Search Results for: Indonesia
10 results out of 811 results found for 'Indonesia'.
INTERNATIONAL SOURCING CHOICES REQUIRE INSIGHTFUL DECISIONS FROM BRANDS
WHILE international clothing buyers today have a lot of sourcing choices, this multiplicity of options can bring its own management headaches, making it important that brands make subtle, complex and fluid purchasing decisions to keep ahead of the competition, Global research firm McKinsey’s biannual sourcing survey – last published in 2015 – of chief procurement officers (CPOs) at leading apparel companies is an interesting window onto today’s complex sourcing landscape.…
BRANDS INCREASINGLY CONSIDER SOURCING CLOSER TO HOME
With fast fashion demands growing and China’s costs rising, sourcing closer to home is certainly becoming a more commonly considered option for brands, speeding up clothing and textile supply chains, being particularly beneficial for smaller producers, according to experts. Companies sourcing locally can have faster turnaround times, potentially better relationships with suppliers, and greater quality control.…
INDIA BATTLES TO CONTAIN TOBACCO SMUGGLING BOOM
India is battling to contain a boom in organised cigarette smuggling, which is fuelled by high domestic taxes, complex regulations and weaker criminal penalties compared to those levied for trading in other contraband. This trend is becoming a “growing threat to the national interests of not [only] India but several economies worldwide,” according to a detailed assessment called ‘Emerging Challenges to Legitimate Business in the Borderless World,’ released in January.…
INDONESIA HOME TEXTILE SECTOR YET TO FULLY EXPLOIT COUNTRY’S RICH TEXTILE TRADITIONS
A JAKARTA-based designer and exporter of soft furnishings has told WTiN.com how her country’s home textile sector could prosper by using more of the country’s rich and varied tradition of woven fabrics in its design, especially if production could be scaled up reducing unit costs.…
BANGLADESH BATTLES TO REMEDY BANKING ILLS AFTER MAJOR FINANCIAL SCANDAL
Inspired by one of its biggest ever banking scandals, Bangladesh has launched a host of reforms to bolster internal control in public banks, but it is finding it difficult to fix the problem. Politics continues to threaten implementing the anti-fraud measures.…
CORPORATE GOVERNANCE CHALLENGES IN ASIA-PACIFIC REGION
If there is one region in the world that could benefit from a rationalisation of corporate governance structure, it is surely Asia, with its shifting sands of complex company ownership structures. Globalisation has only increased the size of subsidiary/parent relationship webs.…
INDONESIA’S SARONG SALES TO RISE, BUT GOVERNMENT COULD HELP BOOST EXPORTS
A LEADER of Indonesia’s important sarong manufacturing industry has told WTiN.com that he expects sales in this sector to rise by 20% this year compared to 2015. Anies Soengkar, chairman of the Indonesian Textile Association (API – Asosiasi Pertekstilan Indonesia) branch in the key sarong producing centre of Pekalongan, central Java, said domestic and export sales were healthy.…
INDONESIA FACES TOUGH REGIONAL COMPETITION, BUT INDUSTRY IS OPTIMISTIC ABOUT FUTURE SUCCESS
Free trade agreements with the United States and Europe are essential if the Indonesian textile market is to flourish and compete with strong regional rivals, according to analysts and sector leaders.
The Indonesian government has said it wants to sign the Trans-Pacific Partnership (TPP) agreement agreed by 12 Pacific Rim countries last October (2015).…
OECD SAYS GREEN REGULATIONS CAN OFFER ADVANTAGES TO TEXTILE MANUFACTURERS
A report released yesterday (Mar 10) by the Organisation for Economic Co-operation & Development (OECD) has advised textile manufacturers to support government efforts to tighten environmental rules, saying they are unlikely to cause a loss of business.
The report is an attempt to dispel the widely-held view that tighter environmental rules increase costs and damages business – especially in emerging market manufacturing hubs.…
SINGAPORE MAYBE SMALL BUT TEXTILE SECTOR SERVICES HAVE REGIONAL IMPACT
As in many other areas, the Asian city-state of Singapore punches above its weight when it comes to fabrics and textiles. According to its ministry of trade and industry, in terms of sourcing volume the island ranks as the second largest textile and apparel business and sourcing hub in the Asia-Pacific region after Hong Kong.…