Search Results for: Malaysia

The Hong Kong-based Esquel Group, the major global high-end shirt supplier, is making progress in a research programme to develop a sustainable Chinese supply of sea island cotton, an extra-long staple (ELS) cotton, in Xinjiang.

This autonomous territory in north-west China is a key cotton production centre for China, and a recent scientific conference in Urumqi, the capital city of Xinjiang, where Esquel has a 5,500-acre cotton field, discussed the latest key findings and challenges.…

Chinese tourism is changing the locations where cosmetics are sold internationally – and also changing how corporations are marketing to a savvier and better travelled breed of Chinese consumers, according to a detailed research report by a Hong Kong investment bank.…

Australian and New Zealand confectionery and ice cream manufacturers have been broadly supportive of the Trans-Pacific Partnership (TPP) agreement that was finalised towards the end of 2015, recognising the potential for securing export sales in lucrative Asian markets. That said, there is some caution, given the TPP delivers more potential for America’s juggernaut of a confectionery sector to roll into local stores.…

An unprecedented spike in rhino poaching has not only threatened the existence of the charismatic species but also shone a spotlight on the highly organised criminal networks responsible. Wildlife crime is no longer seen as victimless or offering little reward but authorities are fighting back with some innovative tactics, reports Mark Rowe. …

The Hong Kong government has announced its 2016 budget which includes a salaries tax reduction of up to HKD20,000 (USD2,574), increasing personal allowances and offering a rates waiver within its 2016-17 budget. The government has also announced a 75% profits tax reduction up to a ceiling of HKD20,000; waived business registration fees; and released a technology voucher programme assisting small-and-medium sized businesses.…

If there is one region in the world that could benefit from a rationalisation of corporate governance structure, it is surely Asia, with its shifting sands of complex company ownership structures. Globalisation has only increased the size of subsidiary/parent relationship webs.…

A LEADER of Indonesia’s important sarong manufacturing industry has told WTiN.com that he expects sales in this sector to rise by 20% this year compared to 2015. Anies Soengkar, chairman of the Indonesian Textile Association (API – Asosiasi Pertekstilan Indonesia) branch in the key sarong producing centre of Pekalongan, central Java, said domestic and export sales were healthy.…

Free trade agreements with the United States and Europe are essential if the Indonesian textile market is to flourish and compete with strong regional rivals, according to analysts and sector leaders.

The Indonesian government has said it wants to sign the Trans-Pacific Partnership (TPP) agreement agreed by 12 Pacific Rim countries last October (2015).…

As in many other areas, the Asian city-state of Singapore punches above its weight when it comes to fabrics and textiles. According to its ministry of trade and industry, in terms of sourcing volume the island ranks as the second largest textile and apparel business and sourcing hub in the Asia-Pacific region after Hong Kong.…

Following the international agreement limiting its nuclear power ambitions, Iran is essentially open for business. However, certain US sanctions remain in place, adding to Western banks’ caution in dealing with Iran, long a pariah to global investors and bankers. Indeed, the biggest challenge will be reintegrating Iran’s financial institutions back into the international system after their years’ long experience of dealing with, and circumventing, sanctions.…