Search Results for: japan

THE OILS and fats business has always been international, with its commodities and the products made from them, being traded worldwide. And as a result, the companies involved have always had to pay attention not just to the regulations of the country were they manufacture or source, but those of importing and transit countries.…

JAPANESE consumers’ preference for meat is growing so strongly, it has pushed domestic per capita fish consumption to its lowest level since the 1960s, according to 2015 figures from Japan’s ministry of agriculture, forestry and fisheries. The gap between levels of meat and fish consumption is increasing; meat consumption overtook that of fish about six years ago but the gap is widening; fish consumption is now 30% less than it was at its peak, in 2001. …

Sri Lanka’s cosmetic and beauty product manufacturers are becoming increasingly anxious over the lack of sales regulations, promoting significant volumes of lower grade cosmetic imports, putting local manufacturers at risk. 

Until July 2015, there was a specific authority to oversee cosmetic products being imported as well as distributed in the country.…

India’s digital printing industry is successfully challenging the country’s traditional finishing sector, expanding rapidly thanks to reduced costs, support from country’s large textile export sector and an ability to respond to changing fashion trends. “The share of digital textile printing will increase from five to 15 percent in next six to seven years,” said Siddharrthha A Jain, partner at Printtech, a digital textile printing company based in Gurgaon, near New Delhi, noting that currently there are 250 to 300 such companies in India.…

EUROPEAN COMMISSION LAUNCHES GLOBAL TAX AVOIDANCE BLACKLIST ASSESSMENT

THE EUROPEAN Commission has completed the first phase of an assessment designed to help the European Union (EU) frame its own blacklist of jurisdictions deemed un-cooperative over tax avoidance and evasion. Brussels has released a ‘scoreboard’ of non-EU jurisdictions judging whether they exchange information with foreign tax authorities, have preferential or low tax regimes, have close and important economic and financial links with the EU and are politically stable (and hence more attractive as a tax haven).…

South America’s cosmetics and personal care sector is looking to bounce back from a slowdown caused by the region’s macroeconomic troubles, but political pressures and regional trade alliances are driving individual country markets down divergent paths.

Over the last year, countries across the region have been buffeted by economic turmoil that has had a knock-on impact on the cosmetics sector.…

THE ASIA-Pacific coatings additives market is big business, and is getting bigger. According to Pune, India-based market research organisation Markets and Markets, the coatings additives market in the Asia-Pacific region will be worth USD2.81 billion in 2016 and is expected to grow at a CAGR (compound annual growth rate) of 7.2% until 2021.…

Oil and gas owners and operators working offshore in the Middle East face looming corrosion and erosion detection and prevention challenges to continue operating their ageing assets efficiently, safely and within regulatory requirements in the Gulf Cooperation Council (GCC) member states.…

WORKFORCE DEMOGRAPHICS

East Asia is a very varied region in terms of economic development. Take the 10 members of trade bloc ASEAN (the Association of Southeast Asian Nations): with 632 million people, demographics greatly vary, from aging Singapore and Thailand, to the younger and emerging economies of Indonesia, Cambodia, Vietnam, Malaysia and the Philippines.…

The Indonesian Textiles Association (API – Asosiasi Pertekstilan Indonesia) has told WTiN.com that it enthusiastically endorses the opening of negotiations between the European Union (EU) and Indonesia to forge a Comprehensive Economic Partnership Agreement (CEPA) free trade deal.

The goal of the talks announced in July will be to create an agreement that goes beyond traditional agreements that focus on duty and quota abolition, to include removing non-tariff barriers through regulatory mutual recognition and harmonisation.…