Search Results for: Thai
10 results out of 249 results found for 'Thai'.
SOUTH EAST ASIA MAYBE COMPLEX REGIONAL MARKET, BUT GROWTH IN SALES IS BEING WITNESSED ACROSS THE REGION
SOUTH-EAST Asia maybe a diverse and hence complicated region in which to market personal care products, but the growth in sales in all its countries make it an attractive target for beauty brands.
The Philippines is a case in point. The gross domestic product (GDP) of this 103 million people archipelago recorded 6.7% GDP growth in 2017, and the World Bank projects it to grow further at an annual rate of 6.7% in both 2018 and 2019, before settling at 6.6% in 2020.…
VIETNAM CLOTHING MANUFACTURERS SHOULD EMBRACE TECH TO MAKE THE MOST OF UPCOMING TRADE DEALS
The new realities of accelerating wage growth and the global shift towards placing smaller orders needs to be answered by Vietnam-based garment-makers by embracing technology-driven automation, according to ThreadSol, an India-based technology company. It supplies leading manufacturers in Vietnam with production software driven by artificial intelligence (AI) and Big Data.…
THAILAND HOPES JOINING TRADE DEAL WILL BOOST CHANCES OF US EXPORT SUCCESS
THAILAND needs to join the 11-nation Asia Pacific trade deal – the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) – “as soon as it can” so that the kingdom can lift its declining garment and textiles sales to the key American market once again, an industry expert said.…
THAI COATINGS SECTOR DISPLAYING CONTINUED ROBUSTNESS
THAILAND maybe in political stagnation, with its military government unlikely to stage elections until November at the earliest, but its paint and coatings market is expanding robustly. Demand for coatings in Thailand, during the whole of 2017, was estimated at 510,000 tonnes worth USD1.5 billion, according to US-based consultancy for the chemical industry Kusumgar, Nerlfi & Growney.…
THAILAND HAS POTENTIAL TO BE NEW SE ASIA REGIONAL KNITWEAR MANUFACTURING HUB
WITH full supply chains and innovative products, Thailand’s knitwear industry is thriving, making the country a nucleus for fashion manufacturing in the Association of Southeast Asian Nations (ASEAN) region. Thai Garment Manufacturers Association (TGMA) executive director Chartchai Singhadeja said: “Thailand’s strength lies in our full-value supply chains, starting from fibres to yarns and fabrics, then apparel and clothing within the fashion industry.”…
CHAROEN TO INVEST IN BUILDING SEVERAL POULTRY BREEDING RAISERS IN RUSSIA
The Thailand-based agricultural holding Charoen Pokphand Foods has announced plans to invest up to Russian Roubles RUB2.5 billion (USD44.5 million) to build two poultry breeding units in Russia this year (2018). The first will be established at Charoen’s existing Severnaya poultry farm, a major production centre in the St Petersburg region (oblast).…
THAILAND OFF MONEY LAUNDERING BLACKLIST, BUT CONCERNS ABOUT POLICING OF AML LAWS REMAIN
THE SOUTH-EAST Asian kingdom of Thailand, has high profile vulnerabilities to money laundering, being known for its widespread sex trade sector its role in the international drugs trade, and also for being the base of human trafficking networks, according to the USA state department’s 2017 International Narcotics Control Strategy Report (INCSR). …
PAKISTAN TEXTILE MANUFACTURERS WARN POSSIBLE THAI FREE TRADE DEAL MAY NOT DELIVER MORE SALES
THE PAKISTAN textile industry is worried that a potential trade free trade deal with Thailand, now under discussion, may cause more harm than good to Pakistani manufacturers. Thai and Pakistan government negotiators are preparing for what maybe the final round of talks to forge a free trade agreement (FTA) between these two textile producing countries, with a deal potentially being signed in January.…
ROYAL SEAL OF APPROVAL FOR AUTHENTIC THAI SILK TRADITIONS TO BE UPHELD TO BOOST ECONOMY
THE PRODUCTION of Thai silk is rising fast as demand for this luxury fabric increases worldwide. Thailand is the fourth largest producer of silk in the world, having produced 202,073 tonnes in 2015, as reported by the International Sericultural Commission. Thai silk output has increased from 2011’s 130, 286 tonnes; rising to 2012’s 152,910 tonnes; 159,737 tonnes in 2013; and 178,058 tonnes in 2014.…
CAMBODIA LAUNCHES KEY MINIMUM WAGE TALKS AS VIETNAM PAY DISCUSSIONS MOVE AHEAD
CAMBODIA’S tripartite talks that will set a new minimum wage limit for 2018 for the country’s garment and textile sector opened yesterday (Sept 25).
The three parties, representing government, industry and unions, however proposed three different monthly wage floors. Cambodia’s ministry of labour and vocational training suggested a minimum clothing and footwear sector monthly wage of USD162.67 and the Garment Manufacturers Association in Cambodia proposed USD161 – but unions have pushed for USD176.25-a-month, up from the current USD153 (and USD140 in 2016), Sokny Say, secretary general of the Free Trade Union of Workers of the Kingdom of Cambodia (FTUWKC) told just-style. …