New pigment preparations production plant opens in Tianjin:
Clariant continues to expand its global production capabilities to
support customers in the Greater China region, with the inauguration of
a new pigments facility. The new plant in DaGang in the city of Tianjin,
which came on-stream end of 2011, is a joint-venture between Clariant
and Tianjin Bohai Chemical Industry Company with a total investment of
CNY 120 million.
Teijin links up with CCFA for more business prospects:
Teijin Limited announced a partnership with the China Chemical Fibers
Association (CCFA) to pursue business opportunities in the fields of
chemical fibers and related industries in China. This is the first time
for the CCFA to enter into a comprehensive alliance with a foreign
Xiniya Fashion records better-than-expected Q4 sales:
Q4 net profit up 16.1% to RMB112.5m
Revenue increased 44.7% to RMB482.8m
Chinese men’s wear company Xiniya Fashion recorded an increase in
fourth-quarter net profit as the company recorded better-than-expected
sales over the period.
The company said -26 March- that net profit rose 16.1% to RMB112.5m.
Revenue increased 44.7% to RMB482.8m, significantly above the prior
guidance of 25-30% growth. It attributed the gain to goods-in-transit
recorded during the third-quarter, which were delivered in the fourth
quarter. Gross margin was 35.1% for the quarter.
Over the full-year, revenue increased 31% to RMB1.2bn, which it
attributed primarily to a 14.2% increase in average selling prices and
a 14.9% increase in unit volume. Gross margin was 34.3%.
The company is forecasting first-quarter revenue to increase by 23-28%.
“We are pleased to report another strong quarter and solid full-year
financial and operational results. We concluded our first year as a
public company having achieved many of the accomplishments we set out
for ourselves. Most importantly, we delivered on our stated revenue
and gross margin guidance while we strengthened our brand equity
though investments in marketing and advertising,” said chairman and
CEO Qiming Xu.
“I am very optimistic about Xiniya’s business momentum as we execute on
our strategic objectives in 2012 to build the foundation for a
sustainable growth plan during the current year and beyond.”
Children of migrant Pinoy workers receive education subsidy:
The International Organization for Migration (IOM) and the Philippine
government’s Overseas Workers Welfare Administration (OWWA) provided an
education subsidy to nearly 800 disadvantaged youths, including
children of overseas Filipino workers (OFWs).
Vietnam fumbles for key industries:
The taskforce on industrialization strategy has recently put forward a
list of 12 key industries for consideration.
The industries include electronics, automobile, motorbike, shipbuilding
and food processing, steel, petrochemicals, footwear and garments,
software, environment-friendly infrastructure equipments, heavy
equipments and agricultural machines.
The list has been associated with the list of supporting industries
such as spare part and engine, chassis and printed circuit boards.
Vietnam’s leather, footwear exports to rise in Q1:
Vietnam’s leather and footwear export earnings for the first three
months of the current year is likely to be around US$ 2 billion, which
would be a growth rate of 21.7 percent year-on-year. The export figure
would also be much in lines with its annual target of US$ 7.3 billion.
Protests At Cosmetic Company Caught Up In Red Tape:
Hundreds of employees of Thuy Loc Company Ltd. staged a protest, asking
for their salaries and insurance benefits after the company claimed
On March 23 around 250 workers gathered at Paragon Trade Centre, No.3
Nguyen Luong Bang Street, D7, HCM City, asking to speak with Le Hoai
Anh, General Director of the company, to negotiate payment of salaries,
that have been neglected for two months, as well as a return of their
The incident caused disquiet in the area, making it necessary for local
police to step in and invite representatives of the protest to meet
with company officials.
Vietnam denies licenses to new garment projects: Local authorities in
Vietnam are increasingly refusing ‘go-ahead’ permission to new …
Banners versus batons:
Police are accused of breaking a 21-year-old woman’s nose and injuring
two other women as about 900 workers marched from the Win Shing-tex
Cambodia garment factory in the capital’s Por Sen Chey district
Man Vanna, the Coalition of Cambodian Apparel Workers’ Democratic
Unions (C.CAWDU) deputy president at the factory, said garment worker
Ry Mom’s nose was broken, causing her to faint, after police officers
struck her with batons and punched her several times just a kilometre
from the factory.
+ ATTACHED from BetterFactories:
7. Banners versus batons.gif
Charcoal gives workers opportunities:
The sound of machinery roars as 15 workers labour in a charcoal factory
in Russey Village, Meanchey district, in the outskirts of Phnom Penh.
Here they go through the motions to convert dried coconut shells into
the fuel base, though this factory has a different vision for its
operation than many other commercial plants.
The Sustainable Green Fuel Enterprise (SGFE) charcoal factory is a
collaborative project of NGOs Pour un Sourire d’Enfant (PSE) and Group
for Environment, Renewable Energy and Solidarity (GERES).
“This factory provides jobs for residents of the poorest communities
living near the dumpsite in Stung Meanchey,” said Carlo Figa Talamanca,
a project manager of SGFEnterprise.
+ ATTACHED from BetterFactories:
4.Strikers fed up with delays.gif
5.Ghost in the machine.pdf
6.New law to froce garment factories provide on-site housing.gif
8.Three injured by police during factory protest.gif
+ATTACHED 3x pdf from betterwork.org:
1.Research Brief 1 -What Drives Compliance (15/02/2012)
2.Research Brief 2 -The Impact of Better Factories Cambodia (15/02/2012)
3.Research Brief 3 -Does Better Labour Standard Compliance Improve the
Relationship Between Suppliers and their Buyers (27/03/2012)
International Federation of Journalists urges Thai authorities to free
pro-Thaksin Media Editor:
The International Federation of Journalists (IFJ) has today urged the
authorities in Thailand to release Somyot Prueksakasemsuk,
editor-in-chief of Voice of the Oppressed (Voice of Taksin), who is
held under Thai Lèse Majesté Law.
The journalist, who was detained on 30 April 2011, is accused of
publishing articles which allegedly made negative references to the
“We are deeply concerned about the wellbeing of our colleague who has
been held for almost a year, despite suffering ill health,” said IFJ
President, Jim Boumelha.
“Somyot is innocent until proven guilty and poses no risk to public
order. There is simply no reasonable basis to deny him bail so that he
can seek treatment.”
Kaken to open textile products testing firm in Indonesia:
PT Kaken Indonesia, a textile testing and product inspection firm,
providing consistent testing and inspection services for textile and
related products meant for exports to Japan, US and the Europe, would be
instituted in Indonesia’s Jakarta this April.
Apparel exporters for lifting safeguard duty on RMG exports to
Apparel exporters are looking for a strong negotiation with
Turkey during the Prime Minister’s Turkey visit in the second week of
April to withdraw the safeguard duty imposed on Bangladeshi readymade
The RMG exporters said the export volume would increase significantly
if the safeguard duty is withdrawn as export of Bangladesh’s garments
to Turkey is being hampered due to that provision.
“Negotiation will have to be for full withdrawal of the duty…as a
friendly and Muslim country we want Turkey treats us differently,”
Bangladesh Garment Exporters and Manufacturers Association (BGMEA)
president M Shafiul Islam Mohiuddin told UNB
Tackling income inequality:
The substantial reduction in poverty in Bangladesh since independence
is a cause for celebration.
A major reason for this decline in poverty is the rising per capita
income, growing from less than 2 percent a year in the 1970s to around
5 percent a year in the 2000s.
Yet, it is worrisome that an estimated 47 million people are still
below the national poverty line
Alarming fall in capital machinerie imports:
Imports of capital machineries have sharply declined in the first seven
months till January of the current fiscal year, a situation analysts
say is indicative of a down in economic activities and failing to
achieve the 7 percent target.
Analysts say a lack of confidence among businessmen and industrialists
is the main reason behind the fall in import of capital machineries.
The downslide has come as a contrast to the scenario in the previous
In the same period of 2010-11 fiscal year, the number of L/Cs (Letters
of Credit) opened to import capital machineries had increased by around
82.41 percent, and the rise in import of such machineries, directly
linked with investment, was 40.20 percent in the year (2010-11).
The analysts say the central bank’s contractionary monetary policy and
the rise in value of US dollar against taka are the other reasons behind
the decline. They warn that the situation will negatively affect
foreign investment while growth in the industrial sector will be hurt.
During that time, the amount of L/Cs opened to import textile
machineries declined $84.7 million, readymade garments machineries
$69.20 million, packaging industry $6.5 million and others $443.40
Bangladesh is now new destination for high-end suits:
Bangladesh is fast becoming an important destination for overseas
companies sourcing premium quality formal suits, including formal
jackets and trousers for men and women. According to experts, China
losing its competitiveness due to the shortage of workers in garment
sector coupled with high cost of production is the main reason behind
the shift in orders to Bangladesh.
Bangladesh team in India to discuss cotton export ban:
A delegation consisting of representatives from the Bangladesh
Government is in India to discuss the recent ban on cotton exports
imposed by India. Though the ban was partially rolled back this month,
the ban still exists on new exports.
Protests mark 10th anniversary of Bt cotton:
Protests marked the 10th anniversary of the introduction of genetically
modified (GM) Bt cotton in the country. Angry farmers urged
parliamentarians to hold a special session to discuss the issue and ban
Charging a few seed companies, particularly Monsanto, with monopolising
the seed industry and setting the agenda for the government, social
activists urged policy-makers and farmers to reject the hype around Bt
cotton and demanded a comprehensive review. “The crisis in the cotton
belt should be closely examined and critically re-assessed,” they said.
Karnataka spinning mills seek bailout package:
In order to save the bank loans extended to the cotton spinners from
turning into non-performing assets, the Karnataka Textile Mills’
Association (KTMA) has demanded a bailout package for spinning mills of
Versace, Corneliani to part ways with Blues Clothing Company; Guess
leaves Planet Retail for major brands:
International fashion brands Versace, Corneliani and Guess are all set
to break away from their Indian partners, joining a growing list of
international fashion brands struggling to settle down in India.
Italian luxe brands Versace and Corneliani are expected to part ways
with little-know Delhi-based firm Blues Clothing Company, three
industry executives with knowledge of the development told ET.
“It is the case of a small firm going beyond its means,” a retail
executive said. “This business needs deep pockets.”
Maharashtra govt earmarks Rs 908mn for textile sector:
In its effort to attract more investments in the textile sector, as
proposed under the state textile policy, the state government of
western Indian state of Maharashtra has sanctioned a sum of Rs. 908.3
million for the textile industry, Finance Minister Ajit Pawar said
while presenting the state’s annual budget for 2012-13.
Sri Lankan apparel sector can gain by regaining GSP+:
Sri Lanka’s apparel industry can further benefit by regaining the EU’s
Generalised System of Preferences Plus (GSP+) concession, British High
Commissioner John Rankin said while speaking at the 19th Annual General
Meeting of Sri Lanka Apparel Sourcing Association.
He stated that withdrawal of the preferential tax facility extended
under the EU’s GSP+ does not seem to have had any significant effect on
latter’s garment exports to Europe.
This is evident from the fact that around half of Sri Lanka’s US$ 4
billion worth of apparel exports are towards the EU, including the UK.
The ongoing financial problems in some European countries, which has
reduced the purchasing power of buyers there, has failed to affect the
volume of Sri Lankan apparel exports to these countries, he said.
However, the debt crisis may have led to contraction of profit margins
of producers and outsourcing partners, he added.
Muttahida worker’s killing triggers violence:
The city descended into anarchy on Tuesday with nearly a dozen people
shot dead, nine others wounded and over 40 vehicles set ablaze
following the pre-dawn killing of a senior Muttahida Qaumi Movement
worker and his elder brother in PIB Colony.
PCGA conference to voice cotton farmers, ginners’ woes:
Pakistan Cotton Ginners Association (PCGA) will organize a national
level conference to voice several issues concerning the cotton industry
in the country.
According to PCGA, the conference would discuss issues like cotton
scarcity and exploitation of cultivators and ginners by textile mill
owners, which has resulted in a loss of PK Rs. 225 billion to the
domestic agriculture sector.