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.
GENERATIVE AI OFFERS CAN SECTOR SIGNIFICANT PRODUCTIVITY IMPROVEMENTS, BUT CARE IS NEEDED IN ROLL-OUT
The benefits of integrating artificial intelligence (AI) within the canned products industry are well accepted, from the deployment of robotic arms to move products on and off canning lines and pack cases, to AI solutions designed for predictive maintenance in canning factories.…
TECHNICAL ROUND UP – IFAC CALLS ON EU TO BETTER DOVETAIL ESRS WITH ISSB
The International Federation of Accountants (IFAC) has called on the European Union (EU) to work with the International Sustainability Standards Board (ISSB) to better align new mandatory EU sustainability reporting standards with the ISSB model. IFAC wants ISSB standards to be a “comprehensive global baseline of sustainability disclosures”.…
EU AND UK BEV MARKET AND INDUSTRY FUELLED BY SUBSIDIES – JUST LIKE IN THE USA
The US Inflation Reduction Act (IRA) is pushing the European Union (EU) and the UK into paying more subsidies to attract battery electric vehicle (BEV) and battery production to Europe.
While the UK’s Advanced Propulsion Center (APC) forecasts 5 million more BEVs globally by 2030, requiring 3,306 gigawatt hours (GWh) in batteries, (1), the US and China may benefit more in production terms.…
INTERNATIONAL STUDENTS PUSH DELIVERY OF UN SUSTAINABLE DEVELOPMENT GOALS
Higher education students worldwide have been pushing solutions to target the UN Sustainable Development Goals (SDG), a Higher Education Sustainability Initiative (HESI) global forum https://sdgs.un.org/HESI in New York heard yesterday (July 17).
Veronica Dzeagu, chief technical officer, All-Africa Students Union (https://aasuonline.org/…
ASIA PACIFIC PAINT AND COATING MARKET PROJECTS GROWTH, PAINT BRAND SWITCHING ROLES TO SOLUTION PROVIDER
The bounce back from Covid-19 lockdowns to the key south-east Asian economies of Malaysia and Singapore have seen robust growth in both countries, boosting paint and coatings sales, although the Malaysian market has some fragility this year.
Economic growth in both ASEAN (Association of Southeast Asian Nations) members have been robust with data from the World Bank showing Malaysia’s GDP expanding from USD337.34 billion in 2020 to USD406.31 in 2022 (1) – its population being 33.5 million people.…
THAILAND PAINT SECTOR FACES EXPORT DECLINE BUT INDUSTRY STEADY AS ECONOMY GAINS TRACTION
The Thailand paint and coatings sector is expanding faster than general economic growth in Thailand, expanding sales as the country transitions from military-dominated to democratic rule.
This southeast Asian powerhouse economy is projected to grow GDP by 3.9% in 2023, up from 2.6% last year due to stronger-than-expected export demand from China, Europe, and the United States, according to the World Bank (1).…
SOUTH ASIA IS DEVELOPING BANANA FIBRE PRODUCTION FOR TEXTILES AND LEATHER
SOUTH Asian clothing, textile and footwear manufacturers are innovating to utilise a common natural input, plentiful in their local sub-tropical and tropical climates – banana fibre. Growth is particularly marked in Bangladesh. Textile factories have started developing the fibre, blending them with cotton to make apparel, sending samples and receiving enquiries from European customers.…
INTERNATIONAL REGULATORY ROUND UP – ASPARTAME IS POSSIBLE CARCINOGEN, SAYS WHO
Major non-sugar sweetener aspartame has been classified as “possibly carcinogenic to humans” by the International Agency for Research on Cancer (IARC), the World Health Organisation (WHO) and the UN Food and Agriculture Organisation (FAO) joint expert committee on food additives (JECFA).…
FRAUD AND MONEY LAUNDERING TRENDS POSE DIVERSE THREATS TO MAJOR COMPANIES, ACFE CONFERENCE TOLD
Increasingly sophisticated fraud and money laundering are growing concerns in the commercial crime world, with the need to innovate to tackle diverse threats being underlined at the Association of Certified Fraud Examiners (ACFE) global conference. Keith Nuthall and Andreia Nogueira report
Speaking at the June 12-15 conference’s keynote session, ACFE CEO Bruce Dorris said commercial crime specialists needed to continue honing their skills as risks develop: “We must rise; we must inspire; we must innovate.…
THAILAND PAINT SECTOR FACES EXPORT DECLINE BUT INDUSTRY STEADY AS ECONOMY GAINS TRACTION
This southeast Asian powerhouse economy is projected to grow GDP by 3.9% in 2023, up from 2.6% last year due to stronger-than-expected export demand from China, Europe, and the United States, according to the World Bank (1).
Thailand’s ministry of commerce has maintained a targeted year-on-year growth for exports this year of 1%-2%, after a 5.5% gain in 2022 (2).…