Search Results for: Malaysia

THE MIDDLE Eastern halal meat market is anticipating significant growth in the next few years, driven by rising populations and rising consumer awareness about food content. However, the lack of a common global halal standard is hindering the market’s potential, given that the region is heavily dependent on imports from non-Muslim countries.…

THE HONG Kong and mainland Chinese governments have signed a fourth protocol to their existing 2006 agreement on avoiding double taxation and preventing tax evasion. The deal sets out the tax liabilities of Hong Kong residents when they buy and sell shares in mainland China and vice versa.…

The European Commission has launched an investigation into potentially illegal manoeuvres to evade anti-dumping duties levied on imports into the European Union (EU) of certain China–made molybdenum wire.
Brussels’ probe follows complaints made by Austrian molybdenum wire manufacturer Plansee SE. It claims that exporters and importers have colluded to evade the duties by slightly changing the dimensions of the wire sold into Europe, to change their customs classification.…

EGYPT’S USD1.23 billion oils and fats market has still to recover from the country’s post-revolutionary environment following the January 2011 uprising that ousted President Hosni Mubarak. Since then, Egypt’s economy has been on a downward trajectory, affecting consumer demand across the board.…

THE INDONESIAN batik industry may be set for record profits in 2015, on the back of strong growth of both the domestic and export market in recent years, according to an industry insider. “Our turnover trade has approximately doubled in the last five years,” Dewanto Santosa, director of Batik Danar Hadi, said.…

AN AGREEMENT on streamlining reviews in Malaysia, Singapore and Thailand of offers or listings of equity or plain debt securities has been secured. It has been written into a memorandum of understanding designed to promote common prospectuses in the Association of Southeast Asian Nations (ASEAN).…

CAMBODIA’S paint and coating sector is experiencing robust growth according to leading companies, making strong sales to a booming construction industry, which flourished in 2014. Rising urban incomes, a flourishing tourism industry, foreign investment in condominiums, and Chinese and Japanese inward investment in light manufacturing have all contributed to this growth.…

Delhi International Airport (P) Ltd (DIAL), the private operator of the New Delhi’s Indira Gandhi International Airport has exited from the airport’s cargo business by selling its entire 26% equity stake in Delhi Cargo Service Centre Pvt. Limited.
“DIAL on 16th March 2015 has sold and transferred its entire holding…to India Infrastructure Fund-II [a private international investment vehicle]…and has received the total consideration of USD4.6 million,” GMR Infrastructure Limited, DIAL’s parent company has informed the Bombay Stock Exchange.…

The United States’ African Growth & Opportunity Act (AGOA) has helped boost many African countries’ apparel and textile sector, giving them duty-free and quota-free access to the US market. And while many are keen to see the act renewed before its expiration this September 30, some countries have benefited more than others.…

THE INDONESIAN batik industry may be set for record profits in 2015, on the back of strong growth of both the domestic and export market in recent years, according to an industry insider. “Our turnover trade has approximately doubled in the last five years,” Dewanto Santosa, director of Batik Danar Hadi, said.…