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Search Results for: hong Kong

10 results out of 906 results found for 'hong Kong'.

MAJOR INTERNATIONAL BRANDS USING E COMMERCE LINKS TO MAINTAIN POSITION IN CHINA'S GROWING BEAUTY MARKET



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.…

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COMPANIES TURN SUSTAINABILITY INTO PROFITS, ESQUEL INTEGRAL CONVERSATION HEARS



In every industry, including the clothing and textile sector, sustainability often means huge amount of long-term investment – be it new sewage processing systems or recycling technology. But how to get rewards from these investments? At the Integral Conversation conference held by Hong Kong-based shirt manufacturer, Esquel, in Guilin, Guangxi Zhuang autonomous region, on November 8, companies in the fashion industry were exploring solutions.…

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ASIAN REGULATORY ROUNDUP – SINGAPORE TAX COLLECTORS USE POWERS OF ARREST FOR FIRST TIME



THE INLAND Revenue Authority of Singapore (IRAS) has for the first time used powers of arrest, in October and November raids, holding 10 suspected members of a crime syndicate, suspected of operating a GST carousel fraud. Chains of sales and purchases have ended in goods disappearing or being exported, with dishonest participants claiming input tax for GST, which is ultimately never paid to the government.…

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HONG KONG-OWNED COMPANY OFFERS GOOD PRACTICE IN DELIVERING SUSTAINABILITY WITHIN VIETNAM’S TEXTILE INDUSTRY



A MAJOR textile and clothing exporter in Vietnam hopes that it is influencing the country’s growing fabric and apparel industry to become more sustainable – telling WTiN.com of its good environmental practice.

Delman Lee, president and chief technology officer of Hong Kong-based TAL Apparel Ltd, which produces shirts and polo knits at two factories in Vietnam’s Vinh Phuc province, north of Hanoi, exporting mainly to the USA, claimed the company has been improving its sustainability for more than a decade.…

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AML DATA AGGREGATION WILL BECOME MORE ATTRACTIVE, AS TRUST BUILDS IN AI SOLUTIONS



Aggregated data on shared utility platforms operating across global financial services would “remove banks’ fiefdoms, internal silos that stop them from making the KYC process more informed” and “reduce the risk of bad actors entering the financial system through a weak link,” a report from financial services technology providers Celent, in Boston, USA, has claimed.…

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EU/WTO INTERNATIONAL REGULATORY ROUND UP – NEW EU COMMISSION PLOTS LABELLING REFORMS



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”.…

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INTELLIGENT MATERIALS DELIVERING BETTER FUNCTIONALITY AND SECURITY TO BEAUTY PACKAGING



INTELLIGENT materials make for packaging with better functionality and security, and innovative producers worldwide are developing better protection for personal care products.

Market researcher Smithers Pira, in a January 2018 report The Future of Active & Intelligent Packaging to 2023, notes potential uses for cosmetics manufacturers includes greater levels of engagement with customers, more personalised products and enhanced security and tracking features.…

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VIETNAM’S DIGITAL TEXTILE PRINTING INDUSTRY ADVANCING INTO NEW ERA



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. …

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IRISH ACCOUNTANTS ARE BUSY ADVISING CLIENTS ON GROWING CHINESE INVESTMENT INTO IRELAND



 

IRISH accounting executives are busy advising clients on how to benefit from a new wave of Chinese investment that is moving into Ireland. At a party staged at the Convention Centre Dublin this September to mark 40 years of diplomatic relations between the two countries, Ambassador He Xiangdong said Chinese investors “are in a good mood” about Ireland, with Chinese foreign direct investment into the Republic exceeding EUR128 million from this January-June, up 75% year-on-year.…

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CHINA’S FINANCE MINISTRY PLOTS LAW PUNISHING LAW BREAKING ACCOUNTANTS



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.…

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