18 June 2019
  
Highlights
 
World
Singapore: most competitive economy
Jun 12, 2019 / Singapore
Singapore has ranked as the world’s most competitive economy for the first time since 2010, according to the IMD World Competitiveness Rankings, as the United States slipped from the top spot and economic uncertainty took its toll on conditions in Europe   
 
Trade
India increases tariffs on US goods
Jun 18, 2019 / India
India has imposed higher customs duties on a range of goods coming from the US, effective from last Sunday. This comes as a response to similar measures taken by the US   
 
Companies
Huajian group to invest in Ethiopia
Jun 13, 2019 / Ethiopia
According to the website of the Ethiopian Embassy Brussels, the Chinese-based group will invest 100 million US dollars in shoe manufacturing and coffee processing   
 
Trade
Crocs to reduce sourcing from China
Jun 14, 2019 / United States
The footwear company known for the iconic clogs says the amount of US products sourced from China will be below 10% for 2020. Currently, Crocs imports 30% of its US product from China   
 
Innovation
The importance of design in sustainable footwear
Jun 14, 2019 / Portugal
An increasing number of companies are focusing on products based on recycled, recyclable, biodegradable, renewable materials and more durable products and the design element is key on the whole process   
 
Companies
Puma to invest 40 million US dollars in Indiana
Jun 14, 2019 / United States
Puma North America intends to invest 40 million US dollars in a new distribution center in Indiana. A 635 000-square-foot building and the hiring of 90 people should be the key elements of the new facility   

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