Policy & Opinion
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Policy & Opinion
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Nuclear Energy Industry to Keep a Critical Export Agreement with China on The Books
Jun 9, 2015The nuclear energy industry is pushing to keep a critical export agreement with China on the books beyond the end of this year. A nuclear cooperation agreement that allows United States companies to export their products and ...
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The Food Information Regulations Signalled an Extensive Change to Food Regulation
Jun 8, 2015The Food Information Regulations introduced in December 2014 signalled an extensive change to food regulation, and by now, most packaging professionals will have a respectable understanding of them. Within the new Regulation are specific ...
Tags: Food Packaging, Packaging
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Three Major Tobacco Companies in The Us Have Dropped Their Lawsuit Against The FDA
Jun 5, 2015Three major tobacco companies in the US have dropped their lawsuit against the Food and Drug Administration (FDA) over pre-approval for modifications in labelling. The FDA has previously regulated that the tobacco companies required to ...
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Pak Parliament Recommended 2% Uniform Rate of Sales Tax
Jun 5, 2015Pakistan's National Assembly standing committee on textile industry has recommended 2 per cent uniform rate of sales tax, against the proposed 5 per cent by the Federal Board of Revenue (FBR), on five leading export-oriented sectors - ...
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China Regional Development - Big Plan, a Little Fuzzy
Jun 5, 2015FROM the damming and diverting of mighty rivers to the building of huge new cities from the ground up, China's government does not shy away from grand schemes. The Communist Party's highest decision-making body has now signed off on another ...
Tags: China, Regional Development, Economy Policy
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The Government Is Working on Guidelines for E-Commerce Sector
Jun 4, 2015The government is working on guidelines for e-commerce sector in the backdrop of ongoing tussle between online and offline retailers, according to media reports quoting a top government official has said. The government is aware of the ...
Tags: E-Commerce, Service
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China's Manufacturing Activity Slightly Expanded in May
Jun 3, 2015China's manufacturing business activity slightly expanded in May, indicated by a Purchasing Managers Index reading of 50.2, up from 50.1 in April, according to official data. The reading has remained above 50, the separation between ...
Tags: Manufacturing, PMI
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China Slashes Import Duty on Consumer Goods
May 28, 2015China is to reduce import taxes by more than 50 per cent on some consumer goods, including apparel, in a bid to encourage an increase in domestic spending, according to media reports. The Chinese finance ministry has said that it will ...
Tags: Import Duty, Consumer Goods
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Government Has Sought to Downplay The Continuation of The Policy Permitting 51per Cent FDI
May 22, 2015Facing criticism on retail FDI issue, the government has sought to downplay the continuation of the policy permitting 51per cent FDI in the multi-brand retail sector saying the BJP's stand remains the same on the matter, according to media ...
Tags: retail FDI issue, UPA policy
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CFS Has Imposed a Ban on Poultry Meat Imports From Parts of US and Turkey
May 21, 2015The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department in Hong Kong has imposed a ban on poultry meat imports from parts of US and Turkey over bird flu outbreak. This comes after US state of Nebraska and World ...
Tags: Poultry Meat, Imports Ban
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Taiwan Has Imposed Stricter Regulations on Japanese Food Imports
May 20, 2015Taiwan has imposed stricter regulations on Japanese food imports from the regions affected by the 2011 Fukushima nuclear disaster. The restrictions, which are in line with radiation safety management practices, will be temporary, Reuters ...
Tags: Food Imports, stricter regulations
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NCTO Has Commended The US Senate for Passing Two Important Pieces of Trade Legislation
May 18, 2015America’s National Council of Textile Organisations (NCTO) has commended the US Senate for passing two important pieces of trade legislation H.R. 1295 and H.R. 644, addressing trade preference programmes and customs enforcement. As ...
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USDA Finalized Rule to Label Mechanically Tenderized Raw or Partially Cooked Beef Products
May 15, 2015The US Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS) has finalized rule to label mechanically tenderized raw or partially cooked beef products. The new requirements, when put into effect in May 2016, ...
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China to Boost Local Bond Market
May 14, 2015China is set to boost local debt swap by admitting municipal bonds as collateral for borrowing. Under the new rule, banks can pledge municipal bonds as collaterals in the central bank's repurchase agreement operations and other liquidity ...
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China Doubles Tax Rate for Cigarettes to 11%
May 8, 2015China raised the consumption tax on cigarettes from five percent to 11 percent, announced the Ministry of Finance in a statement on Friday. Each cigarette will be taxed an additional 0.005 yuan during the wholesale process, effective from ...
Tags: Tax Rate, Cigarettes
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