to digitalise its clothing and textile industry, a key policy devised to meet the government’s goal of helping the country become among the world’s top five textile and apparel producers by 2030.
The plan was unveiled last August (2018), encouraging Indonesia’s growing apparel industry to adopt industrial revolution 4.0 technologies such as virtual reality, 3D design, automation and using the internet of things.…
INDONESIA SEEKS TO BE AMONG BIGGEST FIVE TEXTILE PRODUCERS BY 2030
INDONESIA is seeking to be among the world’s top five textile and apparel producers by 2030, partly by taking advantage of digital technology, a government official has announced.
The adoption of industrial revolution 4.0 technologies will make Indonesia’s textile industry more efficient and competitive globally, said Muhdori, director for textile, leather, footwear and multifarious industries at the industry ministry.…
SFO ENDS GSK AND ROLLS-ROYCE GRAFT PROBES
BRITAIN’S Serious Fraud Office (SFO) has closed two long-running major investigations into allegations of corruption and bribery at two of the UK’s largest companies: aero-engine maker Rolls-Royce and medicine manufacturer GlaxoSmithKline. Rolls-Royce has been subject to a deferred prosecution agreement (DPA), approved in January 2017, where it paid a GBP497.25 million (USD616 million) plus interest penalty and GBP13 million costs (USD16.1 million) over 12 counts of conspiracy to corrupt, false accounting and failure to prevent bribery in Indonesia, Thailand, India, Russia, Nigeria, China and Malaysia.…
SOUTH KOREAN COATINGS MARKET EXPANDS, WITH PRODUCERS TARGETING ECO-PRODUCTS
The coatings market of South Korea looks on track to achieve modest growth this year, with gains in architectural coating sales and a mild revival of marine coatings projected to offset a deteriorating outlook for automotive coatings. The overall South Korea paint and coatings market in 2018 has been estimated by market researchers Frost & Sullivan at USD4.5 billion in sales and 1 million tonnes in 2018, making it the fourth largest coatings market in Asia, in both value and volume terms – behind China, Japan and India.…
MINIMUM WAGE RISE PRESSURES WILL POSE CHALLENGES FOR SOUTHEAST ASIAN MANUFACTURERS IN 2019
INCREASES in minimum wage rates are likely to be of significant concern to brands sourcing from south-east Asia in 2019, with pay on an upward trajectory – although governments’ approaches vary.
For some governments in the Association of Southeast Asian Nations (ASEAN) region, raising minimum wage serves as a populist measure (for instance by Thailand’s military government, whose supporters will face an election this year), while for others, an annual review is a statutory requirement, for example, in the Philippines.…
ADDITIVES MANUFACTURERS SEEK TO GIVE ASIAN COATINGS BRANDS EDGE IN COMPETITIVE REGIONAL MARKET
WITH the Asia-Pacific coatings market and industry being one of the most dynamic worldwide, experiencing continuous robust growth, the potential for additives to give brands an edge in seizing market share is increasingly important.
Backed by buoyant construction, automotive and marine industries across the Asia Pacific, the region’s paint and coatings additives market is showing promising growth, analysts say.…
TRADITIONAL TRIBAL FABRIC-MAKING DRIVES INDONESIAN RUNWAY FASHION SALES
DRAWING inspiration from the sustainable fabric-making methods of Indonesia’s Baduy tribal community, who live in a remote region of Java, a high-profile Indonesian textile designer has commercialised is these textiles to create runway fashion for a global audience.
Woven fabric designs developed by Merdi Sihombing, called Suat Songket and Samping Aros, are “unique traditional weaving patterns that are used by the Baduy community,” Mr Sihombing told WTiN.com,…
THAILAND’S ROBUST ECONOMY REFLECTED BY GROWTH IN BURGEONING PAINT AND COATINGS SALES
AS the second largest economy within the Association of Southeast Asian Nations (ASEAN) bloc, Thailand remains a key market in the region for paint and coatings sales. Regarding sales of home paints and coatings, including lacquers and varnishes, London-based market researcher Euromonitor International says that sales have been growing strongly.…