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The Chinese government appears determined to keep pushing its nation’s economy towards a more sustainable path, issuing five key green economy-related policy documents this year (2024), with eco-plastics supply and eco-plastics packaging part of the focus.

For example, an ‘Opinion on speeding up China’s green economy’ issued in July by the State Council – China’s cabinet – listed directing more companies to use green packaging as one of its main goals by 2030 http://epaper.cenews.com.cn/html/2024-08/12/content_99269.htm…

EUROPEAN oil and fats industry representatives are concerned and green groups angry that the European Commission is proposing to delay (1) implementation of the May 2023 European Union (EU) deforestation regulation (EUDR) (2) by a year. However, industry groups in Malaysia and Indonesia are hailing the delay as a sensible move, helping them prepare for the new regime.…

Indonesia’s food and beverage industry is pushing for a delay implementing a new nutritional labelling system, warning that the regulations could have significant economic repercussions if rushed.

The government’s Regulation No. 28/2024 on health includes measures aimed at controlling sugar, salt, and fat content in processed foods as part of efforts to reduce non-communicable diseases such as heart disease, diabetes, and stroke (1).…

Major emerging markets such as Vietnam are regarded by the west as sourcing hubs for products and packaging, but this south-east Asian country of 100 million people is now a major metal packaging market. According to recent forecasting from India-based market researcher Mordor Intelligence, the Vietnamese metal packaging market is expected to expand at a compound annual growth rate (CAGR) of 3.07% from 2024 through 2029, growing from USD2.11 billion to USD2.45 billion (1).…

Bangladesh’s accounting professionals have faced a challenging two months as political unrest toppled the country’s former government, which had imposed an internet blackout, hindering mobile and broadband communications with international clients and head offices.

Kowsar Ahmed, a Dhaka-based senior associate accountant working for a Big Four accounting firm (NOTE TO EDITOR – IT IS PWC – BUT HE COULD NOT SAY SO – OR HE WOULD HAVE TO GET PERMISSION, WHICH WOULD HAVE BEEN REFUSED) said: “Most of our clients are from abroad.…

As intensifying international trade frictions highlight the need for Chinese textile companies to spread their risk by investing in production capacity within diverse global markets, Chinese textile companies are indeed expanding their global footprint. That includes downstream as well as upstream segments.…

The metal packaging sector in Taiwan has been building a sustainable future, with solid growth since the end of the Covid-19 pandemic, can makers and fillers told Cantech International at the Taipei Pack trade show in the Taiwanese capital Taipei (1).…

China’s tobacco consumption has been growing despite its sluggish economy, increasing its import of leaf worldwide. In 2023, China’s tobacco industry generated receipts of Chinese Yuan Renminbi CNY1.5 trillion (USD206 billion), up 4.3% from 2022, according to the China National Tobacco Corporation (China Tobacco).…