Search Results for: Singapore

THE NONWOVENS sector has always been at the cutting edge of materials production, and so established developed economy manufacturers have often had the edge. But with global markets integrating, and emerging economies becoming increasingly sophisticated, new nonwovens manufacturing bases are growing all the time.…

THE ECONOMIES of the Asia Pacific region are impressively dynamic, but HR experts agree much more could be gained if the region were to succeed in improving women’s skills and providing them with equal opportunities at work.

Illustrating just how much potential there is, the latest report from the McKinsey Global Institute published in April, ‘The power of parity: Advancing women’s equality in Asia Pacific’, has found that advancing women’s equality in the region could add USD4.5 trillion to their collective GDP annually in 2025 – a 12% increase over the “business-as-usual trajectory”.…

INCREASINGLY tough anti-money laundering/combating the financing of terrorism (AML/CFT) regimes is increasing demand for AML/CFT compliance staff. And with financial institutions and non-financial AML reporters having to convince regulators that they take AML/CFT compliance seriously these professionals are needed: their salaries are rising as a result.…

THE EUROPEAN Union (EU) has moved ahead with its plans to impose temporary safeguard duties on imports into the EU of USA-made knitwear, as a reaction to the levying of American import duties on aluminium and steel imports.

The EU executive, the European Commission, has published a regulation that should see some of the duties in force by July, after they have been approved by the EU trade barriers committee.…

CLIMATE change does not just warm up the planet, it appears to be crating or extreme weather events that can cause major operational and safety problems for airports and air traffic controllers, who need to be prepared for such events with good practice and technology.…

Demand for coatings in the Philippines is being boosted by a mix of factors, leading the Philippine Association of Paint Manufacturers (PAPM) to forecast 8% year-on-year growth in paint and coatings production volumes this year (2018), to 387 million litres.

In terms of sales value, market researcher Frost & Sullivan estimates the Philippines coatings market at more than USD1 billion in 2017, with a projection for USD1.53 billion by 2019..…

THE SINGAPORE government has released an accountancy roadmap, enabling the profession in the city state to grow 5.6% annually to generate Singapore dollars SGD2.03 billion (USD1.48 billion) in nominal value-added income, creating 2,000 new PMET (professionals, managers, executives and technicians) jobs by 2020.…

THE MALAYSIAN government has effectively scrapped the country’s Goods & Services Tax (GST) reducing its rate from 6% to 0%, effective June 1. The move follows the election of a new administration under former opposition alliance Pakatan Harapan, defeating the incumbent Barisan Nasional.…

CHINA’S State Council has announced reductions in mainland VAT, with businesses being saved Chinese Yuan Renminbi CNY400 billion (USD62.8 billion) in this year alone, it has said. Rates have been lowered (from May 1, 2018) from 17% to 16% for manufacturing and other industries, and 11% to 10% for transport, construction bills, standard telecommunications service, and direct farm output purchasers by consumers (12% when these goods are bought by manufacturers for onward processing).…

A SERIES of new easily accessible initiatives from the Singapore government are set to help boost small and medium enterprises’ (SMEs) focus on human resources development – an area traditionally shunned due to cost constraints.     

The HR portal (www.hrportal.sg) launched last month is one of the three initiatives led by International Enterprise Singapore – under the ministry of trade and industry – to help develop human resources skills in the city state.…