Search Results for: Malaysia

BY GEORGE STONE

MOZAMBIQUE expects to start exporting liquefied natural gas (LNG) in 2018 after major gas finds by Milan-based Eni and American firm Anadarko Petroleum in the waters of the Rovuma basin in the north of the country. The finds mean Mozambique is on course to be a leading LNG supplier to Asia, particularly Japan and rival the region’s leading gas exporters Nigeria and Angola.…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) Council of Ministers has imposed definitive anti-dumping duties on imports into the EU of certain fatty alcohols and their blends, used as cosmetics ingredients, made in India, Indonesia and Malaysia. Indian companies will be charged Euro EUR86.99 per tonne (bar VVF Ltd’s EUR46.98).…

BY JULIAN RYALL

UNIQLO thinks big, talks big and has big ambitions – and analysts believe the company does indeed have what it takes to become the biggest clothing retailer in the world within the next decade.

It will clearly face a series of obstacles on its way to that title.…

BY MATTHEW BRACE

AUSTRALIA is fast developing into a global force for natural gas, cementing its reputation as a source of valuable materials, such as iron ore, coal, gold, silver, uranium, aluminium, nickel, lead and zinc. In 2010, Australia became the fourth largest exporter of liquefied natural gas (LNG) gas – trading 18.38 million tonnes (Mt) in total – according to BP’s Statistical Review of World Energy 2011.…

BY PAUL COCHRANE

THE WESTERN financial system is undergoing profound change, of weakened trust in the sector, heightened tax regulations, pressure to curb banking secrecy and tougher regulatory compliance. As a result, the owners of legal and extra-legal capital who are looking for a safe haven for their money are starting to consider destinations outside the established offshore jurisdictions – the less regulated financial centres of the Middle East and Asia.…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) Council of Ministers has moved to prevent illicit diversions of cut-priced Chinese iron and steel fasteners via Malaysia to evade EU anti-dumping duties. It has extended an 85% tariff to most of these products exported from Malaysia, whether they are made there or not.…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) Council of Ministers has repealed Euro EUR3,479-per-tonne anti-dumping duties imposed on imports into the EU of the fragrance fixative coumarin from China, India, Thailand, Indonesia and Malaysia. The reason, said a European Commission note was that "the sole producer of coumarin, which constituted the EU industry…decided to discontinue production of coumarin…at the end of August 2010."…

BY WANG FANGQING

INDONESIA’S paint and coating market is expected to grow 10% from 2011 to 2012 after a previous average annual growth of 8% between 2006 and 2011.With the strong recovery from the recession in the domestic economy, the market – with an estimated value of US dollars USD1.1 billion – will grow robustly in the following years, according to market research company Frost & Sullivan.…

BY KEITH NUTHALL, DAVE YIN and WANG FANGQING

A GOOD deal of excitement has been created by the announcement this week in the UK academic journal Nature Geoscience that significant deposits of rare earths have been found in the Pacific Ocean floor.…

BY KARRYN MILLER

VIETNAM’s cosmetics industry is almost unrecognisable now compared to 10 years ago: back then, prestigious Western beauty products were nowhere to be found on Vietnam retailers’ shelves, and it was South Korean cosmetics products that were considered luxurious in the communist country’s market.…