Search Results for: Indonesia

A GLANCE at Hong Kong’s official trade data gives the impression that all is rosy for the Chinese special administrative region’s (SAR) knitwear manufacturers. In 2013, Hong Kong exported knitted and crocheted fabrics worth USD2.5 billion, up 4.1% year-on-year, easily outpacing the 1.6% growth posted by the city’s overall textile exports valued at USD10.7 billion, according to figures from the Hong Kong Trade Development Council (HKTDC).…

DANISH dairy giant Arla Foods has merged its Bangladesh interests with Bangladeshi distributor Mutual Foods in a joint venture to accelerate already strong sales growth of powdered milk in a national liquid and powdered milk market estimated at USD700 million.

“We will plough USD40 million into the joint venture over the next three

years with an ambition to become the leader in this market,” Sanayet Kabir

Khan, chief financial officer of newly formed Arla Foods Bangladesh, told just-food.…

THE FOURTH largest country in the world by population, with an expanding middle class, Indonesia is an attractive base for many of the world’s global paints and coatings companies.

Mr Yoichi Yonehara took over the helm at PT Kansai Prakarsa Coatings two years ago and in that time he has had the opportunity to witness not only a coatings industry in evolution but also a country in a period of great change.…

AS the 2015 deadline for the full integration of the ASEAN economic community (AEC) approaches, it is becoming clear that while trade and standards harmonisation is right on target (and in some sectors well advanced) among member nations, the infinite details of this process for the coatings sector will be a work in process for many years to come.…

THE INDONESIAN government’s decision to promote natural fibres in place of synthetics may have merit, but the country’s garment and textile export industry may not gain from the move, industry experts argue.

Indonesia’s ministry of industry recently announced plans to promote banana and pineapple fibres to minimise its textile industry’s dependence on polyester and rayon.…

Bangladesh is pushing ahead with its plan to pick contractors to build two economic zones in Chittagong district, which could further boost its fast-growing steel industry.

Muhammad Abdus Samad, secretary of the Bangladesh Economic Zones Authority, told Steel First it will invite expressions of interest from contractors following a study released in February that found the sub-districts of Mirershrai and Anowara, near Chittagong “suitable” for clustering heavy industries, such as steel and shipbuilding.…

New Zealand has recorded bumper beef exports to Saudi Arabia and Indonesia in the first four months (October 2013 to January 2014) of the meat export year, according to figures from industry body Beef and Lamb New Zealand (BLNZ).

Saudi Arabia took 861 tonnes of New Zealand beef in the first quarter of 2013-14, continuing on last year’s gains.…

The Indonesian government has launched an inquiry that could lead it to levy temporary protective ‘safeguard’ duties against imports of I and H sections made with certain alloyed steels.

This probe will be staged by the Indonesian Safeguards Committee (Komite Pengamanan Perdagangan Indonesia – KPPI) and comes after a request from Indonesian steel manufacturer PT.…

THE WORLD’S tobacco trade is not always a straightforward affair, being held up by export and import licence applications, port dues, quality checks, corruption and unusual red tape. A new World Trade Organisation (WTO) Agreement on Trade Facilitation, struck last December, is designed to ease some of these difficulties.…

As Myanmar’s economic and political reforms continue at a steady pace, its indigenous traditional textiles could become commercialised. Myanmar does not yet systematically export its traditional fabrics and there are no official associations to promote the industry. It currently relies largely on tourists for small-scale revenues.…