Search Results for: Australia

BY JULIAN RYALL

JAPAN is being accused of trying to write its own official asbestos testing system into an international standard, because it knows it does not work and so will get its government off the hook for asbestos exposure cases.…

BY MJ DESCHAMPS, KARRYN MILLER

Australia and New Zealand share many similarities and a large number of businesses operate on both sides of the Tasman Sea – the two countries’ accounting professions are increasingly reflecting this reality. The New Zealand Institute of Chartered Accountants (NZICA) and the Institute of Chartered Accountants in Australia (ICAA) are working to boost collaboration in accounting qualifications, reporting standards and other areas.…

BY WANG FANGQING

Japan’s leading dairy company Megmilk Snow Brand is to strengthen its business overseas. Preliminary plans include investing in new equipment for its plant in Tatura, Victoria, Australia and exporting cheese from Japan to China. "We are facing a low birth rate and aging population in Japan, so it is necessary for us to actively seek opportunities overseas for our future growth," said a Tokyo-based spokesman.…

BY KARRYN MILLER

MORE than 13 million passengers per year use Auckland International Airport – indeed according to Richard Llewellyn, senior communications manager for the airport : "More than 70 per cent of all visitors to New Zealand arrive or depart through it."…

BY MJ DESCHAMPS

WHILE the failed takeover bid for Saskatchewan’s Potash Corporation by BHP Billiton would have provided many long-term benefits to the Canadian province, a senior think tank in the country has this week suggested the federal government blocked the deal over concerns over short-term tax revenue losses.…

BY KEITH NUTHALL

COUNTRIES negotiating a plurilateral Anti-Counterfeiting Trade Agreement (ACTA) fighting fake products have announced that all remaining problems have been resolved and a final text is being drafted. This will allow the European Union (EU) and its member states, Australia, Canada, Japan, Korea, Mexico, Morocco, New Zealand, Singapore, Switzerland and the USA to ratify the treaty.…

BY MJ DESCHAMPS, KEITH NUTHALL

THE KNITWEAR sector, especially at the higher end of the market spectrum, is a prey for organised counterfeiters. Sophisticated illicit manufacturers, especially in emerging markets, create copies of established brands, that can be high enough quality to fool, but poor enough to disappoint the consumer after a few wears.…

BY HELENA FLUSFELDER, GERARD O’DWYER

A PLAN to install an electric car network has been approved by Israel’s government, making this small Middle East country a global leader in electric vehicle (EV) technology.

The project is a joint venture between Renault-Nissan, which will provide the electric vehicles, and a Silicon Valley, USA-based start-up project Better Place, which will operate the re-charging grid.…

BY KEITH NUTHALL

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THE EUROPEAN Commission has approved the takeover by Unilever of Sara Lee’s body and laundry care businesses, on condition it sells off the US company’s Sanex brand and related business in Europe. Following an inquiry as the European Union’s (EU) lead competition authority, Brussels concluded there were particular concerns regarding Unilever’s future dominance of some EU deodorant markets.…

BY MARK GODFREY

Albert Ng, Ernst & Young

Managing partner and chairman of E&Y’s China business, Hong Kong native Albert Ng has over 25 years of professional experience in the accounting industry in China and Australia. That background will be valuable as he moves the firm on from an embarrassing settlement over its auditing of Akai Holdings, a bankrupted Chinese electronic manufacturer and retailer.…