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Auction House Records Stellar Year
Led by sales in Hong Kong, auction house Sotheby’s has wrapped up its best year in Asia.
Economists' Pick 21 Jan 2019
Vietnam: An Emerging Market for Hong Kong Lifestyle Products
Thanks to rising incomes and growing consumer sophistication, Vietnam is becoming a lucrative market for lifestyle products. Eco-friendly products, packaged food, fashion and accessories are some of the highly sought-after products for Vietnamese buyers. Given the fast-growing e-commerce trend in Vietnam, Hong Kong companies looking to explore the Vietnamese market should make use of B2B or B2C platforms.
Economists' Pick 21 Jan 2019
Toy Buyers Bullish on Prospects
The high attendance at the first four Hong Kong Trade Development Council (HKTDC) fairs of 2019 shows buyers worldwide remain bullish on business prospects, despite concerns over the trade dispute between Mainland China and the United States.
Economists' Pick 18 Jan 2019
STREAM toys and Smart products: HKTDC Toys & Games Fair 2019 Multimedia
Presenting STREAM Toys, smart products and unique stationery, the HKTDC Hong Kong Toys & Games Fair, the HKTDC Hong Kong Baby Products Fair and the Hong Kong International Stationery Fair were held from 7-10 January 2019 at the Hong Kong Convention and Exhibition Centre. The fairs featured close to 3,000 global exhibitors, showcasing an assortment of new products, with those incorporating smart technologies in high demand.
Multimedia 18 Jan 2019
Faster, Smarter E-tailing Along the Belt and Road Multimedia
Belt and Road infrastructure developments will enable faster delivery of goods to Southeast Asia, says the Vice President of Business Development at iPrice Group. The company provides an easy gateway for customers to browse product offerings from a wide range of retailers. Speaking against the backdrop of the 2018 Asian E-tailing Summit, Rishabh Shukla assesses the Initiative’s tangible and intangible repercussions on regional e-commerce activities.
Multimedia 18 Jan 2019
Made in China Moves to Indonesia
As wages in Mainland China have risen, many Hong Kong enterprises with manufacturing facilities there have tried to cut operating costs – one option is to take production lines offshore.
Economists' Pick 16 Jan 2019
Yoghurt Pioneer Defies Odds
Start-ups work from the ground up and even if they have sound investor backing, they are bound to suffer hard times before tasting success.
Economists' Pick 15 Jan 2019
European Commission Publishes ‘Roadmap’ on Standard Chargers for Mobile Phones in the EU
The European Commission has opened up its ‘roadmap’ – i.e., Inception Impact Assessment (“IIA”) - for the ‘Common chargers for mobile telephones and other compatible devices’ initiative, and has asked for feedback to be provided by the deadline of 31 January 2019.
Economists' Pick 10 Jan 2019
Brazil Suspends Implementation of New Technical Requirements for Toys
Brazil’s National Institute of Technology, Normalisation and Industrial Quality (INMETRO) has suspended the entry into force of the new mandatory technical and conformity assessment requirements for toys of Directive 563/2016, which were originally issued on 30 December 2016.
Economists' Pick 10 Jan 2019
Online Gaming and Postponed Demand Reboots Russia's PC Market
Going very much against the global trend, sales of laptops and desktop PCs were both up in Russia last year, with growing consumer confidence finally putting long-delayed system upgrades and replacements back on the spending agenda.
Economists' Pick 9 Jan 2019
Russian Christmas Shoppers Turn Practical
While, on the surface, it would seem that Christmas spending has plateaued in Russia – with the 2018 per-consumer spend of US$225 almost identical to that of 2017 – the figures alone do not reflect the underlying change in buying patterns.
Economists' Pick 8 Jan 2019
California Lists Certain Paint/Varnish Strippers as Priority Product
The California Department of Toxic Substances Control has designated paint or varnish strippers containing methylene chloride as a priority product under the Safer Consumer Products regulations. The regulations define a priority product as a consumer product that contains one or more chemicals that have a hazard trait that can harm people or the environment.
Economists' Pick 8 Jan 2019
Argentina Suspends or Rescinds Technical Requirements for Various Products
Argentina’s Secretariat of Commerce has suspended for a 120-day period the application of the mandatory technical and metrological requirements for cold drinking water metres and compressed natural gas measurement systems for vehicular use.
Economists' Pick 4 Jan 2019
EU Opens New Quotas, Reduces Tariffs for Large Number of Products
Council Regulation 2018/2069 is the first of the two new Regulations. It amends Regulation 1387/2013 (a so-called Framework Regulation), which suspends the autonomous common customs tariff duties on certain agricultural and industrial products. Interestingly for Hong Kong traders, this new Regulation states that the EU production of 87 products that have not thus far been listed in the Annex to Regulation 1387/2013 is inadequate or non-existent.
Economists' Pick 4 Jan 2019
Jolly Christmas for Exporters
Cash registers jingled healthily for retailers in many of the countries importing goods from Hong Kong over the Christmas shopping period, with one big change from previous years – the bells were digital.
Economists' Pick 3 Jan 2019
Domestically-Manufactured Smart Speakers Set to Conquer Mainland
While Google Home and Amazon's Alexa failed to go sufficiently native to woo Chinese consumers, a new generation of locally-produced smart speakers are proving a pronounced success in many of the mainland's intelligent residences.
Economists' Pick 3 Jan 2019
New Regulation Will Restrict Phthalates in Consumer Goods EU-wide
Annex XVII of the REACH Regulation, into which the core provisions of Commission Regulation 2018/2005 will be inserted, prohibits or restricts the manufacture, placing on the market and use of certain dangerous substances, mixtures and articles.
Economists' Pick 3 Jan 2019
Argentina Approves New Standards for Steel Cables
Argentina has approved through Resolution 153/2018 new quality and safety standards for steel cables, which will require compliance with the provisions of standard ISO 2408.
Economists' Pick 3 Jan 2019
Argentina Begins Sunset and Changed Circumstances Review of AD Duty Order on Transformers
Argentina has initiated a sunset and changed circumstances review of the antidumping duty order on mainland Chinese liquid dielectric transformers having a power handling capacity higher than 10,000 kVA but not exceeding 600,000 kVA, classified under NCM 8504.23.00.
Economists' Pick 3 Jan 2019
Mexico Postpones New Standards for Solar Water Heaters
Mexico has postponed from 26 December 2018 to 1 December 2019 the entry into force of the new mandatory energy and safety standards that were established in August 2018 for solar water heaters under NOM-027-ENER/SCFI-2018.
Economists' Pick 2 Jan 2019
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