He reminded the provincial government that Karachi produced about 52% of the country’s total exports and the lockdown was causing heavy losses to industries in the city. He recommended that in order to save Karachi, the government needed to adopt a smart lockdown policy allowing the complete textile value chain to operate while abiding with the SOPs. … [Read more...] about Textile sector calls for opening entire value chain
Stellar value chain
By Sandeep Raghuwanshi COVID-19 has completely frozen the supply chain for the textile and garment industry across the world. This industry is as global as it gets and the impact on the industry is obviously very high. This business disruption has brought the main fault lines of the apparel industry in a stark view which needs to be addressed both in the short term and long term. Not everyone shared equal pain All parties in the apparel value chain got affected by the disruption caused by COVID-19. However, not all parties were equally positioned to navigate the sudden disruption from this global crisis. With consumer outlets being shut, fashion brands and retailers have taken an enormous hit to their bottom line and cash reserves. The retailers responded by canceling almost all orders of manufacturing factories including the ones under process. A study by Center for Global Workers’ Rights for Bangladesh revealed that when the orders were canceled, 72.1% of buyers refused to … [Read more...] about How COVID-19 revealed a skewed power equation of the fashion value chain
Referring to the collaboration, Mr. Kingsley Leung, the Chairman of Uni-Bio Science Group said, "The collaboration with Medlink is an important milestone of the Group's commercial development. During the period of COVID-19, there has been an increased demand for online hospitals and pharmacies. In the long term, the collaboration adheres to the national policy of encouraging "healthcare + internet". In the backdrop of both changing patient behaviors and drug distribution trends, the Group has to take proactive steps to pioneer new business models to take advantage of these changes. Our expansion into online healthcare will deliver much better service for patient and clinical practitioner, expand our available marketing channels, and enhance brand awareness. We expect the collaboration will become a strong future driver of GeneTime® sales and learning from this exercise can easily be replicated to other products, to develop greater sales growth for all products in the future." … [Read more...] about Uni-Bio Science Group and Medlink Builds Strategic Partnership Expansion of Value Chain towards Pharmaceutical E-commerce
According to a representative from Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA), Vietnam’s wooden products and furniture will become more competitive, with wooden products among items to be affected by the tariff war, and made-in-China wooden products are facing anti-dumping lawsuits in the U.S. … [Read more...] about US-China trade war to help or hurt Vietnam’s economy?
Phnom Penh (VNA) – The Cambodian Ministry of Commerce and relevant agencies have reviewed a study on rice export cost in a bid to enhance the competitiveness of the country’s rice export. Secretary of State at Cambodia’s Ministry of Commerce Sok Sopheak chaired the discussion with representatives from the Cambodia Agriculture Value Chain Programme (CAVAC) and Cambodia Rice Federation on May 13. The project on Cambodian rice production and export cost study was proposed by the Ministry of Commerce with technical and financial support from the CAVAC. It is aimed to identify and eliminate challenges as well as explore the possibility of strengthening the current competitiveness of the Cambodian rice sector. The study particularly focused on the sector’s competitiveness by analysing the value chain of the sector to target European countries and other nations. At the event, Sopheak called on relevant agencies to join hands to tackle perennial challenges on … [Read more...] about Cambodia works to enhance competitiveness of rice export