Search Results for: Czech Republic

THE LATIN American personal care product market, buffeted in recent years by economic and political instability, looks back on track, with trouble-spots such as Venezuela being very much an exception to overall progress.

Data released by market researcher Euromonitor International has said that the region’s beauty and personal care product sales in 2017 topped USD65 billion in 2017, growing by 42.5% between 2012 and last year.…

CHINA’S State Council has announced reductions in mainland VAT, with businesses being saved Chinese Yuan Renminbi CNY400 billion (USD62.8 billion) in this year alone, it has said. Rates have been lowered (from May 1, 2018) from 17% to 16% for manufacturing and other industries, and 11% to 10% for transport, construction bills, standard telecommunications service, and direct farm output purchasers by consumers (12% when these goods are bought by manufacturers for onward processing).…

Argentina’s auto industry had expected a near record year in 2018, but unexpected financial problems that have hit the country in the past month could push the economy into recession and dampen local demand for cars. 
These problems are a far cry from the optimism expressed on April 4, when the heads of three carmakers spoke bullishly about production and sales growth at a business conference staged in Buenos Aires by economic consultancy Invecq Consulting. …

Unlike the limited range of minerals used in fossil fuel production, many minerals, metallic and nonmetallic, are used in renewable energy technologies. However, production is often low and concentrated in a limited number of countries – creating potential strategic supply problems.…

Dairy product manufacturers on both sides of the Irish border are becoming increasingly concerned about possible changes border arrangements between the Republic of Ireland and Northern Ireland, which could interrupt ingredients supplies, once the UK leaves the European Union (EU).

According to Dairy Industry Ireland (DII), the body that represents the interests of the Republic of  Ireland’s primary and secondary dairy processors, replacing the existing open border with a hard border after a planned Brexit transitional period to December 2020 could sever supply chains for some highly popular dairy-based exports: this could include Irish cream liqueur and Irish cheddar.…

The prospect of significant hikes in taxes and administrative red tape on Irish exports and imports travelling through the UK to and from the rest of Europe once Britain leaves the European Union (EU), has prompted Irish exporters to seek more options for direct maritime trade.…

THE NONWOVEN adult incontinence market in Europe is offering hygiene product manufacturers and brands a chance to profit in a wider sanitary segment that has been and remains highly competitive.

Western Europe has a high per capita consumption in sanitary protection and a fiercely competitive retailing environment, according to Miles Agbanrin, an analyst for market researcher Euromonitor International.…

The INDO Intertex textile machinery exhibition will be staged in the Indonesian capital Jakarta next month to boost investment in a textile and clothing sector that is growing, the show’s project manager Paul Kingsen said. 

“The theme for this year INDO Intertex is investment growth acceleration.…

THE DECISION of the European Commission not to propose a harmonised European Union (EU) approach for excise duty on e-cigarettes and other novel tobacco products has been welcomed by the tobacco sector for avoiding punitive taxation on a nascent segment.

But should such rules ultimately be introduced the tobacco sector may not oppose them if they reflect the lower health risks involved in consuming such products by enabling lower excise duty bands.…

FACED with its anti-money laundering and combating the financing of terrorism (AML/CFT) backlisting and a big USA fine of a major Taiwan bank, this island country has introduced AML/CFT reforms. Whether it has done enough will be assessed later this year when the Asia/Pacific Group on Money Laundering (APG), of which the island is a member – as Chinese Taipei, a nod to China’s insistence that Taiwan not be treated as an independent country – undertakes a third round of APG mutual evaluations.…