Search Results for: hong Kong
10 results out of 961 results found for 'hong Kong'.
EU/WTO INTERNATIONAL REGULATORY ROUND UP – NEW EU COMMISSION PLOTS LABELLING REFORMS
THE NEW European Commission, which is now expected to assume office on December 1, is expected to push the further harmonisation of European Union (EU) food labelling rules regarding nutrition. Incoming EU health commissioner, Stella Kyriakides, of Cyprus, said she wanted to see the Commission act against pack claims declaring that products were healthy when they contained “a high level of sugar, fat or salt”.…
INTELLIGENT MATERIALS DELIVERING BETTER FUNCTIONALITY AND SECURITY TO BEAUTY PACKAGING
INTELLIGENT materials make for packaging with better functionality and security, and innovative producers worldwide are developing better protection for personal care products.
Market researcher Smithers Pira, in a January 2018 report The Future of Active & Intelligent Packaging to 2023, notes potential uses for cosmetics manufacturers includes greater levels of engagement with customers, more personalised products and enhanced security and tracking features.…
VIETNAM’S DIGITAL TEXTILE PRINTING INDUSTRY ADVANCING INTO NEW ERA
VIETNAM has been a major textile production hub for years and, as the country’s government pushes sectors to embrace technology associated with the Industry 4.0 movement, some companies are adapting advanced methods such as digital textile printing.
According to statistics from India-based Mordor Intelligence, Vietnam is the third-largest garment exporter in the world, with the United States, the European Union, Japan and South Korea serving as major destination markets. …
IRISH ACCOUNTANTS ARE BUSY ADVISING CLIENTS ON GROWING CHINESE INVESTMENT INTO IRELAND
IRISH accounting executives are busy advising clients on how to benefit from a new wave of Chinese investment that is moving into Ireland. At a party staged at the Convention Centre Dublin this September to mark 40 years of diplomatic relations between the two countries, Ambassador He Xiangdong said Chinese investors “are in a good mood” about Ireland, with Chinese foreign direct investment into the Republic exceeding EUR128 million from this January-June, up 75% year-on-year.…
CHINA’S FINANCE MINISTRY PLOTS LAW PUNISHING LAW BREAKING ACCOUNTANTS
CHINA’S ministry of finance drafted regulations punishing accountants violating national accounting laws. Proposals under public consultation would include blacklisting accountants found guilty of fabricating, hiding or destroying financial reports, books and documents, or telling other accountants to undertake such malpractice. Accountants involved in embezzlement would suffer the same fate.…
ASIAN REGULATORY ROUND UP – HONG KONG GOVERNMENT RELEASES TAX BREAKS TO BOOST ECONOMY DURING ONGOING TURMOIL
HONG Kong’s government has released tax measures to support an economy buffeted by political protests, the US-China trade war and headwinds from a potential hard Brexit. Its financial secretary announced that 27 groups of government fees and charges would be waived for 12 months to benefit sectors including maritime, logistics, retail, catering, tourism, construction, agriculture and fisheries businesses.…
ASIAN REGULATORY ROUND UP – HONG KONG GOVERNMENT RELEASES TAX BREAKS TO BOOST ECONOMY DURING ONGOING TURMOIL
HONG Kong’s government has released tax measures to support an economy buffeted by political protests, the US-China trade war and headwinds from a potential hard Brexit. Its financial secretary announced that 27 groups of government fees and charges would be waived for 12 months to benefit sectors including maritime, logistics, retail, catering, tourism, construction, agriculture and fisheries businesses.…
CONTINUOUS DYEING MACHINES OFFER CUTTING EDGE EFFICIENCY GAINS – BUT OUTSOURCE CENTRE FINISHERS MAY NEED SUBSIDIES TO AFFORD THEM
CONTINUOUS dyeing technology is being refined and improved and offering finishers worldwide the chance to improve their output efficiency, while reducing chemical, water and energy usage. However, emerging markets finishers can struggle to find the investment costs required to install this top-line cutting edge dyeing machinery.…
HK BEAUTY MARKET HAS STRONG BASIS FOR GROWTH – BUT COULD BE KNOCKED OFF COURSE BY POLITICAL INSTABILITY
WHILE the future of Hong Kong’s political stability hangs in the balance given the long-term protests that have been wracking the territory, its underlying economy seems to be just holding together, with DBS Bank, for instance, in August projecting zero economic growth.…
AMERICA SHOOTS ITSELF IN THE FOOT IN TRADE WAR, FROM WHICH MAJOR CHINESE CLOTHING MANUFACTURERS WILL BENEFIT
THE INTENSIFYING trade war between the USA and China has proved to be an opportunity for some larger Chinese clothing manufacturing firms, some of which had already built capacity overseas, notably in southeast Asia, and Vietnam especially. These companies have been able to adjust to the worsening tariff barriers to the US market for China-sourced exports, whereas smaller companies unable to afford new SE Asia operations have suffered.…