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ONCE clothing sourcing was all about China. No longer. Recent years have seen a continuous decline in China’s export industry, especially in labour-intensive sectors such as clothing and shoe manufacturing, because of rising labour costs and an appreciating Chinese Yuan Renminbi (CNY or RMB).…

SPECIAL trade access to developed countries is always a boon to emerging market suppliers, and the European Union’s (EU) GSP+ system is especially sought after, and – noted a recent European Commission report – widely utilised.

GSP+ suspends EU duties on 66% of EU tariff lines, while for standard GSP, these same duties are merely reduced.…

THE INDIAN government’s decision to increase its available subsidies to help companies purchase new textile machinery from 10% to 15% will boost the investment in the country’s technical textile sector, which has been struggling to build big capacities.

Under the ‘Amended Technology Upgradation Fund Scheme (TUFS)’, from January 14 (2016), a producer of technical textiles can avail itself of up to USD4.5 million as capital investment subsidy.…

Boxes are not known for their excitement, but personal care product companies are making secondary packaging more alluring by designing them to give consumers an enticing glimpse of the goods inside. They are also using their collective imaginations to create aesthetically desirable mixes of different materials and textures, maybe combining these with visually arresting spatial design.…

Chinese tourism is changing the locations where cosmetics are sold internationally – and also changing how corporations are marketing to a savvier and better travelled breed of Chinese consumers, according to a detailed research report by a Hong Kong investment bank.…

Australian and New Zealand confectionery and ice cream manufacturers have been broadly supportive of the Trans-Pacific Partnership (TPP) agreement that was finalised towards the end of 2015, recognising the potential for securing export sales in lucrative Asian markets. That said, there is some caution, given the TPP delivers more potential for America’s juggernaut of a confectionery sector to roll into local stores.…

MANUFACTURERS of powder coatings in Asia are creating multiple applications products, such as combined fire retardants and anti-bacterial materials, whilst looking to maximise the use of sustainable ingredients. Producers in Japan, Taiwan, and South Korea especially continue to produce innovative solutions.…

Changing management styles is key the success of corporate gender diversity initiatives in the Gulf region and elsewhere, participants of a recent networking breakfast hosted by the Association of Chartered Certified Accountants (ACCA) have concurred.

Entitled ‘Lead the Change: increasing gender diversity to boost performance’, the event was held on February 7 at the Shangri-La Dubai hotel and was attended by more than 60 CFOs and senior finance professionals.…

Automotive industry experts seem to agree – past concerns that tough environmental laws could force auto-manufacturing from a green jurisdiction to a country or region with laxer controls, no longer see to apply.

In doing so, industry specialists are backing the conclusions of a new report from the world’s largest think-tank, the Paris-based Organisation for Economic Co-operation & Development (OECD), which said following tighter environmental rules can be good business.…

THE PAKISTAN government has unveiled a new five-year industrial plan aimed at growing the country’s automotive manufacturing sector. The government says it will waive import duties on materials and technology needed to establish new auto plants in Pakistan and also reduce import duties charged on auto parts once these factories are operational.…