01:32:55 local time * China seeks export recovery:
China is now losing an increasing number of export orders to other emerging countries because of rising costs at home. That’s driving the government to consider supportive measures including tax rebates and reduced transportation fees, a commerce official said yesterday during an investment and trade expo held in Changsha, Hunan province.
“Rising costs of labour and land as well as enhanced environment protection criteria has reduced the competitive edge of Chinese exporters,” said Wang Shouwen, director of the department of foreign trade at the Ministry of Commerce.
Chinese labour-intensive exports, including textile, apparel and light industrial products, increased rapidly in such traditional markets as the US, the EU and Japan before 2010. But the first four months of 2012 saw China’s textile and apparel exports to Japan expand only slightly, by about 7 per cent year-on-year, while Japanese imports from other emerging countries surged by more than 40 per cent in the same period, Wang said. read more.
01:32:55 local time PHILIPPINES
* Wage hike pressed:
SOME lawmakers still want wage increase for workers, saying the P30 increase in Cost of Living Allowance (COLA) is not enough.
Anakpawis Rep. Rafael Mariano said he will still push for the passage of the legislated wage bill which workers are calling for.
He said there is a need to pass the P125 across-the-board daily wage hike for workers in the private sector despite the P30 increase in COLA approved by the National Capital Region wage board.
“We need to bridge the wide gap between the wages of workers nationwide and the rising cost of living. That can be achieved only through a national legislated wage increase,” Mariano said. read more.
* BSP chief says P30 COLA won’t stoke inflation:
The Bangko Sentral ng Pilipinas (BSP) said the decision of the wage board granting a P30 cost of living allowance (COLA) instead of a direct wage hike won’t stoke inflation in the country. In a text message to reporters, BSP Governor Amando Tetangco Jr. said the wage increase was already incorporated in the central bank’s latest inflation forecast for the year. “This is broadly in line with the wage assumptions that have been incorporated in our central forecast,” Tetangco stressed. read more.
* Violations of workers’ rights, getting worse – rights group:
Of the 40.3 million workers who are part of the labor force in the Philippines, 19 million are wage or salary earners, only 1.7 million of whom are union members.
“We will walk on a straight path; [we] will end corrupt leadership and poverty that has long pounded the majority of the Filipino people. We, Filipinos can now dream again,” said President Benigno “Noynoy” Aquino III in his inaugural speech on June 30, 2010.
The Filipinos began to hope again when Aquino promised change. For workers, his policies promised to “improve the country’s labor relations, create employment, and uplift the workers’ participation in policy and program formulation,” said Daisy Arago, executive director of Center for Trade Union and Human Rights (CTUHR).
After almost two years of assuming the presidency, the change that the President promised never materialized. For instance, the rate of unemployment during Aquino’s first year in office rose to 27.2 percent or 11.3 million Filipinos, higher than the 23.5 percent or 9.9 million recorded last November 2010, according to the Social Weather Station (SWS) March 2010 survey. The government defines “unemployed” as individuals who have not stopped looking for jobs for various reasons and this excludes Filipinos who are also jobless but have not been actively seeking work.
“The government aims to strengthen its compliance and implementation of labor rights as mandated by the Constitution,” states the Philippine Labor and Employment Plan (PLEP) in its opening paragraph. read more.
00:32:55 local time VIET NAM
* Cotton output fails to meet demand:
Although Viet Nam has had favourable soil and weather conditions for cotton cultivation, domestic production provides just 1.5 per cent of the total need for the textile and garment sector, according to Deputy Minister of Industry and Trade Ho Thi Kim Thoa.
Measures to boost domestic cotton farming were drawn in a 2010 Governmental decision that looked to cotton production development programmes for the next five years, with an orientation until 2020. However many of the measures had yet to be implemented, Thoa said at preliminary two-year review of the decision last Saturday.
While Viet Nam requires about 400,000 tonnes of cotton yearly to serve its textile and garment sector, the country’s12,000ha of cotton farms produce only 5,000 tonnes.
00:32:55 local time THAILAND
* Assembly committee backs tax cuts:
The National Assembly’s Finance and Budget Committee concurred with the Government’s latest tax cut proposal but said no to a tax exemption plan. During the committee’s plenary meeting on Thursday, members reviewed Government Resolution No. 13/NQ-CP which was issued on May 10, outlining measures to help businesses overcome difficulties this year.
All members agreed on the proposal to reduce corporate income tax for small and medium enterprises (except those involved in real estate, securities, finance, banking, insurance or selling special consumption tax goods and services) and labour intensive enterprises involved in the manufacturing and processing of agriculture, forestry and aquatic products, textiles and garments, leather and footwear, electronic components, and construction of certain infrastructure projects. read more.
00:32:55 local time CAMBODIA
* Cambodia’s trade with UK up 48 pct in 1st quarter:
The volume of bilateral trade between Cambodia and the United Kingdom for the first three months of 2012 is 178 million U.S. dollars, up 48 percent compared to the same period last year, according to a trade report provided by the British embassy here on Sunday. It said the main Cambodia’s products exported to the UK are garment products, footwear, sugar and honey, rice and bicycles. In return, the country imported industrial machinery, automobiles, medical and pharmaceutical products and malt from the UK. read more.
01:32:55 local time INDONESIA
* Indonesian, Malaysian footwear makers join forces:
In the midst of decreasing orders from European markets, the Indonesian and Malaysian footwear makers have agreed to work together to tap the emerging shoe markets in the two neighbouring countries.
The Malaysian Footwear Manufacturers Association (MFMA) and the Indonesian Footwear Association (Aprisindo) have inked a Memorandum of Understanding (MoU) in this respect.
The MoU would ease information exchange between the shoe industries of the two countries. read more.
* Indonesian apparel firm Pan Brothers eyes 30% sales growth:
Despite a slowdown in Europe and the United States (US) – two of its key markets – PT. Pan Brothers TBK, one of Indonesia’s leading garment manufacturers, is eyeing a 30 percent rise in its sales for current year, mainly owing to rapidly growing Asian markets.
Anne Patricia Sutanto, Vice Chief Executive Officer of Pan Brothers, said while Europe is weakening, Asian markets are developing at a faster pace. Hence, the company, which till now remained focused on European clients, is now eyeing Asian markets.
To cater to the anticipated rise in demand, the firm decided to develop four garment factories in Boyalali, Central Java with total investment of Rp 300 billion or US$ 33 million. read more.
23:32:55 local time BANGLA DESH
* Textile engineers demand allocation in next budget for coal-based power plants:
Textile engineers on Sunday urged the government to keep adequate allocation in the coming budget for fiscal 2012-13 for setting up coal-based power plants to address the power crisis in the textile sector.
“Production in the garment sector has been facing hindrance for lack of adequate power and gas. So, it is essential to set up coal-based power plants to meet the power crisis in this sector,” said Engr M Maksudur Rahamn, president of the Institution of Textile Engineers and Technologists (ITET), Bangladesh. read more.
* BGMEA suggests 84-day maternity leave for workers:
Garment makers suggested the government allow 84-day maternity leave for workers instead of the proposed 112 days for maintaining smooth production at factories.
Providing 112-day maternity leave is illogical because leave in some other countries is of a shorter tenure, the garment makers’ platform, Bangladesh Garment Manufacturers and Exporters Association (BGMEA), said in a statement. read more.
23:02:55 local time INDIA
* Workshop on PAT Scheme in Coimbatore:
* Ethiopia keen to attract Indian investment in textiles:
India is considered a major power in textiles sector, and hence, Ethiopia eyes benefiting from the country’s knowledge and capital.
Ethiopia is keen to attract more investments from India in several sectors including textiles, said Dr. Gennet Zewdie, Ethiopian Ambassador to India, while speaking at an event organized by the Confederation of Indian Industry (CII).
The diplomat informed that Indian investments in Ethiopia have grown considerably over the past few years due to Ethiopia’s favourable trade policies and potential to deliver good returns. read more.
* TNPCB orders 17 textile units to halt operations:
Following lapse of the 90 day time limit allowed by the Tamil Nadu State Pollution Control Board (TNPCB), 17 textile dyeing units based in State Industries Promotion Corporation of Tamil Nadu Ltd (SIPCOT) Industrial Growth Centre at Perundurai in Erode, Tamil Nadu, have stopped their operations.
The 17 units were directed to shut down by the TNPCB around 18 months back, as these units were alleged to be breaching pollution norms.read more.
22:32:55 local time PAKISTAN
* Cotton market faces bearish trend:
Trading remained bearish with dearth of fine stocks during the week, traders at the Karachi Cotton Association (KCA) said on Saturday.
During the past week, buyers bought lint of all grades while sellers with fine grades offered their produce on slightly higher prices at around Rs 6,300 per maund, traders said. read more.
* NPO to benchmark productivity for Pakistan textiles:
Pakistan’s National Productivity Organization (NPO) has secured a contract for undertaking Productivity Benchmarking Study of textile subsectors including ginning, knit stitching and knit processing.
The organization won the contract in an open bid while competing with several other international organizations. read more.