Search Results for: Australia
10 results out of 1414 results found for 'Australia'.
SOUTHEAST ASIA FACES UP TO LOOMING OIL AND GAS DECOMMISSIONING CHALLENGE
THE ASIA-PACIFIC (APAC) region’s oil and gas sector faces an unprecedented level of decommissioning for which it is under-prepared and lacks experience, analysts have warned. Unclear regional government regulations coupled with a lack of local expertise mean that companies and regulators face a steep learning curve, high initial costs and the potential for mistakes, according to the consultancy group Wood Mackenzie’s latest analysis.…
JAPAN BEEF SUPPLIES TO INDONESIA ON THE RISE
JAPANESE eateries are expanding in Indonesia as the appetite for beef rises among south-east Asia’s most populous country’s growing middle class.
In 2016, Indonesia’s beef consumption was 1.84 kg per capita (its population is 261 million), up from 1.45 kg a decade earlier, according to business researcher Statista.…
MEAT INDUSTRY WORKING AROUND RUSSIA COUNTERSANCTIONS AS MEAT BAN EXTENDED TO END OF 2019
THE RUSSIAN and European Union (EU) meat industries are beginning to accept Russia’s ban on meat and livestock as a fact, with President Vladimir Putin extending the existing embargo on imports of meat and other food products to Russia from western countries and allies until December 31, 2019.…
VIETNAM TEXTILE SECTOR SET TO BENEFIT FROM AUSTRALIA TRADE LINKS BUT STILL FACE STIFF CHINESE COMPETITION
THE NEWLY signed 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) could help Vietnam boost garment and textile exports to the lucrative Australian market significantly. But the Asian clothing makers may still face big challenges in taking market share in this mature market away from China, experts warn. …
DISTRIBUTED POWER GENERATION WITH STORAGE CAN ASSIST RENEWABLES GROWTH BUT FACES OBSTACLES
GROWTH of distributed renewable power generation with storage is set to pick up significantly in key global regions of demand for electricity. Quantifying its impact on the rate at which renewables will capture share in the energy mix is made difficult by its often-hidden nature, but some utilities and energy policy makers are starting to get to grips with the challenge – the eventual results will be of interest to oil and gas marketers.…
INVESTMENT GROWS IN EMERGING MARKET NONWOVENS AS GLOBAL GROWTH EXPECTATIONS RISE
THE NONWOVENS sector has always been at the cutting edge of materials production, and so established developed economy manufacturers have often had the edge. But with global markets integrating, and emerging economies becoming increasingly sophisticated, new nonwovens manufacturing bases are growing all the time.…
EMPOWERING WOMEN IN ASIA PACIFIC WILL BOOST REGION’S ECONOMIC PROSPECTS
THE ECONOMIES of the Asia Pacific region are impressively dynamic, but HR experts agree much more could be gained if the region were to succeed in improving women’s skills and providing them with equal opportunities at work.
Illustrating just how much potential there is, the latest report from the McKinsey Global Institute published in April, ‘The power of parity: Advancing women’s equality in Asia Pacific’, has found that advancing women’s equality in the region could add USD4.5 trillion to their collective GDP annually in 2025 – a 12% increase over the “business-as-usual trajectory”.…
ZIMBABWE PASSES NEW MINING ACT AS MINERAL PRODUCTION RAMPS UP
Zimbabwe’s parliament has approved new mining legislation and measures that reform controls imposed under the ex-President Robert Mugabe, with the goal of boosting production and wooing investors. The liberalising measures dovetail with declarations from new President Emmerson Mnangagwa that the country – which has extensive lithium and chrome deposits – is now open for business.…
VIETNAM CLOTHING MANUFACTURERS SHOULD EMBRACE TECH TO MAKE THE MOST OF UPCOMING TRADE DEALS
The new realities of accelerating wage growth and the global shift towards placing smaller orders needs to be answered by Vietnam-based garment-makers by embracing technology-driven automation, according to ThreadSol, an India-based technology company. It supplies leading manufacturers in Vietnam with production software driven by artificial intelligence (AI) and Big Data.…
CHINA COTTON FUTURES PURCHASES PUSH UP MARKET PRICES AMIDST GLOBAL MARKET UNCERTAINTY
Cotton industry analysts have said the clothing industry should not overreact to a major hike in Chinese cotton futures contracts, following years of stockpiling the fibre by China buyers, even though they accept market uncertainty has been driving up prices.
Contracts have been purchased covering more than 361,000 bales of US cotton for 2019-20, according to US Department of Agriculture data which “would be enough to make 400 million t-shirts,” the Wall Street Journal suggested in an article on June 10, adding: “China has never booked that much cotton that far in advance at this time of year, in data going back to 1998” and has now become a “major consumer” of US cotton.…