Search Results for: Turkey

South-east Asia is a region that has sharp contrasts in economic development, from between the wealth of Singapore to countries such as Myanmar, where poverty is endemic and consumer markets are relatively undeveloped.

Such contrasts pose challenges for personal care product companies seeking regional strategies to tap the markets of the Association of Southeast Asian Nations’ (ASEAN) 10 countries, whose cosmetics suppliers have to comply with the standards of the ASEAN Cosmetics Directive, which was modelled on European Union legislation.…

HAVING a strong reputation for sustainable practice is increasingly a strong marketing card, for the confectionery sector as much as any other consumer industry. But with its extended international supply chains, demonstrating a high regard for environmental good practice is not always easy for the confectionery sector.…

The three suicide bombers that attacked Istanbul’s Atatürk Airport shortly before 10pm yesterday (Tuesday) were bent on harming the Turkish economy and generating public unrest, an expert has told Jane’s Airport Review.

Government officials confirmed 41 deaths, including 13 foreigners and 239 wounded.…

Indonesian negotiators must press harder to make progress on the European Union (EU)-Indonesia free trade agreement or textile manufacturers risk losing market share to neighbouring competitors like Vietnam, according to the Indonesian Textile Association (API – Asosiasi Pertekstilan Indonesia). Its chairman Ade Sudrajat told WTiN.com…

A SENIOR official at the Istanbul Apparel Exporters’ Association has told WTiN.com that Turkey’s textile sector is increasingly being guaranteed business by the country’s emergence as a fast fashion supply hub, selling to Europe and beyond. Turkish suppliers, as well as well-known retailers such as LC Waikiki, Colin’s, Koton, Collezione and Mavi, are increasingly strong players in the world’s fast fashion markets, boosting their performance in short development cycles, rapid prototyping and small batches.…

THE EUROPEAN Commission has protected four more meat traditional products – from Croatia, France, and Spain – by adding them to the European Union’s (EU) list of protected ‘geographical indications.’

This system prevents their sale under registered names across the EU, unless the products are made in their traditional home region and by established production methods laid down in the EU register.…

A SWEEPING review of Australia’s Anti-Money Laundering and Counter-Terrorism Financing Act 2006, published in April 2016, has made more than 80 recommendations to tighten and extend the scope of this key piece of legislation. Among these are proposals to streamline due diligence obligations on the part of reporting entities while reinforcing auditing procedures, increasing the scope of the legislation to cover more professional categories and types of transactions and increasing surveillance particularly in the remittance sector.…

THE EUROPEAN nonwovens industry has been pushing ahead, maintaining consistent growth above increases in GDP for the whole economy, increasing its international collaboration, and the successfully exploring new markets. And while it is rarely prudent to make anything more than short-term predictions about cost and tariff problems, such difficulties faced by the European nonwovens sector seem have been pushed into the background. …

South Korean spandex-manufacturer TK Chemical Corp, an affiliate of the SM Group conglomerate, yesterday (May 26) confirmed to just-style that it will build a 10,000-tonne-a-year spandex plant with an initial investment of South Korean Won KRW80 billion (USD68 million) in Iran.…

Apparel and textile companies face various risks when shifting sourcing and must consider carefully the location of the skilled labour they require; the effort and cost it will take to ensure a new supplier is meeting global standards; and the potential loss of a good relationship with their current suppliers.…