Search Results for: hong Kong
10 results out of 961 results found for 'hong Kong'.
GLOBAL CLOTHING AND TEXTILE EXPERTS URGE CHANGES SO CHINA MANUFACTURING SECTOR CAN FACE NEW CHALLENGES
INTERNATIONAL clothing and textile experts gathered near Shanghai last week (September 23-7) to discuss solutions to China’s twin challenges – dealing with less foreign demand, while managing rising production costs.
Speaking at the 29th World Fashion Convention, Shanghai, staged in nearby Kunshan, Texhong CEO Hong Tianzhu told delegates it was time for Chinese manufacturers to upgrade their plant and processes, while moving some production outside China.…
BRUSSELS APPROVES BRAZIL-BASED INTERNATIONAL MEAT COMPANY EXPANSION
A SIGNIFICANT set of acquisitions by Brazilian meat major JBS has been given European Union (EU) regulatory approval by the European Commission. Acting as Europe’s international competition regulator, the Commission approved JBS’ purchase from Brazilian food processor Marfrig Alimentos of Netherlands-based Columbus Netherlands BV also known as Zenda) and six Brazilian-based companies that together form the Seara group.…
VIETNAM EXHIBITION ANTICIPATES DEMAND FOR TECHNOLOGY RISING AS TEXTILE SECTOR EXPANDS
VIETNAM’S plans to undertake a major expansion of its textile, texting finishing and fibre production sector were a key focus of an International Exhibition on Garment Manufacturing Equipment and Fabric, held in Ho Chi Minh City from July 11-13. WTiN.com attended the conference, where 125 exhibitors from 17 countries and regions showcased a range of garments, leather and footwear, and other industry products.…
HALAL COSMETICS BOOMING IN ASIA, GAINING TRACTION IN THE WEST
CONSUMERS in Asia and the Middle East are continuing to grow the market for halal cosmetics – until now, a relatively overlooked industry in halal certification – but suppliers are struggling to keep up with demand. Meanwhile, non-Moslems in the west are starting to buy these products, attracted by their natural and mild ingredients.…
FRANCE WINS OUT IN COSMETICS BATTLE WITH JAPAN
FRANCE and Japan have two of the world’s most powerful personal care product sectors, but their companies fare quite differently when trying to sell into each other’s markets. The glamour of the French industry is a strong calling card in Japan, while Japanese manufacturers must work harder to persuade French consumers to buy their wares because of their technical excellence.…
THE LONG ROAD TO INTERNATIONALISATION OF THE CHINESE YUAN RENMINBI
A much anticipated meeting of the Chinese leadership in October may offer the clearest timetable yet for the internationalisation of China’s currency, the Chinese Yuan Renminbi (CNY). Full convertibility of the Chinese currency is a stated goal of government here but progress has sometimes been slow, though suggestions from economists in Beijing indicate the currency may be fully convertible by 2017.…
CHINA’S HUGE INVESTMENT IN LATIN AMERICA IS A GREAT OPPORTUNITY BUT WHAT ARE THE RISKS?
THERE was much fanfare in Managua in June when Nicaraguan officials granted a concession to build a USD40 billion canal, which would challenge the great Panama Canal. The unlikely builder: a Chinese businessman, Wang Jing, chairman of China-based Xinwei Telecom Enterprise Group and president of the newly established Hong Kong Nicaragua Canal Development Investment Co.…
SINGAPORE JOINS THE TOP TABLE FOR TAX TRANSPARENCY, AND PREDICTS CONTINUED FINANCIAL STABILITY
IN signing up to the Organisation for Economic Cooperation & Development’s (OECD) multilateral agreement on tax information transparency, Singapore has moved to address a major paradox that applies to its banking, business and financial operations.
Singapore scores exceptionally highly in global anti-corruption indexes – in 2012 it was ranked fifth by Transparency International out of 176 nations, behind only Denmark, Finland, New Zealand and Finland, for its lack of perceived corruption.…
IF INDIA INTEGRATES AND INVESTS, IT CAN RIVAL CHINA AS CLOTHING EXPORTER, CONFERENCE TOLD
THE INDIAN apparel industry has made progress with backward integration over last five years but exporters rely too heavily on refunds of custom duties when re-exporting apparel based on fabrics and fibres bought outside the country, a Li & Fung India executive told a New Delhi conference on Friday (July 19).…
MANUFACTURERS SEEK IMPROVEMENTS IN SPEED, PRESSURED BY FAST FASHION RETAIL
To meet apparel and textile brands’ desire to move into fast fashion, manufacturers have begun to embrace new production processes that improve efficiency and performance. Apparel and textile manufacturers have been slower than many other manufacturing industries to embrace supply chain improvements in speed, but are now succumbing to pressure from brands moving into fast fashion retail.…