Search Results for: Colombia
10 results out of 249 results found for 'Colombia'.
ECUADOR VENTS FURY ON FATF CRITIQUE, THEN QUIETLY DOES ITS BIDDING
BY PACIFICA GODDARD
FOR those doubters who claim the world’s senior anti-money laundering/combating the financing of terrorism (AML/CFT) organisation the Financial Action Task Force (FATF) does not have much clout, a look at the case of Ecuador makes instructive reading. Last February, the Paris-basedFATF issued a stinging criticism of this South American country, with a public statement officially listing Ecuador as a country with serious AML/CFT deficiencies, along with such dubious fellow travellers as Angola, Ethiopia and North Korea.…
LOCAL SPIRITS CAN OFFER IMPORTERS A COLOURFUL ARRAY OF NICHE OPTIONS
BY PACIFICA GODDARD, KARRYN MILLER, GARRY PIERRE-PIERRE, KEITH NUTHALL
FOR niche spirits, obscure can be good – and so products made in countries not renowned for their spirits production can gather export market cache. Latin America and the Caribbean are regions where effort by buyers can pay dividends.…
GLOBAL - NICHE SPIRITS HIT BY THE RECESSION, BUT THE LONG-TERM OUTLOOK IS ROSY
BY ALAN OSBORN
DEFINING a niche drink is an arbitrary matter and what may pass as niche today may well be considered mainstream tomorrow. Flavoured vodka, for instance, had a relatively specialised following in Europe until a few years ago – now it is classified as an official spirit drink under European Union (EU) regulations.…
SURGING COLOMBIAN GOLD TRADE IS GIFT TO NARCO-MONEY LAUNDERERS AND TERRORIST FINANCIERS
BY NADJA DROST
THE SURGING price of gold has unleashed a gold rush in Colombia, and international criminal networks are using the burgeoning trade in the precious metal to clean the proceeds of crime. In a country with as intimate a connection with the illicit drugs trade and terrorism as Colombia, the risks posed to anti-money laundering authorities are significant.…
IFC TO FUND COLOMBIAN DAIRY PRODUCER
BY EMMA JACKSON
THE INTERNATIONAL Finance Corporation (IFC) has promised US dollar USD20 million in financing to Alquería, a leading dairy producer in Colombia, to help it expand into Colombia’s low-income and remote consumer markets.
The IFC has offered USD15 million as a senior loan as well as USD5 million in equity to modernise the dairy producer’s facilities, improve efficiency and develop new affordable, highly nutritious children’s dairy products.…
CANADA'S FLAVOURED TOBACCO BAN DRAWS GLOBAL CRITICISM
BY KEITH NUTHALL and ALYSHAH HASHAM
CANADA – long a difficult jurisdiction for the tobacco sector – became tougher still on July 5, when a national ban on manufacturing and selling most flavoured cigarettes, cigarillos and blunt wraps came into force.…
LATIN AMERICAN MALE COSMETICS MARKET IS BOOMING
BY PACIFICA GODDARD
LATIN American men like to think they are known for good looks, machismo and self-confidence. And these consumers are today turning to cosmetics to sustain and accentuate this image. The Latin American market for male grooming products and services is one of the most dynamic in the world.…
LATIN AMERICA'S BIODIVERSITY OFFERS COSMETICS COMPANIES RICH CHOICES OVER INGREDIENTS
BY PACIFICA GODDARD
THE ORGANIC cosmetics market has been booming over the last few years, generating substantial consumer interest in the US and Europe. As cosmetics companies scramble to offer the latest, most effective natural ingredients, many are turning to the biodiverse region of Latin America for inspiration.…
RECESSION IS OVER FOR JET FUEL MARKET
BY MARK ROWE
IS the recession’s worst over for the jet fuel aviation industry? Passenger traffic during this late spring and summer has risen sharply compared with flights year-on-year, giving hope to an industry that Giovanni Bisignani, director general of the International Air Transport Association (IATA), described last year as "structurally sick".…
PALM OIL HAS GREAT POTENTIAL AS BIOFUEL FEEDSTOCK - BUT ENVIRONMENTAL CHALLENGES ARE SIGNIFICANT
BY MARK ROWE
THE OIL palm is a prolific shrub that can be converted into palm oil, one of the most versatile fats known to man – rich in solid saturated fatty acids and able to withstand refining at high temperatures.…