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MYANMAR POLITICAL AND ECONOMIC DISRUPTION PUSHES CLOTHING ORDERS TO NEIGHBOURING CAMBODIA
Cambodian and Myanmar clothing industry leaders have confirmed a shift in manufacturing orders from Myanmar to Cambodia, caused by the economic and political disruption within Myanmar, since the February 1 coup.
Kaing Monika, deputy secretary general for the Garment Manufacturers Association in Cambodia, told Just Style that brands were starting to redirect orders to Cambodia, seeking more competitive prices, quality, delivery and compliance, but it was unclear if this would lead to factories moving at this point.…
DEMOCRATS AND REPUBLICANS: NOT TWO SIDES OF THE SAME COIN
Since its foundation, the United States has regularly seen opposition party presidents defeat the candidate of the incumbent ruling party. Indeed, since the 1920s (when Republican presidents held sway), only one ruling presidential candidate won an election to replace a predecessor from the same party – President George Bush Snr in 1988.…
ETHIOPIA LOOKS FOR ALTERNATIVE EXPORT MARKETS AS IT FACES THE IMMINENT WITHDRAWAL OF AGOA BENEFITS
The impending withdrawal of Ethiopia from the USA’s Africa Growth and Opportunity Act (AGOA) because of human rights concerns will be disruptive and damaging to the country’s clothing and textile sector, a senior government official has told Just Style.
Bantiyhun Gessese, communications affairs directorate director at the Ethiopia Textile Industry Development Institute (ETIDI) said “AGOA has been a major incentive for domestic and international investors to export various types of light manufacturing products free of tax, while creating massive job opportunities especially for the youth.”…
WHERE ARE ARABS IN THE DONKEY & ELEPHANT RACE?
Every four years, people worldwide, armed with statistics, predictions and expectations, gaze at traditional, smart, and portable screens, waiting for an anticipated globally important event. Some observers are enthusiastic, others are indifferent – but everyone awaits the results.
But this is no sporting championship.…
TUNISIA’S TEXTILE SECTOR SHRUGS OFF COUNTRY’S POLITICAL TURMOIL AND TARGETS GROWTH
The leaders of Tunisian textile industry argue that their independent development plans will help them weather Tunisia’s ongoing political storms, staying on track in growing export and internal markets.
When President Kais Saied announced froze parliament and sacked Prime Minister Hichem Mechichi on July 25 (2021), there were initially scenes of jubilation, but these have morphed into fears about instability and uncertainty as he gathered power into his hands to rule by presidential decree.…
FALLS IN KEY SUPPLIES AND DOMESTIC MARKET WEAKNESSES PREVENT MEXICO AUTOMAKERS FROM RECOVERING AS COVID-19 EBBS
Automotive associations and manufacturers in Mexico admit that their country’s automotive industry is registering a much slower rate of Covid-19 recovery than expected due to supplies shortages, which have especially impeded light vehicle production – cars, CUVs, SUVs and pick-ups.
In early October, the Mexican Automotive Industry Association, (Asociación Mexicana de la Industria Automotriz – AMIA) noted that light vehicle sales in September in Mexico were 76,930 units, meaning 1.1% less than the number recorded during September 2020, when the pandemic was ravaging Mexico’s economy, which lost 8.5% of its GDP last year (2020).…
SPAIN TRIES TO RECOVER ITS GOLDEN PLACE IN THE MUSLIM WORLD
Spain, which in the early Middle Ages was part of Islamic state called Al-Andalus – remembered as a golden age of Spanish tolerance and reason – has finally started to seriously play to win in the global halal market, through tourism and exports.…
SPAIN BOOSTS HALAL TOURISM AND FOOD SALES – LOOKING FOR GROWTH IN THE POST-COVID-19 WORLD
Spain has been expanding its halal tourism and food sales, as it leverages its geographical proximity to Muslim countries in north Africa to provide travel and accommodation services.
In the CrescentRating Global Muslim Travel Index 2021, by CrescentRating & Mastercard, Spain climbed six positions to the 16th in the top non-Organisation of Islamic Cooperation (OIC) destinations (https://www.crescentrating.com/reports/global-muslim-travel-index-2021.html).…
SOUTH KOREA’S PHARMA SECTOR PROBES HALAL MARKET WITH INDONESIAN PARTNERS
South Korea’s pharmaceutical industry, a global player with exports reaching South Korean Won KRW7.93 trillion (USD6.8 billion) in 2020, has been expanding its foothold in the world’s Muslim markets, offering guarantees that manufacturers avoid inputs that are offensive to Muslims.…
INDONESIA’S HALAL PHARMA SECTOR GROWS, BUT RELIANCE ON IMPORTED UNCERTIFIED INGREDIENTS IMPEDES DEVELOPMENT
Indonesia’s drive to require pharmaceutical products to be halal-certified is gathering pace, but the country’s pharma industry’s reliance on imported raw materials for medicines is impeding progress, officials and industry players say.
In October, Indonesia issued a government regulation requiring pharmaceutical products to be certified halal by 2029 for over-the-counter drugs and 2034 for prescription medicines.…