Search Results for: Sint Maarten
10 results out of 40 results found for 'Sint Maarten'.
EU PLASTICS RESTRICTIONS PRESENT OPPORTUNITIES AND THREATS FOR METAL PACKAGING INDUSTRY
On July 3, 2021, the European Union’s (EU) groundbreaking, detailed and wide-ranging directive intended to reduce plastic litter came into force: the directive on single use plastics (SUP) (1) – as it affects a key competitor, the metal packaging sector has been keeping a close eye on the fallout.…
EUROPEAN CAN INDUSTRY CONFIDENT IT WILL MEET EU CLIMATE LAW GOALS
EUROPEAN can manufacturers say that the European Union (EU) climate law’s target to cut carbon emissions at least 55% by 2030 compared to 1990 levels, compared to “between 50% and 55%” in the original proposal (1) and just 32.5% by 2030 in the 2018 law (2) will be a challenge, but one they are on track to meet.…
CASH STILL KING FOR MONEY LAUNDERING, DESPITE IN CRYPTO AND ECOMMERCE FIAT TRANSACTIONS
Anti-money laundering specialists may be focusing on how crypto-currencies and online transactions pose an increasing ML/TF risk, especially with Covid-19 encouraging ecommerce, but the reality is that cash remains the money launderers’ best instrument for moving dirty money.
That is the conclusion of Gabriel Hidalgo, a managing director at risk specialists K2 Integrity, in New York: “Cash is king for ML; it continues to be king; and on the majority of levels, illicit actors will continue to use cash,” he said.…
BREXIT TO SPELL COSTS AND DELAY FOR CAN MANUFACTURERS, SAY EXPERTS
THE UNITED Kingdom’s definitive exit from the European Union (EU) on December 31, 2020, after an 11-month transition period, will severely disrupt the UK and European can manufacturing industry, experts have told CanTech International. That said, industry figures acknowledge however that, by avoiding blanket tariffs and a ‘no-deal’ Brexit, the UK/EU Trade & Cooperation Agreement (TCA) (1) signed on Christmas Eve did head off economic disaster. …
ALUMINIUM CAN DEMAND SOARS DURING COVID-19, LEAVING CAN MAKERS EXPANDING CAPACITY TO DELIVER SUPPLY
UNPRECEDENTED demand for aluminium cans caused by consumers drinking at home during lockdowns and associated restaurant and café closures due to the Covid-19 pandemic, will not cause long term disruption to this key canning market, say industry experts. Instead, manufacturers will work closely with customers to maintain supplies, European and United States (US) industry organisations have told CanTech International.…
CAN MANUFACTURERS WORK AT FULL SPEED DURING THE PANDEMIC, BUT RECYCLING AND DELIVERY ARE AT RISK
European aluminium cansheet and foilsheet rolling factories say they are trying hard to adapt to production under strict Covid-19 controls imposed by their national governments to satisfy the growing need for foodstuffs across Europe that are safe and have a long shelf life.…
EIB TO FUND RECONSTRUCTION OF SINT MAARTEN AIRPORT
THE EUROPEAN Investment Bank (EIB) has released plans to lend USD 50 million to finance the rehabilitation of Princess Juliana International Airport. in Sint Maarten, which was badly damaged by hurricanes Irma and Maria, in September 2017. The loan to the airport’s operating company would finance the internal reconstruction of the passenger terminal, including dry walls, furniture, counters, electrical systems, IT, the baggage system, and security installations.…
DUTCH CARIBBEAN UNDER SPOTLIGHT OVER MONEY LAUNDERING CONTROL WEAKNESSES
THE DUTCH Caribbean continues to have a weak reputation for fighting money laundering, and to a lesser extent terror financing, with the US 2017 International Narcotics Control Strategy Report (INCSR) highlighting weaknesses in its three autonomous jurisdictions. See https://www.state.gov/documents/organization/268024.pdf
Aruba, Curaçao and Sint Maarten are ‘countries’ within the Kingdom of the Netherlands, with their own prime ministers, while less populous islands Bonaire, St Eustatius (Statia) and Saba are municipalities, with fewer powers vested in their island councils, and the Dutch government being responsible for enforcing international anti-money laundering and combating the financing of terrorism (AML/CFT) norms.…
NOODLE CONSUMPTION TO GROW FAST IN INDIA OVER NEXT FIVE YEARS
The future holds bright promise for India’s instant noodles segment as it will grow at an average annual rate of about 7% until 2023, predicted consultancy firm Technopak.
This market is so big that all noodle companies can co-exist, Suman Dabas, Technopak’s associate director food and agriculture, told just-food.…
INSTANT NOODLES HAVE BECOME AN ESTABLISHED PART OF INDIAN FOOD CULTURE – AND SALES ARE GROWING
INSTANT noodles have become one of the most popular ready-to-cook meals in India with marketing campaigns highlighting their cooking convenience and popularity with children.
With annual sales of USD640 million in 2017, this Indian food segment is growing at 13.4% annually, according to data from London-based market analysis company Euromonitor International.…