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The revision of the Malaysia’s Biosafety Act 2007 and Biosecurity Regulations are on-going, with no anticipated timeframe for publication. In addition, the Department of Biosafety Malaysia conducted a public consultation on Low-Level Presence (LLP)...
The Malaysian Government looks towards 2025 and B30 implementation. Interest in sustainable aviation fuel (SAF) is gaining traction and a few projects by the national oil company, Petronas and the state government of Sarawak are in the works.
The United Kingdom's Border Target Operating Model, its post-Brexit system of import controls on animals, animal products, plants, and plant products, is set to come into effect on exports from the EU on January 31, 2024, and from the rest of the...
The Genetic Technology (Precision Breeding) Act received Royal Assent on March 23, 2023, confirming it as an act of Parliament. The Act is the first phase of amending the United Kingdom’s (UK) regulatory framework for genetically engineered (GE)...
Following the end of the pandemic, the hospitality sector in the United Kingdom (UK) continues to face several challenges including a cost-of-living crisis and soaring inflation rates.
Domestic tourism and consumer spending have helped drive the post-pandemic recovery in Malaysia’s hotel, restaurant, and institutional (HRI) industry.
United Kingdom: Changes to UK Alcohol Tax Rates May Challenge US Exports of Some Alcoholic Beverages
Changes to UK alcohol tax rates were implemented on August 1, 2023. The UK government calls this an alcohol duty, but it is an excise tax charged at the point of production or importation of drinks of alcoholic strength exceeding 1.2 percent alcohol by volume (ABV) – the percentage of pure alcohol per liter of product.
The United Kingdom (UK) and member states of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) signed the agreement to join the CPTPP in July 2023.
Malaysia was the 26th-largest export destination for U.S. agricultural products in 2022, totaling nearly $1.1 billion in value, and is a top prospect for exports of food and beverage ingredients because of its large and growing food processing industry.
Following the UK’s departure from the European Union, U.S. export health certificates are now required to either follow the Great Britain model health certificates (for destinations within England, Scotland, or Wales) or the European Union model health certificates if shipping to Northern Ireland.
The cost-of-living crisis dominates this report, highlighting the increased price of food faced by consumers in the UK.
Malaysia’s retail sales are projected to grow to US$1.8 billion in 2023. The Malaysian food and beverage retail market is a competitive landscape and is highly fragmented.