Search Results for: Malaysia

UK satellite firm Inmarsat has told Jane’s Airport Review why it is offering to provide free tracking services to commercial passenger planes worldwide, following the disappearance of Malaysia Airlines flight 370. Jonathan Sinnatt, head of corporate communications at Inmarsat, stressed that when planes fly oceans “they can be out of contact for hours on end.”…

SINGAPORE has been working hard to lose its past reputation for lax anti-money laundering (AML) controls.

Its ‘steering committee for combating money laundering and terrorist financing,’ jointly headed by the ministry of home affairs, ministry of finance, and the monetary authority of Singapore (MAS) published the country’s first ‘national risk assessment report’ on money laundering and terrorist financing in January 2014.…

India’s steel industry is anticipating progress under the incoming Bharatiya Janata Party (BJP) government led by Narendra Modi, which it hopes will boost domestic steel demand and improve the supply of raw materials.

“The entire investment cycle in the steel capacity has to be reinvigorated,” said Abhishek Poddar, partner at consultants AT Kearney India, “if the infrastructure span, real estate and automotive sectors improve, then the demand for steel itself will automatically go up.”…

Investment in the Indonesian textiles industry is set to remain stable this year, but with expansion in technical textiles, according to Ade Sudrajat Usman, chairman of the Indonesian Textiles Association (API).  Technical textiles – including medical textiles, geotextiles and agri-textiles – are a growing market and industry within Indonesia, with USD150 million worth of investment anticipated for 2014, according to Ade.…

The increasingly fluid global market for outsourcing enables brands to switch countries for their manufacturing needs, and it is in the interest of exporting countries to make it easy for them.

Cambodia’s garment industry has been the beneficiary of sourcing shifts from more expensive countries such as China in recent years, attracting manufacturers with some of the lowest labour costs in the world, a past reputation for reasonable working conditions and favoured access to US and European Union (EU) markets.…

Innovations in sustainability for cosmetics and packaging were highlighted at the 47th Cosmoprof Worldwide Bologna (April 4-7), in Italy. From natural, innovative materials to using traditional materials specifically designed to protect sustainable and organic products, Cosmoprof and its related Cosmopack exhibition emphasised the latest in cosmetics and personal care innovations, and offered a look at trends to come in 2015.…

MYANMAR’S booming construction industry is spurring rapid growth in the country’s paints and coatings sector, as a steadily increasing number of foreign firms attempt to stake out a share in a market that was, until relatively recently, decidedly lacklustre.

The Burmese  construction industry is currently valued at USD3 billion and is forecast to grow to USD4.2 billion by 2016, according to a February 2014 report by the financial advisory firm New Crossroads Asia.…

MYANMAR’S booming construction industry is spurring rapid growth in the country’s paints and coatings sector, as a steadily increasing number of foreign firms attempt to stake out a share in a market that was, until relatively recently, decidedly lacklustre.

The Burmese  construction industry is currently valued at USD3 billion and is forecast to grow to USD4.2 billion by 2016, according to a February 2014 report by the financial advisory firm New Crossroads Asia.…

THE SINGAPORE Parliament has beefed up the powers of the country’s accounting regulator, especially over corporate service providers. MPs passed an accounting and corporate regulatory authority (amendment) bill, which will insist corporate service providers be registered as filing agents, able to help companies with their establishment, legal advice, regulatory filings, office hosting and secretarial services.…

BANGLADESH’S readymade industry expects a 10-15% growth in exports for the current fiscal year ending June, Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) acting president Mohammad Hatem has told just-style.

The first eight months of the fiscal year fetched a “morale- boosting” 16.68% rise to USD16.13 billion compared to last year’s USD13.83 billion.…