Search Results for: Pakistan

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.…

Chinese and Pakistani textile and clothing industry associations have taken the first step to explore the possibility of setting up joint ventures in Pakistan by forming a working group for providing match-making services to the prospective investors.

“The joint working group held its first meeting when a large Chinese delegation visited Pakistan in August 2013 and held talks with the Pakistan government officials and the textile industry leadership,” the All Pakistan Textile Mills Association (APTMA) Group Leader Gohar Ejaz told WTiN.com.…

Botswana’s first private university, the Malaysian-owned Limkokwing University of Creative Technology (Limkokwing Botswana), has continued to flex its muscles in this diamond-rich Southern Africa nation, taking advantage of a fast growing tertiary education sector. Botswana’s college and university student (aged 18-24) enrollment has grown from 11.4% in 2007/08 to 16.4% in 2012, or 46,613 students.…

PAKISTAN garment manufacturers are anticipating significant trading benefits from an anticipated accession from January 2014 to the European Union’s (EU) new Generalised Scheme of Preferences Plus (GSP+) trading scheme.

Some are asking the Pakistan government to relax import duties blocking access to raw materials, especially artificial fibre, needed to diversify product lines so that they can take full advantage of the facility.…

While small-and-medium-sized enterprises (SMEs) in Pakistan’s knitwear sector have significant manufacturing capacity, they have yet to harness their full potential, according to the United States Agency for International Development (USAID). Pakistan exported USD2.3 billion’s worth of knitwear in 2011 says the Trade Development Authority of Pakistan, and many producers are small.…

THE COMBINED apparel market of China and India will grow to USD740 billion by 2025 and will surpass the projected combined US and European market of USD725 billion at that time, according to a textile and apparel sector report released at an international clothing conference on Friday (July 19).…

PAKISTAN’S anticipated membership of a revised European Union (EU) Generalised Scheme of Preferences Plus (GSP+) from January has sparked a debate over whether the country’s industry is ready to benefit from the duty-free access the system provides.

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) senior north zone vice-chairman Jawwad A Chaudhry has argued that Pakistan’s garment industry might not fulfill orders because of a shortage of raw materials.…

THE MALDIVES may best be known a tropical paradise with rare beauty, but this south Asian archipelago is also a hotbed for terror financing and money laundering, analysts fear. The country is now attempting to strengthen weak anti-money laundering and combating the financing of terrorism (AML/CFT) laws that have created a “magnet effect for foreign organisations to pour money into local extremist groups,” warned Jean-Charles Brisard, US based terrorism financing expert and former chief investigator for the 9/11 families’ lawsuits against Al Qaeda financiers.…

MEXICO’S new president Enrique Peña Nieto, who came to office in December 2012, promised a less militaristic fight against the country’s increasingly violent drug trade, so his government’s implementation of a new anti-money laundering (AML) law will be watched closely.

Past president Felipe Calderón launched a severe military-led crackdown against the country’s drug cartels towards the end of 2006, around 80,000 people have since been killed in drug-related violence since.…

WHETHER improved transparency in clothing supply chains will be enough to guarantee a sustainable future for outsourcers in south Asia remains to be seen, but a conference staged in Sri Lanka last week (Oct 10) heard plenty of calls for improved openness.…