China has become the leading supplier of clothing to the Latin American country of Mexico, as the country imported apparel worth US$ 290 million during the first half of 2013, which is an increase of 69 percent compared to the same period ...
The National Superintendent of Customs and Tax Administration (SUNAT) of Peru brought into effect measures to combat the undervaluation of imports of textiles and apparel in the country from October 30, 2013. According to a statement ...
Tags: SUNAT, Textiles Undervaluation
Commercial Metals Company announced Wednesday financial results for its fourth quarter and year ended August 31, 2013. Net earnings for the fourth quarter ended August 31, 2013 were $4.1 million, or $0.03 per diluted share, on net sales of ...
Tags: Net Earnings, Mineral
Less tax for small businesses and more financial support for local government are on the cards as the Chinese leadership considers to start reforming the fiscal system. On August 1, the turnover tax was replaced by a value-added tax (VAT) ...
Tags: Fiscal Reform
The textile industry in western Indian state of Rajasthan is expecting about Rs. 100 billion new investments over the next seven years, due to the state government’s recent announcement of ‘Special Customized Package for ...
The Industrial Price Index (IPRI) for Spanish textiles increased by 0.9 percent year-on-year in August 2013, according to the data released by the National Statistics Institute (INE). However, in the manufacture of apparel segment, the ...
Tags: Textile
An official from the National Development and Reform Commission (NDRC) revealed that 80% of the more than 300 types of original drugs from foreign companies supervised by government agencies are really higher than peers in South Korea, Hong ...
Tags: Foreign Original Drugs, Health, Medicine
China as a market for international firms is growing in size and importance by the day. Doing business here, however, can still be a huge pain. At least that is the view of European companies operating in the country, according to a ...
China has increased the value-added tax from four percent to five percent on imports of planes with an empty weight of above 25 metric tons, the central government announced on Monday. Meanwhile, for imported planes with an empty ...
Tags: Tax, Lignite Imports
Some people think that China is not only a country, but also a big factory. Especially in textile production, China has the image of being a land of extremely large companies with tens of thousands of employees in every factory. For the ...
Tags: Textile
Spot indium prices in Asia have risen to their highest level since October 2011, as sellers hold back expecting prices to rise further in the near term, market sources said Tuesday. Platts assessed the spot indium price at $630-670/kg CIF ...
Tags: Spot Indium, Mineral
China's Cabinet is throwing more support behind small and micro-sized businesses by emphasizing more financing innovation and credit for the cash-thirsty private sector. 8 detailed targets have been released by the State Council, ...
Tags: China Reiterates
After experiencing fast expansion in 2010, the LED display industry went through an integration period. Most companies experienced a period of low gross profit margins, slow increasing revenue, and chaotic competition within the industry. ...
Tags: LED Display Industry, Lighting
Zhang Changfu, vice chairman of the China Iron and Steel Asociation (CISA), has recommended the cancellation of the exemption from three percent import tax for wear-resistant steel as well as the cancellation of the exemption from 17 ...
The Industrial Price Index (IPRI) for textiles increased by 0.6 percent year-on-year in June 2013, according to the data released by the National Statistics Institute (INE). In the making of garments, the IPRI showed a decline of 1.3 ...
Tags: Textile Price, Textile