Search Results for: hong Kong
10 results out of 961 results found for 'hong Kong'.
VIETNAM RIOTS CAUSED SERIOUS DAMAGE, BUT FOREIGN INVESTMENT PULLOUT UNLIKELY
A SUPERVISOR of an American company in Vietnam’s Binh Duong Province has told just-style how she saw demonstrations against foreign ownership of clothing and textile companies turn into ugly riots. But industry insiders in other Asian countries claim the resulting damage will not seriously deter future foreign investment.…
NAMIBIA READY TO EXPORT BEEF TO HONG KONG AFTER MAY AUDIT
NAMIBIA is ready to export its first batch of beef to Hong Kong after an audit carried out last month (May) by the Hong Kong Centre for Food Safety.
“If all goes well, the country will be the first in Africa to export beef to Hong Kong,” Goliath Tujendapi, manager of trade & strategic marketing at the Meat Board of Namibia, told globalmeatnews.com.…
SINGAPORE AIMS TO BOOST ITS INTERNATIONAL AML REPUTATION
SINGAPORE has been working hard to lose its past reputation for lax anti-money laundering (AML) controls.
Its ‘steering committee for combating money laundering and terrorist financing,’ jointly headed by the ministry of home affairs, ministry of finance, and the monetary authority of Singapore (MAS) published the country’s first ‘national risk assessment report’ on money laundering and terrorist financing in January 2014.…
ITC TRIES TO REVIVE CAMBODIA’S SILK INDUSTRY
THE INTERNATIONAL Trade Centre (ITC) and the Cambodian ministry of commerce are trying to revive Cambodia’s silk production sector, as the country is importing almost all its total 400 tonnes annual raw silk requirement.
Currently, only five tonnes of Cambodian silk, which is noteworthy because of its natural yellow colour, is produced in the country each year.…
VIETNAMESE TEXTILE EXPO SHOWCASES FOREIGN INTERESTS
At this year’s Vietnam Textile & Garment Industry Expo, which bills itself as “the biggest and the most important event in the textile and garment industry of Vietnam”, only 60 of the 502 companies exhibiting were Vietnamese. WTiN.com visited the show, in Ho Chi Minh City, last month noting that 283 exhibitors were Chinese companies, with fabric, accessories and machinery manufacturers of 22 other countries making up the rest.…
DEE POON PRESIDES OVER REBIRTH OF HONG KONG LUXURY SHIRT-RETAILER PYE
Asking a 31-year old with little prior branding experience to turn around the fortunes of a retail brand almost as old as her may seem foolhardy, yet the quirkiness and fresh perspective commanded by Dee Poon may deliver the rebranding success the ageing high-end shirt specialist PYE needs.…
JAPAN ADMITS PUSHING EUROPE FOR FLEXIBILITY ON SHIPBREAKING STANDARDS
The shipbuilding director for the Japan External Trade Organisation (JETRO) has confirmed to Steel First that his government is seeking to influence the European Union (EU) as it clarifies the rules of its shipbreaking regulation, which came into force last December (2013).…
NEW PLAYERS PUSH FOR BUSINESS AS ESTABLISHED COMPETITORS LOST COST AND SAFETY ADVANTAGE
The increasingly fluid global market for outsourcing enables brands to switch countries for their manufacturing needs, and it is in the interest of exporting countries to make it easy for them.
Cambodia’s garment industry has been the beneficiary of sourcing shifts from more expensive countries such as China in recent years, attracting manufacturers with some of the lowest labour costs in the world, a past reputation for reasonable working conditions and favoured access to US and European Union (EU) markets.…
HK GARMENT MANUFACTURERS EYE MYANMAR OUTSOURCING
A leading Hong Kong politician has confirmed that 12 Hong Kong garment companies have decided to build plants in Myanmar’s Thilawa Special Economic Zone (Thilawa SEZ), covering 2,400 hectares in Yangon.
Felix Chung, a textile and garment industry representative member of Hong Kong’s Legislative Council spoke about the plans at a seminar held on Monday (April 14) at Hong Kong’s Clothing Industrial Training Authority.…
CHINA STARTS TO SHED LOWER END OUTSOURCING
AS labour costs in China continue to rise, its apparel and textile industry is seeing orders being transferred to other outsourcing locations as foreign buyers seek lower cost manufacturers. This move could be especially damaging for smaller, low-end Chinese manufacturers, leaving China-based orders increasingly concentrated amongst larger companies, according to a report from the China Cotton Textile Association: “Small to medium manufacturers said their orders dropped sharply during the first quarter of the year while big manufacturers said they had enough orders to keep them busy,” it explained.…