Search Results for: Pakistan

Sri Lanka’s cosmetic and beauty product manufacturers are becoming increasingly anxious over the lack of sales regulations, promoting significant volumes of lower grade cosmetic imports, putting local manufacturers at risk. 

Until July 2015, there was a specific authority to oversee cosmetic products being imported as well as distributed in the country.…

SOUTH Asia’s growing personal care product sector is of increasing importance to international brands, with growing middle classes among vast populations creating a honeypot market with consumers, many accustomed to English-language marketing.

As the region’s hub and overwhelmingly most populous country, India’s beauty and personal care industry will generate sales worth USD13.3 billion in 2016, growing by 14.2% year-on-year, according to UK-based market research firm Euromonitor International.…

A EUROPEAN Commission ruling that Ireland must recover up to EUR13 billion in back-taxes (plus interest) from Apple has signalled a tough approach from Brussels over alleged European Union (EU) competition law breaches associated with sweet taxation deals by member states.…

Pakistan’s textile industry is warning of serious damage to the cotton-related businesses if a new 4% import duty currently charged on raw cotton for textile manufacturers serving domestic market is maintained.

“This policy will have a long term impact on the cotton consumption in Pakistan and the whole value chain will be affected,” Asif Inam, vice chairman of All Pakistan Textile Mills Association (APTMA), in Karachi told WTiN. …

WHILE Pakistan prepares to implement some new reforms to corporate governance rules, a leading female business executive hopes this latest round of reform will lead to greater participation of women on corporate boards as directors.

Economist and business executive Sadia Khan has earned recognition as Pakistan’s leading advocate of improved corporate governance for her work over the past two decades in both the public and private sectors.…

PAKISTAN has been staging talks with the British government to lessen impact of Brexit on Pakistan’s textile and other key industries.

A senior official at Pakistan’s ministry of commerce told WTiN.com that Pakistani officials had already consulted London officials about how trade concessions available to Pakistan through the European Union’s (EU) GSP+ scheme would continue after a UK exit from the EU.…

WITH 4.8 million Syrian refugees registered by the UN, and many more displaced without registration, their impact on consumer markets outside their home country has been significant. The tobacco sector has been no exception. Indeed, even before the civil war, Syrians were keen smokers – with 2004 Syrian Centre for Tobacco Studies research indicating that 56.9% of men smoked cigarettes and 17% of women; 20.2% of men smoked waterpipes (shisha) and 4.8% of women; 29% smoked daily – 51.4% of men and 11.5% of women).…

MOBILE money transactions surged in 2015 across the world – increasing by 31% to reach 411 million mobile money accounts, and this is a critical platform for expanding financial inclusion globally, according to GSMA, a UK-based global mobile industry association, in its February 2016 annual report on the ‘State of the Industry Report on Mobile Money’. …

Pakistan’s shampoo and conditioner market is following the positive trend seen within the country’s beauty and personal care sector in general – more women in work who want to look good are prepared to buy these products.

UK-based market research firm Euromonitor International has said that its modelled data indicated that the country’s USD158 million’s worth of hair shampoo retail sales in 2014 leapt to USD179 million in 2015, and could reach USD240 million by 2020.…

Indonesian negotiators must press harder to make progress on the European Union (EU)-Indonesia free trade agreement or textile manufacturers risk losing market share to neighbouring competitors like Vietnam, according to the Indonesian Textile Association (API – Asosiasi Pertekstilan Indonesia). Its chairman Ade Sudrajat told WTiN.com…