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China has become New Zealand’s second largest market for beef and the largest for its lamb in the 12 months ending March 31, 2015, the Meat Industrial Association (MIA) of New Zealand has told GlobalMeatNews. In that time, 11% of New Zealand’s overseas beef sales by volume went to China, while 53% was exported to the US.…

CHINA’S upstream textile and finishing suppliers to its mighty clothing industry face a struggle to survive now its government’s ‘Water Pollution Prevention and Control Action Plan’ has been released.
The State Council (cabinet) issued the plan on April 16. It aims to improve the quality of drinking water sources to a new set of standards by 2020, tightening these further by 2030.…

Deadly accidents such as the Rana Plaza disaster may have earned the Bangladesh textile and clothing sector notoriety, but there is a new generation of firms trying to erase that spot on the industry’s reputation.
Smart entrepreneurs are now courting buyers through a new sales pitch: sustainable production.…

China’s garment sector has come a long way in achieving sustainability and social compliance. It has been under pressure from a top-down government crusade against pollution, and foreign fashion brands’ wariness of being accused of making money with polluting and labour-exploitative supply chains.…

In recent years, brands that source from textile and garments manufacturers in Asia have been targeted by bad publicity for everything from poor wages, long hours and dangerous exposure to chemicals and unsustainable use of water.
In response, they have tended not to work unilaterally but to sign up for either regional or international standards schemes, or co-operate on open platforms, where knowledge is shared.…

Sustainability improvements in the Asian outsourced clothing and textile sector are far from being the sole preserve of China. In Cambodia, Tonlé, a sustainable garment-making firm based in Phnom Penh, obtains 90% of its fabric from factory cut-out and 10% through sustainable suppliers to make a zero-waste clothing line.…

In the past decade, Thailand has undergone a serious of political upheavals, coups and reversals of power that have left deep divisions within the country. But while opposing factions are still arguing about the future direction of the country, there is one point on which almost every side in Thailand can agree: the Thai tax system is sorely in need of an overhaul.…

AN AGREEMENT on streamlining reviews in Malaysia, Singapore and Thailand of offers or listings of equity or plain debt securities has been secured. It has been written into a memorandum of understanding designed to promote common prospectuses in the Association of Southeast Asian Nations (ASEAN).…

THE MONETARY Authority of Singapore (MAS) has published a system for identifying and supervising domestic systemically important banks (D-SIBs) in Singapore. The authority has also released an inaugural list, including the DBS Bank; the Oversea-Chinese Banking Corporation; the United Overseas Bank; Citibank; the Malayan Banking Berhad; the Standard Chartered Bank; and the HSBC.…

Vietnam held its annual Vietnam Saigon Textile & Industry Expo in combination with the Vietnam Saigon Garment & Accessories Machinery Expo from April 9-12, the double event serving as a barometer for the sectors’ high expectations about the country joining the Trans-Pacific Partnership (TPP) trade deal.…