Search Results for: Singapore

FOR years, Switzerland’s success as a global financial center has rested upon the rock-solid foundation of banking secrecy, a guarantee of discretion as solid at the Matterhorn.  The Swiss proudly declared banking secrecy to be part of the country’s DNA, a practice formally established in the 1930s when Nazi Germany was on the rise and which helped shield individuals against abusive states. …

INCREASINGLY stringent regulations governing the cold chain transport of medicines for human use are tipped to become a major driver for the uptake of radio frequency identification (RFID) technology by pharmaceutical suppliers in the Asia-Pacific region.

According to a recent report published by industry analysts Frost & Sullivan, America and Europe currently divide the biggest slice of market share in the global market for cold chain RFID.…

Northern Irish beef farmers have welcomed Singapore’s decision to allow UK beef imports an “excellent marketing opportunity for their quality grass fed Northern Irish beef”. The province’s beef and sheep business is one of Europe’s most dominant regional sectors, comparing its turnover to other local industries.…

THE LIBERALISATION taking place in Myanmar has been making the global textile and clothing sector excited about the country’s thus far untapped potential to export indigenous and mainstream textiles. Aung Min, research director of the business insight and social insight department at the Myanmar Marketing Research and Development Co.…

ANTICIPATED market liberalisation in democratising Burma is enticing global tobacco companies such as British American Tobacco (BAT) to sell and manufacture cigarettes in Myanmar. However, rampant smuggling of duty-free cigarettes into the country and the dominance of low-end local brands pose a challenge to legitimate business ventures.…

INDIA’S luxury apparel market poses huge challenges for western brands due to a local preference for ethnic designs, especially for dresses, according to the latest market intelligence revealed last week at the ‘CII-ET Dialogue on Luxury’, a daylong conference organised by the Confederation of Indian Industries (CII) and India’s Economic Times newspaper, in New Delhi.…

THOSE who have spent some time walking Chinese supermarket aisles in the past decade will have noticed astonishing changes in the local diet. Increased sales of dairy products and meat are driving demand for soy as an animal feed ingredient, and demand for higher-end consumer products such as ice cream, and confectionery are increasing palm oil requirements.…

THERE are few brands as recognisable to Chinese consumers as the ‘Golden Dragon Fish’, the ‘Jin Long Yu’ in Mandarin, which adorns the tubs of cooking oil and bags of flour and rice in supermarkets across the country. The brand is owned by Singapore-based conglomerate Wilmar, a one-time trading house which has come to increasingly invest in downstream and upstream elements of the oil palm and soy industries.…

ONCE upon a time, an overly curved cucumber could not be labelled ‘cucumber’ in the European Union (EU) because it did not comply with ‘official’ definitions of the fruit, which included limits on curvature. The European Commission eventually modified the rules: ugly and misshapen fruit and vegetables now sell freely under their own time-honoured names.…

STATE support for the development of the Internet of Things (IOT) sector in China has the potential to drive demand for premium protective coatings across the Asia Pacific region, according to IOT and coatings industry experts.

During China’s recent change of government leadership, the State Council this February promised to launch tax breaks for companies using these technologies, vowing to achieve widespread “application of the IOT in key areas by 2015, as well as breakthroughs in core technologies.” …