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PAKISTAN’S ministry of industries and production has granted Category-A Greenfield investment status to four automobile manufacturing investors to set up manufacturing plants – effectively greenlighting their projects to establish auto-making plants in the country.

Shah Jahan Shah, spokesperson for Pakistan’s ministry of industries and production said he ministry had signed an agreement with these July 17 (2017).…

ORGANISERS of a major three-day India Textile 2017 exhibition in Gujarat have hoped to use the event to encourage product diversification and better supply chain links within the country’s growing textile sector.

Indian Prime Minister Narendra Modi’s oft quoted maxim – ‘from farm to fibre, fibre to fabric, fabric to fashion and fashion to foreign markets’ – was the guiding principle for the event that concluded in Gujarat’s capital Gandhinagar on July 2.…

THE POLITICAL standoff between India and Pakistan may dominate the news headlines but India’s synthetic textiles, yarn and fibre are starting to find an increasing number of Pakistani buyers.

According to Kripabar Baruah, joint director, Synthetic and Rayon Textile Export Promotion Council (SRTEPC), exports to Pakistan that had fallen in 2014-5, and 2015-6, have grown in the current financial year (2016-17).…

Russia and three Gulf countries are planning to establish an aluminium industry association whose goal is reducing overproduction in the global market, raising prices for the metal.

Despite the ongoing diplomatic standoff between Qatar and its neighbours, the Russian government says it has already started talks with the governments of Bahrain, the United Arab Emirates (UAE) and Qatar, regarding establishing the new association.…

Hong Kong has long been used to stories about “brain drains” – talented youngsters lured to work abroad having had enough of the city’s overpricing, overcrowding and pollution. Montreal, Melbourne, Michigan, in fact just about anywhere looks better than somewhere like Mong Kok, a gritty section of Kowloon with a population of around 130,000 per square kilometre, where high-rises blot out the sun and there’s little in the way of open space.…

Russia and three Gulf countries are planning to establish an aluminium industry association whose goal is reducing overproduction in the global market, raising prices for the metal.

Despite the ongoing diplomatic standoff between Qatar and its neighbours, the Russian government says it has already started talks with the governments of Bahrain, the United Arab Emirates (UAE) and Qatar, regarding establishing the new association.…

THE EUROPEAN Union’s (EU) projected comprehensive trade deal with Japan, agreed in principle at a July 6 EU-Japan summit in Brussels, will benefit exporters of Europe-produced non-ferrous metals, experts have told Metal Bulletin. Japanese non-ferrous metal exporters are more cautious about the potential benefits for their industry, however.…

THE QATAR government is hopeful that its recent diplomatic black-balling by other Gulf states over its supposedly liberal approach to Islamic activists will not damage its oil and gas production or exports. A Qatar ministry of energy and industry ministry spokesman has told the government-run Qatar News Agency: “We have no reasons to be concerned about gas supplies…This is a diplomatic row that should not result in an economic blockade.”…

Myanmar human resources managers are facing a challenge managing a flood of qualified professionals return home from abroad in the past half-decade, with the country’s government transitioning from military to civilian rule and opening up the economy.

At first it may seem that Myanmar returnees – so called ‘re-pats’ – would be ideally placed to prosper in a local business environment.…

LEGISLATION has been proposed in the USA Senate designed to prevent money launderers evade anti-money laundering controls by making a series of transactions each under the USD10,000 threshold sparking regulatory reports by financial institutions. The rule has been abused by launderers and a law proposed by Iowa Republican Senator Chuck Grassley and California Democrat Dianne Feinstein clarifies that USA AML controls should apply to a series of such payments.…