Search Results for: Indonesia

WITH just over 12 months to the launch of the Association of South East Asian Nations (ASEAN) Economic Community (AEC), experts anticipate that the European Union-style economic union will promote trades in industrial minerals.

The 10 ASEAN nations have been moving towards a more cohesive approach to minerals trading for many years.…

Consumers in Japan are notoriously fickle and constantly in search of the next greatest product – and in a nation that takes its food very seriously, that applies doubly to the confectionery sector.

Sales of ice cream have been strong in recent years and continue to grow, although chocolate confectionery sales came to Japanese Yen JPY342 billion (USD2.95 billion) in the calendar year 2013, a minor contraction on the previous year – blamed on poor weather during the traditionally busy summer months.…

THE JOINT Aviation Authorities Training Organisation (JAA TO) has signed a memorandum of understanding with Indonesia’s PT HESA Air Service to improve civil aviation safety and security standards in this key emerging market country. The JAA will work with PT HESA to deliver training programmes on these topics, “as per the market’s demand or tailored to special request and delivered at the premises designated by PT.…

The Indonesian unit of Japanese probiotic drinks giant Yakult Honsha Co Ltd has confirmed to just-food.com that it will expand its production facility in East Java to meet growing demand in the country. Details of the plan were announced by Indra Tjahjono, managing director of Yakult Indonesia, who told local media that the firm will upgrade its plant at the Ngoro Industrial Park.…

THE INDONESIAN textiles association (API) is to partner with the Indonesian ministry of industry to set up free training courses for textiles workers, according to API chairman Ade Sudrajat. The initiative is seen as an early indicator of the investor-friendly credentials of the new administration, under President Joko Widodo, who took office last month.…

THE FINANCIAL Action Task Force (FATF) has warned Iran it faces tighter international scrutiny of its financial services and dealings, should it fail to criminalise terrorist financing and boost its suspicious transaction reporting (STR) requirements.

In its latest assessment of jurisdictions failing to comply with FATF anti-money laundering and combating the financing of terrorism (AML/CFT) recommendations, the global AML body singled out the Islamic republic, giving Tehran until February (2015) to make reforms, or face the consequences.…

By the end of next year, the increasingly wealthy 10-member Association of Southeast Asian Nations (ASEAN) bloc aims to establish its own European Union-style common market for its combined population of 600 million.
Experts say that the new ASEAN Economic Community (AEC) is expected to deepen cohesion and liberalisation within a regional market that has already made significant strides in removing trade barriers that can impact tobacco product sales.…

THE GOVERNMENT of Indonesia’s new President Joko Widodo — who was inaugurated on Monday (Oct 20) — will need to invest heavily in infrastructure to boost the country’s textiles and broader manufacturing sector, according to a senior industry consultant.

“The major challenge presented by Indonesia’s poor infrastructure are shared by every industry,” Keith Loveard, senior risk analyst, at Jakarta-based Concord Consulting.…

As the global apparel sector searches for more eco-friendly fibres and fabrics, innovative developments are increasingly focusing on more sustainable and often unusual alternative feedstocks.
Companies are being encouraged to innovate also by recent high cotton prices and a growing awareness that tighter control of supply chains can help keep costs down in general.…

Indonesia’s upstream textile industry is turning to onsite combined heat and power (CHP) on the back of double digit electricity price hikes this year, according to an industry insider. Nils Hansen, sales director for Jakarta-based Navigat Energy, which supplies gas turbine engines in Indonesia, CHP is becoming an increasingly attractive option as the country’s textile manufacturers seek to avoid spiralling energy bills.…