Market News | HKTDC Hong Kong International Home Textiles and Furnishings Fair

Market News Picture
High Cost Philippine Handcrafted Interior Items Prove Commercially Viable
Mar 2025

Tailored designs and classic craftmanship are still worth paying a premium for, judging by the interest at one of Manila’s leading interior events.

Market News Picture
Furniture Makers Opt for Green Innovations at Malaysian Furniture Event
Mar 2025

Environment-aware consumers are driving furniture firms to find sustainable sources of wood, according to experts at Kuala Lumpur expo.

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Recycling and IP Collaboration Stand Out at Kuala Lumpur Furniture Show
Mar 2025

Exhibitors at the Malaysian International Furniture Fair (MIFF) outline their green and IP-cross-over business strategies.

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Philippine Furniture Businesses Out in Force to Leverage Manila Show
Mar 2025

The Philippine International Furniture Show proved an ideal platform for designers and exporters to showcase their portfolios.

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Local Demand Fuelling Philippine Furniture Makers’ Faith in Future Growth
Mar 2025

Furniture businesses at Manila trade show say a big increase in domestic sales is quashing concern over looming tariffs and tighter regulations.

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Philippine Furniture Makers at Manila Tradeshow Report Scaling Challenges
Mar 2025

Demand is growing both at home and overseas but manufacturers are struggling to overcome slow production speeds, raw material constraints, and regional competition.

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Malaysia-Based Furniture Exporters Remain Bullish on US Market
Mar 2025

The threat of US import tariffs did little to dampen optimism at Kuala Lumpur furniture expo, with exporters well prepared for any changes in duty.

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North America’s E-Commerce Market Holds Vast Potential
Feb 2025

North American consumers are accustomed to using search engines to browse through product information and refer to online reviews on popular websites before making purchases online. Hence, e-commerce businesses in North America often use search engine optimisation (SEO) strategies and place ads on online media to increase brand visibility and traffic flows.

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BANGLADESH: 10-Year Tax Exemption Plan for Renewable Energy Projects
Nov 2024

The Bangladeshi government has announced that renewable energy projects in the country will get a 10-year tax exemption. The National Board of Revenue (NBR) issued a notification on 29 October 2024 granting renewable energy projects 100% tax exemption for the first five years, 50% for the next three, and 25% for the following two years. The tax holiday will apply to power plants starting commercial operations between 1 July 2025 and 30 June 2030. Eligible plants are those built under the build-own-operate (BOO) model outlined in the Private Sector Power Generation Policy. The plants should meet all policy conditions and be operated according to the policy guidelines.

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Higher Duties for Certain Upholstery Fabric
Aug 2024

U.S. Customs and Border Protection has reclassified effective from 14 October certain woven upholstery fabric as other woven fabrics under HTSUS 5515.12.00 (12 percent duty) rather than as coated textile fabrics under HTSUS 5903.90.2500 (7.5 percent duty).

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