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THE RULING council of the International Cocoa Organisation (ICCO) is preparing to agree major reforms to the International Cocoa Agreement, which should see the agreement increase its commitment to boost sustainability in the chocolate sector.

Council members are considering final changes committing the ICCO to ensuring that cocoa production, processing and manufacture is socially, economically and environmentally sustainable.…

Japanese paint companies have felt the impact of the coronavirus pandemic on their bottom lines over the last 18 months, although their fortunes appear to have diverged in the first half of this calendar year. Firms that have a strong presence in China, where the economy has already bounced back strongly, are faring better than those that are primarily focused on domestic sales or export markets still struggling to shake off the lingering effects of the global health crisis.…

The leader of Bangladesh’s clothing and textile industry has promised to keep encouraging this important outsourcing hub towards more innovative circular and sustainable operations, as major brands promise to deliver 100% sustainable and eco-friendly products. “In order to maintain our competitive position in the market, we must radically shift to more sustainable consumption and production, upcycling and recycling of pre- and post-consumer wastes,” said Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Faruque Hasan.…

AFRICA’s clothing and textile sector has been hit hard by Covid-19, with an emerging production industry being hit by falls in demand and disruption in supply chains. India-based market researchers Mordor Intelligence concluded in a report assessing the African industry’s prospects for 2021-5 that “disruption of the Covid-19 pandemic on global value chains and its impact on African businesses is already evident.”…

INTRODUCTION

TEXTILES and clothing manufacture and sales are all about leveraging resources, from creative talent to quality materials and sophisticated technology. So, enterprise resource planning programmes (ERP) have been attractive for the past 20 years or more and have become an increasingly important tool of manufacturers and brands.…

The illegal wildlife trade is one of the world’s biggest money earners for criminals and is now coming under serious attention from the international anti-money laundering community.

Advocates for curbing the illegal wildlife trade (IWT) by ‘going after the money’ have been pushing for years for the trade to be included in anti-money laundering (AML) measures.…

Mauritius’ textile and clothing manufacturing sector is expected to witness year-on-year growth of around 18.5% this year (2021) after suffering a severe Covid-19-related contraction of 28.6% in 2020. The National Accounts Estimates released by Statistics Mauritius in June (1) predict robust growth for country’s textile and apparel industry, which accounts for almost 50% of the country’s overall manufacturing.…

In five years, the Europol-hosted website ‘No More Ransom’ (NMR) (1) “prevented criminals from earning almost a billion euros through ransomware attacks,” the European Union (EU) police agency claims. Launching a new more user-friendly home for its ‘Crypto Sheriff’ app on Monday (July 26), Europol said that through 121 free tools, able to decrypt 151 ransomware families of this malware, the NMR repository has helped more than six million people recover locked files for free.…

THE EUROPEAN Commission in June (2021) signalled it was running out of patience with Malta and Cyprus over their ‘golden passport’ schemes which allow people investing in these small island nations to effectively buy citizenship. The European Union (EU) executive has long warned that such policies contain significant ML risks, releasing a detailed report in 2019 that highlighted concerns that governments failed to properly screen the source of funds used to gain golden passports.…

COVID-19 has been a challenge for many industries and the tobacco sector has been no exception, with the disease disrupting consumption and purchasing patterns that underpin profitability and turnover.

Countries where smoking is associated with socialising have been particularly vulnerable and a good example is Bangladesh, where the disease has depressed consumption, temporarily.…