Search Results for: South Africa
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INDONESIA PAINT AND COATINGS SECTOR SET FOR STABLE GROWTH POST-COVID-19
The paint and coatings industry in Indonesia still has ample room for growth amid booming infrastructure development, although it has had to struggle with the ongoing Covid-19 pandemic, say officials and industry experts.
With the property sector being the primary growth driver Indonesian paint and coating sales, the high demand for new housing and the repainting cycle assures the steady demand for paint and coating products, said Mahendra Chahar, senior consultant at Frost & Sullivan.…
INDONESIA PAINT AND COATINGS SECTOR SET FOR STABLE GROWTH POST-COVID-19
The paint and coatings industry in Indonesia still has ample room for growth amid booming infrastructure development, although it has had to struggle with the ongoing Covid-19 pandemic, say officials and industry experts.
With the property sector being the primary growth driver Indonesian paint and coating sales, the high demand for new housing and the repainting cycle assures the steady demand for paint and coating products, said Mahendra Chahar, senior consultant at Frost & Sullivan.…
ISLAMIC FINANCE FLOURISHES IN THE GULF AND SE ASIA
Islamic finance is flourishing across parts of the Middle East and south-east Asia. Assets are increasing, there is a greater diversification in product offerings, and Islamic fintech is starting to take off.
Islamic finance assets were estimated at USD2.88 trillion globally in 2020, and are forecast to grow at a CAGR of 5% to 2024, to reach USD3.69 trillion, according to New York-based research firm DinarStandard’s State of the Global Islamic Economy (SGIE) 2020-21 report.…
SHIFTING AND VARIED LABELLING RULES ARE MAJOR COMPIANCE CHALLENGE FOR INTERNATIONAL BEAUTY BUSINESS
REGULATIONS affecting what information can, should and cannot be placed on personal care product packaging are among the most demanding of compliance issues facing beauty manufacturers.
One reason is that this is both a very international field and a dynamic one – rules change all the time and vary widely from market to market.…
UK UNIVERSITIES TURNING BLIND EYE TO NIGERIAN MONEY LAUNDERING ASSOCIATED WITH FOREIGN STUDENTS, SAYS REPORT
UK universities and private schools are turning a blind eye to Nigerian political elites laundering dirty money through their fees and support payments to their children, according to a paper published by the Carnegie Endowment for International Peace. Sara Lewis and Samuel Okocha report.…
UK UNIVERSITIES TURNING BLIND EYE TO NIGERIAN MONEY LAUNDERING ASSOCIATED WITH FOREIGN STUDENTS, SAYS REPORT
UK universities and private schools are turning a blind eye to Nigerian political elites laundering dirty money through their fees and support payments to their children, according to a paper published by the Carnegie Endowment for International Peace. Sara Lewis and Samuel Okocha report.…
TURKEY DIGITAL TEXTILE PRINTING EXPANDS AS COUNTRY GRABS NEAR-SHORING BUSINESS BOOSTED BY COVID-19
The Turkish digital printing sector was hard hit in 2020 by the Covid-19 pandemic, but as demand for garments and textiles has rebounded, so has demand for new printers. Turkey is set to become one of the world’s top three digital printers in terms of capacity and machinery, with the trend for smaller print runs and retailers seeking orders made closer to home being major growth drivers.…
TEXTILE COATINGS EVOLVING IN LEAPS AND BOUNDS TO MEET NEW CHALLENGES
In the modern textile industry, coating, surface modification and laminating are the key means to tailor textiles and nonwovens to create functional products for specific, often high-performance, applications.
Such techniques have offered the sector potential advantages as it entered uncharted terrain in 2020, being at the forefront in humankind’s fight against the Covid-19 pandemic.…
CHINA SLOWS EXODUS OF FABRIC MANUFACTURERS TO SOUTH AND SOUTH-EAST ASIA – BUT REVERSAL MAY NOT LAST SAY EXPERTS
The onset of the Covid-19 pandemic sparked predictions that the shift of textile industrial capacity from China to lower cost neighbouring countries could intensify, but analysts talking to Twist International say the trend may have stalled in the past year. While production capacity of China’s textile industry has indeed in recent years shifted to south and southeast Asia, some of these transfers have not run smoothly.…
SAUDI ARABIA PAINT SECTOR VIEWS RECOVERY IN SHORT AND MEDIUM TERM AFTER COVID-19 PANDEMIC ENDS
The Saudi Arabian paint market is rebounding after a sluggish 2020, when sales declined due to an economic downturn caused by lower oil prices and the Covid-19 pandemic, as well the trebling of value added tax (VAT) across the kingdom. The World Bank has projected that this will cause a 5.4% contraction in national GDP, a highly unusual recession in a fossil-fuel rich country used to robust growth.…