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INCREASINGLY stringent regulations governing the cold chain transport of medicines for human use are tipped to become a major driver for the uptake of radio frequency identification (RFID) technology by pharmaceutical suppliers in the Asia-Pacific region.

According to a recent report published by industry analysts Frost & Sullivan, America and Europe currently divide the biggest slice of market share in the global market for cold chain RFID.…

THE LAST few years have brought significant changes to the apparel sourcing landscape in Asia. The era of Chinese low-cost apparel manufacturing is well behind us, and several countries have stepped up to claim their part of the manufacturing pie.

Apparel industry analysts say that although China’s dominance continues, a clear segmentation in Asia is now taking place.…

WHILE Australia’s healthy economy is the envy of most countries in the world, and obviously this boosts the personal care product industry in the country – there are concerns that retailers and brands are over-charging consumers. Indeed, Australian consumers are paying as much as 50% more for the same cosmetics as United States and European consumers, according to a recent investigation by Australia’s consumer organisation Choice.…

 

WHILE the European Union’s (EU) ban on sales of cosmetics with ingredients tested on animals was imposed as recently as March 2013, its impact has been felt as far away as east Asia.

Japan’s cosmetics firms, for instance, prepared well in advance for the change in legislation.…

THE GOVERNMENT of South Korea is expected to announce a new corporate average fuel economy (CAFE) standard this coming year, which could increase target performance to 20km/liter, wardsauto has learnt. A senior official at the transportation energy team of the Korea Energy Management Corporation (KEMCO) expects the change to have a positive impact on the industry by encouraging manufacturers to develop more fuel efficient vehicles, including hybrids, electrics, and clean diesels.…

By Paul Cochrane, in Beirut  Going by overall figures of new cars sold, the automotive sector is doing surprisingly well in the current economic environment, up 4.33 percent in the first eight months of the year on 2012, and in comparative terms, above the GDP forecast of 1.6 percent for 2013. Furthermore, the figures are up on last year’s August results, which grew by 7.6 percent on 2011, and the 2.1 percent growth reported in the same period in 2010. But the sector is far from being in good health and bucking the downward trend in much of the rest of the economy.

Lump new car sales with the larger used car market, which accounts for around 60 percent of total sales, and overall sales are down 7 percent on last year, according to the Automobile Importers Association.

Yet while a drop in second-hand car sales is a boon to dealerships – and an environmental plus when it comes to the country’s carbon emissions, with fewer fuel-inefficient clunkers on the roads – the market has gone through a radical change in recent years that can be summed up in one word: downsizing.…

FORD is pressing United States and European Union (EU) negotiators involved in the world’s largest ever bilateral trade talks to write promises not to manipulate currency exchange rates into the resulting agreement, its executives have told wardsauto.

In a private briefing, executives from the US car giant said they wanted to create a global precedent by writing these commitments into the planned EU-US Transatlantic Trade and Investment Partnership (TTIP).…

India’s target for increasing its steel production capacity to 142 million tonnes by 2017 is unlikely to be achieved because of regulatory roadblocks and iron ore supply disruptions, experts have told Steel First.  

“New steel projects in India are not getting [regulatory] clearances and therefore in the next two to three years, only 15 to 20 million tonnes of new capacity would be added to the existing 90 million tonnes,” said Giriraj Daga, an analyst with Nirmal Bang Securities [SPELL CHECKED] in Mumbai.…

THE EUROPEAN Research Council (ERC) will be able to recruit top young scientists from South Korea following an agreement signed by the European Commission and the South Korean government last Friday (Nov 8) in Brussels.

The agreement will make it easier for South Koreans to join research teams led by ERC grantees and be funded by the ERC for six to twelve months.…

A powerful panel of United Nations experts called yesterday (October 1) on India’s central and state governments to halt the construction of a steel plant in the eastern Indian state of Odisha. The group claimed at an announcement in Geneva that the project, promoted by South Korean multinational steel corporation Posco, would displace more than 22,000 people and disrupt the livelihoods of thousands more in surrounding areas.…