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IVORY Coast has imported more than double the value of cosmetic products in 2015 when compared with 2009, from the European Union (EU) alone, signaling the creation of a booming domestic beauty market as the country emerges from a civil war that ended in 2011.…

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).…

UNITED States President-elect Donald Trump’s commitment to withdraw the US from the Trans-Pacific Partnership (TPP) trade deal, condemning the deal as a “potential disaster for our country”, has received the thumbs-down from the cosmetics industry.

“TPP represents an important step forward for the cosmetics industry in the signatory countries, containing as it does a specific annex for cosmetics and personal care,” Cosmetics Europe director general John Chave told Soap Perfumery & Cosmetics.…

SINCE the bulk of textile and apparel and production moved offshore from the wealthy city state of Singapore – seeking lower costs labour elsewhere – the country has become an industry innovator, and experts say this trend will continue.

The United States department of commerce (DoC) said in a report issued in May (2016): “Manufacturing has moved offshore to mainly other countries in the region, forcing the textile and apparel sector to reinvent itself and focus on research and development.”…

PAKISTAN’S denim export industry hopes that help for the textile announced by the government in February (exemption from paying sales tax and payment of long overdue tax refunds) and in a meeting with industry leaders in September (a promised reduction in energy costs) will boost this promising segment.…

THE SHORTAGE of skilled labour is the “second most pressing issue next to political instability” that is hindering growth in Thailand manufacturing firms, a Bangkok-based World Bank expert has told People Management.

Indeed, the south-east Asian country’s skilled labour shortage has been getting worse: for example, the number of weeks it takes to fill a vacancy for a skilled worker in Thailand has increased from about five weeks on average in 2007 to about eight weeks in 2015, said the World Bank’s east Asia and Pacific programme leader for poverty and human development Lars Sondergaard.…

Non-wovens textile manufacturers are likely to benefit from a soaring Chinese market for their products, thanks to a fast ageing population, the government’s recently launched two-child policy, and demand created by air pollution that continues to plague the country, and international conference in Shanghai has head.…

A severe shortage of ‘wagyu’ calves in Japan is putting pressure on producers of this special native beef livestock, as calf prices soar and breeders risk a fall in turnover. At wagyu auctions nationwide, a beef cattle calf is being sold for Japanese Yen JPY800,000 yen (USD7,705) on average in 2016, up from about JPY550,000 (USD5,300) in 2014, according to the Nikkei Asian Review financial newspaper.…

Vietnam’s National Salary Council may have increased the country-wide minimum wage by the smallest proportion in a decade of such rises (7.3% for 2017), but the country’s clothing manufacturers are still warning this is a hike too far.

The Vietnam Textile & Apparel Association (VITAS) has opposed the increase.…

Fast fashion is all about getting product to market quickly without over-spending. And while new technologies such as digital printing machinery can speed up the process, they can also add cost.

Guido Schlossmann, president and chief executive officer of Thailand-based consultants Synergies Worldwide, stressed to just-style that the key issue is getting the balance right.…