Search Results for: japan

THE EUROPEAN Parliament has backed a European Commission proposal to exempt Japan from European Union (EU) bottle size rules when selling the spirit shochu. The special shochu ruling was made because the Japan-EU free trade agreement (JEFTA) – scheduled to enter into force by next November (2019) – commits Japanese exporters to selling drinks in the EU confirming to EU legislation on nominal quantities of prepacked products (directive 2007/45/EC). …

THE GOVERNOR of New York has announced a USD13 billion plan to upgrade John F. Kennedy International Airport, building two international terminal complexes on the airport’s north and south sides, and associated land transport links. The investment will draw on USD12 billion in private funding, said Gov Andrew Cuomo.…

THE EUROPEAN Commission has proposed a draft regulation that would insist that food sold to European Union (EU) consumers contain a maximum 2 grams of trans fat (other than that naturally occurring in animal fat) for every 100 grams of fat.…

UNTIL the past two years, scalp care products have been regarded as an elite product in China, with sales generally restricted to expensive lines sold at high-end hair salons. But recently, this specialist hair care products have been increasingly available on the mass market and are proving especially popular with young women commanding higher incomes, according to the London-based research firm Mintel.…

Indonesia is seeking to open new markets for its textile and garment products – not only are free trade agreements with Australia and fellow Asian countries are on the cards, the industry’s association and the government has announced, but the industry is also targeting African export sales.…

TURKISH fabric producer Söktaş is significantly expanding its range of sustainable textiles as it looks to meet growing demand for fabrics with eco attributes.

The company – which had expanded its premium shirting fabrics range to fabrics for jackets and trousers – has now introduced organic cotton fabrics into its stock-supported ranges.…

Japan’s traditional tobacco market continues to contract, with fewer people smoking and more smokers expressing a desire to stop, but sales in the heated tobacco sector remain positive and are growing.

Less than 30% of Japanese adults now smoke, according to statistics released by the health, labour and welfare ministry in early September, the first time the figure has fallen beneath that threshold since statistics were first collated in 1986.…

Cryptocurrencies have made a big splash across Asia, and governments have taken very different regulatory approaches to curb associated financial scams and money laundering.

While there is one group of countries that has banned the operation and use of cryptocurrencies entirely, including China, India and Vietnam, a second category spans countries that see cryptocurrencies as potentially boosting their own financial sectors.…

THE UNITED States Trade Representative (USTR) today branded the Global Forum on Steel Excess Capacity a failure, claiming its efforts have not delivered the production cuts that markets need to stabilise prices.

In a strongly worded statement released after a forum ministerial meeting was staged today (Sept 20) at the Organisation for Economic Cooperation & Development (OECD), in Paris, the USTR argued that the group’s results to date “leaves us questioning whether the Forum is capable of delivering on these objectives”. …

THE COLOSSAL potential of Myanmar’s tourism industry combined with a severe lack of transport infrastructure has prompted the government to undertake a countrywide overhaul of its airport network.

Plans range from connecting remote regions using single runway sites to a new international airport for the commercial capital Yangon, but progress on all fronts has been slow and the future of key projects is highly uncertain.…