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Japan’s Kansai International Airport was closed for three days after being struck by Typhoon Jebi on Tuesday, September 4, with a reduced roster of 19 flights scheduled to take off on the following Friday (today).

Peach Aviation, a local low-cost carrier, operated 17 flights throughout the day, while Japan Airlines had two take-offs.…

Taiwan has become the top importer of Japanese beef, less than one year since lifting a ban on the product. The 16-year ban was put in place following outbreaks of bovine spongiform encephalopathy (BSE) or mad cow disease in Japan in 2001 but was lifted in September 2017.…

Japan’s wagyu producers are penetrating the Australian market following the lifting of an import ban on Japanese beef in May, but sales may be limited to the high-end market.

The ban had been in place for 17 years due to outbreaks of bovine spongiform encephalopathy (BSE) or mad cow disease in Japan.…

WITH the old certainties that the world would move steadily towards ever freer trade now crumbling, the technical textile sector is closely monitoring shifts in trade policy by key governments and international organisations.

This industry depends on the free flow of materials and finished goods – and unlike many textile segments – still has a significant manufacturing presence in mature markets, making the impact of trade policy changes complex and hard to predict.…

A new report from Transparency International has found that only 11 major exporting countries in the world significantly punish companies that pay bribes abroad. The report, called ‘Exporting Corruption’, also found that more than half of world exports come from at least 33 jurisdictions, including several European Union (EU) member states, where companies that export corruption along with their goods and services face weak consequences. …

The UK and Australia are poles apart geographically but share the aim of becoming leaders in using or selling hydrogen for energy. The scheduled unveiling in November (2018) of a conceptual design to convert an eighth (8.3 million) of the UK’s population to 100% low-carbon hydrogen gas between 2028 and 2035 matters.…

Japan’s milk industry has welcomed the government’s decision to revise an ordinance that prohibited the production and sale of liquid baby formula – reversing a ban that has permitted powdered product only.

The ministry of health, labour and welfare has announced new standards for ready-made liquid baby formula that can be stored outside refrigerators.…

AUSTRALIA and New Zealand might be saturated markets for the cosmetic and toiletry retailing industry but the consumers’ willingness to buy a variety of complex formulated and premium green products is continually expanding revenue. Millennial consumers especially are contributing to rising demand for independent and green brands.…

THE CHINESE government has directly targeted the American confectionery and related ingredients sector in its latest tit-for-tat response in the trade wars launched by US President Donald Trump. Beijing has highlighted these goods as products that may become subject to retaliatory tariffs, should the USA impose a threatened third list of duties on Chinese tech, drafted over alleged thefts of American IP.…

THE INTERNATIONAL Public Sector Accounting Standards Board (IPSASB) has released a new standard on reporting financial instruments – IPSAS 41 – to improve the relevance of financial assets and liabilities data. It replaces financial instruments reporting rules in IPSAS 29, introducing a single classification and measurement model for financial assets, considering an asset’s objective and cash flows.…