Search Results for: Indonesia

FOR all sceptics who say that the benefits of participating in international book fairs is hard to quantify, the New Zealand publishing sector says it can be very valuable. “Being ‘Guest of Honour’ at the Frankfurt Book Fair two years ago [in 2012] was a big success for us”, Paul Bateman, Managing Director at David Bateman Ltd told The Bookseller.…

If Cambodia’s USD5.5 billion garment industry is not quite at a crossroads, it is approaching one, according to participants at an industry trade show held in Phnom Penh over the weekend.
The Cambodia International Textile & Garment Industry Exhibition, which closed on Monday (August 18), brought 260 exhibitors from 21 countries to display their latest wares and look for buyers and distributors.…

 Australia’s cotton industry is anticipating a significantly reduced yield in the 2014/15 harvest if the ongoing drought in the country’s cotton-growing regions does not ease.

Adam Kay, CEO of peak industry body Cotton Australia, told just-style.com that if the very dry conditions continued, preliminary forecasts were for a total harvest of around 2.5 million bales in the 2014/15 season, compared to the nearly 4 million bales harvested in 2013/14.…

With less than one-and-a-half years until the Association of Southeast Asian Nations (ASEAN) creates its own European Union (EU)-style single market, the bloc is about to sign off on a ‘mutual recognition arrangement’ (MRA) on accountancy services. This is designed to help the mobility of accounting professionals wanting to work across the 10 member states, and all their governments bar the Philippines (expected to sign in October) have now signed up.…

INDONESIAN garment manufacturers are moving to the Central Java province to capitalise on lower minimum wage costs, according to a senior industry figure.
Ade Sudrajat, chairman of the Indonesian Textile Association (API), said the industry’s established manufacturing hub in West Java, greater Jakarta and Banten province (all in western Java) had become less competitive as unions have won repeated inflation-busting wage increases.  …

One consequence of the ageing population in many parts of the world is a significant increase in demand for nonwoven adult incontinence products, notably adult nappies. Indeed, in Japan, which has one of the most rapidly ageing populations, there have been reports of adult diaper sales exceeding those of babies for some manufacturers.…

VIETNAM’S production of powder coatings and liquid protective coatings has in the past been a small part of the country’s paint and coatings output – but foreign investment maybe about to change that. The country has around 80 coatings manufacturers, who have together manufactured a relatively meagre 30,870 tonnes of these specialist products, generating USD91 million’s worth of revenue in 2012, according to the most recent data made available by market researcher Frost & Sullivan.…

THE ORGANISATION for Economic Cooperation & Development (OECD) has concluded that five jurisdictions need to improve their tax information exchange standards – Andorra, Anguilla (a UK dependent territory), Antigua & Barbuda, Indonesia and Saint Lucia. The OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes said these jurisdictions were “partially compliant” with its standards.…

The decision by India’s new BJP government to increase the country’s export duty on bauxite from 10% to 20% may not bring down the domestic price of the ore or even the quantum of its exports, Metal Bulletin has been told.…

A proposed antidumping duty on imported yarns being considered by the Indonesian anti-dumping agency (KADI) could increase production costs, eroding Indonesia’s competitive edge, the chairman of the Indonesian Textiles Association (API) Ade Sudrajat has warned.

The committee’s inquiry was sparked by a petition from a group of Indonesian yarn producers, including Indorama and Asia Pacific Fibers, who say they are being undercut by foreign companies aggressively entering the market, selling yarn below cost price and allegedly breaking World Trade Organisation (WTO) regulations.…