Search Results for: Singapore

BANGLADESH’S major textile and clothing manufacturers are pumping millions of dollars into digital printing, encouraged by the lure of better margins, cost savings and shorter lead times, industry watchers say.

With conventional textile printing losing its prominence, the country’s top textile producers have spent around USD30 million buying European and Asian digital printing machinery in the past three to four years, industry experts have told Digital Textile.…

This July is the 30th anniversary of the Financial Action Task Force (FATF), which developed its 40 recommendations on anti-money laundering (AML) and nine special recommendations on combating the financing of terrorism (CFT) – but the jury is still out on whether the AML/CFT system it has created is really working.…

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect in December 2018, incrementally bringing down import tariffs for Vietnamese garments in a market with 495 million consumers across 11 countries.

But Vietnamese garment-makers are struggling to reduce costs to deliver pricing that is competitive enough to make the most of CPTPP.…

AFRICA is without doubt the continent to watch for airport and air traffic control investment in the future. It is the world’s second most populous continent (home to more than 1.2 billion people), and according to Airports Council International (World) – ACI World – Africa was the fastest growing region for air passenger traffic in 2017 and 2018, which rose 6.3% in 2017 year-on-year and 10.8% in 2018 to June year-to-date, year-on-year.…

HONG Kong accountants may see an increase in demand for non-financial assessments, with the HK Stock Exchange consulting on proposed new environmental, social and governance (ESG) reporting. It is proposing introducing mandatory disclosure requirements to include board statements considering ESG issues; and what reporting principles are used to develop company ESG reports.…

THE INTERNATIONAL clothing industry needs to take a holistic and assertive approach to fighting intellectual property theft and counterfeiting, which while can be easier to detect today, because of advances in data analysis, still poses a significant threat, an expert USA seminar was told.…

THE INTERNATIONAL airport industry is assessing the potential impact of Airbus’ cancellation, from 2021, of its manufacturing programme for the wide-bodied A380 airliner – a plane that sparked multi-million dollar improvements to airports worldwide.

Faced with a reduction in orders from its key supporter, Emirates airline, of the United Arab Emirates (UAE), Airbus announced when releasing its 2018 results on February 14, that its programme to build this ground-breaking large jet would be wound up.…

EAST Asia’s two personal care product industry giants – Japan and South Korea – have long been competing for major slices of the regional and global beauty market. At present, however, Japan’s industry seems to be performing more solidly than its rival, which is struggling with the fall-out of diplomatic problems with Asia’s largest market – China.…

JAPAN’S traditional confectionery market and production is imbued with the visual beauty and attention to detail that runs through so much Japanese culture, and exporters have started to explore their appeal to overseas markets.

These assessments have been partly driven by Japan’s ongoing international tourist boom, with foreign shoppers snapping up tasty treats that have been honed for domestic consumers for centuries.…

MALAYSIA has extended its grace period for taxpayers who have under-paid in the past, allowing for low penalties should undeclared income be filed on returns this year. This even covers taxpayers who have yet to register with the Inland Revenue Board of Malaysia, and those who have registered but have not submitted ITRF/PRF/RPGTRF returns.…