Search Results for: Pakistan

BANGLADESH is far from being the only emerging market outsourcer that has had problems with factory safety and auditing. Elsewhere in Asia, Pakistan, Sri Lanka, and especially Cambodia have had their own problems.

Indeed Cambodia has been wracked by industrial disputes overworking conditions in its textile and clothing sector.…

INDIAN publishers are adopting a smarter more holistic approach to fight book piracy and are focusing on awareness campaigns to tackle the problem.

“Educational authorities like the ministry of human resource development and other stakeholders should join hands with publishers to make people understand that there is some sanctity to copyrighted knowledge, which should be respected,” said Mr Sesh Seshadri, secretary of The Association of Publishers in India (API).…

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.…

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.…

A call by India’s textiles minister for a higher rebate on duties paid on garment exports to the European Union (EU) will probably be refused by the country’s finance ministry, industry representatives have told just-style.

Darshan Lal Sharma, a member of the Confederation of Indian Industry’s (CII) National Committee on Textiles and a director of Vardhman Textiles, said it would be “really a challenge” to get an increased drawback approved when there was pressure to reduce the country’s fiscal deficit.…

PAKISTAN and India are negotiating an enhanced textile trade agreement to fuel their mutual economic growth and investment, Khurram Dastagir Khan, Pakistan’s minister for commerce and textile industry has told WTiN.com.

During a visit to New Delhi, with a 70-member business delegation last week (Thursday), Mr Khan said that, “the enhancement and facilitation of trade through Wagha [India and Pakistan’s key road border crossing] is under active negotiation.”…

THE PAKISTAN government has started acquiring 1,562 acres of land near Lahore, capital of Pakistan’s most populous and main cotton producing province, Punjab, for a proposed major garments manufacturing centre.

Major General (Retd) Javed Iqbal, chief executive officer of the Punjab Industrial Estates Development and Management Company (PIEDMC), which is developing this so-called ‘garments city’ and some other industrial estates in the province, said that a pre-feasibility study has now been completed.…

THE AGREEMENT by the World Trade Organisation (WTO) to reduce import-export red tape may lead to a seismic shift in the global automotive sector, an industry expert has told wardsauto.

Peter Cooke, the emeritus professor of automotive management at Britain’s University of Buckingham, said that major emerging markets without a substantial auto sector may create capacity because of the deal.…

THE PUBLICATION in October 2013 of the latest international Financial Action Task Force (FATF) report on ‘hawala’ and other similar service providers (HOSSPs) has shed light on such alternative money remittance systems. These remain a complex area for anti-money laundering (AML) and combating the financing of terrorism (CFT) authorities to address. …

THE HIGHLY diverse and emerging markets of the Middle East, North Africa, and South Asia (MENASA) face major challenges in bringing financial services, accounting and auditing up to international standards. They are often lacking qualified professionals and sometimes overly reliant on expatriate expertise.…