Tag: asia-pacific

  • TFWA registration opens

    TFWA registration opens

    Online registration for the TFWA Asia Pacific Exhibition & Conference is now open.

    The event is scheduled to be held at the Marina Bay Sands Expo & Convention Centre in Singapore on May 12-16.

    “Asia remains the largest duty free and travel retail region and is continuing to expand at a rapid pace,” said TFWA president Alain Maingreaud. “The latest Generation Research figures show preliminary duty free and travel retail sales in Asia Pacific standing at US$8.9bn for Q1 2018, up 11.5 percent year-on-year.”

    According to a TFWA press note, last year the exhibition and conference broke the attendance record for this event when it attracted 3,194 delegates from across the duty-free and travel-retail industry, three percent more than 2017’s attendance of 3,087.

    Among the themes to be explored during the day-long plenary conference will be travel retail’s omnichannel future, the role technology can play in helping improve conversion rates, sustainability in travel retail, and the future for brands in a hyper-regulated world.

    Delegates will have the opportunity to relax and network at a number of social events taking place around the exhibition and conference, including at the Chill-Out Party, which is being sponsored by Lacoste and the Korea Ginseng Corporation at the Mandarin Oriental Hotel on May 14.

    The press note said the exhibition and conference would be supported once again by the Singapore Tourism Board, and by Changi Airport Group as Diamond Sponsor of this year’s Conference.

  • JT on sustainability index

    JT on sustainability index

    Japan Tobacco Inc. has been selected for the fourth consecutive year by the Dow Jones Sustainability Indices Asia/Pacific (DJSI Asia/Pacific), the worldwide index for socially responsible investment (SRI).

    ‘The DJSI is a collaborative initiative by S&P Dow Jones Indices of the United States and RobecoSAM of Switzerland,’ JT said in a note posted on its website.

    ‘It assesses the sustainability performance of companies, based on economic, environmental and social criteria.

    ‘From among approximately 600 major companies in the Asia-Pacific region, including Japan, 152 companies (72 Japanese companies) were named to the DJSI Asia/Pacific this year.

    ‘In accordance with the management principles of the JT Group, we strive to fulfill our responsibilities to our valued consumers, shareholders, employees and the wider society, carefully considering the respective interests of these four key stakeholder groups, and exceeding their expectations wherever we can.

    ‘With this in mind, we carry out various initiatives in countries where we operate, and will continue to contribute to the societies’ sustainability through the businesses.’

  • Parkside celebrates three years in Malaysia

    Parkside Flexibles is celebrating the three-year anniversary of its manufacturing facility in Kuala Lumpur, Malaysia.

    The plant—the company’s first outside of the United Kingdom—was opened in March 2010 by the Malaysian deputy minister of international trade and industry, Dato Mukriz Matathir.

    The facility has enabled Parkside to shorten lead times and improve service levels for customers in the Asia-Pacific region.

    Already, Parkside is looking to replicate its Malaysian model elsewhere. “Our success in Malaysia has given us the perfect blue print to open new facilities worldwide,” says Development Director Chris Kozlik.

    Further investment is being considered for the Kuala Lumpur plant later this year.