Search Results for: Malaysia

THE UNITED States government has unveiled details of proposed flexibilities it wants to introduce into the planned Trans-Pacific Partnership (TPP) trade agreement which will allow importers to buy scarce clothing, textiles and yarns from outside the bloc.

Speaking at a New York conference yesterday (Wed, Jan 9), Kim Glas, deputy assistant secretary for textiles and apparels of the US Department of Commerce stressed proposals that may appease concerns of US garment and clothing importers concerned about restrictive ‘yarn forward’ rules in the draft TPP.…

Malaysia’s textile and clothing industry is planning to focus on three key areas – higher value fashion, dyeing and finishing, and technical textiles – to sustain strong growth and continue to compete with significantly lower-cost competition elsewhere in Asia.

The country’s textile and apparel exports grew 28.4% to USD3.8 billion in 2011, according to the Malaysian Textile Manufacturers Association (MTMA), with a further significant increase expected in 2012.…

BY CARMEN PAUN, RAGHAVENDRA VERMA AND KITTY SO

THE DEMAND for eco-friendly additives is growing and will continue to, as long as the paints and coatings incorporating them have a similar price and functionality those with regular additives, according to Carine Lefèvre, general manager at the Belgium-based Coatings Research Institute (CoRI).…

BY MJ DESCHAMPS

WINNERS

Bangladesh

Despite its well-trailed labour and environmental problems, analysts still backed Bangladesh as having the potential to become a long term apparel sourcing hotspot. Indeed, ready-made garment exports could triple within a decade, as buyers move sourcing away from China, according to research by McKinsey & Company.…

BY KEITH NUTHALL

THE EUROPEAN Commission has confirmed key beef exporters Brazil, Argentina and Uruguay will be excluded from the European Union’s future GSP low import duty regime for emerging markets, as they are now too rich to benefit. Brussels has released a list of countries that will qualify for this special status and the Brazilians, Argentines and Uruguayans are not included, along with middle-income countries such as Venezuela, Belarus, Russia, Kazakhstan, Malaysia and others.…

BY MJ DESCHAMPS

FOR multinational businesses, comprehensive and precise financial reporting is critical for a company’s success, and such good practice is also essential for companies striving for profits within emerging markets.

Earlier this year, the World Bank’s International Finance Corporation (IFC) released a report ‘Being the Change: Inspiring the Next Generation of Inclusive Business Entrepreneurs Impacting the Base of the Pyramid’, which highlights the IFC’s ‘inclusive business models’ strategy.…

BY ROBERT STOKES

STANDING firmly in the middle of the Wi-Fi, cloud, and M2M revolutions has delivered explosive growth for Openet, an Irish based global leader of real-time transaction management software and services.

The middleware firm’s story and strategy neatly illustrates challenges facing operators and the solutions that innovation can provide.…

BY ALAN OSBORN

Significant questions about the re-elected US Administration’s readiness to stand up for American textile interests in the upcoming negotiations for expanding the Trans-Pacific Partnership (TPP) trade deal are looming in the wake of President Barack Obama’s re-election. Important decisions will be needed soon about the terms for including Vietnam in the TPP and its associated yarn forward rule of origin.…

BY MARIANI DEWI

BRANCH campuses of established western universities can be major prizes for emerging market higher education systems – but attracting these institutions is not easy, even for economically dynamic countries such as Malaysia.

There are still only six branch campuses in this south-east Asian country.…

BY MARK ROWE

The cosmetics market for Asian men is thriving where other sectors struggle. "Men’s skin care products appear to exist in a different economic world to much of rest of the industry," said Diyva Sangameshwar, a spokeswoman for market researchers Euromonitor based in Singapore.…