Search Results for: Korean

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.…

For evidence that China’s nationalistic ‘guochao’ consumer trend is gathering pace in the personal care product sector, look at the country’s powerful e-commerce sector. In February 2021, the turnover of cosmetics on China’s Taobao platform was Chinese Yuan Renminbi CNY14.7 billion (USD2.3 billion), a year-on-year increase of 11%, with the top brand in sales being the guochao-oriented personal care product brand Hangzhou-based Florasis Hua Xizi.…

AMERICA has long been the global policeman of international sanctions, including breaches of AML rules, but evidence suggests that the US dollar’s use in international transactions could be weakening and is having to compete with the rising power of crypto currencies.…

The Bangladesh clothing industry is looking forward to the completion of five state-of-the-art textile factories at the Korean Export Zone (KEPZ) with combined floor space of 2 million square feet as an important expansion of local backward linkages. The factories, three of which are under construction, and two (producing polyester yarn and fabrics) are already open, will produce manmade fibre (MMF) yarn and finished garments, at the KEPZ, located in the south-eastern port of Chattogram.…

With global markets and daily consumer habits being disrupted for almost a year due to the ongoing global Covid-19 pandemic, some oils and fats sales have grown – and a key example is soybean oil. This is true worldwide, from North and South America, to Africa, Asia, and Europe.…

The International Accounting Standards Board (IASB) has proposed a new accounting standard helping companies whose income can be changed by rate regulations, to give a clearer picture about their financial performance. Sectors covered include utilities and public transport, whose charges are often capped by governments.…

NEW integrated paint manufacturing units in India with an annual production capacity of less than Indian Rupees INR500 million (USD6.6 million) will soon be exempt from securing prior environment clearance by the ministry of environment and forests (MoEF). This rule, covering plants with production facilities for resins and pigments, is expected to come into force early next year (2021) once the central government formalises and gazettes a new Environment Impact Assessment (EIA) Notification.…

The China National Coatings Industry Association (NCIA) on July 31 informed members that it has been told by the ministry of ecology and environment to investigate the production, treatment and disposal of hazardous waste in the coating industry and compile a management guide based on the investigation’s findings.…

EUROPEAN, Japanese and South Korean automotive manufacturers are about to follow new international guidance ensuring increasingly-networked vehicles are protected from hacking by cyber-criminals.

This follows the release of two new UN regulations, adopted June 24 by the UN Economic Commission for Europe’s (UNECE) World Forum for Harmonization of Vehicle Regulations.…

THE ASIA-Pacific region, even one-party states such as China, have developed legal protections for whistleblowers, although the comprehensive protection more commonly found in Europe is still usually absent.

South Korea is one jurisdiction leading the pack on developing robust whistleblower protections.…