Search Results for: Malaysia

MALAYSIAN Prime Minister Najib Razak used his Labour Day (May 1) speech to send a key message to employers: prioritise locals over foreigners when recruiting. In a country with 200,000 unemployed graduates as of last year, the PM’s call could be justified – although a lot needs to be done in reskilling locals, experts argue.…

GLOBAL knitwear outsourcing centre Bangladesh is expected to soon ratify the emerging market D-8 PTA preferential trade agreement, newspaper reports in Dhaka say, indicating the government may have loosened demands over rules of origin. Bangladesh has been pushing for its manufacturers to gain privileged access to D-8 markets (Iran, Indonesia, Malaysia, Pakistan, Nigeria and Turkey, as well as Egypt if it also ultimately ratifies), if 30% of value in a product is created within Bangladesh.…

THE NEW Global Aviation Security Plan (GASeP) needs to be flexible and strategic, avoiding mandating detailed specific solutions that risk becoming outdated, the director general and CEO of the International Air Transport Association (IATA) has said. Commenting on the development of this plan by the International Civil Aviation Organisation (ICAO) in an exclusive interview with Jane’s Airport Review, IATA’s Alexandre de Juniac said We would like to see a plan that has clear strategic goals, backed up by ambitious and measurable targets.…

The largest logistics facility in Japan employs around 2,000 people – but that is one-quarter of the manpower that would be required if Haneda Chronogate had not incorporated so much advanced technology into its design.

Located alongside the perimeter fence of Haneda International Airport, the busiest serving Tokyo, Chronogate has a total floor area of nearly 200,000 square metres and serves as the hub for mail for the metropolitan area and the surrounding Kanto region.…

Japan’s cosmetics and personal care market is holding steady, although there are concerns that stability is being supported by strong consumption by the burgeoning number of tourists visiting the country combined with a weak yen. USD1 bought Japanese Yen JPY117 in December compared JPY100 in July, although it has since recovered to JPY110 (April).…

EUROPEAN Union (EU) cosmetics and soaps companies are awaiting with interest the results of the World Trade Organisation (WTO)’s appellate body’s decision on Indonesia’s claim that the EU’s anti-dumping duties have been unfairly placed on imported fatty alcohols from the south-east Asian economic giant.…

HONG Kong’s Securities and Futures Commission (SFC) will ease listing requirements for certain infrastructure companies, notably those involved in projects aiding the Chinese government’s Belt and Road Initiative. This aims to promote transport infrastructure helping move Chinese goods to central Asia, southeast Asia, Africa and Europe.…

THE MALAYSIAN government has secured help from India to improve the quality and employability of its workforce, as it seems to ensure 35% of its workers are skilled workers by 2020 – a key government target.  

A memorandum of understanding (MoU) was signed earlier this month (April 1) between the Entrepreneurship Development Institute of India (EDII) and Malaysia’s Pembangunan Sumber Manusia Berhad (PSMB), an arm of Human Resource Development Fund under Malaysia’s ministry of human resources.…

THE CHIEF executive of a major Pakistan government economic development agency has told wardsauto that Volkswagen has made significant progress in talks to establish new manufacturing production in this key south Asian market’s port city of Karachi. The latest fruit of the business-friendly policies pursued by Prime Minister Nawaz Sharif, “Volkswagen Commercial Vehicles is in final talks with Premier Systems Private Limited – the authorised importer of Audi vehicles in the country – to set up a manufacturing/assembly plant for its Amarok and T6 (transporter range) models and Volkswagen,” Tariq Ejaz Chaudhary, CEO of Pakistan’s Engineering Development Board told wardsauto.…

Cambodia’s garment industry is in a curious situation, with statistics indicating that export earnings from this key Asian fabric and yarn buyer are on the rise, despite evidence that overseas sales should actually be falling. According to one industry insider, this makes it difficult to project how the Cambodian clothing sector will perform in 2017 and hence how much it will spend on supplies.…