In a bid to aid the local textile industry facing fierce competition from low-cost imports, the Zimbabwean Government has approved a one-year rebate on import of a wide range of materials that domestic garment producers widely use as raw ...
Tags: Zimbabwe, Rebate, Textile Sector
Textured Jersey Lanka PLC (TJL), Sri Lanka's leading provider of knit fabric to major global brands such as Victoria's Secret, Marks & Spencer, Intimissimi and Decathlon, reported Rs. 365mn in net profit for the quarter ended 31st December ...
MaRS Discovery District—an innovation centre located in Toronto, Ont.—has appointed Elyse Allan, president and CEO of GE Canada to its board of directors. (Also appointed was Elaine Campbell, president of AstraZeneca Canada ...
Tags: MaRS Discovery District, Elyse Allan, strategic objectives
The Government of Pakistan would apply for Least Developed Country (LDC) status, which it would get by 2014, Minister of Textile Industry Makhdoom Shahabuddin has told the National Assembly. In response to a question, the Minister said ...
Tags: Pakistan, LDC status, Textile Industry
Foresight Group, the leading independent alternative asset manager with a strategic focus on private equity, environmental and infrastructure, announces the launch of a £20 million fundraising for Foresight Solar EIS Fund 2. The new ...
Tags: Solar Power Plants, Energy, Foresight
New Citroen importer Sime Darby has targeted a 35 per cent sales increase in Australian sales in 2013. The forecast comes as Sime Darby – also the official importer of Peugeot – officially takes management of Citroen from ...
Tags: Citroen, Australian Sales, 2015
Fiat and Alfa Romeo Australia are planning to quadruple sales with a restructuring process that will take a long-term view of establishing the brands for future growth. The first step of the process has been a massive expansion of the ...
Tags: Fiat, Alfa Romeo, Quadruple Sales
Sartomer USA, LLC, has appointed Heather Rayle as senior business director. Rayle will be responsible for marketing, sales and finance. She reports directly to Douglas Sharp, Sartomer’s global president, and will assume the commercial ...
Tags: Sartomer, Heather Rayle, business director
The National Transport Commission (NTC) has advised of the passing of its chief executive Nick Dimopoulos. Mr Dimopoulos passed away on 8 February 2013 after an illness, surrounded by his family. Mr Dimopoulos’s professional career ...
Tags: NTC, mining, logistics, finance, infrastructure, company news
Opinion – Greg Cameron Australia’s taxpayers will book a net loss of $4 billion when the New South Wales government sells a 99-year lease to Port Botany Container Terminal. The NSW government is asking taxpayers for $4 ...
Tags: Australia, Port Botany Container Terminal, tax, transport
Renault-Nissan Alliance (Alliance) has agreed to form a new joint venture (JV) with Italian bank Unicredit provide loans to vehicle customers and dealers in Russia. The new JV, which will be 60% owned by the Alliance and 40% by UniCredit, ...
According to statistics released by Japan's Ministry of Finance, Japan's cold rolled steel coil and sheet exports totaled 277,662 metric tons in December last year, rising by 18.85 percent month on month and up 15.5 percent compared to ...
Tags: Japan, Cold Rolled Steel, Mineral
According to the statistics released by the French Ministry of Economy, Finance and Industry, in 2012 France's basic steel product and ferroalloy exports amounted to a value of €10 billion, recording a decrease of 3.75 percent compared ...
Egypt's largest steel producer EZZ Steel has denied media reports suggesting that the company is planning a capital increase to finance its direct reduced iron (DRI) project in Suez, underscoring that the project will continue to receive ...
Tags: EZZ Steel, steel producer, Suez DRI plant
According to the statistics released by Taiwan's Ministry of Finance in January this year, Taiwan's export value of iron and steel and articles made from iron and steel increased by 4.3 percent compared to the same month of 2012 and was up ...
Tags: Taiwan, Steel Export and Import, Mineral