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ARGENTINA MULLS CREATION OF POTENTIALLY VALUABLE GUANACO FIBRE, WOOL AND FABRIC INDUSTRY
Argentina has potential to develop a lucrative business for exporting guanaco fibre, one of the finest in the world, but it will take investment, government support and marketing to make it happen, experts say.
“The medium and long-term market is very promising since these products go to a sector that values social, environmental and cultural sustainability, something that is increasingly rooted in middle- and high-income sectors,” Luciano Galfione, CEO of Textil de los Andes (TexAndes), a maker of guanaco and other natural fibres and yarns in San Fernando del Valle de Catamarca in north-western Argentina, told Twist International.…
PORTUGUESE HALAL MARKET GROWING TOWARDS SUSTAINABLE AND SIGNIFICANT FUTURE
The food halal market for Portugal, a largely Christian country that was in the early Middle Ages part of the Muslim world, has been expanding, serving a growing local Muslim community and Muslim tourists keen to taste Portuguese food.
Between 711 and 1249, most of Portugal was under Muslim rule, which influenced its language and culture.…
SOUTH AFRICA RESPONDS TO FATF CALL TO ACTION, AS LAW ENFORCEMENT REBUILT UNDER PRESIDENT RAMAPHOSA
South Africa has a lot to do to improve its regulatory oversight and more effectively tackle money laundering, which its FIU, the Financial Intelligence Centre, readily admits, as the country addresses shortcomings highlighted in its latest Financial Action Task Force (FATF) mutual evaluation report (MER).…
KNITWEAR INTERNATIONAL INNOVATION ROUND UP
With its complex supply and distribution chain, the international knitwear sector fosters innovation, with commercial partners cross-fertilising technical and design ideas that span digitisation and mechanical smarts, as well as consumer-focused creativity.
One key area of innovation in the past year has been warp knitting – for instance by leading northern Italian warp seamless knitwear manufacturer Cifra (1), which last December (2020) launched an innovative and sustainable garment concept for women, spanning beachwear, athleisure bodywear and lingerie.…
INNOVATIVE ONLINE MERCEDES-BENZ FASHION WEEK ISTANBUL EXPANDS GLOBAL REACH OF TURKISH CLOTHING AND TEXTILE SECTOR
Istanbul is gearing up for its second fashion week of 2021, with the expectation of repeating the success of previous virtual events that reached some 25 million viewers worldwide.
With a physical Mercedes-Benz Istanbul Fashion Week (IFW) not feasible in 2020 due to the Covid-19 pandemic, the organisers pivoted to a virtual event.…
WILL THE ARAB POLITICAL MIND REMAIN CAPTIVE TO THE HISTORY?
Only a foolish person would deny the importance of culture and historical consciousness on the present behaviour of humankind, and that counts maybe double for the Arab world, where citizens often view society through a more ideological or religious lens than – say – in the west.…
THE CORONAVIRUS HAS FUELLED RENEWED GEOSTRATEGIC COMPETITION
A key political question emerging from the Coronavirus pandemic has been how the disease might readjust relations between this world’s two largest powers – the United States and China. The two countries have had two very different experiences of Covid-19, which reflect their contrasting social and political systems.…
THE HAND OF POLITICS AND THE HUMAN SOUL: COMRADES OR SERVANTS?
While the Arab world certainly has a political culture of its own, there are many universal human truths that its politics shares with the rest of the globe, even if – perhaps – tensions can be more intense in this region than others.…
CRYPTO-CURRENCY WORLD MORPHS AND DEVELOPS NEW AML/CFT RISKS AS TI CHANGES
Cryptocurrency innovation is moving fast, with AML/CFT-oriented financial institutions and law enforcement struggling to keep up as criminals exploit the system through newer technology such as decentralised finance and anonymous privacy coins.
The use of cryptocurrencies is surging, and is increasingly being adopted in more, often unregulated, markets.…
BANGLADESH PLANS TO TAP INTO UNTAPPED FANCY LINGERIE MARKETS OVERSEAS
The Bangladesh innerwear industry has been witnessing robust growth in the past decade and this outsourcing hub is now competing effectively with its major rival China. The production value of the country’s intimate wear jumped from US216 million in 2012 to US1.078 billion in 2021, according to a report from data service Statista (1).…