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INTERNATIONAL negotiators have concluded a global treaty aimed at reducing mercury mining, industrial use and pollution, which will be signed in Japan in October.

Following four years of talks coordinated by the United Nations Environment Programme (UNEP), the detailed convention tries to limit the exposure of humans and nature to mercury, from mining to waste disposal.…

REPRESENTATIVES of European and international accountants’ organisations expect a planned free trade agreement between the European Union (EU) and Japan, which is currently being negotiated, to indirectly trigger an increase in the demand for accounting services. This would come largely as an indirect effect of European Union (EU)-Japan trade of all kinds being boosted, Olivier Boutellis-Taft, chief executive of the Federation of European Accountants (FEE), told Accounting & Business.…

China told members of the World Trade Organisation (WTO) today that it has fully complied with a WTO dispute ruling striking down Chinese export restrictions on various non-ferrous metal and inputs while officials from the United States (US), the European Union (EU) and Mexico said they were not completely satisfied with Beijing’s efforts.…

THE EUROPEAN Union (EU) should be the second supplier of pork to the Japanese market, up from the fourth place now, once a planned EU-Japan free trade agreement (FTA) is in place, Jean-Luc Mériaux, secretary general of the European Livestock and Meat Trading Union (UECBV) told globalmeatnews.com…

THE ONLINE market for perfume and cosmetics in the USA has bucked five years of recession then patchy economic recovery to grow steadily as more people connect to the Internet and get the e-commerce habit. Distributors such as America’s Estée Lauder Companies and Canada’s Lise Watier have prospered online and through mobile platforms offering customer interaction, convenience, and access to international markets.…

THE USE of mercury in cosmetics and soaps will be phased out by 2020 under a global treaty aimed at reducing mercury mining, industrial use and pollution. To be signed in Japan, this October, following four years’ talks coordinated by the United Nations Environment Programme (UNEP), the convention agreed on January 19 limits the exposure of humans and nature to mercury, from mining to waste disposal.…

MAJOR new opportunities are emerging for both international and domestic cosmetics brands in Thailand, due to strong economic growth, increasingly sophisticated consumers, and a vibrant market in which new products and innovations are leading to growing competition.

The economy in Thailand, with 70 million consumers, is a key mid-sized and medium-income market, and has recovered strongly from the severe floods in 2011 that affected much of the country, with GDP growth forecast at 5.7% for 2012.…

INTERNATIONAL brands have been growing in emerging markets worldwide, but it would appear that where a newly wealthy country develops a local industry with quality products, they can lose market share. Taiwan is a case in point. Its beauty and personal care market – last year worth USD3.4 billion and traditionally heavily dominated by international brands –  has seen domestic players steadily clawing back more market share: extending from a mere 15% in 2007 to a relatively handsome 25% in 2012.…

Malaysia, already one of southeast Asia’s leading economies, is aiming to become a developed country by 2020, and with expected economic growth at 4.6% in 2012, has the potential to become an increasingly significant market for tobacco products. However, due largely to sharp tax increases on tobacco products over recent years, the industry has suffered badly from a dramatic increase in smuggling.…

LEBANON was an important shop window for Middle East and North Africa manufacturers of tobacco molasses used in hookahs until a public smoking ban was implemented in 2012. And while the ban has dented Lebanon’s strategic positioning, as a popular regional tourist destination and with the Lebanese travelling widely, the country is still an important market.…