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Levis quits BCI board over Xinjiang
Release time: 2021-08-13
SAN FRANCISCO - Levi Strauss has reportedly left the board of the Better Cotton Initiative (BCI) in a difference of opinion over the organisation's stance on concerns over the use of forced labour in the Xinjiang region of China.The...
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PAKISTAN: Customs Duty Revisions for Luxury Goods and Textile Inputs
Release time: 2021-08-13
Luxury goods and sundry non‑essential items are among a wide range of products that have been subject to new regulatory duties as of 1 July this year. Imposed by theFederal Board of Revenue (FBR), these tariffs apply to chocolate, fresh...
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Rising commodity prices "take flight" India's inflation level
Release time: 2021-07-28
In May and June, India’s Consumer Price Index (CPI) was 6.3% and 6.26%, which have exceeded the upper limit of 6% set by the Bank of India for two consecutive months. At the same time, the Bank of India predicts domestic prices in the n...
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Why freight rates are high right now?
Release time: 2021-08-13
Swelling freight rates and container shortage have become a global challenge disrupting supply chains across industries. Over the last six to eight months, shipping freight rates across transportation channels have gone through the roof....
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