Search Results for: Korean

While medical teams worldwide seek to free up hospital beds to care for Covid-19 victims, attention is turning to effective wound care for patients to hasten healing following surgery, avoid cross contamination in a hospital and enable proper care at home following direct clinical supervision.…

Ecommerce is becoming an increasingly popular way to order food and drink, with home deliveries booming during the current Covid-19 health emergency. But to what extent are such deliveries generating carbon emissions through fuel and additional packaging waste? E-commerce accounts for an increasingly large slice of the global retail market, growing 28% in 2017, 22.9% in 2018 and by 20.7% in 2019, to USD3.535 trillion, and forecast to reach USD4.2 trillion in 2020, according to eMarketer’s Global Ecommerce Forecast 2019.…

As with every business sector in every country around the world, Japan’s paint and coatings industry has been thrown into uncertainty over the full impact and longer-term implications of the coronavirus Covid-19 that has swept the globe since first emerging in China in December 2019. …

With the Korea Cosmetic Industry Institute (KCII) estimating there were USD11.7 billion’s worth of South Korean-made personal care products (‘K-beauty’) sales in 2019, including nearly USD6.49 billion in exports, and more than 16,000 individuals and businesses officially licensed to provide cosmetic products and services, South Korea’s cosmetic industry has the innate strength it will need to cope with the Covid-19 crisis.…

Indonesia’s industry ministry launched an initiative in February (2020) aimed at eliminating lead used in paint made and sold in the country. It involves the Indonesian paint industry, is part of the United Nations Environment Programme’s (UNEP) Strategic Approach to International Chemicals Management (SAICM) project and is funded by the Global Environment Facility (GEF), an international investment body.…

The can making and filling sectors have become beneficiaries – at least in the short term – of consumers turning their kitchen cupboards into pandemic pantries, stockpiling canned food and other long-lasting products because they fear of food shortages because of Covid-19.…

The textile industry in Guatemala represents 8.9% of the country’s gross domestic product (GDP), but a rise in production costs is jeopardising the industry’s overseas sales competitiveness. Therefore, Guatemala producers are focusing on buying and installing cutting edge technology to improve existing operations and even create new business divisions, maintaining their competitiveness against other suppliers in the region, Alejandro Ceballos, president of the country’s Apparel & Textile Industry Association (Vestex).…

In a market long dominated by well-established players, the success of ‘masstige’ beauty brands, which combine elements of mass and luxury products, is creating fierce competition in the Gulf Cooperation Council (GCC) region. Consumers in the United Arab Emirates (UAE), Saudi Arabia, Qatar, Kuwait, Bahrain and Oman looking for skincare and cosmetics are increasingly shopping from South Korean brands such as Etude House, which opened a branch in Dubai Mall in 2018 and is known for its quirky kitsch products, and The Face Shop, which arrived in Dubai in 2008 and recently renovated its four concept stores in the city.…

THE MALAYSIAN government has issued a Domestic Systemically Important Banks (D-SIB) Framework, which tells financial institutions of importance to Malaysia’s wider economy to hold minimum levels of reserves to protect themselves against troubled times. Mandatory ‘higher loss absorbency’ (HLA) requirements for listed systemic banks, ranging between 0.5% to 1.0% of risk-weighted assets, will come into force from January 31, 2021.…

South Korea’s ministry of food and drug safety (MFDS) has released new guidelines designed to enable food companies selling into the country to more easily comply with national nutrition labelling regulations. The guidelines include a 10-step code of practice, a decision tree pictorial as well as a Q&A tutorial.…