Search Results for: Malaysia

THE ASIAN oleochemicals industry is introducing an increasingly diverse range of product innovations, and looking at different ways to utilise feedstock, as it looks to combat key industry challenges such as high stocks, low utilisation rates, market volatility and environmental issues.…

OVERSEAS car makers are gaining an increasing share of Malaysia’s domestically-dominated automotive market, as strong economic growth drives demand for higher value cars.

Total sales of new motor vehicles in 2012 grew by 27,630 units, a jump of 4.6% on 2011, with total industry volume (TIV) reaching 627,753 units, according to figures from the Malaysian Automotive Association (MAA).…

PURCHASING cosmetics through business-to-consumer (B2C) group-buying websites offering national and local discount deals from third party vendors is catching on in key markets worldwide and positively blossoming in China, but with different nuances according to location. Cosmetics deals are popular on these sites throughout Asia, according to Shanghai, China based Dataotuan.com…

The Malaysian government-owned investment company Iskandar Investment Berhad (IIB) is pushing ahead with the development of EduCity, the major new education complex being built in Nusajaya in the state of Johor, in the south of Peninsular Malaysia.

A growing number of international universities are setting up operations at the 600-acre site, which will be part of Iskandar Malaysia, a new planned eco-city and trading zone with districts for tourism, health care and education, designed to help re-generate Johor state.…

CHINESE investors in London’s property market are becoming increasingly important players, and the signs are that the flow of Yuan into the UK capital could keep growing. Michelle Zhang, who heads up the China desk at DTZ London, said: “CIC [China Investment Corporation] would be viewed as the most active Chinese investor and now have a number of prime London property holdings;” she highlighted the Chinese sovereign fund’s recent GBP245 million purchase of Deutsche Bank headquarters Winchester House, from KanAm, undertaken alongside Invesco.…

SPORTS regulators, police and other ‘actors’ in the emerging global scandal over match-fixing and other forms of bribery, fraud and corruption need more dedicated accounting skills in-house to prevent, detect and prosecute offences.

“Sporting institutions are behind the curve and need specialists including people trained in forensic accounting within them,” said Dr Graham Brooks, a leading independent analyst of sports crime, and senior lecturer at the Institute of Criminal Justice Studies (ICJS) at the University of Portsmouth, in southern England.…

Malaysia, already one of southeast Asia’s leading economies, is aiming to become a developed country by 2020, and with expected economic growth at 4.6% in 2012, has the potential to become an increasingly significant market for tobacco products. However, due largely to sharp tax increases on tobacco products over recent years, the industry has suffered badly from a dramatic increase in smuggling.…

ETHIOPIA’S potential as a source of industrial minerals is beginning to be realised, with a growing number of exploration and mining projects underway, and rapidly increasing foreign investment.
To date, its Ministry of Mines has granted 72 industrial minerals exploration licenses – 61 to foreign companies, eight to Ethiopian/foreign joint ventures, and three to local companies; and 52 mining licenses – 28 to foreign companies, 17 to Ethiopian/foreign joint ventures, and seven to local companies.…

EUROPEAN Union (EU) Japanese knitwear manufacturers are assessing the opportunities offered by the planned EU-Japan free trade agreement (FTA), with negotiations about to begin, having been authorised by the European Union (EU) member states before Christmas.

“We will try to develop good contacts with the Japanese industry to try to come up with solutions during the negotiations that could be beneficial for both whenever possible”, said Luisa Santos, head of international trade at the European apparel and textile confederation (Euratex).…

DECLINING demand from the USA and European Union (EU) for Bangladesh knitwear has not dampened the world’s second largest clothing exporter from aiming high. Rather, Bangladesh is planning to more than double its current knitwear exports, to USD20 billion by 2020, seeking out new markets.…