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INCREASINGLY stringent regulations governing the cold chain transport of medicines for human use are tipped to become a major driver for the uptake of radio frequency identification (RFID) technology by pharmaceutical suppliers in the Asia-Pacific region.

According to a recent report published by industry analysts Frost & Sullivan, America and Europe currently divide the biggest slice of market share in the global market for cold chain RFID.…

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ASOS

Fashion retailer ASOS showed online convenience and price are still a winning combination with shoppers. The UK-based online retailer continued its impressive trajectory this year, announcing pre-tax profit had reached GBP54.7m (US$88.3m) for the year ending 31 August, compared to GBP40m in the same period of last year, with retail sales jumping 40% to GBP753.8m, up from GBP537.9m last year. …

WHILE Australia’s healthy economy is the envy of most countries in the world, and obviously this boosts the personal care product industry in the country – there are concerns that retailers and brands are over-charging consumers. Indeed, Australian consumers are paying as much as 50% more for the same cosmetics as United States and European consumers, according to a recent investigation by Australia’s consumer organisation Choice.…

Although Hong Kong’s paint and coatings demand is modest, and with virtually all its production facilities having moved to mainland China since the 1990s, the city remains a sales centre for hundreds of paint manufacturers, exporters and buying offices, positioned as the gateway to the Chinese market.…

THE EXPLOITATION of virtual currencies such as Bitcoin, Litecoin, Peercoin and Namecoin, to name but a few, by money launderers is an emerging concern amongst anti-money laundering (AML) regulators. They may not be legal tender, but they are convertible if owners can find institutions or people willing to turn them into fiat currency.…

WHILE the European Union’s (EU) ban on sales of cosmetics with ingredients tested on animals was imposed as recently as March 2013, its impact has been felt as far away as east Asia.

Japan’s cosmetics firms, for instance, prepared well in advance for the change in legislation.…

THE GOVERNMENT of South Korea is expected to announce a new corporate average fuel economy (CAFE) standard this coming year, which could increase target performance to 20km/liter, wardsauto has learnt. A senior official at the transportation energy team of the Korea Energy Management Corporation (KEMCO) expects the change to have a positive impact on the industry by encouraging manufacturers to develop more fuel efficient vehicles, including hybrids, electrics, and clean diesels.…

Is European higher education generally delivering the right kind of qualifications for EU citizens gearing up to tackle the challenges and opportunities of today’s world or is it missing the target somewhere along the line ? The question isn’t a new one but it has been given a fresh twist by the 2013 Education and Training Monitor released last week by the European Commission.…

THE LIBERALISATION taking place in Myanmar has been making the global textile and clothing sector excited about the country’s thus far untapped potential to export indigenous and mainstream textiles. Aung Min, research director of the business insight and social insight department at the Myanmar Marketing Research and Development Co.…

AT a time when European nuclear research projects following the Chernobyl disaster were wrapping up, Japan’s Fukushima accident exposed new gaps in Europe’s preparedness for a nuclear emergency. And a project backed by 43 organisations now wants to prepare Europe to react and communicate properly in case of a nuclear emergency, drawing on the lessons learnt after Fukushima.…