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International News Services archives articles supplied to clients one year or more after initial publication. These articles are protected by a password and not made available to readers without permission from clients. They are used as a background resource by agency journalists. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.

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NORDIC BEAUTY MARKET HIT BY COVID-19, BUT FUNDAMENTAL STRENGTHS REMAIN

THE NORDIC region’s beauty market has, like every other country, been hit by the Covid-19 pandemic. However, the stability of societies in Norway, Sweden, Finland, Denmark and Iceland has meant that their retail sectors have avoided some of the chaos linked to the health emergency that that has harmed other markets.

All five countries are also developed economies, whose consumers have money to keep their personal care product traders afloat.

According to Finland-based Global Research & Data Services, sales of personal care products in Norway’s 5.3 million people market last year (2019) were worth USD700 million, based on UN data.…

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INDIAN CAPITAL EXPANDS INTERNATIONAL AIRPORT AS AIR TRAFFIC GROWS FAST

INDIRA Gandhi International airport (IGAI) in New Delhi, India have released an artist’s impression of upcoming domestic Terminal 1, now under construction, which will be ready by June 2022.

Situated at five-kilometre road distance from the main international Terminal 3, it will have 22 air bridges and 82 aircraft stands spread over 629,285 sqm with the building itself covering 192,985 sqm. This is part of a wider IGAI airport expansion project costing USD1.3 billion, which includes a new 4.4 km long fourth runway, 2.2 km long dual aircraft elevated taxiway and additional vehicular traffic lanes at arrival and departure forecourts.…

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INDIAN AML REFORMS MAY HELP SECURE A POSITIVE FATF MER ASSESSMENT, BUT WEAKNESSES WILL BE FOUND, SAY EXPERTS



As the Financial Action Task Force (FATF) prepares to review India’s compliance with its AML/CFT recommendations during 2021, government authorities in New Delhi are confident of a positive resulting mutual evaluation report (MER).

According to Pawan Singh Tomar, former Principal Commissioner of Income Tax at India’s Income Tax Department, government official claims are not based on hubris.…

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BANGLADESH GARMENT MAKERS LOOKING EAST AS RELATIONS WITH WEST SOUR



BANGLADESH’S apparel exporters are contemplating diversifying their past tight focus on western markets to include buyers serving southeast Asia as they emerge from the Covid-19 crisis. The move has been prompted by frosty relations with international retailers in Europe and the USA who scrapped or suspended shipments worth USD3 billion following the outbreak of the global coronavirus pandemic.  …

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AIRBUS SUBSIDIARY, GPT, AND THREE FORMER EXECUTIVES FINALLY CHARGED OVER SAUDI DEFENCE BRIBES



The UK Serious Fraud Office (SFO) July 30 charged Airbus subsidiary, GPT Special Project Management Ltd, former managing director Jeffrey Cook, an alleged accomplice Terence Dorothy and GPT ex-financial officer John Mason, over corruption linked to Saudi defence contracts. The charges come some eight years after the SFO opened its investigation into Riyadh-based GPT in August 2012 for paying GBP14 million (USD18.37 million) in bribes to secure a GBP2 billion (USD2.62 billion) contract for high-level intranet and communications work for the Saudi National Guard.…

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ONLINE TECH AIDS CANADIAN AUTO DEALING DURING COVID-19 CRISIS



CANADIAN auto dealers and marques have been developing remote technologies enabling remote vehicle sales when Covid-19 social distancing restrictions impedes the physical operation of dealerships.

Even with these rules relaxing – with much of Ontario entering a ‘stage 3’ reopening from July 17, and dealerships fully open – physical distancing will still be required on premises.…

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SOMALILAND EXPANDS TERTIARY EDUCATION SECTOR, BUT LACK OF INTERNATIONAL RECOGNITION OF SELF-DECLARED STATE IMPEDES PROGRESS



Somaliland’s higher education capacity may have been growing, but a lack of financial and human resources and the continued lack of international recognition of its country’s self-declared independent status continue to impede progress, say local education leaders.

Ahmed Musa, director-general at the ministry of higher education of the Republic of Somaliland, said infrastructure weaknesses and a shortage of qualified teaching and non-teaching staff were to blame.…

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SOMALI REPORT SAYS COVID-19 INSPIRED ONLINE TEACHING CAN HELP DEVELOP UNIVERSITIES, BUT POORER STUDENTS NEED HELP ACCESSING CLASSES



The halting of physical access to universities in Somalia by the Covid-19 pandemic is widening social-economic inequalities in Somalia, a country slowly emerging from a long civil war, a new study has argued. While some universities have worked hard to continue teaching and researching through online services, these are only available to students with sufficient finances to access them.…

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NEW INTERNATIONAL GUIDANCE ON VEHICLE CYBER-SECURITY TARGETS GROWING HACKING RISKS FOR HI-TECH AUTOS



EUROPEAN, Japanese and South Korean automotive manufacturers are about to follow new international guidance ensuring increasingly-networked vehicles are protected from hacking by cyber-criminals.

This follows the release of two new UN regulations, adopted June 24 by the UN Economic Commission for Europe’s (UNECE) World Forum for Harmonization of Vehicle Regulations.…

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PRICE VARIATIONS IN TOBACCO TRADES COULD MASK DIRTY MONEY FLOWS, COMMERCIAL DATABASE WARNS



THE INTERNATIONAL trade in tobacco products and inputs contains significant variations in prices that might indicate the presence of trade-based money laundering – of TBML – a specialist database indicates. Certain trade flows are exploited by money launderers seeking to move criminal proceeds from one country to another through artificial pricing – deliberate over- and under- invoicing.…

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