Search Results for: Indonesia

BY MARK GODFREY

COTTON prices have eased in 2011, lifting the price pressure on major brands, according to VF Asia Pacific president Aidan O’Meara. The Hong Kong-based executive, who oversees 30 brands in the region, says it was the first time in 19 years at VF that he had seen inflation of production costs.…

BY WANG FANGQING

Japanese probiotic drinks manufacturer Yakult Honsha Co. has revealed a plan to further expansion in emerging markets including India, Indonesia and Brazil. "As the population in Japan continues to shrink, we have to seek sales growth in emerging markets, where the economy and young populations are booming," said a Yakult spokesman in Tokyo.…

BY RAGHAVENDRA VERMA

INDIA is known for its rich history of garment making traditions; however, its knitwear manufacturing centres have been facing serious labour shortages of late – leading to the underutilisation of capacity, spiralling costs and even relocation of some factories to more rural areas.…

BY KEITH NUTHALL

THE UNITED Nations World Tourism Organisation (UNWTO) and the Indonesian government have launched a project to boost energy efficiency in the key Java tourist zone of Pangandaran. It includes introducing energy efficiency and renewable energy technologies in hotels and public buildings; integrating low-carbon goals into planning; plus seminars and workshops on energy efficiency.…

BY MJ DESCHAMPS

THE CANADIAN federal government is planning to scrap the legal monopoly operated by Canadian Wheat Board (CWB) for grains grown in Manitoba, Saskatchewan, Alberta and parts of British Columbia. The legal requirement that farmers in this area sell wheat and barley to the CWB would disappear on August 1, 2012.…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) Council of Ministers has repealed Euro EUR3,479-per-tonne anti-dumping duties imposed on imports into the EU of the fragrance fixative coumarin from China, India, Thailand, Indonesia and Malaysia. The reason, said a European Commission note was that "the sole producer of coumarin, which constituted the EU industry…decided to discontinue production of coumarin…at the end of August 2010."…

BY WANG FANGQING

INDONESIA’S paint and coating market is expected to grow 10% from 2011 to 2012 after a previous average annual growth of 8% between 2006 and 2011.With the strong recovery from the recession in the domestic economy, the market – with an estimated value of US dollars USD1.1 billion – will grow robustly in the following years, according to market research company Frost & Sullivan.…

BY JULIAN RYALL

AS if Japanese clothing manufacturers did not have enough to worry about already from the physical and logistical damage caused by the March 11 Great East Japan Earthquake and the tsunami that it triggered, there are now fears it could cause a labour shortage.…

BY KEITH NUTHALL

BRAZIL and Argentina are among almost 100 countries expected to lose tariff breaks for their knitwear exports to the European Union (EU), under a planned reform of the EU’s Generalised System of Preferences (GSP) system.

The European Commission announced yesterday (May 10) it wanted to focus import duty concessions on poorer countries and so henceforth those regarded by the World Bank as high or upper middle income states would no longer qualify from January 2014.…

BY KEITH NUTHALL

ARGENTINA, Uruguay and Iran are among almost 100 countries expected to lose tariff breaks for their food exports to the European Union (EU), under a planned reform of the EU’s Generalised System of Preferences (GSP) system, which lowers EU import duties for emerging market and developing countries for more 6,200 tariff lines, including many food products.…