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Search Results for: Indonesian

10 results out of 284 results found for 'Indonesian'.

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ASIAN PAINT REGULATORY ROUND UP – INDONESIAN EXTERIOR PAINT STILL USES LEAD, WARNS WORLD BANK 

A World Bank study released in October revealed that 58% of Indonesian households with visible interior paint still use products containing lead, posing significant health risks, especially to children under five. An estimated 10.2 million young Indonesian children live in homes with lead-based paint, with 14% of them at heightened risk from deteriorating paint conditions, according to the report.

It said 77% of popular paint brands on sale in Indonesia exceed safe lead levels, contributing to long-term health issues such as reduced IQ, neurological disorders, and cardiovascular problems. 
 
The country’s industry ministry denied the report’s claims, stating that Indonesia’s decorative paints meet national standards, which limit lead content to below 90 parts per million (ppm), in line with World Health Organisation (WHO) recommendations. 
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ASIAN PAINT REGULATORY ROUND UP – CHINA CRITICISES EUROPEAN TITANIUM DIOXIDE ANTI-DUMPING DUTY

The China National Coatings Industry Association has complained that a European Union (EU) anti-dumping investigation into Chinese exports of titanium dioxide have sparked anti-dumping tariff rates far higher than expected. The provisional anti-dumping rates announced by the European Commission in July were 39.7% for the Longbai Group, 14.4% for Anhui Jinxing Titanium Dioxide Group, 35% for other responding companies, and 39.7% for other non-responding companies.

The China Coatings Industry Association warned that if this tax rate is implemented, it will seriously affect the exports of Chinese titanium dioxide companies and the future development of the industry. 
 
*The Indonesian Paint Manufacturers Association (APCI – Asosiasi Produsen Cat di Indonesia) has worked with the government to launch a high school programme, promoting and explaining paint technology.  
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ASIAN PAINT REGULATORY ROUND UP – VIETNAM EXPANDS IMPORT SAFETY CONTROLS TO ALL CHEMICAL INPUTS 

Vietnam’s ministry of industry and trade (MOIT) has released a draft amendment to the country’s Law on Chemicals. The draft amendment stipulates that all chemicals, including paint and coating ingredients, must be declared when imported through Vietnam’s National Single Window Information Portal.

Under current regulations, only certain chemicals must be declared when imported, leading to the possibility of many dangerous and toxic chemicals imported into Vietnam. The MOIT explained that this weakness was especially relevant for new chemicals imported into Vietnam for the first time, impeding the government’s ability to update the list of chemicals that must be declared, hindering the identification of new chemicals, needed to apply management and safety procedures. 
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TOBACCO – HALAL OR HARAM? THE RELIGIOUS CHALLENGE OF SELLING INTO MUSLIM MARKETS



The tobacco industry is a global sector, with supply chains spanning the world. Muslim consumers – and there are 1.97 billion if them – are an important part of any tobacco major’s market portfolio, not to mention local Muslim companies. But a key challenge for tobacco companies targeting Muslim smokers, vapers and other consumers is religion – some Muslim scholars say tobacco is haram, and not in keeping with Islamic guidance, because of mental and physical impact on smokers.…

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AML INFORMATION EXCHANGE SYSTEMS DEEPEN AND BECOME MORE COMPLEX



The exchange of intelligence is a key element of AML/CFT, with FATF’s recommendations 36 to 40 focusing on international cooperation. The Egmont Group of FIUs also continues to hone how it securely delivers exchanges of sensitive AML/CFT information between its 167 members.…

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ASIA REGULATORY ROUND UP



The Indonesian government is ramping up its requirement for government-funded construction to use locally-made products by insisting paint and coatings manufacturers seeking to supply such projects use national standardisation and certifications.

This, said the chairman of the Indonesian Paint and Coatings Association, Markus Winarto, is part of a trade ministry directorate general of chemical, pharmaceutical and textile industries campaign to reduce imported products.…

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BUSINESSES VOICE CONCERNS ABOUT TOBACCO CRACKDOWN IN JAKARTA, BUT IMPACT UNCLEAR



Tobacco manufacturers and retailers have expressed concerns about a crackdown on cigarette advertising in the Indonesian capital, Jakarta, which has been well-known for an unusually liberal approach towards tobacco marketing. However, it remains unclear whether the policy, launched last September (2021) has had any impact on sales.   …

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INDONESIA SEEKS GREATER ROLE OF ISLAMIC FINANCE AMID GLOBAL FINANCIAL INCLUSION PUSH



Indonesia, which holds the presidency of the G20 group of major economies this year, wants to us this position to increase the role of Islamic finance worldwide, to boost consumer access to affordable financial products and services.

Financial inclusion is one of the goals of the G20, made more important by the Covid-19 pandemic widening inequality for the most financially vulnerable and underserved groups, said Dian Triansyah Djani, Indonesia’s ‘co-sherpa’ (diplomatic coordinator) for the G20.…

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MUSLIM MAJORITY WORLD WOMEN DEVELOP MORE SOPHISTICATED MAKE UP TRENDS



The Muslim world is extremely diverse culturally, so it is no surprise that colour cosmetics trends are many and varied. However, one clear universal trend is that Muslim women are on average becoming more knowledgeable about make-up, especially with internet influencers spreading advice on products and techniques.…

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NEW MERGED INDONESIAN ISLAMIC BANK SEEMS TO UNLEASH POTENTIAL IN WORLD’S LARGEST MUSLIM MARKET



Despite its promising outlook and early results, Indonesia’s largest Islamic bank has its work cut out to achieve economies of scale needed to compete globally and even at home, where knowledge of sharia-compliance banking systems remains poor, say analysts and officials.…

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