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INTERNATIONAL REGULATORY ROUND UP - BREXIT AGREEMENT LAYS DOWN DETAILED ORIGIN RULES FOR EU/UK DUTY FREE NONWOVENS TRADES
Asian clothing manufacturing associations, including major knitwear outsourcing hubs, are jointly developing ‘red line’ standards for sales to buyers, covering payment and delivery practices, planning and information exchanges and third-party negotiations.
The STAR Network of nine Asian federations has established five working groups to make detailed proposals as early as March.…
COVID-19 INSPIRES DEVELOPMENT OF ANTI-VIRAL KNITWEAR
COVID-19 has unleashed a significant boom in demand for apparel and other wearables that are anti-viral, cleansing consumers’ bodies of viruses, as well as bacteria.
Companies making fibres and yarns have been quick to tout anti-viral technologies. Examples include HeiQ Materials AG – a Switzerland based textile innovation specialist, which has been selling a new anti-virus textile treatment HeiQ Viroblock NPJ03, added to textile products during final processing and utilising anti-microbial silver, whose charge attracts viruses to spherical liposomes which deplete the virus membrane of cholesterol, allowing the silver to kill them.…
MYANMAR CLOTHING INDUSTRY EXECUTIVE ASKS BRANDS TO STICK WITH COUNTRY, DESPITE COUP
A MYANMAR clothing industry executive has appealed to brands worldwide to maintain their orders with the country’s suppliers, at least in the short term, despite the military toppling state counsellor Aung San Suu Kyi from power.
The executive, who requested anonymity over fears of reprisals from the Myanmar armed forces, told just-style: “Bear in mind that the country is already reeling from the negative impacts of the Covid-19 pandemic.…
CLOTHING INDUSTRY IN MYANMAR IS GLOOMY ABOUT POST-COUP PROSPECTS
Clothing industry executives and experts within Myanmar have warned that the country’s apparel sector is already suffering because of the February 1 coup, when the military seized power and detained Aung San Suu Kyi and other elected leaders.
Despite the imposition of a one-year state of emergency, healthcare workers, civil servants and others have launched a civil disobedience movement, with demonstrations being staged nationwide.…
TI SAYS DEFENCE FIRMS FAILING TO COMBAT GRAFT
Nearly three quarters of the world’s largest defence companies show minimum or no commitment to tackling corruption, according to the latest report from Transparency International. It assessed 134 firms based on publicly available information, including their own websites. Only two firms – Italy’s Leonardo, and Raytheon Technologies, of the United States, scored ‘A’ for their very high commitment to anti-corruption policies in TI’s Defence Companies Index on Anti-Corruption and Corporate Transparency (DCI) (1), with 14 graded ‘B’ for a high level of commitment. …
UK UNIVERSITIES COMPLICIT IN NIGERIAN CORRUPTION, SAYS REPORT
UK colleges and universities are complicit in Nigerian corruption and money laundering, according to a report commissioned by British High Commissioner to Nigeria, Catriona Laing, from West Africa expert, Matthew Page. Published by the Carnegie Endowment for International Peace (for whom Page is a non-resident scholar), ‘West African Elites’ Spending on UK Schools and Universities: A Closer Look’ (1), points to “unexplained wealth” used to pay British university and boarding school fees way above the salary levels of prominent politically exposed persons (PEPs).…
COVID-19 HAS ENCOURAGED INDIAN FOOD COMPANIES CONSIDERING AUTOMATION TO MAKE THESE INVESTMENTS
In India, the increased demand for branded food products and workplace restrictions on industrial labour caused by Covid-19 has inspired automation among food manufacturers. This investment is expected to standardise and increase the quality of products well into the future, well beyond the end of the pandemic.…
COVID-19 PANDEMIC HAS BOLSTERED SPENDING ON ANTI-FRAUD PROFESSIONALS
The boom in online fraud through the Covid-19 pandemic, at a time when new fintech is being rolled out, has grown demand for anti-fraud professionals.
The latest assessment released by the Association of Certified Fraud Examiners (ACFE) (published in December 2020), based on responses from 1,712 anti-fraud professionals, (49% of whom were in the USA and Canada), said that 41% of organisations (public and private sector) are planning to increase their overall anti-fraud budget in 2021.…
INDONESIA PAINT AND COATINGS SECTOR SET FOR STABLE GROWTH POST-COVID-19
The paint and coatings industry in Indonesia still has ample room for growth amid booming infrastructure development, although it has had to struggle with the ongoing Covid-19 pandemic, say officials and industry experts.
With the property sector being the primary growth driver Indonesian paint and coating sales, the high demand for new housing and the repainting cycle assures the steady demand for paint and coating products, said Mahendra Chahar, senior consultant at Frost & Sullivan.…
INDONESIA PAINT AND COATINGS SECTOR SET FOR STABLE GROWTH POST-COVID-19
The paint and coatings industry in Indonesia still has ample room for growth amid booming infrastructure development, although it has had to struggle with the ongoing Covid-19 pandemic, say officials and industry experts.
With the property sector being the primary growth driver Indonesian paint and coating sales, the high demand for new housing and the repainting cycle assures the steady demand for paint and coating products, said Mahendra Chahar, senior consultant at Frost & Sullivan.…