Search Results for: Thailand
10 results out of 723 results found for 'Thailand'.
SPLIT VIEWS AS POLITICAL CHAOS BRINGS BACK TALKS OF CANNABIS RECRIMINALISATION
The May (2023) general election in Thailand which saw fully democratic parties win handsomely over the military-backed ruling United Thai Nation party could throw the country’s recent decriminalisation of cannabis into doubt.
The progressive Move Forward Party topped the polls, along with allies it commands a majority in Thailand’s parliamentary lower House of Representatives.…
THAILAND PAINT SECTOR FACES EXPORT DECLINE BUT INDUSTRY STEADY AS ECONOMY GAINS TRACTION
The Thailand paint and coatings sector is expanding faster than general economic growth in Thailand, expanding sales as the country transitions from military-dominated to democratic rule.
This southeast Asian powerhouse economy is projected to grow GDP by 3.9% in 2023, up from 2.6% last year due to stronger-than-expected export demand from China, Europe, and the United States, according to the World Bank (1).…
THAILAND PAINT SECTOR FACES EXPORT DECLINE BUT INDUSTRY STEADY AS ECONOMY GAINS TRACTION
This southeast Asian powerhouse economy is projected to grow GDP by 3.9% in 2023, up from 2.6% last year due to stronger-than-expected export demand from China, Europe, and the United States, according to the World Bank (1).
Thailand’s ministry of commerce has maintained a targeted year-on-year growth for exports this year of 1%-2%, after a 5.5% gain in 2022 (2).…
HUGE AND GROWING MARKET FOR WELLNESS-FOCUSED APPAREL PROMPTS FABRIC INNOVATION
THE COVID-19 pandemic brought many changes to the world, and changes in fashion that incorporated a desire to enjoy a healthy lifestyle was one. With many consumers spending more time at home, including during working hours, demand for comfortable clothes with functionality to aid indoor and outdoor exercise has boomed.…
PHILIPPINE COATINGS AND PAINTS SECTOR ENJOYING MACROECONOMIC TAILWINDS
The Philippines’ demand for coatings and paints is leaving the pandemic behind, with London-based market researcher Euromonitor International reporting that home paint retail sales in the Asian archipelago returned to growth in 2021. That year, they recorded Philippines Peso PHP15.4 billion (USD280 million), up from PHP14 billion in 2020 but still lower than the PHP18 billion in pre-pandemic 2019.…
INTERNATIONAL REGULATORY ROUND UP – DETAILED EU KNITWEAR INDUSTRIAL EMISSIONS RULES BY BECOME TOUGHER
The European Union (EU) knitwear sector is preparing to follow new detailed ‘best available techniques’ (BAT) on reducing industrial emissions as the EU considers revised legislation that might tell national regulators to take a hard line on their implementation. The European Commission has proposed a new EU industrial emissions directive that – as drafted – would tell industrial regulators to set limits on BAT-associated emissions levels “at the strictest achievable level for the specific installation” (1).…
ASIAN PAINT REGULATORY ROUND UP - INDINESIA NEW CAPITAL PROJECT GATHERS STEAM WITH MAJOR PAINT AND COATINGS SALES POTENTIAL
BRAZIL’S DAIRY INDUSTRY AIMS FOR RECOVERY UNDER NEW PRESIDENT IN 2023
Brazil’s economy has been either contracting or sluggish for the last decade, but the country’s strong dairy sector hopes this year could be different. With a new President in charge of the most populous South American nation since January 1, business leaders say exports could revive the industry, even if the local market continues to be in poor shape.…
ASIAN PAINT AND COATING REGULATORY ROUND-UP – CHINA ORIENTATES ELECTRIC VEHICLE AUTO COATINGS RULES TO EU REACH REGIME
China’s Zhongguancun Inspection, Testing and Certification Industry Technology Alliance has released a standard to promote Chinese conformity with European Union’s (EU) REACH chemical control regulation in the automotive industry. The standard proposes REACH-compliant restrictions on REACH-regulated automotive chemicals, including paints and coatings.…
DEMAND GROWS FOR COATINGS THAT HELP IN MAKING ROAD PAVEMENTS SAFER AND GREENER
Worldwide, coatings companies specialising in manufacturing road pavement surface coatings are experiencing tailwinds, as the public and private sectors increasingly grow aware that these coatings present affordable solutions to major environmental problems.
A South Korean pavement surface coating developed by Incheon-based start-up Jchi Global (1), that reduces the scattering of fine dust in the atmosphere – which the World Health Organisation (WHO) says causes 7 million deaths-a-year worldwide from cardiovascular diseases, respiratory diseases (asthma, COPD), and more.…