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A country famed for its beautiful traditional ‘batik,’ Malaysia is also home to a highly specialised textiles industry and these niche skills may prove vital for the country’s numerous finishing factories in what is shaping up to a challenging year. Economists are predicting a general slowing of the Malaysian economy, with average real gross domestic product (GDP) growth for the next five years estimated in Q4 2013 at 3.4%, revised down 0.2% from Q4 in 2012 (slightly slower than the Asian average of 3.7%), according to the Ifo Institute for Economic Research/International Chamber of Commerce’s World Economic Survey of business experts published in November last year.…

BY LEE ADENDORFF

A country famed for its beautiful traditional ‘batik,’ Malaysia is also home to a highly specialised textiles industry and these niche skills may prove vital for the country’s numerous finishing factories in what is shaping up to a challenging year.…

INDONESIA’S nonwovens market is expanding rapidly, in particular because of rising demand for consumer products. At around 246 million people, Indonesia has easily the largest population among the Association of Southeast Asian Nations (ASEAN) bloc. The country’s economy has grown at an annual average of 6% over recent years, although there are signs that growth could be slowing, with the World Bank forecasting growth of 5.6% in 2013 and 5.3% in 2014, compared with 6.2% in 2012.…

THE WORLD Trade Organisation (WTO) has struck a global deal that should ease import and customs procedures that can hold up the delivery of paints, coatings and their ingredients to export and import customers.

This agreement on trade facilitation was agreed by a WTO ministerial conference in Bali, Indonesia, in December.…

WITH the 2015 deadline approaching for the establishing a common market within the Association of Southeast Asian Nations (ASEAN), Indonesian textile manufacturers need professional competency standards to be harmonised across the 10 member countries, according to the country’s peak textiles association.…

THE AGREEMENT by the World Trade Organisation (WTO) to reduce import-export red tape may lead to a seismic shift in the global automotive sector, an industry expert has told wardsauto.

Peter Cooke, the emeritus professor of automotive management at Britain’s University of Buckingham, said that major emerging markets without a substantial auto sector may create capacity because of the deal.…

The World Trade Organisation (WTO) has struck a global deal that should ease import and customs procedures that can hold up the delivery of steel and steel products to export customers.

This agreement on trade facilitation was agreed by a WTO ministerial conference in Bali, Indonesia, which wrapped up on Friday night (Dec 6).…

The European steel association Eurofer has welcomed the striking of the new global trade deal by the World Trade Organisation (WTO) which should ease import and customs procedures that can slow the delivery of steel and steel products to export customers.…

The World Trade Organisation (WTO) has struck a global deal that should ease import and customs procedures that can hold up the delivery of plastics, ingredients and plastic products to export customers.

This agreement on trade facilitation was agreed by a WTO ministerial conference in Bali, Indonesia, which wrapped up on Friday night (Dec 6).…

European non-ferrous metals trade association today welcomed this weekend’s World Trade Organisation (WTO) deal on reducing import-export red tape.

Speaking to Metal Bulletin from her Brussels office, Elena Vyboldina, the trade and economy manager for Eurometaux, said the WTO agreement on trade facilitation was “positive”.…