Archive
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.
BOOMING POLAND STILL FACING THE LEGAL MUSIC FROM EU OVER 4AMLD IMPLEMENTATION DELAYS
POLAND maybe eastern Europe’s most reliable economy – with uninterrupted growth since 1992 – but the European Commission has accused it of being a laggard in implementing European Union (EU) anti-money laundering and combating the financing of terrorism legislation (AML/CFT).…
USA LAUNCHES MAJOR HYDROGEN FUNDING PROJECT WITH AIM OF REDUCING PRODUCTION COSTS
THE UNITED States government has started funding projects designed to create a commercial-scale hydrogen energy sector, with the federal department of energy announcing USD40 million in spending designed to lower production costs. These 29 grants will be made during the 2019/20 financial year, promoting affordable and reliable large-scale hydrogen generation, transport, storage, and utilisation across multiple sectors.…
TANZANIA PUTS MINING FIRMS ON NOTICE OVER ROYALTIES
TANZANIAN authorities have put mining firms that continue to defy sections of the country’s mining laws on notice.
Simon Msanjila, permanent secretary in the nation’s Ministry of Minerals told Metal Bulletin that all mining companies that fail to pay royalties and adhere to the mining code risk having permits to transport their products cancelled. …
FIFTH ANTI-MONEY LAUNDERING DIRECTIVE AIMS TO PLUG CRITICAL CRYPTO REGULATORY GAPS
THE EUROPEAN Union’s (EU) fourth anti-money laundering directive had not even been implemented before Panama Papers revelations on massive tax evasion highlighted critical gaps in the bloc’s regulatory framework, especially regarding cryptocurrencies and prepaid cards. The result was directive (EU) 2018/843 of May 30, 2018 commonly known as the fifth anti-money laundering directive.…
ALUMINIUM AND STEEL INDUSTRY WELCOME PROPOSED NEW ENFORCEMENT OFFICER TO STRENGTHEN TRADE AGREEMENTS
THE APPOINTMENT of a Chief Trade Enforcement Officer should ease trade problems in the steel and aluminium sector and help tackle Chinese excess capacity, industry experts have told a meeting of the European Parliament Committee on International Trade (INTA) on September 25 in Brussels.…
COPPER PRODUCTION BOUNCES BACK IN BOTSWANA
Botswana looks set to boost southern African copper supplies with Khoemacau Copper Mining Pty. (Ltd), a subsidiary of a US-based company, Cupric Canyon Capital, planning to open a mine in the country’s Kalahari copper belt.
The planned mine has an initial annual production of 62,000 tonnes of copper (and 1.9 million ounces of silver), with managers hoping to increase yearly production to over 100,000 tonnes of copper and three million ounces of silver.…
INTERNATIONAL REGULATORY ROUND UP – EU-MERCOSUR TRADE DEAL SHOULD PROMOTE KNITWEAR SALES
THE TRADE in knitwear between the European Union (EU) and the Mercosur bloc of Brazil, Argentina, Uruguay and Paraguay is likely to intensify under a new trade deal between the two regional groupings.
The agreement, which now needs ratification, will phase out all EU duties charged on industrial goods (including knitted clothing and inputs) over 10 years.…
AI AND MACHINE LEARNING HELP KNITWEAR MANUFACTURERS AND BRANDS GET AHEAD OF MARKET TRENDS
Predicting fashion trends in advance to match supply chain requirements has long been a challenge for the knitwear industry and it is now developing Artificial Intelligence (AI) and machine technology that learns from social media images to get ahead of the market.…
PROSPECTS FOR LABOUR CODE CHANGES FEARED BY VIETNAM’S GARMENT SECTOR STILL SHROUDED IN UNCERTAINTY
VIETNAM’S garment-makers have been worrying that a draft revised Labour Code will reduce their competitiveness, but four months after the draft was published there remains a strong chance it will never be enshrined in law.
The draft, which was officially submitted to the National Assembly in May 2019 for an envisioned passage in November, outlines a reduction of working hours from 48 hours per week to 44 hours which, according to the Vietnam Textile and Apparel Association, would reduce the industry’s export value by at least USD3 billion per year, as businesses would struggle to recruit workers.…
PERU’S CLOTHING MAKERS BET ON ALPACA FOR EXPORT GROWTH
Peruvian clothing manufacturers are betting on a local fibre with international renown to grow exports: alpaca. “Instead of exporting the raw materials, we want to export more value-added products,” Raúl Rivera, marketing manager of Michell & Cia, an Arequipa, Peru-based maker of alpaca fibre, yarns and garments, told just-style. …