Search Results for: Malaysia

DETAILS have been released about knitwear and yarn tariffs that will be scrapped regarding products exported and imported between Vietnam and the European Union (EU) under their new trade deal. The full text of the agreement struck last August (2015) has been released and shows how the EU is prepared to remove its tariff barriers to Vietnam knitwear exports.…

An anticipated boost for garment exports has failed to materialise since the Philippines was granted Generalised Scheme of Preferences Plus (GSP+) by the European Union (EU) in December 2014. Receiving GSP+ status meant that a total of 6,274 Philippines export products were given duty-free access to the EU market.…

China has overtaken Germany to become the world’s number one producer of solar energy. Driven by the Chinese government’s urgent quests for energy security and the elimination of extreme urban air pollution, solar installations in China generated 43 gigawatts (GW) in 2015, exceeding German production, according to China’s National Energy Administration.…

Rising affluence, together with growth across feeder industries are translating into solid results for the Indonesian coatings sector. The paints and varnishes market in the country generated sales of Indonesian Rupiah IDR24,733 billion (USD1.9 billion) in 2014 according to the latest data available from market researcher Euromonitor International.…

CAPITAL markets and their traders within Malaysia may be forced to forge defences against cyber-crime amidst growing concern that hackers could damage the country’s financial services. The Securities Commission Malaysia (SC) is seeking comments from accountants and other financial specialists about planned regulations saying capital market participants should have cyber-security programmes and policies, including contingency plans for dealing with associated risks.…

The 2016 outlook for the US paints and coatings industry remains positive, with experts predicting growth thanks to a resilient US economy, a strong performance by the manufacturing industry, and notable new trade agreements.

According to IBISWorld, a global market research company, the US paints and coatings industry bounced back quickly from the financial economic crisis beginning in 2008.…

CAPITAL markets and their traders within Malaysia may be forced to forge defences against cyber-crime amidst growing concern that hackers could damage the country’s financial services. The Securities Commission Malaysia (SC) is seeking comments from accountants and other financial specialists about planned regulations saying capital market participants should have cyber-security programmes and policies, including contingency plans for dealing with associated risks.…

With fast fashion demands growing and China’s costs rising, sourcing closer to home is certainly becoming a more commonly considered option for brands, speeding up clothing and textile supply chains, being particularly beneficial for smaller producers, according to experts. Companies sourcing locally can have faster turnaround times, potentially better relationships with suppliers, and greater quality control.…

ONCE clothing sourcing was all about China. No longer. Recent years have seen a continuous decline in China’s export industry, especially in labour-intensive sectors such as clothing and shoe manufacturing, because of rising labour costs and an appreciating Chinese Yuan Renminbi (CNY or RMB).…

The Islamic Republic of Iran has had to deal with financial sanctions imposed by the United States following the revolution in 1979, and then ramped up during the Bill Clinton and George W Bush administrations. But it was the multilateral financial sanctions imposed by United Nations Security Council resolutions (UNSCRs) and the European Union (EU) from 2007 onwards, and particularly in 2011, that hit Iran even harder, further narrowing an already limited window to operate financially in international terms.…