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Major Japanese snack company Calbee, which is known for potato chips and granola, will start to manufacture the ‘Frugura’ branded granola in Japan for the Chinese market, the company CEO Akira Matsumoto has told journalists in Tokyo today (May 10).

Frugura is currently manufactured for the Japanese market at a Calbee plant in Utsunomiya city, north of Tokyo.…

The US Meat Export Federation ((USMEF) is partnering with supermarket chains and event organisers in Japan’s regions to strengthen already high US red meat sales by localising marketing, public relations and consumer interaction campaigns.

In April, USMEF representatives offered tasting samples of thick-cut pork and beef at a supermarket trade show in Chiba Prefecture, near Tokyo.…

AN increasing number of Japanese consumers are becoming more environmentally conscious in their purchases and adhering to what is commonly referred to as a ‘LOHAS’ (lifestyles of health and sustainability) way of life. In the Japan cosmetics and personal care market, this initially manifested itself in the rising popularity of imported brands that prided themselves on their use of organic and natural ingredients.…

An increasing and unprecedented desire to smell good at all times is driving an increase in deodorant sales within Indonesia, an emerging market of more than 260 million people, whose tropical climate sees average daily highs generally exceed 28C.

The affordability of deodorants and their widespread availability at supermarkets have been boosting sales, especially among the country’s growing middle class, although there has not been a constant increase in sales in recent years, with a fall in the value of the Indonesian Rupiah in 2013 and 2014 depressing imports, which are of key importance for supplies of this consumer product in Indonesia.…

AUSTRALIA is witnessing something of a sea change when it comes to natural and organic cosmetics.

Jill Chambers, founder of a natural and vegan cosmetics company The Makeup Factory, based in Perth, told Cosmetics Business Markets “Just a few years ago there was a huge misconception that if a brand was natural it wasn’t effective.”…

Traditionally, Japanese people bathe on a daily basis and there was in the past comparatively little historical demand for the scents that were developed in Europe in previous centuries to mask lingering body odour. And while perfumes still remain a strictly niche market in Japan, deodorants have more recently become a significant part of the overall personal care sector.…

THE PLANNED introduction of mandatory audit firm rotation (MAFR) by the South African Independent Regulatory Board for Auditors (IRBA) has sparked widespread dissention within the country’s business and accounting communities This is despite that the reform’s goal is to strengthen auditor independence and audit quality and that there are some calls for the move to be brought forward from the current introduction date of April 1, 2023.…

Japanese and international accounting regulators have released a joint-statement committing themselves to working together on improving global accounting standards, especially on improving how these help companies communicate their financial position to investors.

The Accounting Standards Board of Japan (ASBJ) said that it would actively help develop international standards, working with the Financial Accounting Standards Foundation (FASF), the IFRS Foundation Trustees and the International Accounting Standards Board (IASB).…

Securities Commission Malaysia (SC) has released a new Malaysian Code on Corporate Governance (MCCG). This revised guidance encourages the development of corporate governance culture, not just within listed companies, but also state-owned enterprises, small-and-medium sized enterprises (SMEs) and licensed intermediaries. This code includes 36 practices to support strong board leadership; effective audit, risk management, and internal controls; and solid corporate reporting.…

Slowly, a central government is re-establishing itself in Somalia. But it is far from being a safe place in which to do business. Even though other sectors (such as livestock) are establishing themselves, the tobacco sector still lacks a functional regulator and effective regulation.…