Search Results for: Malaysia

THE ASIA-PACIFIC (APAC) region’s oil and gas sector faces an unprecedented level of decommissioning for which it is under-prepared and lacks experience, analysts have warned. Unclear regional government regulations coupled with a lack of local expertise mean that companies and regulators face a steep learning curve, high initial costs and the potential for mistakes, according to the consultancy group Wood Mackenzie’s latest analysis.…

THE ASIA-Pacific region has many of the elements needed to create a burgeoning nonwovens market and industry. It has growing middle class consumption of basis personal products and continued manufacturing and infrastructural expansion for industrial nonwovens. These items can be supplied my new mass-production in emerging market countries and niche lines from the region’s richer developed industrial economies.…

SOUTH-EAST Asia maybe a diverse and hence complicated region in which to market personal care products, but the growth in sales in all its countries make it an attractive target for beauty brands.

The Philippines is a case in point. The gross domestic product (GDP) of this 103 million people archipelago recorded 6.7% GDP growth in 2017, and the World Bank projects it to grow further at an annual rate of 6.7% in both 2018 and 2019, before settling at 6.6% in 2020.…

THE NEWLY signed 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) could help Vietnam boost garment and textile exports to the lucrative Australian market significantly. But the Asian clothing makers may still face big challenges in taking market share in this mature market away from China, experts warn. …

THE NONWOVENS sector has always been at the cutting edge of materials production, and so established developed economy manufacturers have often had the edge. But with global markets integrating, and emerging economies becoming increasingly sophisticated, new nonwovens manufacturing bases are growing all the time.…

THE ECONOMIES of the Asia Pacific region are impressively dynamic, but HR experts agree much more could be gained if the region were to succeed in improving women’s skills and providing them with equal opportunities at work.

Illustrating just how much potential there is, the latest report from the McKinsey Global Institute published in April, ‘The power of parity: Advancing women’s equality in Asia Pacific’, has found that advancing women’s equality in the region could add USD4.5 trillion to their collective GDP annually in 2025 – a 12% increase over the “business-as-usual trajectory”.…

Japan’s halal wagyu industry is poised for rapid growth thanks to demand from an increasing number of Muslim tourists and the opening of new export markets.

Relaxed visa requirements, a growing middle class with a large disposable income and the expansion of low-cost carriers has yielded a boom in visitors from Moslem south-east Asian citizens, from countries such as Indonesia, Malaysia and Brunei.…

MALAYSIA has long positioned itself as a higher-tech source of textile manufacturing and so it is maybe no surprise that it has been growing its digital textile printing segment.

That has been to the benefit of key Japan-based digital imaging and printing solution supplier Epson, which currently claims a Malaysian market share of 87% – based on data harvested last year (2017).…

A series of money laundering and illicit trade incidents in recent years has brought the art market under the watchful eye of anti-money laundering authorities. Commercial Crime International (CCI) investigates the extent of the problem and the way the sector will be affected by new European anti-money laundering regulations.…

THE SINGAPORE government has released an accountancy roadmap, enabling the profession in the city state to grow 5.6% annually to generate Singapore dollars SGD2.03 billion (USD1.48 billion) in nominal value-added income, creating 2,000 new PMET (professionals, managers, executives and technicians) jobs by 2020.…