Search Results for: Malaysia
10 results out of 766 results found for 'Malaysia'.
PT KANSAI’S YONEHARA IS OPTIMISTIC ABOUT INDONESIA’S COATING SECTOR PROSPECTS, DESPITE RISES IN WAGE COSTS
THE FOURTH largest country in the world by population, with an expanding middle class, Indonesia is an attractive base for many of the world’s global paints and coatings companies.
Mr Yoichi Yonehara took over the helm at PT Kansai Prakarsa Coatings two years ago and in that time he has had the opportunity to witness not only a coatings industry in evolution but also a country in a period of great change.…
BRIGHT OUTLOOK FOR ASEAN PAINTS SECTOR AS ECONOMIC COMMUNITY DEADLINE APPROACHES
AS the 2015 deadline for the full integration of the ASEAN economic community (AEC) approaches, it is becoming clear that while trade and standards harmonisation is right on target (and in some sectors well advanced) among member nations, the infinite details of this process for the coatings sector will be a work in process for many years to come.…
INTERNATIONAL REGULATORY ROUND UP – ALARM SOUNDED OVER NANOSILVER
A EUROPEAN Union (EU) scientific committee has sounded an alarm about potential health concerns regarding the use of nano-silver in clothing – the substance often used as an antibacterial in knitted socks.
The EU’s Scientific Committee on Emerging and Newly Identified Health Risks has noted studies indicating that “nanosilver exposure leads possibly to genotoxicity, changes in activity of the immune system and an accumulation of silver in spleen, liver and testes.”…
NORDIC NONWOVENS REPORT FEATURE
NORDIC nonwoven companies Suominen, Ahlstrom and Fibertex are fast emerging from the post-2008 economic downturn fitter and leaner. This follows five years of cost-cutting and market re-alignment projects that included unit divestments, strategic acquisitions, and increased use of automation to reduce costs and strengthen profitability.…
BANGLADESH LOOKS TO ITS LAURELS AS ASIAN KNITWEAR RIVALS POWER UP
SOURCING in Asia has been a merry-go-round for many buyers in recent years. As the era of low-cost Chinese manufacturing draws more or less to a close, several countries have leveraged their low cost labour to capture a significant volume of the world’s lower end knitwear manufacturing, while others have sought to extend their reach into higher value-added manufacturing by investing in infrastructure and training.…
BANGLADESH LOOKS TO ITS LAURELS AS ASIAN KNITWEAR RIVALS POWER UP
SOURCING in Asia has been a merry-go-round for many buyers in recent years. As the era of low-cost Chinese manufacturing draws more or less to a close, several countries have leveraged their low cost labour to capture a significant volume of the world’s lower end knitwear manufacturing, while others have sought to extend their reach into higher value-added manufacturing by investing in infrastructure and training.…
MALAYSIAN CLOTHING MANUFACTURERS WANT TO REINTRODUCE LOW PAID PROBATION FOR FOREIGN WORKERS
As a minimum wage law goes into effect this month in Malaysia, the Malaysian Textile Manufacturers Association (MTMA) is asking the government to allow its members to reintroduce a lower-paid probationary period for foreign workers.
Companies in the textile and apparel industry commonly place new employees under a 3-6 month probationary period during which they receive a salary 30% lower than their full wage, according to MTMA chief executive officer Andrew Hong.…
MALAYSIAN FINISHING INDUSTRY OUTLOOK OPTIMISTIC DESPITE CHALLENGING CLIMATE
A country famed for its beautiful traditional ‘batik,’ Malaysia is also home to a highly specialised textiles industry and these niche skills may prove vital for the country’s numerous finishing factories in what is shaping up to a challenging year. Economists are predicting a general slowing of the Malaysian economy, with average real gross domestic product (GDP) growth for the next five years estimated in Q4 2013 at 3.4%, revised down 0.2% from Q4 in 2012 (slightly slower than the Asian average of 3.7%), according to the Ifo Institute for Economic Research/International Chamber of Commerce’s World Economic Survey of business experts published in November last year.…
EASTERN EUROPE COSMETICS SALES STILL SLUGGISH – WITH SALES TRENDS STARTING TO MIRROR WESTERN EUROPE
THE COUNTRIES of eastern and central Europe that came in from the cold in 1989 with the fall of the Berlin Wall have felt the economic chill in recent years, with recession affecting the fortunes of the cosmetics industry.
Across a wide range of countries – for instance – Bulgaria, the Czech Republic, Romania, Hungary and Slovakia – the retail value of the beauty and personal care products market has remained at around Euro EUR10.70 billion in both 2012 and (according to provisional data for these five countries by market analysts Euromonitor International) in 2013; and is forecast to grow to EUR10.85 billion in 2014.…
MALAYSIAN FINISHING INDUSTRY OUTLOOK OPTIMISTIC DESPITE CHALLENGING CLIMATE
BY LEE ADENDORFF
A country famed for its beautiful traditional ‘batik,’ Malaysia is also home to a highly specialised textiles industry and these niche skills may prove vital for the country’s numerous finishing factories in what is shaping up to a challenging year.…