Search Results for: Thailand

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.…

Airbus is to pay out EUR3.6 billion (USD4 billion) under a trio of deferred prosecution agreements (DPAs) with British, French and United States authorities that were simultaneously agreed by national courts January 31 as part of a global resolution over bribes to clinch civil and military aircraft sales.…

IMPORTERS of paints into Japan have been given four time-windows in 2020 to secure ‘small volume permits’ under which coatings can be brought into Japan without any new chemical components being declared to regulators. This special exemption applies to imports of a product into Japan under one tonne per year, says the Japanese Chemical Substances Control Law.…

A queue formed at the L’Oréal stand at November’s China International Import Expo fair, in Shanghai: the French firm had set up photo opportunities to appeal the ‘Da ka’ set – Chinese slang referring to generation of selfie-taking youths who seemingly live to photograph themselves at important landmarks.…

KEY textile manufacturing countries in southeast Asia are investing in new machinery to upgrade their textile technology, boosting backward linkages as they seek to strengthen and update local supply chains, international trade data shows. While that level of investment in imports seems to have declined in 2018, key textile manufacturing Association of Southeast Asian Nations (ASEAN) bloc countries have been importing millions of dollars of new machinery, helping them make the most of trade deals that can insist in local fabric, yarn and fibre sourcing.…

Data by the Asia Nonwoven Fabrics Association (ANFA) shows that nonwovens production in Asia increased by a robust 6.5% year-on-year in 2018, to 5.6 million tonnes. China-based manufacturers were responsible for the bulk of this output, producing 4 million tonnes. However, but India-based production increased at faster pace, at 15.9% up, year-on-year.…

China’s state textile planners have announced they are intensifying ties with Mekong River countries within southeast Asia in the textile and apparel sectors, contradicting assumptions that the Chinese government wants to oppose the exodus of production to this region.

On October 21, the China National Textile and Apparel Council (CNTAC) announced that it would intensify cooperation with the five SE Asian countries who are co-members of Lancang-Mekong Cooperation forum – Myanmar, Laos, Thailand, Cambodia and Vietnam (Lancang is the name of the upper Mekong in China).…

AN INCREASING reliance on using nanotechnology is giving Malaysian textile manufacturers a competitive edge over rival producers in south east Asia, experts claim.

According to Seow Hon Cheong, president of the Malaysian Textile Manufacturers Association, since the US–China trade war began, opportunities for exports by and investments in the Malaysian textile sector have opened.…

A sharp increase in imports of cars into Vietnam has underlined how this south-east Asian country of 96 million people, could become a major auto market, especially as Vietnamese drivers move from motorcycles to cars.

At present, the motorcycle is king in Vietnam.…

THE NEW European Commission, which is now expected to assume office on December 1, is expected to push the further harmonisation of European Union (EU) food labelling rules regarding nutrition. Incoming EU health commissioner, Stella Kyriakides, of Cyprus, said she wanted to see the Commission act against pack claims declaring that products were healthy when they contained “a high level of sugar, fat or salt”.…