Search Results for: Korean

BY KEITH NUTHALL

THE PHARMACEUTICAL Research and Manufacturers of America (PhRMA) organisation has called on the South Korean government to make its system of reimbursing patients for medicines more transparent now the US-South Korea free trade agreement is in force (from March 15).…

BY PAUL COCHRANE, IN BEIRUT

WHILE the Iraqi government has implemented regulations that are both anti-money laundering (AML) and for combating the financing of terrorism (CTF), it has had lacklustre results in enforcement due to ongoing instability in the country. Corruption and endemic smuggling are also major problems.…

BY PAUL COCHRANE, IN ABU DHABI

IT sounds completely bizarre, given their dominant role as global energy players, but the countries of the Gulf Cooperation Council (GCC) are facing a chronic energy shortage, with domestic demand growing by an estimated 8.5% and investment in power systems failing to keep pace.…

BY KEITH NUTHALL

WINNERS

TUNISIA

Of all the countries disrupted by the Arab Spring revolts in 2011, Tunisia liberated itself in the swiftest and most business-friendly fashion. This key European supplier rid itself of despotic President Zine El Abidine Ben Ali on January14, and one week later, its textile and clothing sector was back at work.…

BY MJ DESCHAMPS and WANG FANGQING

THE PURCHASE of yarns, fibres and other materials from developing countries for rich country-controlled garment manufacturing has long been a cost-effective business practice; however, many factors – including high shipping costs, and delays in supplies – have caused companies in recent years to look for a supply chain that is closer to home.…

BY KARRYN MILLER

VIETNAM’s cosmetics industry is almost unrecognisable now compared to 10 years ago: back then, prestigious Western beauty products were nowhere to be found on Vietnam retailers’ shelves, and it was South Korean cosmetics products that were considered luxurious in the communist country’s market.…

BY KEITH NUTHALL

CONCERNS within the European auto industry about the trade deal initialed last October by the European Union (EU) and South Korea have been addressed today (Wednesday) at the European Parliament. Meeting in Brussels, its international trade committee gave its approval to draft legislation, allowing the swift reintroduction of trade barriers, should the deal create a surge in Korean car exports to Europe.…

BY KEITH NUTHALL and DAVE YIN

THIS has been the year where the European Union (EU) considered imposing a draconian origin labelling law that would have been a major headache for knitwear manufacturers and retailers. In the winter, the European Parliament was seriously discussing insisting on a regulation forcing knitwear and crocheted clothes and accessories imports into the EU to carry country of origin labels.…

BY KARRYN MILLER

SOUTH KOREA: Student stress fuels suicides as standards rise

Karryn Miller

A spate of suicides amongst South Korean students has fuelled fears that the country’s higher education system is too tough, with pressures increasing as universities seek to compete with institutions overseas.…

BY WANG FANGQING, MINI PANT ZACHARIAH, KARRYN MILLER and KEITH NUTHALL

EMERGING market coatings exporters sometimes claim tough environmental rules in rich jurisdictions are nothing but a form of protection. And while such arguments can always be contested, it is certainly true that the European Union’s (EU) ongoing and longstanding biocide review will throw up obstacles to Asia-Pacific coatings manufacturers wanting to secure sales in Europe.…