Saudi Arabia Hikes VAT, Customs Duties

The Saudi Arabian government has announced customs duties increases on about 3,000 goods, effective 10 June 2020. The rate hike, revealed on 27 May...

Dubai Extends 20% Refund On Customs Fees In Broad Stimulus Package

Dubai Customs has extended a refund of 20% on customs fees for traders of imported goods sold in local Dubai markets to 30 June....
EU Vietnam Free Trade Agreement

Vietnam-EU Trade: EVFTA Ratified By Vietnam’s National Assembly

Vietnam's National Assembly on June 8 ratified the EVFTA and the EVIPA agreements between Vietnam and the EU. Analysts hope the trade deal...

VDMA’s Textile Machinery Webtalks Starts Today

On June 22, the VDMA starts a series of Textile Machinery Webtalks. In the first edition experts from the companies Oerlikon Manmade Fibers, Mahlo...

Mexico Versus Vietnam: Where Will US Investors Diversify

The US-China trade war has upended supply chains, forcing businesses to rethink business strategies and expansion plans. With Covid-19 added to the mix,...
ASEAN-Special-Economic-Zone

Special Economic Zones In ASEAN: Opportunities For Foreign Investors

Various Asian countries are trying to attract US and other companies that are leaving China, and looking at other destinations to invest and start...

CAI Cuts Current Year Crop Estimate To 330 Lakh Bales

The Cotton Association of India (CAI) has pruned production estimates for the current season (October 2019-September 2020) by nearly 25 lakh bales (of 170...

Murata, Teijin Jointly Develop Piezoelectric Fabric With Anti-Microbial Performance

Two leading Japanese companies, Murata Manufacturing and Teijin Frontier, have jointly developed the world's first piezoelectric fabric called Pieclex, which generates electrical energy and...

US Apparel Retailers Surprised By Better Than Expected Sales

In recent days, as apparel stores reopened, several retailers have witnessed surges in online sales, and in some cases better-than-expected results from reopened stores....

AEPC Seeks Costing Proposal From Amazon For Masks, PPE Kits

The Apparel Export Promotion Council (AEPC) has sought special costing proposals from e-commerce giant Amazon for selling masks and personal protective equipment (PPE) kits...

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