Search Results for: Sri Lankan

The demand for processed and packaged food is growing fast among India’s young, often aspirational and fast-expanding population. And this has made Nestlé India target a double digit annual growth in upcoming years. To realise this goal, the company is steadily introducing premium international products into India, such as its impending launch of Alpino chocolates this month (October 2016).…

A KEY women’s business group in Pakistan has voiced concerns about a fall in textile exports from the country, given the industry is not only the largest foreign exchange earning sector of the country, but a key employer of female workers nationwide.…

The Vietnamese textile sector may face challenges thanks to a newly approved national minimum wage, industry insiders say, with specialists suggesting different rates for higher skilled workers in upstream suppliers, but other worrying about a loss of competitiveness in clothing manufacturing.…

Sri Lanka’s cosmetic and beauty product manufacturers are becoming increasingly anxious over the lack of sales regulations, promoting significant volumes of lower grade cosmetic imports, putting local manufacturers at risk. 

Until July 2015, there was a specific authority to oversee cosmetic products being imported as well as distributed in the country.…

Ethiopia’s government is promoting what it says is Africa’s largest eco-industrial park dedicated to textile and garment production. The Hawassa Industrial Park (HIP), boasting state-of-the-art water recycling facilities, has attracted major textile producers from Asia and the US including American clothing giant Phillips-Van Heusen (PVH).…

The brutal anti-crime crackdown promised by the Philippines’ President-elect Rodrigo Duterte may result in the European Union (EU) withdrawing its Generalised System of Preferences Plus (GSP+) tariff-reduction scheme from the country, weakening Philippines textile and garment exports. Duterte had in early June been subject of scathing criticism from UN Secretary General Ban Ki-moon for endorsing killings of journalists as well as for offering large bounties to security forces and the general public to eliminate drug traffickers in extrajudicial killings.…

MALAYSIA’S textile sector will grow by at least 30% thanks to a surge in investments in its textile sector when the Trans-Pacific Partnership (TPP) agreement comes into force, Malaysian Knitting Manufacturers Association (MKMA) executive director Rebecca Chiang has predicted to WTiN.com.…

Bangladesh’s GPH Ispat Ltd has announced it is building a major integrated steel plant in south-eastern Chittagong city, as the country’s steel sector continues to develop its billet production capacity. The company says is expecting robust demand for long products and billets enabling their production as the Bangladesh government responds to continuing economic growth by financing public infrastructure projects.  …

PAKISTAN’S textile sector is struggling as exports are declining, with producers unable to compete with regional countries such as Bangladesh and Vietnam,

Jawed Bilwani, chairman of the Pakistan Apparel Forum has told WTiN.com. In an interview he warned that looking at trade data for financial year 2014-15 compared to 2013-2014: “Our textile exports are declining persistently and are in a state of emergency.”…

SPECIAL trade access to developed countries is always a boon to emerging market suppliers, and the European Union’s (EU) GSP+ system is especially sought after, and – noted a recent European Commission report – widely utilised.

GSP+ suspends EU duties on 66% of EU tariff lines, while for standard GSP, these same duties are merely reduced.…