Search Results for: Malaysia

AS the second largest economy within the Association of Southeast Asian Nations (ASEAN) bloc, Thailand remains a key market in the region for paint and coatings sales. Regarding sales of home paints and coatings, including lacquers and varnishes, London-based market researcher Euromonitor International says that sales have been growing strongly.…

THE VIETNAM Chemicals Agency us ramping up efforts to remove lead from paints in Vietnam – officially requesting to be considered a partner in the Global Alliance to Eliminate Lead in Paint, a voluntary partnership formed by the UN Environment Programme (UNEP) and the World Health Organisation (WHO).…

There are two displays in the Moscow office of the CFO of Volvo Car Russia, Vladimir Lagutin, that catches the attention, immediately: a large elegantly-framed poster of UK electronic music band Depeche Mode and a case of tennis balls.

“Those things – music and tennis – keep me from being stressed,” says Lagutin.…

FOREIGN direct investments (FDI) into Malaysia’s promising garment and textile sector are set to rise further this year on the back of strong performance in 2017, an official from the Malaysian Investment Development Authority (MIDA) has told just-style.

“Within the six months from January to June 2018, the total investments in the sector reached [Malaysian Ringgit] MYR244.8 million (USD58.73 million) of which FDI accounted for MYR112million (USD26.87 million),” a spokesperson from MIDA said.…

THE INTERNATIONAL Civil Aviation Organisation (ICAO) is working with European ATC organisation Eurocontrol to design a globally accessible repository of urgent messages and related situational data showing emergency services the location of a plane at risk of crashing. This system would, if the project is successful, come on line as a prototype by February 2020, and be operational by the January 2021 enforcement of a second tranche of air navigation reporting requirements, designed to prevent a recurrence of tragedies such as the disappearance of Malaysia Airlines MH370.…

THE NEW Malaysian government has released its first budget – for 2019 – reducing corporation tax for small-and-medium-sized enterprises (SMEs) from 18% to 17% on their first Malaysian Ringgit MYR500,000 (USD119,484) of taxable income. It has also tightened rules on companies transferring up to 70% of their losses to the balance sheet of a related company – limiting such transfers to three years’ contiguous tax returns, there are currently no time limits.…

THE HONG Kong government has responded to European Union (EU) concerns that its tax system unfairly benefits offshore investment funds by offering them profits tax exemptions. HK is proposing these breaks also apply to onshore funds. The EU had identified these offshore rights as a potentially harmful tax practice, threatening to add HK on its list of non-cooperative tax jurisdictions, potentially sparking financial sanctions.…

WITH an estimated USD1.5 trillion lost to the global economy because of bribes, the World Bank is pushing for a diverse array of technology to be deployed – it is a call being answered with anti-graft systems being installed worldwide.

Reducing corruption “is a priority” for the World Bank, it said in a briefing note in September 2017.…

UNTIL the past two years, scalp care products have been regarded as an elite product in China, with sales generally restricted to expensive lines sold at high-end hair salons. But recently, this specialist hair care products have been increasingly available on the mass market and are proving especially popular with young women commanding higher incomes, according to the London-based research firm Mintel.…

The recent sight of a Chinese internet celebrity in a milking parlour in Limerick could be a hint of what the future holds for Ireland’s increasingly international dairy industry. Xiao Lu Yu, one of the ‘influencers’ who monetise Chinese social media (see https://m.weibo.cn/status/4279583182420503…