Search Results for: japan

The challenges of working out whether textiles are sourced, produced or manufactured ethically are magnified by the plethora of eco-labelling schemes that apply to the industry. According to the Vancouver, Canada-based Ecolabel Index (www.ecolabelindex.com) there are 436 ecolabels worldwide, of which at least 24 cover textiles, clothes, other apparel and garments (while several others potentially overlap into the industry).…

INVESTORS have shown faith in the long term prospects of the Bangladesh clothing and textile sector, with four garment factories costing nearly USD50 million to build starting operations in Bangladesh’s Comilla Export Processing Zone this year (EPZ), its general manager MD Abdus Sobhan told just-style.…

clothing and textile industry, largely destroyed by the country’s 27 year civil war, is now being revived, with USD 1 billion’s worth of investment provided by the Japanese Bank for International Cooperation. (JBIC)

The money will fund the development of three major plants, with Japan’s Marubeni Corporation being the “EPC contractor who supplies not only engineering, equipment and construction but also training for operation staffs for all the factories and arranges the appropriate finance package…,” a spokesperson from Marubeni’s head office in Tokyo, Japan told just-style.…

INDIA’S largest dairy brand Amul is expanding beyond India for the first time by planning to launch its first offshore production facility in the United States. In a joint venture with a local dairy in upstate New York, in Waterloo, between Rochester and Syracuse, Amul will produce specialised products for the sizable Indian community living on the east coast of United States.…

THE LEADERS of eight of the world’s leading economies have pledged to crack down on misuse of companies and legal arrangements to evade tax and launder money.

It raises the prospect of national registries of beneficial ownership for companies and trusts in Canada, France, Germany, Italy, Japan, Russia, USA, and in the UK, which had already announced plans to force registration of beneficial ownership at Britain’s Companies House registry.…

While the American civil aviation sector has its problems, the long term future is bright, according to the USA’s Federal Aviation Administration’s (FAA). In a groundbreaking forecast released last March (2012), it predicted the US industry would grow steadily over the next 20 years, reaching 1.2 billion passengers flying commercially by 2024, compared to 731 million in 2011.…

EUROPEAN Union (EU) negotiators are approaching the final decision over the future of EU sugar quotas, with a deal expected between the European Parliament and EU Council of Ministers by the end of June. What is almost certain is the current phase-out date of 2015 is dead.…

Personal care product investors and traders are eyeing Burma with a “gold rush mentality,” Marita Schimpl, head of qualitative research and new business development at Yangon-based Myanmar Survey Research (MSR), has told Soap Perfumery and Cosmetics.

Now that Burma has opened up to trade and investment and international sanctions are falling away because of democratisation, Ms Schimpl said: “Everyone thinks they can’t miss out.…

CAR parts suppliers in the US, the European Union (EU) and Japan will be better equipped to comply with environmental regulations as a result of an international alliance forged by the industry, its American representative has claimed. David Lalain, vice president of the Automotive Industry Action Group (AIAG) welcomed AIAG joining forces with the European Association of Automotive Suppliers (CLEPA) and the Japan Auto Parts Industries Association (JAPIA) in a global cooperation deal.…

It is always nice to hear refreshing candour from a senior accounting executive – and that’s what you get from TV Mohandas Pai, Indian chartered accountant (CA) and former CFO of information technology giant Infosys. Take that, giants of the world’s accounting sector: “The big four are more interested in the commercial success of their own businesses rather than putting back money into the profession,” Mr Pai told Accounting & Business in a no-holds-barred interview at his Bangalore office.…