Tag: Ban

Retail Asia24/07/2023
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10min0
Vietnam’s rice exporters could raise prices and sign long-term contracts with buyers now that India, the world’s largest supplier, has ordered an export halt. Indian government on July 20 announced a ban on non-basmati white rice as retail rice prices climbed 3% in a month after heavy monsoon rains caused significant damage to crops. India […]

Retail Asia29/09/2021
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2min0
China is ramping up its cryptocurrency prohibition efforts again with a directive issued by ten institutions last Friday covering a range of activities including offshore transactions and hiring. All crypto transactions in China are banned, according to authorities in a statement that highlighted examples such as Tether, Bitcoin and Ether. Banned crypto-related activities extend to […]

Retail Asia20/08/2021
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2min0
The city-state will reopen its borders to fully vaccinated travelers from certain countries and is removing stay-home requirements for short-term visitors from several countries. Fully vaccinated travelers from Germany and Brunei will be able to come to Singapore without serving a stay-home notice, under a new Vaccinated Travel Lane arrangement announced on Thursday. At the […]

Retail Asia14/05/2021
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2min0
Xiaomi and the U.S. government have come to an agreement to remove the Chinese smartphone giant from a blacklist of military-linked companies. The U.S. Defense Department agreed in a final order to remove the «Communist Chinese Military Company» designation for Xiaomi, according to a court filing. The Parties have agreed upon a path forward that would resolve this litigation without […]

Retail Asia21/04/2021
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3min0
Despite the growing embrace of cryptocurrencies among institutions and retail investors, HSBC is sticking to its policy of avoiding virtual currencies and stocks correlated to them. Europe’s largest bank in Europe, with total assets of $2.715 trillion, is likely to avoid Coinbase’s newly listed COIN stock because of lingering worries about crypto’s role in money laundering […]

Retail Asia17/03/2021
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2min0
Smartphone giant Xiaomi has been awarded a temporary block for its ban over links with the Chinese military, citing the original move as «arbitrary and capricious». U.S. District Judge Rudolph Contreras issued a temporary halt to the ban, claiming that Xiaomi was deprived of the rights for due process and that Xiaomi was likely to win a […]

Retail Asia03/02/2021
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2min0
Indian authorities plan to propose a new law to ban private cryptocurrencies and implement a framework for an official central bank digital currency. India will seek «to prohibit all private cryptocurrencies in India», according to a legislative agenda published by the lower house’s website on Friday last wee, with exceptions for certain purposes such as […]

Retail Asia01/08/2019
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1min0
Luxury Italian fashion brand Prada has launched six bags made from regenerated nylon, as the first stage in a plan to phase out virgin nylon during the next two years. In a project dubbed ReNylon, Prada will replace virgin nylon in its collections by using regenerated nylon yarn called Econyl. The first products made with […]

Retail Asia18/06/2019
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2min0
Vietnam has removed a proposed decree to prohibit online liquor sales, accepting that it goes against international trends. The bill, proposed by the Ministry of Health last year, would have prohibited online sales of beverages with an alcohol content of more than 15 percent. But legislators got into a heated debate over this regulation, with […]

Retail Asia11/06/2019
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3min0
Huawei’s consumer business has been dealt a potentially devastating blow to its future prospects after US president Donald Trump formally added the vendor to a list of companies that American companies cannot trade with if they don’t obtain a license. Huawei was added to the entity list of banned companies covered by the national emergency Trump […]

Retail Asia06/06/2019
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2min0
US president Donald Trump has signed an executive order paving the way for banning Chinese vendors including Huawei from supplying equipment for US telecommunications networks. The executive order declares a national emergency to give Trump the authority to regulate commerce and directs the Commerce Department to draw up an enforcement plan within 150 days. It […]

Retail Asia13/05/2019
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2min0
The UK government has reportedly approved Huawei supplying some 5G equipment for operators in the nation despite warnings from intelligence agencies and the US government of a potential security risk. Leaked discussions believed to have been held at the UK government’s National Security Council meeting from Tuesday indicate that Huawei will be able to supply […]

Retail Asia09/04/2019
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2min0
Vietnam will not import plastic scrap from 2025 and will deal with the scrap consignments stuck at ports, the government has said. It has ordered the Ministry of Natural Resources and Environment to work with other government bodies to eliminate unnecessary procedures which are delaying their delivery. Customs data shows almost 21,600 containers of scrap […]

Retail Asia06/03/2019
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3min0
Some countries and terriories are banning pork imports from Vietnam following the recent outbreaks of African swine fever in the country. Violators of the ban face fines and even imprisonment. Taiwan has announced that Vietnamese people coming in with pork products would be fined about $6,500, according to Vietnam’s Ministry of Foreign Affairs. The fine […]


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