Search Results for: Thailand

THE INCOMING European Commission may seek to further harmonise European Union (EU) food labelling rules on sugar content. This pledge comes from the nominee for new EU health commissioner, Stella Kyriakides, a Cypriot parliamentarian, whose EU role includes being responsible for food safety and standards.…

COMPANIES using offshore tax jurisdictions need to assess whether their strategies can be branded unethical, as well as illegal, causing them reputational as well as financial damage. They need to assess whether the risk is worth taking. Poorna Rodrigo reports.

The series of data dumps, such as the Panama Papers, and the recent Mauritius Leaks have continued to tarnish the reputation of offshore tax havens, but experts stress that properly used, a positive case can be made for offshore tax policies.…

THE PHILIPPINES and Thailand cigarette industries are still fighting a long trade dispute that has seen litigation rumble through the World Trade Organisation (WTO) since 2008. That year, the Philippines government lodged a series of complaints with the WTO’s disputes settlement body (DSB) that the Thai Customs Department had imposed unjust restrictions on imports of cigarettes from the Philippines.…

COSMETICS companies serving the south Asia market may grumble that they are facing challenges, but the reality is the region’s emerging markets offer growth rates that can only be dreamt of in richer countries.

India’s beauty and personal care product market is a case in point.…

VIETNAM has been a major textile production hub for years and, as the country’s government pushes sectors to embrace technology associated with the Industry 4.0 movement, some companies are adapting advanced methods such as digital textile printing.

According to statistics from India-based Mordor Intelligence, Vietnam is the third-largest garment exporter in the world, with the United States, the European Union, Japan and South Korea serving as major destination markets. …

CHINA’S ministry of finance drafted regulations punishing accountants violating national accounting laws. Proposals under public consultation would include blacklisting accountants found guilty of fabricating, hiding or destroying financial reports, books and documents, or telling other accountants to undertake such malpractice. Accountants involved in embezzlement would suffer the same fate.…

THE CHINESE government has from September 1 imposed 5% additional retaliatory duties on US exports of paint to China, in the latest round of the trade war between the two countries. The new tariffs cover products such as polyester, acrylic, ethylene and polyeurathane powdered paints; acrylic, polymer and vinyl liquid paints; and more – see http://gss.mof.gov.cn/zhengwuxinxi/zhengcefabu/201908/P020190823604938915640.pdf…

REMOVING non-tariff-barriers (NTBs) impeding the trade in automobiles, parts and materials between the 10 member countries of the Association of Southeast Asian Nations (ASEAN) is key to unlocking the regional automotive industry’s full potential, experts argue. However, they agree that such moves cannot be achieved without short-term pain.…

A WAVE of oil and gas structure decommissioning in the North Sea, a steady continuing flow in the USA’s Gulf of Mexico fields, and a similar longer-term challenge in south-east Asia are concentrating minds on the infrastructure needed to dismantle such equipment safely.…

SOUTH-EAST Asia’s beauty and personal care product market continues to grow, with more mature markets in the region demonstrating an increasing preference for natural products.

As might be expected, consumers in the wealthy city state of Singapore are especially keen to spend more money on lines with natural ingredients.…