Search Results for: Indonesia

THE CREATION of a harmonised customs system within the 10 countries of the Association of Southeast Asian Nations (ASEAN) by 2015 should be better exploited by its regional clothing and textile industry through better vertical integration, a conference was told this week.…

BY POORNA RODRIGO

The Indonesian Textile Association (API) has said it will be trying to increase export sales for its members in other ASEAN (Association of Southeast Asian Nations) member countries in 2013, amidst declining European Union (EU) and USA demand.…

UNTIL now, much of Russia’s exploitation of lucrative Siberian gas and oil deposits has targeted the western sectors of this vast region, rather than the central heartlands or the distant east. The reasons are clear enough, as the abundant fields of western Siberia have fed strong demand from Europe.…

BY MJ DESCHAMPS

FOR multinational businesses, comprehensive and precise financial reporting is critical for a company’s success, and such good practice is also essential for companies striving for profits within emerging markets.

Earlier this year, the World Bank’s International Finance Corporation (IFC) released a report ‘Being the Change: Inspiring the Next Generation of Inclusive Business Entrepreneurs Impacting the Base of the Pyramid’, which highlights the IFC’s ‘inclusive business models’ strategy.…

BY CARMEN PAUN, IN BRUSSELS

EVER since the European Commission announced last month that it would stop subsiding food-based biofuels from 2020 and support the production of secondary biofuels based on waste matter and algae, Europe’s biofuel sector has been preparing to fight for survival.…

BY POORNA RODRIGO

THE INDONESIAN Textile Association (API) has branded a government decision to increase the minimum wage in the capital Jakarta and its surrounding region by 44% as "illogical", arguing the country’s garment and textile industry will be hit hard by the hike.…

BY KEITH NUTHALL

JAPANESE cosmetics ingredients company Ajinomoto has unveiled a joint venture with Indonesia chemical company PT Lautan Luas Tbk (LTL). Western Java-based PT Lautan Ajinomoto Fine Ingredients will use amino acids to manufacture cosmetics ingredients, especially for Asia customers.…

BY MARK ROWE

The cosmetics market for Asian men is thriving where other sectors struggle. "Men’s skin care products appear to exist in a different economic world to much of rest of the industry," said Diyva Sangameshwar, a spokeswoman for market researchers Euromonitor based in Singapore.…

BY MARIANI DEWI

BRANCH campuses of established western universities can be major prizes for emerging market higher education systems – but attracting these institutions is not easy, even for economically dynamic countries such as Malaysia.

There are still only six branch campuses in this south-east Asian country.…

BY CONNLA STOKES, IN HO CHI MINH CITY

As one of the world’s fastest-growing accountancy bodies, ACCA is attracting more finance and management professionals in Asia eager to get to the top. This is certainly the case for Shanghai, China-born Katherine Wu.…