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Search Results for: Switzerland

10 results out of 773 results found for 'Switzerland'.

MALAYSIA’S NEW GOVERNMENT IS NEW BROOM ON BOOSTING AML ENFORCEMENT

Malaysia’s money laundering regulation and policies may be on par with international best practice, but their implementation has been tested of late, experts say. These concerns have been sharpened by the scandal related to Malaysia’s sovereign wealth fund 1 Malaysia Development Bhd or 1MDB, with Malaysia’s former Prime Minister Najib Razak accused of channelling more than Malaysian Ringgit MYR 2.67 billion (USD700 million) from the fund to personal bank accounts.…

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IRAN GIRDS ITSELF AGAINST RENEWED USA SANCTIONS, PLOTS EVASION

With the USA re-imposing sanctions on Iran, and international financial institutions wary of dealing with the country, Tehran is dusting off its pre-2015 sanctions-busting playbook. Old networks are being renewed, including with neighbouring countries and China, but there are more obstacles for the Iranian government to contend with this time around.…

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CHINA’S TRADE WAR WITH AMERICA COULD ACCELERATE CLOTHING AND TEXTILE MANUFACTURING GROWTH IN AFRICA

AFRICAN garment and textile manufacturers have a long way to go to increase capacity, develop the supply chain and diversify overall production away from North Africa, an industry conference staged in Cairo has been told. But while north Africa accounts for more than USD10 billion out the continent’s USD13.54 billion in clothing and textile exports (during 2016, according to international trade data), the much discussed potential of Africa as the world’s next sourcing hub is starting to materialise.…

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CHINA’S TRADE WAR WITH AMERICA COULD ACCELERATE CLOTHING AND TEXTILE MANUFACTURING GROWTH IN AFRICA

AFRICAN garment and textile manufacturers have a long way to go to increase capacity, develop the supply chain and diversify overall production away from North Africa, an industry conference staged in Cairo has been told. But while north Africa accounts for more than USD10 billion out the continent’s USD13.54 billion in clothing and textile exports (during 2016, according to international trade data), the much discussed potential of Africa as the world’s next sourcing hub is starting to materialise.…

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DIGITAL CLOTHING AND TEXTILE SECTOR TECHNOLOGIES EMERGE IN EGYPT AND SOUTH AFRICA – BUT WILL THE REST OF AFRICA FOLLOW SUIT?

DIGITAL production technologies could help African manufacturers pick up business lost by Chinese rivals because of the trade war in the USA, with brands looking to take advantage of the free trade agreements that many African countries have with the USA and Europe.…

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RETALIATORY DUTIES ON USA MEAT EXPORTS CHALLENGED AT WTO

THE WORLD Trade Organisation (WTO) Disputes Settlement Body (DSB) has agreed to establish disputes settlement panels to rule on whether retaliatory duties imposed by Canada, China, and Mexico on US meat exports, imposed in response to America’s controversial steel and aluminium tariffs, break WTO rules.…

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ENVIRONMENTAL CONCERNS AND PUBLIC INFRASTRUCTURE SPENDING BOOSTS GEOTEXTILE SALES

WITH environmental concerns increasingly important worldwide as a key plank of sustainable development, the role that effective geo-textiles can play in ensuring infrastructure performs effectively in the longer term is underpinning demand for these products.

In June 2017, Global Market Insights released a report on geotextile market size by material, application, region, price, market share and forecasts for 2017–2024, which stated that “positive application outlook in construction, agriculture, erosion control, and drainage should drive geotextile market size” globally.…

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JAPAN HEATED TOBACCO MARKET BOOMS AS TRADITIONAL CIGARETTE SALES DECLINE

Japan’s traditional tobacco market continues to contract, with fewer people smoking and more smokers expressing a desire to stop, but sales in the heated tobacco sector remain positive and are growing.

Less than 30% of Japanese adults now smoke, according to statistics released by the health, labour and welfare ministry in early September, the first time the figure has fallen beneath that threshold since statistics were first collated in 1986.…

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AFRICA’S CLOTHING SECTOR NEEDS TO BECOME MORE FLEXIBLE AND ADOPT MORE TECHNOLOGY, GLOBAL CONFERENCE HEARS

A FAILURE to embrace and adopt science and technology is hurting the clothing, textile and cotton industries of Africa, delegates attending an International Textile Manufacturers Federation (ITMF) three-day conference in Nairobi, Kenya, from September 7-9. The annual conference, staged this year in a sub-Saharan African country for the first time in the ITMF’s 114 years of existence, heard experts commenting that a reluctance by African companies to adopt new technology had not only slowed growth in the apparel and textile sector, but was also potentially pushing companies towards stagnation.…

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ONLY 11 MAJOR EXPORTING COUNTRIES PUNISH COMPANIES FOR GRAFT

A new report from Transparency International has found that only 11 major exporting countries in the world significantly punish companies that pay bribes abroad. The report, called ‘Exporting Corruption’, also found that more than half of world exports come from at least 33 jurisdictions, including several European Union (EU) member states, where companies that export corruption along with their goods and services face weak consequences. …

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