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Market News
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Title Source Publish Date
1.
Banned Chemicals Found in Consumer Electronics Pursuant to Swedish Survey
In a survey of last year that culminated in the release of a revelatory report, the Swedish Chemicals Agency (KEMI) released a finding that nearly four out of ten low-priced electronic products contained restricted chemicals. KEMI is a supervisory authority under the Swedish Ministry of the Environment and Energy.
Economists' Pick 24 March 2017
2.
Developments in Trade Defence Measures on Solar Panels
New developments have arisen in the longstanding solar panels case. While SolarWorld, a European solar producer, continues its legal challenge against the anti-dumping and anti-subsidy duties on solar cells and solar panels imported from mainland China, the European Commission initiated a partial interim review on 3 March 2017.
Economists' Pick 24 March 2017
3.
Future’s Hong Kong Sourcing Connection Multimedia
Rakesh Biyani, Joint Managing Director of Future Retail Ltd, says Indian companies look to Hong Kong for sourcing value-added products, which will see greater demand from India’s growing aspirational consumers.
Multimedia 24 March 2017
4.
Vietnam’s Supply-chain Opportunities Spurred by Foreign Investment
Vietnam has number of favourable attributes, including a youthful labour force and relatively low production costs. FDI in Vietnam is not just geared towards the production of labour-intensive goods, but also more sophisticated products like IT equipment and other electronic items. But such production is largely processing activities by nature. As Vietnam still lacks supporting industries, expansion in processing production has elicited vast demand for a variety of production inputs.
Economists' Pick 23 March 2017
5.
Lighting Industry in Hong Kong
Hong Kong exports a wide range of lighting products, including table, bedside, floor-standing and portable lamps. Other major products include wall and ceiling lighting, chandeliers and lighting fittings, as well as decorative items like Christmas tree lighting sets and lamp shades. Hong Kong’s total exports of lighting products decreased 8% in 2016.
HK Economy 22 March 2017
6.
Hard-Pushed Russian Consumers Say No to Further Household Cutbacks
Whether their incomes continue to fall or not, a new report says Russians won't be trimming their budgets in 2017.
Economists' Pick 22 March 2017
7.
Mightiest of the Mighty Five Manufacturers
Amid a global shift in the manufacturing hierarchy, the Mighty Five cluster – Malaysia, Indonesia, Thailand, India and Vietnam – is expected to assume an increasingly significant role.
Economists' Pick 22 March 2017
8.
Electronics Industry in Hong Kong
Hong Kong’s electronics industry is the largest merchandise export earner of the territory, accounting for 65.5% of Hong Kong’s total exports in 2016. A substantial portion of such exports, largely re-export business, are regarded as high-tech products, especially those related to telecommunications equipment, semiconductors and computer items.
HK Economy 21 March 2017
9.
BRUNEI: Duty Falls on ‘Essential’ Imports While Rising on Luxury Goods
A range of amendments to import duty and excise tax rates across a variety of products are to be introduced from 1 April, including the replacement of the 20% import duty payable on automotive spare parts with a 5% excise duty.
Economists' Pick 21 March 2017
10.
HKTDC Hong Kong Houseware Fair
The Hong Kong Houseware Fair, in its 32nd year, is the ideal event for sourcing the latest products for the home. More than 2,100 exhibitors are expected to attend this year’s fair.
Economists' Pick 20 March 2017
11.
Overseas Businesses Seek Vietnam Distributors as Market Appeal Soars
Buoyed by both a surge in the size and affluence of the country's high-spending middle class and a number of lucrative government incentives and concessions, Vietnam has become a key target for many expansion-hungry overseas firms.
Economists' Pick 17 March 2017
12.
Argentina Narrows Scope of Import Licencing Requirements, Adopts New Criterion Value for Plastic Tableware and Kitchenware
The Argentinean government has again amended the list of items subject to non-automatic import licencing by removing goods classified under NCM 8471.30.12, 8471.30.19, 8471.30.90, 8471.41.10, 8471.49.00, 8504.40.90, 8528.41.10, 8528.41.20, 8528.51.10, 8528.51.20 and 8544.42.00. This action was effective 4 March.
Economists' Pick 17 March 2017
13.
Canada Proposes New Energy Efficiency Standards for 17 Products
The Canadian government has announced its intention to develop more stringent energy efficiency requirements for seven categories of residential products and four categories of commercial and industrial products and adopt brand new standards for two categories of residential products and four categories of commercial and industrial products.
Economists' Pick 17 March 2017
14.
Court Rules on Classification of Items Used During Holidays
The CIT ruled on 1 March that certain dinnerware and other items with holiday themes or designed to be used during holidays are properly classified according to their constituent materials and dutiable at rates ranging from three to six percent.
Economists' Pick 17 March 2017
15.
Unmasking Opportunities in Clean-air Wear
Chronic air pollution in many Chinese mainland cities has led to rising demand for anti-smog products.
Economists' Pick 16 March 2017
16.
Accessing the Thai Consumer Market (Interview with Herkomst)
The ASEAN region is growing as a consumer market. In an interview with HKTDC, Michael Li, Brand Director of Herkomst Holding Limited, shared his experience of lining up a number of Hong Kong brands for importing to Thailand, offered practical tips, and discussed the opportunities and challenges of entering the ASEAN market.
Economists' Pick 15 March 2017
17.
Cutting-edge Art
From pop-up greeting cards of lion dances and sampans, to light models of junks and Hong Kong landmarks, paper-art design firm POSTalk is reviving traditional Chinese paper-art with its creative, intricate designs.
Economists' Pick 15 March 2017
18.
Light in the Export Tunnel
In its latest findings, the Hong Kong Trade Development Council’s (HKTDC) Export Index for the first quarter of 2017 (1Q17), rose to 47.1, an increase of 13.4 from the fourth quarter of 2016, marking the biggest jump in recent years, although it remains below the watershed mark of 50.
Economists' Pick 14 March 2017
19.
Realignment of Russia's Electronics Retailers Spurs OEM Opportunities
With Russia's three largest electronics retailers now under common ownership, Southeast Asian suppliers need to reappraise this changed landscape and consider the opportunities for OEM/ODM manufacturers in this marketplace.
Economists' Pick 10 March 2017
20.
Merger between Suppliers of Toddler Electronic Learning Toys and Child Laptops/Tablets Approved
In January 2017, the Competition and Markets Authority, which is the UK competition authority, announced that it has approved the merger between toy company VTech Holdings Limited and rival toy supplier LeapFrog Enterprises Inc. after an in-depth investigation. On its website, VTech is described as the creator of the Electronic Learning Products (ELP) category.
Economists' Pick 10 March 2017
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