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Search Results for: Indonesia

10 results out of 811 results found for 'Indonesia'.

PRESSURE ON FOR PROGRESS ON EU-INDONESIA FREE TRADE AGREEMENT



Indonesian negotiators must press harder to make progress on the European Union (EU)-Indonesia free trade agreement or textile manufacturers risk losing market share to neighbouring competitors like Vietnam, according to the Indonesian Textile Association (API – Asosiasi Pertekstilan Indonesia). Its chairman Ade Sudrajat told WTiN.com…

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MIDDLE CLASS LIFESTYLES BOOSTS INDONESIA’S MOSQUITO NET DEMAND



Indonesia’s mosquito net industry is facing high demand due to the growing number of middle class consumers in the country and their increasing desire to live a more natural lifestyle, according to Citra Maya, an Indonesian mosquito net supplier.

Arif Novianto, a marketing manager at Citra Maya, told WTiN.com…

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EU STEPS UP SUPPORT FOR EUROPEAN DAIRY SECTOR AS OPTIMISM GROWS ABOUT END TO RUSSIAN BAN



As the European Union (EU) dairy industry continues to face challenges, it is calling for EU institutions and member governments to have a greater focus on resolving Russia’s ban on EU agricultural goods, while continuing to open up new markets. In the meantime, the Russian ban has not helped an oversupply problem that is depressing prices.…

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SFO DOES NOT DENY CLAIMS IT EXTENDED ROLLS-ROYCE CORRUPTION PROBE TO NIGERIA



The UK Serious Fraud Office (SFO) has refused to deny claims that it is extending a criminal investigation into allegations of bribery and corruption at luxury car and aeronautical engine maker Rolls-Royce by examining fresh allegations of wrong-doing in Nigeria. The SFO probe was launched in December 2013 to look into possible bribery and corruption by the company’s aerospace division in China and Indonesia, and the investigation was already extended at last December to take in Rolls-Royce activities in Brazil.…

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INDONESIA’S BODY CARE SECTOR GROWS ON THE BACK GROWING POPULATION AND SURGING INCOME



INDONESIAN consumers are becoming increasingly brand-savvy as their incomes surge, driving up the country’s body care product market. As of 2015, this retail segment generated USD169.41 million in sales, and is expected to reach USD245.09 million by 2020, according to Ghina Romani, a researcher with the London-based market intelligence company Canadean.…

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INTERNATIONAL REGULATORY ROUND UP - VIETNAM-EU DEAL DETAILS RELEASED



DETAILS have been released about knitwear and yarn tariffs that will be scrapped regarding products exported and imported between Vietnam and the European Union (EU) under their new trade deal. The full text of the agreement struck last August (2015) has been released and shows how the EU is prepared to remove its tariff barriers to Vietnam knitwear exports.…

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NEW BIRLA CELLULOSE BUSINESS DIRECTOR SEEKS TO EXPAND NEW LIVA BRAND



The new business director of Birla Cellulose (part of India’s Aditya Birla Group), Dilip Gaur, has his priority set: to build on the popularity of the Liva fabric and take it to new heights.

Barely two weeks into his new position as the head of multi-billion dollar Aditya Birla Group’s cellulose business, Mr Gaur told Twist International, “My focus will be to see how I can scale it up.…

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PHILIPPINES GARMENT SECTOR’S LACK OF TEXTILE BACKWARD LINKAGES RENDERING TRADE DEAL USELESS



An anticipated boost for garment exports has failed to materialise since the Philippines was granted Generalised Scheme of Preferences Plus (GSP+) by the European Union (EU) in December 2014. Receiving GSP+ status meant that a total of 6,274 Philippines export products were given duty-free access to the EU market.…

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OECD MINISTERS AGREE TO BEEF UP ANTI-BRIBERY ENFORCEMENT



Ministers from 41 countries worldwide have pledged more robust enforcement of the Organisation for Economic Co-operation & Development’s (OECD’s) convention on combating bribery of foreign public officials in international business transactions. The pledge came in a declaration on the 17-year-old convention at an OECD Anti-Bribery ministerial meeting held yesterday (March 16) in Paris.…

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INDONESIA COATINGS SECTOR GROWS STRONGLY AS COUNTRY’S HOUSING, AUTOMOTIVE AND INFRASTRUCTURE SECTORS EXPAND



Rising affluence, together with growth across feeder industries are translating into solid results for the Indonesian coatings sector. The paints and varnishes market in the country generated sales of Indonesian Rupiah IDR24,733 billion (USD1.9 billion) in 2014 according to the latest data available from market researcher Euromonitor International.…

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