Search Results for: hong Kong
10 results out of 961 results found for 'hong Kong'.
AS US-CHINA TRADE SPAT HEATS UP, THE PHILIPPINES ANTICIPATES CHINESE GARMENT INVESTMENT WAVE
Signs of an accelerating relocation of garment investment from China to the Philippines are emerging, amidst the US imposing an additional 10% duty on textile and some clothing products from China. The Chinese government retaliation of an additional 25% duty on US cotton imports making raw material sourcing for China-based manufacturers more expensive has also raised the cost of doing business in China.…
COMPETITION RAMPS UP FOR RTE BREAKFAST CEREALS IN CHINA
Seeing strong growth in China’s adult-targeted, ready-to-eat (RTE) breakfast cereals sector, global cereals manufacturers are speeding up new product launches in China to stay competitive. Nestlé, for example, introduced Fitness Granola into China last May (2017), initially via its online stores.…
CHINA INVESTMENT IS MAJOR GLOBAL SHOT IN THE ARM FOR NUCLEAR ENERGY SECTOR
China seems to have given the world nuclear industry back its mojo this summer with two big moves: the signing in June of an order for four Gen 3+ VVER-1200 reactors from Russia’s Rosatom. This certainly got the bubbly flowing at the World Nuclear Exhibition, in Paris, in late June, following two years of sluggish investment in this globalised industry.…
SOUTH KOREA HEATWAVE PUSHES DEMAND FOR NEW INNOVATIVE SUN-STICKS SKIN PROTECTION
With a historic heat wave plaguing the Korean peninsula since the middle of July, killing at least 29 people and hospitalizing 2,300 others with heat-related illnesses, it is little surprising that suncare product sales have been booming in South Korea.
And while traditional sun protection products such as parasols and straw hats have sold well – July sales up 83% and 37% year-on-year respectively, according to local e-commerce website Auction, (www.auction.co.kr),…
JAPAN PERSONAL CARE PRODUCT GROWS THROUGH EXPORT BOOM
Japan’s personal care sector experienced continued growth in 2017, with shipments surpassing Japanese Yen JPY1.6 trillion (USD14.34 billion) during the year to record a new record high. Virtually every sector recording an increase in sales on the previous year. Figures for the January-April period of 2018 suggest that this positivity is being carried over into this year, boding well for Japanese personal care product companies.…
CHINESE PAINT SECTOR LOOKING TO GREEN-UP, EVEN AS GROWTH IS STILL ROBUST
ENVIRONMENTAL enforcement and product safety improvements were top priorities for China National Coatings Industrial Association, president Sun Lian Ying, when addressing her organisation’s annual summit, held in March (2018) in Jiangsu province. The meeting launched a ‘Green Development – Six Actions of China’s Coatings Industry Plan’ for the industry, which included pledges to pledges to reduce pollution in production plants while increasing the industry’s range of environmentally-friendly, highly innovative products.…
EU BEEF, SHEEP AND GOAT MEAT EXPORTS FALLING FAST, SAYS EUROPEAN COMMISSION
THE OUTLOOK for European Union (EU) beef, sheep and goat meat imports looks bleak, with sales tumbling, according to an EU agricultural markets 2018 and 2019 forecast released by the European Commission.
Beef exports started falling by December 2017, and this has continued into this year, with exports almost 15% lower in the first four months of 2018 year-on-year.…
DENMARK EYES ROSY EXPORT FUTURE AS HEAT-TREATED PRODUCTS ENTER CHINA
AFTER sending its first batch of heat-treated pork products to China last month, Denmark’s Danish Crown is optimistic about generating as much as EUR25 to EUR50 million (USD29-58 million) in export sales to this key market, within a few years.
In February this year, meat processor Danish Crown subsidiary, the Tulip Food Company received permission from China regulators to export heat-treated meat that included ham, sausages and pepperoni.…
AUTO INDUSTRY EMBRACES DIGITAL DEVELOPMENTS; SAYS SAFETY IS KEY
THE EUROPEAN car industry has welcomed a commitment by the European Union’s (EU) executive body, the European Commission’ – in a policy paper (called a ‘communication’ on automated mobility) – to have all new vehicles connected to the internet by 2022.…
HONG KONG RECRUITERS URGED TO CUT HIRING DELAYS TO GUARANTEE TALENT RETENTION
THERE are growing calls for Hong Kong-based recruiters to re-think and speed up their hiring processes, after a latest study found that they are losing the best talent to unnecessary HR decision delays.
More than 72% of 500 Hong Kong job seekers have taken a second job “because their preferred employer took too long to give them an answer,” recruitment specialist Robert Half found in a study published last month (May 17).…