Search Results for: hong Kong

PHOTOS posted on the Chinese microblog platform Weixin (commonly known in English as WeChat) from the Indonesian holiday island of Bali recently are emblematic of key trends in China’s cosmetics and personal care markets, notably booming ecommerce sales. Over 100 Chinese sales managers – technically self-employed and operating on commission – flew to Bali as guests of USANA Health Sciences Inc, which in 2010 acquired BabyCare Ltd, a China-based direct selling company that develops, manufactures and sells nutritional products.…

DENMARK’S organic meat exports to Asia, fuelled especially by sales to mainland China and Hong Kong, rose steadily in 2015 compared with the year before. This promising market now accounts for 4% to 5% of total organic meat exports from this key European meat producer, growng from zero in 2013, industry experts have said.…

THE INTERNATIONAL Confederation of European Beet Growers (CIBE) and the European Association of Sugar Producers (CEFS-Comité Européen des Fabricants de Sucre) have jointly called on the European Union (EU) to continue protecting producers with import tariffs, even as the EU negotiates 12 trade deals affecting the food industry.…

Vietnam’s upstream textile manufacturing sector remains hampered by lack of investment, poor infrastructure and personnel shortages, although government efforts are expected to ease some difficulties, a seminar at the recent VTG Textile & Garment Exhibition in Ho Chi Minh City (HCMC) has heard.…

Central Bank theft – casino repercussions: the Philippines

The theft in February of $101m from the Bangladesh Bank account at the Federal Reserve Bank New York in an audacious hack of SWIFT codes saw funds flow to casino accounts at Rizal Commercial Banking Corporation in the Philippines.…

THE EUROPEAN Commission’s pledge to put meat and livestock produce second in its 2017 European Union (EU) agri-food promotion campaign (making up 15% of the programmes) has been welcomed by the industry. The announcement came during the release of a EUR133 million marketing budget for EU agri-food producers for 2017, up from EUR111 million in 2016.…

Vietnam’ clothing and textile industry has been assessing the impact of losing an anticipated huge garment export boost under the Trans-Pacific Partnership (TPP) now that US president-elect Donald Trump has promised to sign an executive order pulling out of the 12-nation trade deal.…

THE MALAYSIAN government has released its 2017 budget with a pledge to reduce corporation tax by between 1% and 4% for companies with significant increases in taxable income during 2017 and 2018. The budget will also mandate a cut in income tax from 19% to 18% for small-and-medium-sized enterprises (SMEs).…

The world’s leading sportswear brands and manufacturers are struggling to equip their factories with the robotic cyberphysical systems (CPS) element of Industry 4.0 processes, at least in the near term, a major international conference has heard.

Last week’s World Federation of Sporting Goods Industry (WFSGI) Manufacturers Forum in Taichung, Taiwan, (held on November 15-16), played host to delegates from 20 countries representing brands such as adidas, Nike and Giant Bicycles, market-leading manufacturers such as Taiwan’s footwear specialist Pou Chen, as well as academics and Industry 4.0 experts.…

HONG Kong shirt maker Esquel has launched a new private brand Determinant, for men in mainland China who wish to buy an affordable, decent shirt, but CEO John Cheh insists that making shirts for major outside labels will remain the company’s priority.…