Search Results for: Thailand

AS the second largest economy within the Association of Southeast Asian Nations (ASEAN) bloc, Thailand remains a key market in the region for paint and coatings sales. Regarding sales of home paints and coatings, including lacquers and varnishes, London-based market researcher Euromonitor International says that sales have been growing strongly.…

THE WORLD Trade Organisation (WTO) Disputes Settlement Body (DSB) has approved establishing disputes settlement panels ruling sought by the USA on whether retaliatory duties imposed by the European Union (EU), Canada, China, and Mexico on US confectionery and sweet bakery and associated ingredient exports, imposed in response to America’s controversial steel and aluminium tariffs, break WTO rules.…

THE VIETNAM Chemicals Agency us ramping up efforts to remove lead from paints in Vietnam – officially requesting to be considered a partner in the Global Alliance to Eliminate Lead in Paint, a voluntary partnership formed by the UN Environment Programme (UNEP) and the World Health Organisation (WHO).…

THE FIRST civilian airport to operate in the Himalayan Indian state of Sikkim has started operations. Building Pakyong Airport, near the state capital Gangtok, has been an engineering challenge for Indian contractor the Punj Lloyd group, which needed to build an 80.3 metres-high reinforcement wall to stabilise the surrounding mountainous terrain.…

IN its trade war against China, the Trump administration in the USA has added tariffs on a wide range of upstream textile inputs and fashion-related consumer products, raising the spectre of fraudulent rerouting of Chinese textile-garment products through neighbouring regions, notably south-east Asia.…

Cryptocurrencies have made a big splash across Asia, and governments have taken very different regulatory approaches to curb associated financial scams and money laundering.

While there is one group of countries that has banned the operation and use of cryptocurrencies entirely, including China, India and Vietnam, a second category spans countries that see cryptocurrencies as potentially boosting their own financial sectors.…

THE CHINESE government has directly targeted the American confectionery and related ingredients sector in its latest tit-for-tat response in the trade wars launched by US President Donald Trump. Beijing has highlighted these goods as products that may become subject to retaliatory tariffs, should the USA impose a threatened third list of duties on Chinese tech, drafted over alleged thefts of American IP.…

NEGOTIATIONS for a free trade agreement between Indonesia and the European Union (EU), which will pave the way for greater opportunities for the textile and garment sectors, are entering a final phase, the head of Indonesia’s textile industry association said.

“Negotiations are entering the sixth round.…

THE MALAYSIAN government has approved a new minimum wage of Malaysian Ringgit MYR1,500 (USD368) for the private sector, but the new wages floor will be phased in gradually.

“If we push for higher minimum wages, cost of production will go up and we will not be competitive,” Malaysia’s Prime Minister Dr Mahathir Mohamad told the country’s national news agency, Bernama, today.…

Signs of an accelerating relocation of garment investment from China to the Philippines are emerging, amidst the US imposing an additional 10% duty on textile and some clothing products from China. The Chinese government retaliation of an additional 25% duty on US cotton imports making raw material sourcing for China-based manufacturers more expensive has also raised the cost of doing business in China.…