Search Results for: Indonesia

The chairman of the Indonesia textile association (API – Asosiasi Pertekstilan Indonesia) has welcomed his government’s initiative to open bonded logistics centres, saying that they will reduce textile manufacturers’ logistics costs by as much as between 25% and 35%.

Indonesian President Joko Widodo inaugurated 11 bonded logistics centres earlier in the year as part of a series of economic reforms designed to boost trade in southeast Asia’s largest economy.…

top official at Indonesia’s industry ministry has told WTiN that his government plans to give various incentives to the country’s textile industry to encourage exports and competitiveness in the global marketplace.

The ministry’s director general of international industrial cooperation Mr Harjanto (NOTE HE HAS ONE NAME ONLY) said officials were exploring the idea of applying energy cost refunds subsidising electricity bills for manufacturers who want to export textile products.…

The Association of South East Asian Nations’ (ASEAN) “large structural differences in the education system” are challenging the 10 country group’s efforts to harmonise skills across the board, an expert from Geneva-based World Economic Forum (WEF) has warned. His comments follow the August launch of an initiative to benchmark tourism industry skills in the 10-member bloc.…

Non-wovens textile manufacturers are likely to benefit from a soaring Chinese market for their products, thanks to a fast ageing population, the government’s recently launched two-child policy, and demand created by air pollution that continues to plague the country, and international conference in Shanghai has head.…

INDIA’s domestic warp knitting sector is still small but the industry has “tremendous potential” to take global market share off China, an expert from the German textile machinery specialist, Karl Mayer Textilmaschinenfabrik GmbH told Knitting International.

In five years (2010-2015), India’s warp knitting machinery imports boomed – increasing “roughly 20 times more than the number imported in the preceding 16 years,” and are still growing, noted Ulrike Schlenker, head of corporate communication for Karl Mayer Textilmaschinenfabrik.…

Vietnam’s National Salary Council may have increased the country-wide minimum wage by the smallest proportion in a decade of such rises (7.3% for 2017), but the country’s clothing manufacturers are still warning this is a hike too far.

The Vietnam Textile & Apparel Association (VITAS) has opposed the increase.…

The demand for processed and packaged food is growing fast among India’s young, often aspirational and fast-expanding population. And this has made Nestlé India target a double digit annual growth in upcoming years. To realise this goal, the company is steadily introducing premium international products into India, such as its impending launch of Alpino chocolates this month (October 2016).…

THE ASIA-PACIFIC region has been regarded as the workshop of the world for most of the 21^st century, and this is especially true for the technical textile sector, where output has continued to grow, partly fuelled by growing regional demand.…

Indonesia’s personal care product sector is faring well at first glance, with domestic sales more than doubling in size in value terms over the past five years. Multinational companies see it as a lucrative market, while local firms also seem to hold their own.…

SINGAPORE has signed deals allowing for the automatic exchange of financial account information with two key trade partners – Britain and Australia. The agreements were struck by the Inland Revenue Authority of Singapore (IRAS) with the UK’s Her Majesty’s Revenue and Customs (HMRC) and the Australian Taxation Office (ATO).…