23:51:30 local time * Luxury brands tackle market slowdown:
International luxury brands in China are meeting the challenge of a market slowdown with greater efforts to improve the quality of customer service and the overall customer experience. read more.
23:51:30 local time PHILIPPINES
* Local clothing brand stands up to foreign labels:
Other local brands have tried to woo Hollywood A-listers but failed. But when Zac Efron did his homework on Penshoppe and heard that it was a cool brand, he was more than happy to accept his first-ever fashion endorsement. Efron’s support is a compliment to Filipino entrepreneurship. read more.
* Solons seek jobs for prisoners in jails:
TWO party-list lawmakers have filed a bill seeking to provide jobs to prisoners.
Buhay party-list Rep. Irwin Tieng and Rep. Mariano Michael Velarde filed House Bill 4622 saying prisoners should be given chance to earn even a small amount while serving his sentence.
The salary can also be used to indemnify their victims and earn for their families, the bill said.
Under the Prisoner’s Contrition and Contribution to Society Act of 2011, it will be the policy of the state to provide work to prisoners in order to prepare them to become productive members of society upon their release from prison and jails. read more.
* Hunger still prevalent in the Philippines:
The Philippines still have to address undernourishment, though the country posted a 6 percent decline in poverty over a three-year period, the Asian Development Bank said Friday.
The bank noted in its “Food Security and Poverty in Asia and the Pacific” report that the number of poor Filipinos living on $1.25 (around P52.5) a day has declined by 6.19 percent from 2006-2009. read more.
22:51:30 local time THAILAND
* L’Oreal campaign to help women:
Last year’s flood impact has been immense and to date, not all have fully recovered from the disaster, be they companies or individuals, requiring extra assistance from the government and lower levels.
L’Oreal Thailand is directing its help at women, its target clients. A memorandum of understanding was signed this week to provide 120 professional beauty development scholarships to flood-affected women. The “Beautiful Tomorrows Year Two” project will be launched in cooperation with partners led by the Friend in Need (of “PA”) Volunteer Foundation Thai Red Cross, Department of Social Development and Welfare, Ministry of Social Development and Human Security. read more.
* Thai textile sector prepares for ASEAN Economic Community:
Textile industries in Thailand have been urged to enhance their productivity and workers’ skills, as the public and private sectors of the country are preparing themselves for formation of the ASEAN Economic Community (AEC) in 2015.
22:51:30 local time CAMBODIA
* ASEAN senior labor officials convene to further protect, promote migrant workers’ rights:
ASEAN Committee on Migrant Workers (ACMW) convened the 5th meeting here Friday, calling for protecting and promoting migrant workers’ rights as declared by the 10-state bloc.
Speaking as the chairman of ACMW this year, Chap Rithy, the under-secretary at Cambodia’s Ministry of Labor and Vocational Training, appealed the ASEAN states to find proper means to protect the vulnerable groups of children and women who are facing trafficking, drug abusing, and exploitation during their migration for jobs.
* 8th ASEAN Senior Labor Official Meeting kicks off:
Cambodian Minister of Labor and Vocational Training Vong Sauth declared the opening of the 8th ASEAN Senior Labor Officials Meeting here on Sunday, calling for reducing the labor skill gap to a similar level based on the bloc members’ national qualification.
Themed in “the improvement of social protection and skill development”, the meeting focuses on the deployment of regional labor force. While challenges and main objectives will be discussed for the development of further implementation action plan by ensuring the consistency of national and regional standards. read more.
23:51:30 local time INDONESIA
* Mayday Hong Kong 2012: Workers, Farmers, Students and the Urban Poor United:
Sing along to the Indonesian migrant workers’ May Day chant! Sing More !
* Jakarta May Day 2012: Better Wages and Conditions:
Hundreds of thousands of workers joined May Day rallies in several Indonesian cities on May 1, 2012. The Jakarta rally was the biggest May Day protest in Asia this year. The workers demanded better wages and said no to tje outsourcing system.
* Traditional handicrafts on the verge of extinction:
The traditional handicrafts in the district are waning with the glut of plastic and other metal goods in the market, reports BSS.
Once a good number of skill craftsmen in the district were engaged in making goods using locally available raw materials such as bamboo, cane, straw, claw, jute, cotton and other fibers. read more.
* Delhi imposes duties on jute and jute goods:
Around 200 trucks carrying raw jute and jute goods valued over Tk 10 crore have been stranded at the Benapole border as Delhi all of a sudden imposed a four percent import duty on raw jute and jute goods. Raw jute exporters said sudden imposition of such duty caused tremendous difficulties in sending export consignments to the next door neighbour. Although Delhi imposed the duty on March 12, the gazette notification was published last week and the customs officials are not allowing goods to enter without duty. read more.
* Yunus, Abed talk garment exports with Hillary, seek free access to US:
Nobel laureate Prof Muhammad Yunus and BRAC Chairperson Sir Fazle Hasan Abed yesterday urged US Secretary of State Hillary Clinton to allow Bangladeshi garments duty-free access to the US market to help create local jobs, especially for women.
They met Hillary at a breakfast meeting at the US ambassador’s residence in Gulshan, Dhaka.
If Bangladesh’s garment exports get duty-free access to the US, it would give an impetus to women empowerment in Bangladesh, Yunus said. read more.
* Bangladesh requests Clinton for duty-free RMG exports:
As US Secretary of State Hillary Clinton paid a two-day visit to Bangladesh, the country sought resolution of some key pending issues like duty-free access for its readymade garments (RMG) in US, Generalised System of Preferences (GSP) status and finalization and quick implementation of Trade and Investment Cooperation Framework Agreement (TICFA) to further boost trade between the two economies.
Presently, around 97 percent of Bangladesh’s exports to the US enjoy duty-free access to the US, but this does not include garments, one of the country’s key export items.
21:21:30 local time INDIA
* West Bengal to impose entry tax on transfer of goods:
West Bengal will impose an entry tax on stock transfers. But the taxpayer is eligible for deduction if the goods move further within three months. A State tax official explained this at a workshop on the West Bengal Tax on Entry of Goods into Local Areas Act, 2012, organised by Bharat Chamber of Commerce here on Saturday.Sugar, pulses, rice, wheat, salt and textiles are among items that are exempt. read more.
* Cotton blooms on lack of quality in supply:
Cotton price in West and North India increased on the back of higher demand from exporters. On the other hand, supply declined in Gujarat and Maharashtra due to lower inventories. read more.
* Textile export may touch $38 bn this fiscal:
India is looking to set textile export target at $38 billion this fiscal, 12 per cent higher the previous year, despite slowdown in the Western markets as the country opens new avenues for shipments.
“Though there is economic uncertainty in the US and Europe, growing demand in new markets like Latin America and Africa will help India’s textile exports. read more.
* I-T begins scrutiny of Reebok accounts:
The Income Tax department has begun scrutiny of financial documents and transactions of global sportswear manufacturer Reebok after its owner Adidas recently announced commercial irregularities in its India operations.
The I-T department has collected documents related to sales and purchase made by the firm during the last financial year and few others, including trade receipts processed by the company.
“Certain government/regulatory bodies were seeking clarifications about Reebok India Company in regards to the announcement made on Monday (May 2). We have shared the required details with them,” the Adidas group said in a statement. read more.
* Homtex to run concurrently with F&A trade show:
To deliver more value and business opportunities, the inaugural edition of Homtex is scheduled to run concurrently with the renowned flagship F&A Trade Show that has been held in Bangalore regularly the last eight years in a row. Both, the F&A Trade Show 2012 and Homtex 2012 will be held at the sprawling and professionally managed Gayatri Vihar, Palace Ground in Bangalore, June 1 – 3, 2012. read more.
21:21:30 local time SRI LANKA
* Forced labour claims dent image of London 2012:
They were supposed to be the most ethical Games yet, but research in Asian factories supplying official clothing has led to allegations of sweatshop conditions (..)
Workers at the company’s factory in Sri Lanka allegedly receive poverty wages and are forced to work excessive overtime and to meet unrealistic, ever-increasing targets. Next denies the claims – which undermine pledges that the 2012 Games will be the most ethical yet – but has launched an investigation into conditions at the factory. read more.
20:51:30 local time PAKISTAN
* Textile association rejects fuel surcharge:
The Pakistan Textile Exporters Association (PTEA) has strongly criticised the four-month fuel adjustment surcharge levied on consumers explaining that the increase in electricity rates will hit all sectors of the economy and masses.
* FOCUS ON BADIN….:
As Pakistan experiences another wave of deadly floods,
DawnRelief concentrates on Sindh…
Earlier in 2011, and with YOUR support, the DawnRelief Home Reconstruction Programme handed over 200 newly constructed houses to families near Sehwan who had lost their homes last year.
Now, as a result of a second wave of floods, DawnRelief has set up operations in villages spread across 13 dehs in Taluka Golarchi (Badin) and Mirpur Batro (Thatta).