Search Results for: Malaysia

THE ASSOCIATION of Southeast Asian Nations – ASEAN Capital Markets Forum (ACMF) has announced that the ASEAN framework for cross-border offerings of collective investment schemes (CIS) is now operational in Malaysia, Singapore and Thailand. The regulatory system allows fund managers working from these member jurisdictions to offer locally constituted schemes, such as unit trust funds, to retail investors in other member jurisdictions, using a streamlined authorisation process.…

THE ETHICAL traits of Sharia-compliant, or Islamic, financing, such as not allowing interest or investments in gambling and tobacco, have made sustainable and responsible investment (SRI) and green funds an obvious extension for the sector. But with Islamic finance already being a niche market, compared to conventional financing, initiatives to diversify into SRIs have struggled over the past several years.…

With less than one-and-a-half years until the Association of Southeast Asian Nations (ASEAN) creates its own European Union (EU)-style single market, the bloc is about to sign off on a ‘mutual recognition arrangement’ (MRA) on accountancy services. This is designed to help the mobility of accounting professionals wanting to work across the 10 member states, and all their governments bar the Philippines (expected to sign in October) have now signed up.…

The Vietnamese textile and garment industry has yet to prepare comprehensively for the onset of the ASEAN (Association of Southeast Asian Nations) Economic Community (AEC) next year. “We are not aware of any AEC impact studies, and I cannot even provide an educated guess,” an otherwise helpful representative of a Vietnamese textile association in Ho Chi Minh City told WTiN.com.…

INDIAN confectionery and sweet bakery producers are struggling to gain lucrative export markets due to the lack of proper domestic food regulations, the country’s poor infrastructure and the high cost of borrowing money. 

“Not much is exported to the developed world from India because our laws are not harmonised with that of other countries,” said Harsh Arora, president of the Indian Confectionery Manufacturers’ Association.…

INDIA’S beef exports continue to soar, while the new BJP-led government, whose Hindu nationalist leaders have in the past signalled opposition to India’s beef industry have yet to indicate plans to restrict the sub-sector.

Indeed, a senior official from the Agricultural and Processed Food Products Export Development Authority (APEDA), under the ministry of commerce and industry told globalmeatnews.com…

A proposed antidumping duty on imported yarns being considered by the Indonesian anti-dumping agency (KADI) could increase production costs, eroding Indonesia’s competitive edge, the chairman of the Indonesian Textiles Association (API) Ade Sudrajat has warned.

The committee’s inquiry was sparked by a petition from a group of Indonesian yarn producers, including Indorama and Asia Pacific Fibers, who say they are being undercut by foreign companies aggressively entering the market, selling yarn below cost price and allegedly breaking World Trade Organisation (WTO) regulations.…

The global market for halal food is expected to grow from USD698 billion in 2012 to reach USD830 billion in 2016, according to Malaysia’s department of Islamic development, and manufacturers in its country and neighbouring Thailand are competing to service this demand.…

A HIGH level international task force will consider ways of preventing a recurrence of the Malaysia Airlines Flight MH17 tragedy, where a plane was shot down in airspace declared safe by the State Aviation Administration of Ukraine. It said that civil airliners could fly 32,000 feet above the conflict zone in eastern Ukraine.…

INDIA’s new government may impose a 20% anti-dumping duty on saturated fatty alcohols from Indonesia, Malaysia and Thailand – an important raw material for shampoos and cosmetics. Administrative proceedings that may spark the creation of this tariff started in this February, before the May general election, which brought the current BJP administration to power.…