Search Results for: Indonesia
10 results out of 745 results found for 'Indonesia'.
INTERNATIONAL REGULATORY ROUNDUP – EU CONFECTIONERY SECTOR FIGHTS MOVE TO REIMPOSE CONTROLS ON EUROPEAN SUGAR MARKETS
EUROPEAN confectionery and sugar processing associations have appealed to the European Parliament not to reimpose market controls on the European Union’s (EU) sugar sector. MEPs have pressed for new restrictions during the ongoing negotiations about reforming the EU Common Agricultural Policy (CAP).…
EU WTO ROUND UP – PEACE BREAKS OUT IN TRANSATLANTIC FOOD AND DRINK TRADE WAR
PEACE appears to be breaking out between the European Union (EU) and the UK on one side the USA over an aircraft subsidy-prompted trade war that had led to billions of dollars of duties being levied on food and drink exported between these countries.…
THE RECP - HOW THE WORLD’S BIGGEST FREE TRADE AGREEMENT WAS SIGNED AND HOW IT WILL CHANGE ASIA
Brief:
This article provides an analysis of why the world’s largest regional trade deal (in population terms) – the Regional Comprehensive Economic Partnership (RCEP) – was signed last November (2020). It assesses China’s role in this important political and economic event, and how it reflects its relations with other signatory countries.…
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.…
ISLAMIC FINANCE FLOURISHES IN THE GULF AND SE ASIA
Islamic finance is flourishing across parts of the Middle East and south-east Asia. Assets are increasing, there is a greater diversification in product offerings, and Islamic fintech is starting to take off.
Islamic finance assets were estimated at USD2.88 trillion globally in 2020, and are forecast to grow at a CAGR of 5% to 2024, to reach USD3.69 trillion, according to New York-based research firm DinarStandard’s State of the Global Islamic Economy (SGIE) 2020-21 report.…
EY/WTO REGULATORY ROUND UP – EU FOOD AND DRINK TRADE WITHSTANDS COVID-19
THE EUROPEAN Union’s (EU) international food and drink trade has withstood the challenges of Covid-19, with figures for the first eight months of 2020 valuing EU exports (excluding the UK) at EUR119 billion, up 1.2% compared to January-August 2019. Imports also rose slightly to EUR81.6 billion (up 0.8%).…
INTERNATIONAL REGULATORY ROUND UP – EU/UK CONFECTIONERS MUST ABIDE BY COMPLEX ORIGIN RULES TO SECURE BREXIT DUTY FREE TRADE
BRITISH and European Union (EU) confectioners must take care to ensure their products meet new origin rules if they want them covered by the duty free goods provisions of the new EU/UK trade agreement struck on Christmas Eve.
The 1,256-page deal includes complex and comprehensive origin rules, such as for chocolate, which can be deemed made in the EU and Britain if all dairy, eggs and honey used are sourced locally, as well as at least 40% of grains, malt, starches and wheat, (which must also not exceed 30% of costs).…
INTERNATIONAL TECHNICAL UPDATE – IASB CONSULTS ON IN-GROUP MERGER ACCOUNTING STANDARDS
The International Accounting Standards Board (IASB) is consulting on proposed new accounting requirements for mergers and acquisitions involving companies within the same group. At present IFRS 3 on business combinations covers mergers and acquisitions involving third party-owned businesses, not intra-group deals.…
CORRUPTION REMAINS A MAJOR PROBLEM IN ASIA, SURVEY FINDS
A new Transparency International (TI) survey has reported significant concern in 17 Asian countries (1) that corruption continues to be a problem or is getting worse, undermining equitable access to public services and trust in government. TI’s ‘Global Corruption Barometer – Asia’ (2) found 74% of the 20,000 people surveyed believe that government corruption is a major problem in their country, with 19% of citizens surveyed admitting to paying a bribe and 22% using personal connections when accessing public services in the previous year.…