Search Results for: Korea
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SOYBEAN OIL - A COVID-19 SUCCESS STORY THAT MIGHT LAST
With global markets and daily consumer habits being disrupted for almost a year due to the ongoing global Covid-19 pandemic, some oils and fats sales have grown – and a key example is soybean oil. This is true worldwide, from North and South America, to Africa, Asia, and Europe.…
THE RECP - HOW THE WORLD’S BIGGEST FREE TRADE AGREEMENT WAS SIGNED AND HOW IT WILL CHANGE ASIA
Brief:
This article provides an analysis of why the world’s largest regional trade deal (in population terms) – the Regional Comprehensive Economic Partnership (RCEP) – was signed last November (2020). It assesses China’s role in this important political and economic event, and how it reflects its relations with other signatory countries.…
INDONESIA PAINT AND COATINGS SECTOR SET FOR STABLE GROWTH POST-COVID-19
The paint and coatings industry in Indonesia still has ample room for growth amid booming infrastructure development, although it has had to struggle with the ongoing Covid-19 pandemic, say officials and industry experts.
With the property sector being the primary growth driver Indonesian paint and coating sales, the high demand for new housing and the repainting cycle assures the steady demand for paint and coating products, said Mahendra Chahar, senior consultant at Frost & Sullivan.…
INDONESIA PAINT AND COATINGS SECTOR SET FOR STABLE GROWTH POST-COVID-19
The paint and coatings industry in Indonesia still has ample room for growth amid booming infrastructure development, although it has had to struggle with the ongoing Covid-19 pandemic, say officials and industry experts.
With the property sector being the primary growth driver Indonesian paint and coating sales, the high demand for new housing and the repainting cycle assures the steady demand for paint and coating products, said Mahendra Chahar, senior consultant at Frost & Sullivan.…
SHIFTING AND VARIED LABELLING RULES ARE MAJOR COMPIANCE CHALLENGE FOR INTERNATIONAL BEAUTY BUSINESS
REGULATIONS affecting what information can, should and cannot be placed on personal care product packaging are among the most demanding of compliance issues facing beauty manufacturers.
One reason is that this is both a very international field and a dynamic one – rules change all the time and vary widely from market to market.…
CHINA SLOWS EXODUS OF FABRIC MANUFACTURERS TO SOUTH AND SOUTH-EAST ASIA – BUT REVERSAL MAY NOT LAST SAY EXPERTS
The onset of the Covid-19 pandemic sparked predictions that the shift of textile industrial capacity from China to lower cost neighbouring countries could intensify, but analysts talking to Twist International say the trend may have stalled in the past year. While production capacity of China’s textile industry has indeed in recent years shifted to south and southeast Asia, some of these transfers have not run smoothly.…
COVID-19 PRIVATE INVESTMENT DROUGHT PROMPTS PUBLIC CASH INJECTION INTO UPSTREAM TEXTILE MANUFACTURING IN EGYPT
Egypt’s plans to attract significant foreign investment in its garment and textile manufacturing sectors have been delayed due to the fallout from the Covid-19 pandemic, with exports down 20% last year. The government’s Vision 2025 strategy had targeted attracting some USD17.5 billion in foreign investment to quadruple textile and garment exports.…
CORRUPTION REMAINS A MAJOR PROBLEM IN ASIA, SURVEY FINDS
A new Transparency International (TI) survey has reported significant concern in 17 Asian countries (1) that corruption continues to be a problem or is getting worse, undermining equitable access to public services and trust in government. TI’s ‘Global Corruption Barometer – Asia’ (2) found 74% of the 20,000 people surveyed believe that government corruption is a major problem in their country, with 19% of citizens surveyed admitting to paying a bribe and 22% using personal connections when accessing public services in the previous year.…
MEAT-LOVING RUSSIANS READY TO GIVE SUBSTITUTES A CHANCE
Traditionally a society of meat lovers, Russians are now developing a taste for vegetable and cereal-based products that reflect the taste and texture of meat – food manufacturers are eager to cater to this trend.
International companies have been entering this segment in Russia, while ambitious local startups are rapidly expanding their production capacities.…
REUSING ELECTRIC VEHICLE BATTERIES CAN HELP RENEWABLE ENERGY
WHILE projections for sales of electric vehicles (EV) vary, all predictions agree that this market will explode in size in the next few years. An International Energy Agency (IEA) model for instance has suggested 245 million EVs will be driven worldwide by 2030. …