PR Resource – Muarateweh.net

(Reuters) – The European Commission eased import restrictions on 1Ǧ Brazilian farm holdings on Wednesday, allowing the farms to export matured and deboned beef into the European Union.
“The Brazilian authorities have made available a list of 106 bovine holdings, together with the corresponding audit reports. Deboned and matured meat derived from bovine animals originating in these holdings will be allowed for import,” the EU executive said in a statement.
All imports of Brazilian beef into the 27-member bloc were banned on Feb. 1 over food safety concerns.

In Qing Textile Art After dealing in antique Chinese costumes and textiles for 30 years, Linda Wrigglesworth is selling her stock at Christie’s New York on March 19. The 153-lot sale includes clothing made during the reigns of the 12 emperors of the Qing dynasty (1644-1911) — among the most spectactular items are an emperor’s yellow silk embroidered dragon robe and an imperial noblewoman’s ermine-lined surcoat — as well as smaller Qing items: rank badges, court hangings, furnishing textiles, purses, hats, shoes and jewelry. The estimates for individual lots range from a few hundred dollars to 躔,000.

Ms. Wrigglesworth, a longtime exhibitor at the Asian art fair in New York and the European art fair in Maastricht in the Netherlands, has closed her gallery in London so she can work as a private consultant to collectors and institutions.

“Iâ€�„¢m 52 and want time to pursue other interests,â€� she said. “Thirty years ago there was no market for Chinese textiles. My motivation to begin selling them was more about protecting them from being cut up to make cushion covers. You can’t change a Chinese pot, except maybe to make it into a lamp. But even the Chinese were cutting up antique textiles to make into (continue reading…)

Jakarta — The country’s largest textile producer, PT Polysindo Eka Perkasa, a member of the Texmaco Group, announced Thursday it will reverse its stake to 1:20 ratio in hoping to strengthen its liquidity.

“The purpose of changing the stock’s nominal rate by reducing its number was to reverse the current circulated shares back to a realistic number, adjusted to the value of the company,” Polysindo executive director Eka Perkasa V. Ravi Shankar said after the stakeholder’s meeting on Thursday.

With the stock reverse, to be carried out in March, the company expects to convert a total of 247 billion shares in the market to only about 12 billion, with a total capital worth Rp 16 trillion.

After the stock reverse, the composition of the company’s stock will be 850 million from 17 billion shares of the A series, 7.3 billion from 146.7 billion shares of the B series and 4.2 billion from ȳ.5 billion of the C series.
(continue reading…)

In the current circumstances, this ambitious target requires the garment and textile sector to devise a specific strategy for marketing, materials production and product designing.

The global and domestic markets are facing many difficulties such as a sharp increase in fuel prices, a lack of highly skilled workers, the application of monitoring mechanisms for Vietnamese garments and textiles and tough competition against large garment and textile exporters.

In 2007, the garment and textile sector earned US$7.78 billion, accounting for 16 percent of the country’s total export turnover of USเ billion.

With this performance, garment and textile products topped the list of Vietnam’s key export items, making the country become one of the top 10 garment and textile exporters in the world.
(continue reading…)

The country’s export earnings growth slowed to 4.4 per cent during the July-December period of the fiscal year from a robust 26 per cent rise of the year-ago period.

Poor performance by readymade garment sector, which accounts for about three-fourths of the country’s total export revenues, pulled down the overall growth rate, industry people and export promotion officials said.

Export incomes in the first six months of the current fiscal amounted to $6,496 million, up from $6,221 million in the first half of the last fiscal year, according to statistics released by Export Promotion Bureau Wednesday. The first half earnings also trailed the target by 8.3 per cent.

The government expected $7,083 million in export revenues during the July-December of the 2007-08 fiscal year. The share of readymade garments in total earnings fell to 73 per cent in the first half to December 2007 from 76 per cent of the same period last year. (continue reading…)

The government will soon form a special purpose vehicle (SPV) to boost the textile industry, which has been hit hard by the appreciating value of the rupee against the dollar. The proposed SPV will have participation from all 11 export promotion councils (EPCs) and will be entrusted with the task of tying up with large buying agents overseas. It would get an annual budgetary allocation from the government.

The SPV will also have the responsibility of bringing foreign direct investment (FDI) into the country by inviting manufacturers of textile machinery to set up their base in the country. The SPV will have independent decision-making powers and will also set up retail outlets globally including at major international airports like London, Paris, New York and Toronto.

The proposal mandates the incorporation of a holding company, an SPV, of all the export promotion councils in textiles and clothing towards the objectives of the scheme. The ǫ councils which will form the SPV include Apparel Export Promotion Council (AEPC), Cotton Textile Export (continue reading…)

Assess export market opportunities

You might first consider exporting in response to enquiries from potential customers overseas. Or you might actively decide to look for opportunities. In either case, thorough market research is essential.

You need to understand what overseas customers want, and what the competition is like. As well as local suppliers, you may be competing with other exporters from around the world.

Reaching customers

It’s worth thinking about how you will reach customers. For example, the Internet might be a good way of reaching customers – or even selling directly – in a market where (continue reading…)