Search Results for: Climate change

INDIA maybe a populous and diverse country with its 1.36 million potential consumers who speak 22 languages, but one company maintains a strong, even dominant, position in India’s fast-growing chocolate market which saw sales of USD1.8 billion in 2018, according to GlobalData – Mondelēz International Inc’s Cadbury brand.…

Money laundering and due diligence failings led the European Central Bank (ECB) to revoke the licence of one of Austria’s oldest financial institutions with immediate effect last week (on November 15). The Austrian Financial Market Authority (FMA – Finanzmarktaufsicht Österreich), which had recommended the move to the ECB, announced that the European Union (EU) institution had revoked the licence of Anglo Austrian AAB Bank AG, which was known as Bank Meinl until June. …

As national, regional and international legislation nudges the world away from its reliance on fossil fuels, corporations are increasingly sourcing renewable energy through the mechanism of green power purchase agreements (PPAs), whereby companies (and also utilities) act as an off-taker, making commitments for future renewable energy payments.…

A highly competitive market combined with healthy sums of investor capital look set to drive forward an increase  in merger/acquisition (M/A) activity in the cosmetic packaging sector, as companies seek to deliver added value to existing customer bases and extend their footprint into new territories, both geographic and product ranges.…

Beauty markets in sub-Saharan Africa are becoming more sophisticated, and with this comes an increasing desire by consumers to use cosmetics that better match their own skin and hair characteristics, rather than utilising products that of more universal appeal.

Nigeria’s personal care product industry continues to grow, and given its population is the largest in Africa – now estimated by the United Nations at 200 million – this market inevitably has the most potential in the continent.…

METAL cans play an important role in enabling aid agencies to deliver food and drink to needy people in disaster zones and areas of food scarcity – being sturdy, stackable, and recyclable. The scale of some of these operations and hence their demand for canned food and drink is huge.…

THE PHILIPPINES paint and coatings sector maybe growing robustly – at an average of 6.5-7% over the past two years to reach USD900 million in 2018 says market researchers Frost & Sullivan – but the local manufacturers think they could do a lot better.…

MALAYSIA’S Pakatan Harapan government has released its 2020 budget, its second since gaining power in 2018, and one that aims to consolidate reforms undertaken by an administration headed by veteran Prime Minister Dr Mahathir Mohamad. This was not a budget bringing major change, indeed finance minister YB Tuan Lim Guan Eng stressed when delivering his budget speech to the Malaysian parliament on October 11 how the government has been tying up earlier major reforms, such as scrapping the unpopular goods and services tax (GST).…

IRISH farming accountants will not only be monitoring Brexit as a current important European Union (EU) policy change, they will be scrutinising potential reforms to the EU Common Agricultural Policy (CAP), now under discussion for remaining member states, like Ireland. They will be advising their agricultural clients to be prepared for potential shifts in CAP subsidies.…

AN ORGANISATION for Economic Cooperation & Development (OECD) report on obesity has argued that initiatives such as reformulation, can benefit the food industry, enabling companies to reduce costs and target new consumer niches. These included “attracting people from the health-conscious segment of the market”. …