Search Results for: South Africa

RESTRICTIVE quotas limiting European Union (EU) sugar production to 13.5 million tonnes have finally been scrapped, freeing producers to hit market demand. The abolition of the quotas from October 1 sees European Commission officials predicting that EU sugar production will increase 20% and reach 20.1 million tonnes for the next harvest.…

WHILE there is little doubt that the Asian fire resistant coating market is large – indeed New Jersey-based chemical consultancy Growney Kusumgar, Nerfli & Growny has argued that it is several times larger than that of the USA’s USD100 million-market – marketers can struggle to make sales. …

VISITING spa and beauty salons is a way of life in the United Arab Emirates (UAE). The country’s competitive business climate has given rise to a ‘work hard, play hard’ mentality and a hectic lifestyle that requires frequent pampering and relaxation.…

THE ARAB Spring, for all its faults, inconsistencies and disappointments, has delivered the world one thriving open and pluralistic Arab society – Tunisia – where women especially have seized new freedoms and spending power. This is reflected in spending on spa and salon services in the country, where, according to market researcher Euromonitor International, in the year of the 2011 Jasmine Revolution the turnover of the Tunisian spa sector was just USD32.4 million.…

HONG Kong continues to be a thriving cosmetics and personal care market, with its local consumer base enjoying ample spending power and with traders benefiting from its strategic location as an import gateway to mainland China.  

GlobalData, a provider of business information and analytics, valued Hong Kong’s cosmetics and market at Hong Kong dollars HKD18.1 billion (USD2.3 billion) in 2016, largely dominated by imports.…

THE AUSTRALIAN cosmetic and toiletry retailing market has experienced modest growth amidst fierce competition over the past decade, figures reveal, with a constant stream of new products, many environmentally conscious, maintaining consumer interest in an otherwise saturated market.

According to California-based market research company IBISWorld, more than 18,000 people work in almost 4,000 businesses in the cosmetics industry in Australia, a country of more than 24 million people.…

THE UNITED Arab Emirates (UAE) may hold an enviable portion of the world’s oil and gas reserves, at 4% and 3.5% respectively. But this has not stopped the country diversifying its long-term energy sources through developing nuclear power. With generation imminent, nuclear energy regulators and companies are watching closely how this rare event – a country embarking on a new civilian nuclear programme – rolls out.…

*Spas and salons can prosper by drawing on this region’s strong traditions for public bathing – especially in north Africa. Hammams are part of the culture here – and spas and salons that build on such long-established services may well develop a loyal client base, especially in working class neighbourhoods.…

The European Union (EU) has become the largest importer of Myanmar garments, purchasing almost as much from the country in 2016 as the next two largest destinations combined, according to United Nations trade data.

“It’s been quite a swift development, but we had to work hard to earn it,” said Khine Khine Nwe, general secretary of the Myanmar Garment Manufacturers Association, noting that the EU was the third largest buyer in 2014 and second in 2015.…

THE IMPOVERISHED south-east Asian kingdom of Cambodia shares porous borders with the significantly more dynamic economies of Thailand and Vietnam, is notorious for corruption, has a large casino sector and generates significant earnings from illegal exports.

This precarious mixture of factors has since 2012 consecutively earned Cambodia a spot in the Basel Anti-Money Laundering (AML) Index (from the Basel Institute on Governance) top-10 risk jurisdictions for money laundering.…