Search Results for: hong Kong
10 results out of 961 results found for 'hong Kong'.
HONG KONG – MAINLAND CHINA’S PRIVILEGED TRADING PARTNER
One key supplier to the Chinese market that has all the advantages – in terms of market access, business connections and cultural awareness is Hong Kong’s cosmetics and personal care product sector. Its reputation for quality and the special administrative region’s proximity to mainland economic powerhouse Guangdong helps.…
BANGLADESH LOOKS TO ITS LAURELS AS ASIAN KNITWEAR RIVALS POWER UP
SOURCING in Asia has been a merry-go-round for many buyers in recent years. As the era of low-cost Chinese manufacturing draws more or less to a close, several countries have leveraged their low cost labour to capture a significant volume of the world’s lower end knitwear manufacturing, while others have sought to extend their reach into higher value-added manufacturing by investing in infrastructure and training.…
BANGLADESH LOOKS TO ITS LAURELS AS ASIAN KNITWEAR RIVALS POWER UP
SOURCING in Asia has been a merry-go-round for many buyers in recent years. As the era of low-cost Chinese manufacturing draws more or less to a close, several countries have leveraged their low cost labour to capture a significant volume of the world’s lower end knitwear manufacturing, while others have sought to extend their reach into higher value-added manufacturing by investing in infrastructure and training.…
MALAYSIAN CLOTHING MANUFACTURERS WANT TO REINTRODUCE LOW PAID PROBATION FOR FOREIGN WORKERS
As a minimum wage law goes into effect this month in Malaysia, the Malaysian Textile Manufacturers Association (MTMA) is asking the government to allow its members to reintroduce a lower-paid probationary period for foreign workers.
Companies in the textile and apparel industry commonly place new employees under a 3-6 month probationary period during which they receive a salary 30% lower than their full wage, according to MTMA chief executive officer Andrew Hong.…
THAI CLOTHING INDUSTRY WARNS POLITICAL CRISIS COULD DEPRESS FUTURE EXPORTS
Thailand’s garment industry has not yet felt an economic impact from the country’s ongoing political unrest, but the unstable environment presents a serious challenge moving forward, a senior industry figure told just-style.
Chartchai Singhadeja, director of the Thai Garment Manufacturers Association’s Overseas Trade and Investment Centre, said that large-scale manufacturers are fulfilling existing export orders without a notable drop off.…
TAIWAN BETS ON FUNCTIONAL KNIT FABRICS
Functional knit fabrics bucked the trend in 2013 as Taiwan’s exports of textile and apparel products declined 1% by value to end at USD11.7 billion.
“Overseas sales of Taiwan-made functional knit fabrics increased 8.8% in 2013. We think it will continue to rise in 2014 along with the popularity of outdoor wear and sportswear,” said Chen Hong Yi, a manager at the Taiwan Textile Federation (TTF).…
MALAYSIAN FINISHING INDUSTRY OUTLOOK OPTIMISTIC DESPITE CHALLENGING CLIMATE
A country famed for its beautiful traditional ‘batik,’ Malaysia is also home to a highly specialised textiles industry and these niche skills may prove vital for the country’s numerous finishing factories in what is shaping up to a challenging year. Economists are predicting a general slowing of the Malaysian economy, with average real gross domestic product (GDP) growth for the next five years estimated in Q4 2013 at 3.4%, revised down 0.2% from Q4 in 2012 (slightly slower than the Asian average of 3.7%), according to the Ifo Institute for Economic Research/International Chamber of Commerce’s World Economic Survey of business experts published in November last year.…
TAIWAN’S TEXTILE FINISHING SECTOR GOING GREEN FOR GROWTH
THE TAIWAN textile dyeing and finishing sectors have never quite recovered from the World Trade Organisation’s (WTO) abolition of global textile quotas in 2005. It resulted in the closure of many stand-alone units by making their labour-intensive manufacturing processes on the relatively wealthy island uncompetitive.…
TAIWAN’S TEXTILE FINISHING SECTOR GOING GREEN FOR GROWTH
BY JENS KASTNER, in Taipei
THE TAIWAN textile dyeing and finishing sectors have never quite recovered from the World Trade Organisation’s (WTO) abolition of global textile quotas in 2005. It resulted in the closure of many stand-alone units by making their labour-intensive manufacturing processes on the relatively wealthy island uncompetitive.…
MALAYSIAN FINISHING INDUSTRY OUTLOOK OPTIMISTIC DESPITE CHALLENGING CLIMATE
BY LEE ADENDORFF
A country famed for its beautiful traditional ‘batik,’ Malaysia is also home to a highly specialised textiles industry and these niche skills may prove vital for the country’s numerous finishing factories in what is shaping up to a challenging year.…