Market News

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Market News
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Title Source Publish Date
1.
India’s Changing Retail Landscape
India’s retail sector is projected to be worth US$1 trillion by 2020, with the country’s 13 million outlets being the largest number for any country.
Economists' Pick 28 March 2017
2.
Spring Sales Fever
The Lunar New Year sales figures of 120 Beijing-based businesses in the retail and services sectors – as monitored by the Beijing Municipal Commission of Commerce (BMCC) – amounted to Rmb4.68 billion, a 9.8 per cent increase year-on-year, representing the highest rate of sales growth in five years.
Economists' Pick 27 March 2017
3.
Hong Kong International Home Textiles Fair
A sophisticated showcase for stylish, high-quality products, the fair is the region’s only specialised trade show for home-textile buyers during the peak sourcing season.
Economists' Pick 27 March 2017
4.
Future’s Hong Kong Sourcing Connection Multimedia
Rakesh Biyani, Joint Managing Director of Future Retail Ltd, says Indian companies look to Hong Kong for sourcing value-added products, which will see greater demand from India’s growing aspirational consumers.
Multimedia 24 March 2017
5.
Vietnam’s Supply-chain Opportunities Spurred by Foreign Investment
Vietnam has number of favourable attributes, including a youthful labour force and relatively low production costs. FDI in Vietnam is not just geared towards the production of labour-intensive goods, but also more sophisticated products like IT equipment and other electronic items. But such production is largely processing activities by nature. As Vietnam still lacks supporting industries, expansion in processing production has elicited vast demand for a variety of production inputs.
Economists' Pick 23 March 2017
6.
Hard-Pushed Russian Consumers Say No to Further Household Cutbacks
Whether their incomes continue to fall or not, a new report says Russians won't be trimming their budgets in 2017.
Economists' Pick 22 March 2017
7.
Cambodia: Manufacturing Relocation Opportunities (2)
With production costs rising in China, manufacturers are looking at less costly places to diversify their factory investment, in particular to the ASEAN-CLMV countries. Cambodia, with its preferential trade access to major developed countries and relatively stable economic performance, could potentially play a bigger role in the increasing integrated regional supply chain, despite lingering concerns over soaring labour costs and backward infrastructure.
Economists' Pick 17 March 2017
8.
Unmasking Opportunities in Clean-air Wear
Chronic air pollution in many Chinese mainland cities has led to rising demand for anti-smog products.
Economists' Pick 16 March 2017
9.
Cambodia: Manufacturing Relocation Opportunities (1)
With production costs rising in China, manufacturers are looking at less costly places to diversify their factory investment, in particular to the ASEAN-CLMV countries. Cambodia, with its preferential trade access to major developed countries and relatively stable economic performance, could potentially play a bigger role in the increasingly integrated regional supply chain, despite lingering concerns over soaring labour costs and backward infrastructure.
Economists' Pick 16 March 2017
10.
PHILIPPINES: 2017-19 Investment Priorities Plan Targets Manufacturing and Regional Development
A renewed focus on the manufacturing sector and a push towards shifting investments to rural areas are among the key elements of the government’s Investment Priorities Plan (IPP) for 2017-2019.
Economists' Pick 15 March 2017
11.
Africa Bids for Apparel Sourcing Success at 2017 MAGIC Marketplace
As well as Africa's hopes to become the new China, the first MAGIC event of the year also had a focus on the rise and rise of wearable tech, while also giving ample space to evangelists of the wonders of 3D-printed clothing and accessories.
Economists' Pick 14 March 2017
12.
MYANMAR: Work Begins on Delayed Dawei Special Economic Zone Project
Work is expected to commence on the delayed Dawei Special Economic Zone (DSEZ) project in south-eastern Myanmar. Initially mooted in 2008, the project has long been beset with financial difficulties.
Economists' Pick 13 March 2017
13.
EU Ecolabelling for Textiles to be Amended, While New Decision Published for Floorings
In recent weeks, there have been a number of important developments in the area of EU Ecolabelling, the voluntary scheme allowing traders to label their products as having a reduced environmental impact. These developments include a proposal to amend the criteria for the award of the EU Ecolabel for textile products and a recently adopted Decision amending the criteria for the award of the EU Ecolabel for wooden floor coverings.
Economists' Pick 10 March 2017
14.
Indie Fashion Scene
High-end international brands have long held court alongside local Hong Kong designers, who are enjoying greater visibility in Hong Kong’s vibrant fashion retail market.
Economists' Pick 6 March 2017
15.
VIETNAM: 20% Cap on Lending Rates Set to be Abolished
The 20% cap on lending rates for banks and other credit agencies in Vietnam is to be abolished as of 15 March. In line with a directive from the country’s central bank, lenders will now be free to agree on rates with borrowers on an ad hoc basis.
Economists' Pick 6 March 2017
16.
Court Rules Wearable Blanket Not Classified as Garment
The U.S. Court of International Trade ruled on 10 February that a polyester fleece knitted article known as a Snuggie® is properly classified as a blanket under HTSUS 6301.40.00 (8.5 percent duty).
Economists' Pick 3 March 2017
17.
CAMBODIA: Two-Year Corporate Tax Exemption on Offer to SMEs that Opt to Go Legit
SMEs that voluntarily register with Cambodia’s General Department of Taxation (GDT) before the end of 2018 are to be exempt from Corporate Income Tax (CIT) for two consecutive years.
Economists' Pick 1 March 2017
18.
MYANMAR: New Factory Sites Set to Be Released on Expanded Thilawa SEZ
New factory sites are to be released within the Thilawa Special Economic Zone (SEZ) before the end of 2017. Set on the outskirts of Yangon, Myanmar’s commercial hub, the SEZ has already attracted more than US$1 billion in investment, thanks in part to a number of government-backed incentives, including a seven-year tax holiday for export-oriented FDI projects and a five-year tax break for domestic-oriented production.
Economists' Pick 1 March 2017
19.
Fashion Forward on the Belt and Road Multimedia
There is enormous potential to expand fashion trade on traditional Silk Road routes between Pakistan and China, according to Richard West, Operations Manager, Umar Garments Printing. While exhibiting at the January 2017 HKTDC Hong Kong Fashion Week for Fall/Winter, Mr West explains the logistical advantages for global fashion brands to partner with Pakistani manufacturers to tap Belt and Road opportunities.
Multimedia 27 Feb 2017
20.
BANGLADESH: Overseas Workers Banned From Low-Skill Roles to Curb Outward Remittances
In a move designed to stem the outflow of remittances, companies have been banned from employing low-skilled foreign workers in positions that could be filled by local employees in Bangladesh.
Economists' Pick 23 Feb 2017
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