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Malaysia has had a reputation for being one of the most stable jurisdictions in south-east Asia in which to do business. But its democratic political system has yet to deliver a change of government nationally and there are concerns that commercial crime is on the increase, with corruption claims even levelled at the Prime Minister.…

Using cosmetics is not just window dressing, but can boost real happiness in consumers, European industry organisation Cosmetics Europe president Loïc Armand has told Soap, Perfumery & Cosmetics in an exclusive interview. Speaking on the sidelines of the Cosmetics Europe Week 2016 conference ‘Personal Care in a Changing World’ (June 13-17), Armand said: “People think that cosmetics are just about looking good, and that they are just superficial, but I think it should be recognised in law that cosmetic products can have real well-being benefits.”…

Authorities in China are currently developing a new range of regulations aimed at efficacy claims that when passed will have a broad-ranging impact for domestic and foreign cosmetics manufacturers, alongside other regulations covering labelling and ethics. The proposed regulations are aimed at standardising the industry and providing a basis on which prosecutions can be brought in order to reduce safety concerns.…

A EUROPEAN Commission ruling that Ireland must recover up to EUR13 billion in back-taxes (plus interest) from Apple has signalled a tough approach from Brussels over alleged European Union (EU) competition law breaches associated with sweet taxation deals by member states.…

MALAYSIAN Prime Minister Najib Razak has come under renewed pressure over allegations that he personally profited from a sovereign wealth fund, after the US Department of Justice (DoJ) announced it would seek to recover more than USD1 billion in “misappropriated assets”.…

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 UNITED States Fashion Industry Association (USFIA) has predicted that Vietnam’s position as a key supplier of clothing, and hence a buyer of textiles, will remain strong, even if the USA fails to ratify the Trans-Pacific Partnership (TPP) trade deal. According to the 2016 USFIA Fashion Industry Benchmarking Study, 70% of respondent companies said they will increase sourcing from Vietnam in the next two years if their sourcing volume from China decreases.…

Pakistan’s textile industry is warning of serious damage to the cotton-related businesses if a new 4% import duty currently charged on raw cotton for textile manufacturers serving domestic market is maintained.

“This policy will have a long term impact on the cotton consumption in Pakistan and the whole value chain will be affected,” Asif Inam, vice chairman of All Pakistan Textile Mills Association (APTMA), in Karachi told WTiN. …

Autoparts researchers are developing the use of grasses, such as hemp or flax, to make tough bioplastics that are lightweight and also help reduce a vehicle’s carbon footprint by using a renewable resource as an input.

A key innovator is Bruce Dietzen, president of Renew Design, a Florida, USA-based company that produces custom-ordered cars whose body components are made from processing the outer stalk of hemp plants through combining it with a synthetic resin and placed in a mold.…