Search Results for: Indonesia

THE EUROPEAN Commission should bring forward legislation to enhance due diligence for supply chains in the garment sector, the European Parliament’s development committee said yesterday (March 21). MEPs backed a report by Spanish MEP Lola Sánchez Caldentey from the European United Left/Nordic Green Left (GUE/NGL) group which asked the Commission to propose a European Union (EU) law saying a binding reporting system should generate data linking each product to its respective producers.…

THE ASEAN Audit Regulators Group (AARG) and the big-four audit firms have agreed a measurable goal to improve audit quality within south-east Asia. The project involves Deloitte, EY, KPMG, and PricewaterhouseCoopers (PWC) in Malaysia, Indonesia, Singapore and Thailand; along with Malaysia’s Audit Oversight Board, Indonesia’s Finance Professions Supervisory Centre, Singapore’s Accounting and Corporate Regulatory Authority (ACRA) and Thailand’s Securities and Exchange Commission.…

THE PAINT and coatings sector in Indonesia looks set to grow significantly in coming years as rising salaries and job creation mean more disposable income for middle class purchases of residential product. The south-east Asian archipelago’s poverty rate has dropped from 17.2% in 2002 to 11.1% in 2015, according to the World Bank.…

MALAYSIA’S mature textile industry is keen to re-define its position – moving away from making low-end products to higher value-added goods. Creating a niche export market for highly-priced technical textiles is a priority, a government official has told WTiN.com.

“Our textile industry is competitive and there is no need to compete with Asian countries on low value-added products,” a spokesman for Malaysia’s ministry of international trade and investment (MITI) told WTiN.com.…

The chairman of the Indonesian Textiles Association (API) has expressed cautious optimism about President Donald Trump’s rejection of the Trans-Pacific Partnership (TPP) trade pact and re-confirmed the need to boost Indonesia’s competitiveness.

Trump pulled the USA out of the agreement on January 23, and while that could be bad news for the other 11 TPP partners, including regional textile sector competitors Malaysia and clothing hub Vietnam, the deal had yet to include Indonesia.…

INDONESIAN human resources departments are having to adapt to a growing challenge – an increase in the number of Indonesians returning home to work in the world’s fourth most populous nation and Southeast Asia’s biggest economy by far.

The continued economic rise of this archipelago nation of 250 million people has been accompanied by a wave of returning Indonesians who have received years of university education or job training in faraway places such as the US, the UK, continental Europe and Australia.…

THE EUROPEAN beef sector must keep its direct payments at a time when the European Union (EU)’s Common Agricultural Policy (CAP) is under review, according to new research highlighted by the European Parliament.

‘The EU cattle sector: challenges and opportunities – milk and meat’ report, published February 27 by the parliament’s agriculture and rural development committee, says these payments play an important part in farm-household income.…

KEY MESSAGES

*The nuclear industry has an ageing staff and needs to recruit new professionals as they retire

*Its strong health and retirement benefits packages could help it attract the new staff it needs

*The nuclear industry outside north America has a strong expat component, making it easier for recruit staff from abroad

INTRODUCTION

The nuclear industry sector is facing some significant human resources challenges, but new research carried out by Airswift and Energy Jobline indicates that the nuclear sector can still compete for talent.…

EUROPEAN Union (EU) food exporters will in 2017 be offered an increased amount of money by the European Commission to better promote their products, especially in non-EU markets. The Commission has said that EUR133 million will be available this year to co-finance at 70%-85% such marketing campaigns, compared to EUR111 million in 2016.…

A JUDGE yesterday (January 17) approved Britain’s largest ever commercial crime enforcement action – a GBP497.25 million (USD616 million) plus interest and GBP13 million costs (USD16.1 million) deferred prosecution agreement with the UK’s Serious Fraud Office (SFO). Sir Brian Leveson, President of the Queen’s Bench division, agreed the penalty for Rolls-Royce, covering covers 12 counts of conspiracy to corrupt, false accounting and failure to prevent bribery.…