Search Results for: Indonesian
10 results out of 284 results found for 'Indonesian'.
INDONESIA’S HALAL PHARMA SECTOR GROWS, BUT RELIANCE ON IMPORTED UNCERTIFIED INGREDIENTS IMPEDES DEVELOPMENT
Indonesia’s drive to require pharmaceutical products to be halal-certified is gathering pace, but the country’s pharma industry’s reliance on imported raw materials for medicines is impeding progress, officials and industry players say.
In October, Indonesia issued a government regulation requiring pharmaceutical products to be certified halal by 2029 for over-the-counter drugs and 2034 for prescription medicines.…
ASIAN REGULATORY ROUND UP – TAIWAN REVISES CLIMATE LAW TO ENSURE PAINT EXPORTS TO EU AVOID ECO-DUTY
The Taiwan Environmental Protection Agency (EPA) has initiated a revision of the island’s Greenhouse Gas Reduction and Management Law, partly to help paint and coatings manufacturers maintain access to the European Union (EU) market. The reform will take account of the EU’s planned Carbon Border Adjustment Mechanism, which may levy duties on products the EU deems have been made with excess carbon emissions.…
PANDEMIC DISRUPTS INDONESIA’S TEXTILE AND CLOTHING DIGITISATION PUSH
The Covid-19 pandemic has disrupted Indonesia’s efforts to digitalise its textile and clothing sector, with only a few large companies adopting new industrial revolution 4.0 technologies amid a slump in exports, government officials and industry executives have warned.
Three years ago (2018), Indonesia’s industry ministry unveiled an ambitious ‘Making Indonesia 4.0’ plan to encourage manufacturers to adopt virtual reality, 3D design, automation and internet of things technologies.…
COVID 19 CONTINUES TO SHAKE UP AML/CFT IN YEAR TWO OF PANDEMIC
AS COVID-19 batters the world into its second year of the most destructive global pandemic since the Spanish Flu of 1919, its impact on AML/CFT is becoming clearer. FATF released an updated assessment in December (2020) (1) highlighting an increase in certain predicate offences caused by the disease itself and the increased online activity it has generated: phishing scams, business compromise fraud; internet child sex exploitation; corruption and fraud related to medical supply contracts; and property thefts of vacant homes and offices.…
COVID-19 PANDEMIC BOOSTS INNOVATION IN INDONESIA FOR ANTI-MICROBIAL PRODUCTS
Indonesia’s National Textile Centre (BBT – Balai Besar Tekstil) in Bandung, West Java, this year (2021) established a melt spinning laboratory helping the country’s nonwovens industry develop products with special functionalities, including medical supplies and personal protective equipment such as masks and hazmat suits. …
INDONESIA PAINT AND COATINGS SECTOR SET FOR STABLE GROWTH POST-COVID-19
The paint and coatings industry in Indonesia still has ample room for growth amid booming infrastructure development, although it has had to struggle with the ongoing Covid-19 pandemic, say officials and industry experts.
With the property sector being the primary growth driver Indonesian paint and coating sales, the high demand for new housing and the repainting cycle assures the steady demand for paint and coating products, said Mahendra Chahar, senior consultant at Frost & Sullivan.…
INDONESIA PAINT AND COATINGS SECTOR SET FOR STABLE GROWTH POST-COVID-19
The paint and coatings industry in Indonesia still has ample room for growth amid booming infrastructure development, although it has had to struggle with the ongoing Covid-19 pandemic, say officials and industry experts.
With the property sector being the primary growth driver Indonesian paint and coating sales, the high demand for new housing and the repainting cycle assures the steady demand for paint and coating products, said Mahendra Chahar, senior consultant at Frost & Sullivan.…
ASIAN REGULATORY ROUND UP – INTEGRATED INDIAN PIGMENT AND RESIN PLANTS TO AVOID EIA ASSESSMENTS
NEW integrated paint manufacturing units in India with an annual production capacity of less than Indian Rupees INR500 million (USD6.6 million) will soon be exempt from securing prior environment clearance by the ministry of environment and forests (MoEF). This rule, covering plants with production facilities for resins and pigments, is expected to come into force early next year (2021) once the central government formalises and gazettes a new Environment Impact Assessment (EIA) Notification.…
INTERNATIONAL TECHNICAL UPDATE –
The International Federation of Accountants (IFAC) has released a white paper saying that the accounting profession needs to learn from the challenges of Covid-19, investing in boosting communication skills. This will enable accountants to be more effective pro-active trusted partners with their clients, able to adapt to flexible and remote working even after the pandemic subsides.…
ASIA PACIFIC PAINT AND COATINGS REGULATORY ROUNDUP – CHINA RELEASES ANTI-VIRAL/BACTERIAL COATINGS STANDARD
THE CHINA Coatings Industry Association on September 14 published a draft standard for the manufacture and sale of antibacterial and anti-viral coatings – a key growth segment during the Covid-19 pandemic. The draft specifies the terms, definitions, requirements, test methods, inspection rules, labelling, marking, packaging and storage of coating products with antibacterial and antiviral properties.…