Search Results for: Korean
10 results out of 461 results found for 'Korean'.
KEY BENEFITS OF AUTOMATION AND ROBOTICS FOR TEXTILES AND CLOTHING
A key question in any industry is to what extent robotics will be able to replace the human hand. This issue is especially pertinent for textiles and clothing – where sensor-based automation increasingly carries out human tasks such as assessing the feel of textiles and quality control.…
AS PANDEMIC DUST SETTLES, SOUTH KOREA’S AESTHESIS MARKET FINDS ITSELF ALIVE AND KICKING
The South Korean aesthetics market is regarded by UK-based market researcher GlobalData as the fastest growing in the Asia-Pacific region, with an anticipated compound annual growth rate (CAGR) of approximately 7% between 2022 and 2030, displayed remarkable resilience during the pandemic.…
SOUTH AND SOUTHEAST ASIAN IMPORT RESTRICTIONS DAMAGE THE COSMETICS SECTOR
With inflation and hard currency shortages compounding the economic disruption caused by Covid-19, governments in south and south-east Asia have been implementing unorthodox trade controls to wrestle control – unfortunately, the beauty sector has been a victim.
Pakistan is a case in point.…
CRYPTO-MINING AND AML – KNOW YOUR MINER (KYM)
The creation crypto-currency units through the arcane process of ‘crypto-mining’ presents peripheral money laundering risks, during the initial validation of a crypto coin and where the transaction is mined. There could be a need for a new type of KYC – KYM, ‘Know Your Miner’.…
MALAYSIA SEES DIGITAL TEXTILE PRINTING AS A KEY PART OF ESSENTIAL AUTOMATION
Digital textile printing will help Malaysia’s textile industry adopt greater automation as it tries to cope with a tight labour supply, the Malaysian Textile Manufacturers Association has said.
Its president Tan Thian Poh said the digital textile print segment will take centerstage, as fabric manufacturers cope with Malaysian government immigration restrictions on foreign workers for all industries.…
SOUTH KOREA’S DYNAMIC PAINT AND COATING MARKET RECOVERS AFTER COVID-19 DECLINE
South Korea’s paint and coatings market is readying itself for a sustained rebound after 2021 saw it recover from declining sales in 2020 prompted by the Covid-19 pandemic. UK-based market researcher Euromonitor International’s Paints and Varnishes in South Korea report published in December 2021 showed that the country’s paints and varnishes production value declined by 0.9% year on year in 2020, to USD6.8 billion, but Euromonitor predicts the industry’s turnover will have fully recovered in 2021 to 2019 levels or beyond. …
EU ROUND UP – BULGARIA STRIVES TO FIGHT REPUTATION AS HOTBED FOR CORRUPTION
Bulgaria’s new government has promised to fight corruption and challenge the country’s reputation as the European Union’s (EU) worst blackspot for graft. The new Bulgarian Prime Minister Kiril Petkov defeated former PM Boyko Borissov last November amidst demonstrations against government corruption.…
SUSTAINABILITY ACCOUNTING STANDARDS – IMPACT ON TEXTILES INDUSTRY
INTRODUCTION
ACCOUNTING used to be restricted to financially measurable matters of profit and loss; expenditure and revenue; taxes and subsidies; investment and liabilities. But the mathematical and statistical skills underpinning a solid set of books and filed accounts are today increasingly being used to measure the environmental and social sustainability of a product, input, production process and supply chain.…
SOUTH KOREA’S PHARMA SECTOR PROBES HALAL MARKET WITH INDONESIAN PARTNERS
South Korea’s pharmaceutical industry, a global player with exports reaching South Korean Won KRW7.93 trillion (USD6.8 billion) in 2020, has been expanding its foothold in the world’s Muslim markets, offering guarantees that manufacturers avoid inputs that are offensive to Muslims.…
EL SALVADOR CLOTHING INDUSTRY BOSS PILOTS SALVADORAN TEXTILE AND CLOTHING INDUSTRY OUT OF COVID CRISIS
The executive director of the Chamber of the Textile and Apparel Industry, of El Salvador (CAMTEX – Cámara de la Industria Textil) has told Just Style how her manufacturing hub is seizing market opportunities growing as Covid-19 ebbs.
Patricia Figueroa, who has been in her job since 2015, also highlighted the challenges the Salvadoran clothing and textile industry will tackle in 2021-22, with CAMTEX’s help.…