Search Results for: Korean

BY GAVIN BLAIR, FRANCES WANG, RAGHAVENDRA VERMA and KARRYN MILLER

The Asian beer market, having overtaken Europe, is now the largest in the world, according to Japanese brewery Kirin. The region accounts for 31.7% of global consumption, compared to 30.8% for Europe, claims the annual report from the Kirin Institute of Food and Lifestyle.…

BY ANDREW SALMON

TO assess the state of financial sanctions and how they are affecting Pyongyang, capital of North Korea, the first man to ask is an unassuming-looking Englishman named Nigel Cowie. "We have not been affected [by the latest sanctions] in terms of the need for increased compliance," said Cowie, CEO of Pyongyang-based Daedong Credit Bank.…

BY WANG FANGQING

ASIA is opening up to the wider world culturally and its hair styles are becoming more varied as a result, allowing personal care product companies to sell a wider range of hair care lines.

With growing attention paid to appearances, Chinese consumers, for instance are spending more on their hair care.…

BY PACIFICA GODDARD, ANCA GURZU, GAVIN BLAIR and KEITH NUTHALL

NEW technologies devour new resources and the move towards hybrid and electric vehicles could make some currently impoverished countries rich. As the world moves away from fossil fuels, the soft metal lithium will become increasingly in demand as a critical component of auto batteries for green cars.…

BY RAGHAVENDRA VERMA and KEITH NUTHALL

COUNTRIES that start exporting cars to Britain usually have a tough time convincing consumers about the quality of their vehicles. Remember the Skoda and skip jokes? Well, no one makes those anymore. Korean cars used to have a reputation for being cheap rubbish.…

BY KEITH NUTHALL

WITH the World Trade Organisation’s (WTO) Doha Development Round in the doldrums this year, the European Union (EU) has been focusing on bilateral trade deals and European confectionery producers will benefit.

The most important of recently struck agreements has been an EU-South Korea trade deal, which will create a virtual free trade zone between the signatories.…

BY LEE ADENDORFF, WANG FANGQING, and ANCA GURZU

FOR consumers, sizing is easy – you know your size and you can tell if it has changed. But for knitwear manufacturers exporting internationally, sizing correctly for various regions can be a frustrating task.…

BY KEITH NUTHALL and KARRYN MILLER

THE AMERICAN and South Korean auto sectors are closely watching the outcome of informal talks between their governments over removing trade barriers within the 2007 US-South Korea Free Trade Agreement, which still requires ratification. The deal was negotiated by the old Bush administration, and is now being reviewed by Obama team, ahead of any renewed ratification push in the US Congress – with the auto sector being a key focus.…

BY PAUL COCHRANE

THE VALUE of the Turkish tobacco market is projected to increase by 8% in 2009, up from Turkish Lira (TL)18.596 billion (Euro 8.4 billion) in 2008 to TL 20.160 billion (Euro 9.1 billion) on the back of industry price increases and a rise in excise tax in June, according to British American Tobacco (BAT).…

BY KEITH NUTHALL

THE EUROPEAN Commission has unveiled details of how the new South Korean-European Union (EU) trade agreement will benefit the paint and coatings sector in Europe and South Korea. Notably, upon ratification of the agreement, 6.5% duties on EU imports of South Korean-made paints and varnishes, (based on synthetic and chemically modified polymers), will be scrapped, as will 6.5% tariffs on prepared driers.…