Search Results for: Singapore

ASIA’S technical textiles sectors continue to grow, fuelled by ready buyers in domestic and overseas markets, but governments can and do help too – keen to promote these sustainable high tech industries.

China is a case in point. Its industry and information technology ministry plus the National Development and Reform Commission in January (2017) jointly issued development guidance for technical textiles as part of China’s 13th Five-Year Plan, which runs from 2016-20.…

India’s complex Goods and Services Tax (GST) regime is set for a launch on July 1 with complicating features such as multiple tax rates and a separate law to guarantee minimum revenues to the country’s states. The central government is moving ahead with the plans, even as the country’s USD2 trillion economy recovers from the shock of November’s withdrawal of high value banknotes.…

THE ASEAN Audit Regulators Group (AARG) and the big-four audit firms have agreed a measurable goal to improve audit quality within south-east Asia. The project involves Deloitte, EY, KPMG, and PricewaterhouseCoopers (PWC) in Malaysia, Indonesia, Singapore and Thailand; along with Malaysia’s Audit Oversight Board, Indonesia’s Finance Professions Supervisory Centre, Singapore’s Accounting and Corporate Regulatory Authority (ACRA) and Thailand’s Securities and Exchange Commission.…

THE PAINT and coatings sector in Indonesia looks set to grow significantly in coming years as rising salaries and job creation mean more disposable income for middle class purchases of residential product. The south-east Asian archipelago’s poverty rate has dropped from 17.2% in 2002 to 11.1% in 2015, according to the World Bank.…

A collaboration forged between Australia and New Zealand in January this year could demonstrate how countries can pool resources to develop autonomous vehicles (AV). The antipodean neighbors are to launch an Australian and New Zealand Driverless Vehicle Initiative (ANZDVI), according to Peter Damen, chair of executive steering committee, of an existing partner the Australian Driverless Vehicle Initiative (ADVI).…

As US President Donald Trump on January 23 pulled America out from the Trans-Pacific Partnership (TPP) with an executive order, he signalled he will instead ask Asian TPP members for bilateral free trade agreements (FTAs). This includes countries such as Vietnam that rely on apparel and textile exports.…

Even as the official withdrawal of the United States from the Trans-Pacific Partnership (TPP) has been greeted by enthusiasm by American automakers, the focus is shifting to the bilateral trade deals that President Donald Trump has promised will take its place.…

IT will take at least one entire generation before Cambodia can fill a serious gap in the country’s skilled and professional labour force, an industry expert has warned – the problem dates to the Khmer Rouge dictatorship, whose brutal Marxists massacred educated Cambodians.…

Human resources departments are gearing up for reforms designed to help Singapore confront the employment challenges of a greying population. The city-state is growing old, and fast. According to the government’s National Population and Talent Division, Singapore’s number of working-age citizens (ages 20-64) peaked in 2015, at 2.2 million.…

THE US Fashion Industry Association (USFIA) has called on the new American administration of President Donald Trump to work hard to negotiate new bilateral trade deals with Asian markets now he has formally pulled his country from the Trans-Pacific Partnership (TPP) trade deal.…