Home / Knowledge / News / Textiles / MLAC reduction: good news for TCF industry
MLAC reduction: good news for TCF industry
05
Feb '09
The reduction of MLAC under SPARTECA-TCF (S-TCF) Scheme from 23 February 2009 is good news that the Textile, Clothing & Footwear (TCF) industry can give to their clients in Australia.

The improved access will be good news for our clients especially since we have had to pass on price increases recently due to wages hike.

The TCF Council of Fiji extends its sincere thanks to Australian government for the reduction as well as the assistance provided through AusAID to help improve productivity and competitiveness. Fiji Customs Authority also played a key role in establishing proper audit systems that helped fulfill the criteria to achieve the MLAC reduction.

The TCF Council will be working closely with Australian High Commission on details of the implementation of the reduction. While the MLAC reduction will not impact directly on garment cost, it will enable Fiji factories to engage in discussions with Australian customers to introduce new product lines to their medium to long term production plans that will take advantage of the 25% LAC requirement under S-TCF Scheme.

The TCF industry is very important to poverty alleviation in Fiji as it mainly employs the “working poor” who would otherwise have very few, if not, any alternative means of earning an income. Of the 5000 people employed in the industry, 80% are women.

Employment in the TCF industry enables these people to earn an income that is used to educate themselves as well as their children. It also provides them an opportunity to learn skills and then move “up the ladder” within the industry or even to other industries. The industry provides a genuine opportunity to workers to break out of the “poverty cycle”.

According to UNDP's latest estimates, the value of Fiji's garment exports fell by almost two-thirds between 1999 and 2005, and an estimated 12,000 people lost their jobs. The impact of these job losses would not have been fully reflected in the HIES data and would have contributed significantly to the worsening of Fiji's poverty situation in 2005-06.

The TCF industry is also an important source of export revenue which Fiji is in dire need of. In 1999/2000, TCF exports were F$340 million with 18,000 employed which has reduced to F$100 million and 5000 people employed in 2006/07.

With the right support and policies, the downward trend of the TCF industry can be reversed. It is a matter of choice.

TCF Council of Fiji


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X