Monday 28 May 2018

Survey on Retirement Fund Adequacy in UK and Singapore

1. Two in five British workers aged 46 to 55 do not know how much they have saved for retirement, despite closing in on the age they can access their pensions for the first time.

2. Finding from a new study by insurance firm Aviva, which found that this age group is the most likely to not know how much they have saved in pensions.

Monday 21 May 2018

Low Rates Of Business Claimants Winning Insurance Claims Dispute

1. A study of every court case related to primary business insurance disagreements between 2013 and 2018 shows that a whopping 68% went in the insurer’s favour.

2. It was also found that it takes an average of three years for commercial insurance disputes to be resolved, with settlements typically just three-fifths of the original amount claimed.

3. Nearly half of large claims are disputed, according to the research by governance experts Mactavish. 

4. Transport, manufacturing and construction the sectors most commonly affected.

Monday 14 May 2018

Thailand FDI Tax Incentives

1. Thailand’s Board of Investment (BOI) offers a range of tax and non-tax incentives to foreign companies making investments that are deemed highly beneficial to the Thai economy.

2. The BOI announced a new seven-year investment promotion strategy (2015-2021) that offers special privileges to foreign investors.

3. Under the strategy, tax-based incentives are granted according to the group classification (A or B) for the activities and the merit of the project.

Monday 7 May 2018

Views and Forecasts for Oleochemicals industry in Brazil and Mexico

1. Oleochemicals are obtained from bio-based resources, such as animal fats and plant oils, to provide sustainable and high-performance alternatives to petrochemical-originated products. 

2. They are used for production of solvents, lubricants, biodiesel, and bioplastics. As the price of crude oil increases, manufacturers prefer to switch from petrochemicals to oleochemicals, as they are plant-based sources and serve as an economical source. 

3. Oleochemicals are widely preferred in several applications, such as pharmaceutical, food & beverage, soap & detergent, and others, owing to the fact that they are biodegradable, environmental-friendly, and possess low toxicity.

4. Increase in demand for bio-degradable products and sustainable solutions and implementation of government regulations towards the use of environmentally-friendly products boost the demand for oleochemicals.

5. Several new applications of oleochemicals, such as biopolymers, biosurfactants, and biolubricants, which have emerged as substitutes for petroleum-based products, are expected to offer lucrative growth opportunities for the Brazil and Mexico oleochemicals market.