Search Results for: South Africa

THE UNITED Arab Emirates (UAE) has long been a fertile ground for colour cosmetics brands thanks to its large young population (its median age is just over 30) and the presence of image conscious consumers. Despite the pressure of rising costs and fierce competition among brands, the country’s colour cosmetics market experienced moderate growth in 2017 compared to 2016, increasing an estimated 4% in value terms to reach Emirati Dirham AED1.1 billion (USD299.4 million), according to market researcher Euromonitor International.…

The Egyptian Pounds EGP1.6 billion (USD90.5 million) Egyptian colour cosmetics market has had steady growth over the past year despite the downturn in the economy, the depreciation of the Egyptian pound and some serious regulatory challenges.

According to market researcher Euromonitor International, in 2016, this market grew by 18% in value terms, year-on-year, mainly influenced by the positive performance of lip care products, primarily lipsticks.…

Despite the negative impact of the economic recession of 2016 in Nigeria (when the GDP of Africa’s largest economy fell 1.5%), colour cosmetics remained a vibrant consumer sales category. It has been and will be powered by a growing population of urbanised and fashion-conscious women interested in upgrading, maintaining and experimenting with their facial appearance.…

THE PAINT and coatings industry in south Asia maybe thriving, but regional trade between countries is not – being restricted to exports of pigments, resins, solvents and additives from India to its neighbouring countries. Pakistan, Bangladesh, Sri Lanka, Nepal, Maldives, Bhutan and Afghanistan, as well as regional giant India, are all members of the South Asian Association for Regional Cooperation (SAARC), but they import most of their paint and coating raw materials.…

THE PAKISTAN textile industry is worried that a potential trade free trade deal with Thailand, now under discussion, may cause more harm than good to Pakistani manufacturers. Thai and Pakistan government negotiators are preparing for what maybe the final round of talks to forge a free trade agreement (FTA) between these two textile producing countries, with a deal potentially being signed in January.…

THE RUSSIAN government plans to significantly increase Russian exports of textile and technical textile products to foreign markets over the next few years, officials have told WTiN.com.

Planned export volumes have not yet been disclosed, however, according to some sources close to the ministry of industry and trade, the government is targeting an increase of 100,000-150,000 tonnes in 2017-2018, with the possibility of a three to four-fold increase over the next few years.…

TEXTILE mill owners in Pakistan have expressed doubts over their government’s apparent enthusiasm to develop joint ventures (JVs) with their Chinese counterparts to boost dwindling export levels.

Pakistan’s textile minister, Pervaiz Malik, said at the 18th Textile Asia International Exhibition in Lahore recently that his government wants JVs with the Chinese textile sector and for his country to become a textile business hub for the Middle East, central and south Asia.…

THE BRAZILIAN arm of Brussels-based speciality chemical firm Solvay says that it is prospering in Brazil though sales of biodegradable polyamide yarn Amni Soul Eco, reflecting the demand for bio-based materials and products in Latin America’s largest country.

Renato Boaventura, CEO of the Brazil Rhodia Solvay Group’s ‘fibras global business unit’ told WTiN.com…

OFFSHORE exploration is going through difficult times, but the Barque prospect in New Zealand is being rated as one of the most promising upcoming exploration oil wells in the world. If successful the project, located offshore from South Canterbury and North Otago in the south-east of South Island, would be the most significant discovery in New Zealand since the giant Maui field in the Tasman Sea in the 1960s.…

HUMAN resources department in Singapore may adjust workers’ terms and conditions to avoid making costly redundancies, following the introduction of new government guidelines that strengthen employee job protections.

Despite this, personnel experts have broadly welcomed the changes arguing they encourage companies to broaden internal opportunities for staff.…