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Search Results for: Indonesia

10 results out of 791 results found for 'Indonesia'.

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ASIAN PAINT REGULATORY ROUND UP – INDONESIAN EXTERIOR PAINT STILL USES LEAD, WARNS WORLD BANK 

A World Bank study released in October revealed that 58% of Indonesian households with visible interior paint still use products containing lead, posing significant health risks, especially to children under five. An estimated 10.2 million young Indonesian children live in homes with lead-based paint, with 14% of them at heightened risk from deteriorating paint conditions, according to the report.

It said 77% of popular paint brands on sale in Indonesia exceed safe lead levels, contributing to long-term health issues such as reduced IQ, neurological disorders, and cardiovascular problems. 
 
The country’s industry ministry denied the report’s claims, stating that Indonesia’s decorative paints meet national standards, which limit lead content to below 90 parts per million (ppm), in line with World Health Organisation (WHO) recommendations. 
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ASIAN PAINT REGULATORY ROUND UP – CHINA CRITICISES EUROPEAN TITANIUM DIOXIDE ANTI-DUMPING DUTY

The China National Coatings Industry Association has complained that a European Union (EU) anti-dumping investigation into Chinese exports of titanium dioxide have sparked anti-dumping tariff rates far higher than expected. The provisional anti-dumping rates announced by the European Commission in July were 39.7% for the Longbai Group, 14.4% for Anhui Jinxing Titanium Dioxide Group, 35% for other responding companies, and 39.7% for other non-responding companies.

The China Coatings Industry Association warned that if this tax rate is implemented, it will seriously affect the exports of Chinese titanium dioxide companies and the future development of the industry. 
 
*The Indonesian Paint Manufacturers Association (APCI – Asosiasi Produsen Cat di Indonesia) has worked with the government to launch a high school programme, promoting and explaining paint technology.  
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ASIAN PAINT REGULATORY ROUND UP - INDINESIA NEW CAPITAL PROJECT GATHERS STEAM WITH MAJOR PAINT AND COATINGS SALES POTENTIAL

As construction ramps up, paint and coatings companies are eyeing lucrative opportunities in Indonesia's new capital Nusantara, with several recent project launches promising a significant boost to the industry.   Outgoing President Joko Widodo recently inaugurated several key projects in Nusantara, including the emerging city's international airport, hospitals, schools and housing.


Several ongoing projects promise to further fuel the demand for coatings including a new presidential palace, the parliament building and smart city infrastructure. 
 
Nusantara’s focus on sustainability presents a unique opportunity for eco-friendly coatings, the government has stressed. It has mandated the use of green building materials, including paints with low volatile organic compounds and recycled content.  
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EU/WTO REGULATORY ROUND UP – EU EXPLORES TOUGHER RESTRICTIONS ON NITROSAMINES IN FOOD AND DRINK



European Union (EU) food manufacturers are facing the potential imposition of new rules on the presence of nitrosamines in food products, following a European Food Safety Authority (EFSA) review that ended in November. EFSA has concluded that “it is highly likely that for all age groups dietary exposure to nitrosamines is above the level that could indicate a health concern”.…

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TOBACCO – HALAL OR HARAM? THE RELIGIOUS CHALLENGE OF SELLING INTO MUSLIM MARKETS



The tobacco industry is a global sector, with supply chains spanning the world. Muslim consumers – and there are 1.97 billion if them – are an important part of any tobacco major’s market portfolio, not to mention local Muslim companies. But a key challenge for tobacco companies targeting Muslim smokers, vapers and other consumers is religion – some Muslim scholars say tobacco is haram, and not in keeping with Islamic guidance, because of mental and physical impact on smokers.…

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AML INFORMATION EXCHANGE SYSTEMS DEEPEN AND BECOME MORE COMPLEX



The exchange of intelligence is a key element of AML/CFT, with FATF’s recommendations 36 to 40 focusing on international cooperation. The Egmont Group of FIUs also continues to hone how it securely delivers exchanges of sensitive AML/CFT information between its 167 members.…

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ASIA REGULATORY ROUND UP



The Indonesian government is ramping up its requirement for government-funded construction to use locally-made products by insisting paint and coatings manufacturers seeking to supply such projects use national standardisation and certifications.

This, said the chairman of the Indonesian Paint and Coatings Association, Markus Winarto, is part of a trade ministry directorate general of chemical, pharmaceutical and textile industries campaign to reduce imported products.…

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UAE’S PURE HARVEST CONSIDERS SECOND SUKUK AS IT LOOKS TO EXPAND TO ASIA



United Arab Emirates (UAE)-based Pure Harvest Smart Farms plans to raise funding through a new sukuk (Islamic bond) to support its food-security driven expansion plans, Tariq Sanad, the company’s chief financial officer, told Salaam Gateway.

The agritech firm’s breakthrough farming system that can produce year-round crops in the desert has attracted a diverse mix of investors since its inception in 2016.…

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DIGITAL INNOVATORS LOOK TO SPEAK GROWTH IN AFRICAN COTTON PRODUCTION AND TERADE



INTRODUCTION 

 

With the textile industry under pressure from consumers, regulators and standards to become more sustainable, companies are looking at all aspects of the supply chain – including upstream to fibre production. Digitalisation has a key role to play here, especially in supplier countries where the use of such technology is weak – such as in Africa.…

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SEC CHARGES 11 IN USD300 MILLION CRYPTO PYRAMID SCHEME



The United States Securities & Exchange Commission (SEC) on August 1 charged 11 individuals with fraud offences over their roles in creating and promoting Forsage, a fraudulent online crypto pyramid and Ponzi scheme that raised more than USD300 million worldwide. Millions of retail investors inside and outside the US invested in what was claimed to be a decentralised smart contract platform using the Ethereum, Tron and Binance blockchains.…

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