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The largest logistics facility in Japan employs around 2,000 people – but that is one-quarter of the manpower that would be required if Haneda Chronogate had not incorporated so much advanced technology into its design.

Located alongside the perimeter fence of Haneda International Airport, the busiest serving Tokyo, Chronogate has a total floor area of nearly 200,000 square metres and serves as the hub for mail for the metropolitan area and the surrounding Kanto region.…

Japan’s cosmetics and personal care market is holding steady, although there are concerns that stability is being supported by strong consumption by the burgeoning number of tourists visiting the country combined with a weak yen. USD1 bought Japanese Yen JPY117 in December compared JPY100 in July, although it has since recovered to JPY110 (April).…

HONG Kong’s Securities and Futures Commission (SFC) will ease listing requirements for certain infrastructure companies, notably those involved in projects aiding the Chinese government’s Belt and Road Initiative. This aims to promote transport infrastructure helping move Chinese goods to central Asia, southeast Asia, Africa and Europe.…

China’s may have announced the launch of a second major national oil and gas trading centre – in the country’s south-western metropolis of Chongqing – but this new entrepot may take time to be operational. Indeed, while the Chongqing Oil and Gas Trading Centre was formally established in January, it may take until 2018 before it is operational.…

THE HONG Kong Monetary Authority (HKMA) – the special administrative region’s central bank – has fined commercial bank Coutts & Co’s Hong Kong branch Hong Kong dollars HKD7 million (USD900,700) for breaching HK anti-money laundering (AML) and terror finance laws. The HKMA concluded following an inquiry that the private bank had breached five rules of Hong Kong Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance (AMLO) between 2012 and 2015.…

Brazilian overseas beef meat sales are set to grow in 2017, according to projections from the Associação Brasileira das Indústrias Exportadoras de Carne (ABIEC). “Our export forecasts for 2017 are USD5.5 to USD6 billion, said Antônio Jorge Camardelli, the ABIEC president.…

Experts have highlighted concerns over the exploitation of Syrian refugees working in the Turkish textile industry and called at a public forum in Hamburg for them to be registered to receive basic workplace protection. They urged the Turkish government and the clothing supply chain to work together to improve the plight of Syrians fleeing the war-torn country and seeking to establish a steady work life.…

WHEN China’s President Xi Jinping donned a red helmet and rubber boots to walk the construction site of Beijing’s new airport on February 23 (2017), he told the assembled engineers and workers that the airport was part of China’s plan to become a “powerful civil aviation nation.”…

THE cosmetics sector of South Korea, evaluated at USD12 billion in sales during 2016 by market researcher Frost & Sullivan, has been enduring a tough crash course in political risk since its government agreed to host the US missile-defence system Terminal High-Altitude Area Defence (THAAD).…

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.…