Search Results for: japan
10 results out of 2075 results found for 'japan'.
EU-VIETNAM TRADE AGREEMENT WILL BOOST TEXTILE TRADE, CLAIM EXPERTS
THE EUROPEAN Union (EU)-Vietnam Free Trade Agreement (FTA), on which negotiations concluded December 2, 2015, will open up “huge business opportunities” for Vietnamese garment companies, business experts agreed earlier this month at an event jointly organised by EU business federation BusinessEurope, EuroCham [European Chamber of Commerce] Vietnam and the EU-Vietnam Business Network.…
OPERATION RENEGADE YIELDS IMPORTANT COUNTERFEITING INTELLIGENCE IN ONGOING GLOBAL STRUGGLE AGAINST FAKES
A MAJOR international anti-counterfeiting action ‘Operation Renegade’ did not just seize more than 70,000 counterfeit auto spare parts, oil and air filters, grills, and fuel pumps, and nearly 600 cylinders of chlorofluorocarbon (CFC) refrigerants, it yielded valuable anti-smuggling and counterfeiting information.…
PUTTING ON A BRAVE FACE – JAPAN’S COATINGS SECTOR INVESTS ABROAD AS DOMESTIC SALES FACE DECLINE
JAPAN’S paint and coatings sector is putting on a positive face and playing up overseas expansion efforts, as well as its traditional strength in innovation, but analysts are concerned about the longer-term outlook for domestic companies.
Sales of paint in Japan came to Japanese Yen JPY 675 billion (USD6.10 billion) in 2016, a marginal increase of around 1% on the previous year’s figure, according to the Japan Paint Manufacturers Association.…
INTERNATIONAL REGULATORY ROUND UP – INDIAN CONFECTIONERY SECTOR GRAPPLES WITH NEW GST
CONFECTIONARY manufacturers in India are having to grapple with their products and ingredients attracting a wide range of tax rates under the country’s new goods and services tax (GST), which started to be levied from July 1.
India’s GST Council, a body representing the central and state governments, has been deciding which goods will be covered by the zero, 5%, 12%, 18% and 28% tax rates allowed under India’s GST legislation. …
SOUTH KOREAN SPA AND BEAUTY SALON SECTORS WORKING THROUGH ECONOMIC BLUES
LIKE its neighbour Japan, South Korea has a tradition of using public baths and spas, notably their 24-hour jimjilbangs, with hot and cold soaking pools, bathing and massage areas, saunas, entertainment lounges and communal sleeping.
As a result, the country’s spa and beauty salon sectors seem largely unaffected by the drastic decline in Chinese tourist arrivals amid retaliatory measures by Beijing over Seoul last year allowing US forces to deploy THAAD defence missiles on South Korean soil.…
JAPAN FACES SPA EXPANSION CHALLENGES DUE TO SHRINKING POPULATION
JAPAN’S spa and beauty salon markets are well developed and established, undoubtedly a reflection of the country’s well-known traditions of cleanliness and looking good. Being well-established has arguably made further expansion and growth in the sectors more challenging, while Japan’s shrinking birth rate and population do not bode well for longer-term expansion.…
JAPAN TARGETS ‘SILVER MARKET’ WITH AGE SPECIFIC PRODUCTS
THE COSMETICS and personal care industry bases its wealth on personal consumption, targeting its products at the needs and desires of consumers writ large. This is as true in Japan as anywhere else – but in Japan, the industry faces a special problem – plummeting population levels, and a dramatic ageing of local consumers.…
SOUTH EAST ASIA PERSONAL CARE PRODUCT MARKETS GROW – BUT DIVERSITY IN TRENDS STILL SIGNIFICANT
SOUTH east Asia’s countries are as culturally diverse as those in Europe, and far more contrasting in economic development, so it is no surprise that their personal care product markets differ in their tastes and priorities. Fortunately, with the region’s largely emerging market economies still on a robust growth trajectory, and its more developed economies solidifying their wealth, the usual personal care product sale trend is one of expansion, albeit unevenly and sometimes with set-backs.…
TAIWAN COSMETICS SECTOR STAYS ROBUST BUT CHALLENGED BY REGULATORY HEADACHES
TAIWAN, a now a high-income economy with a population of 23.6 million and a per capita income of USD22,453 in 2016, (International Monetary Fund figures), has been witnessing robust growth in its cosmetics and personal care products manufacturing. In 2016, this grew by 5.99% year-on-year to Taiwan dollars TWD21.1 billion (USD700 million), according to an estimate by the Industrial Economics & Knowledge Center (IEK), a Hsinchu-based public-initiated think tank.…
KOBE PRODUCERS WELCOME EU GI DEAL – BUT WARN OF POTENTIAL SCARCITY IF EXPORTS RISE
BEEF producers in the European Union (EU) could face restrictions on using famous beef names such as Kobe and Tajima to market their home-grown beef once an agreed-in-principle EU-Japan free trade agreement is implemented. The restrictions would come through reciprocally agreed rules within the deal to protect both jurisdictions’ registered geographical indication (GI) products.…