Search Results for: hong Kong

3D printing technology has been fuelling innovative designs, performance enhancements and sustainability credentials in the sports footwear industry. Customer personalisation is an increasingly popular innovation, using data from foot scans to calibrate the printing machines.

Also, sustainability benefits claimed for 3D printed shoes are growing in effectiveness for marketing as brands seek to reduce their environmental footprint.…

AML experts are increasingly concerned that jurisdictions worldwide are still failing to act against key enablers of money laundering, such as lawyers, trust and company service providers (TCSPs), accountants, estate agents, casinos and luxury goods traders, who ask no questions or ignore money laundering (ML).…

The European Court of Justice (ECJ) has rejected a legal bid to trim the power of cross-border criminal investigations launched within the European Union (EU) by the European Public Prosecutor’s Office (EPPO). The ECJ was asked to intervene in an Austrian case brought by

German traders accused of smuggling biodiesel into the EU.…

Fraud remains rampant in China. And with the government cracking down on corruption, swindles and scams are politically sensitive. Mark Godfrey has investigated the latest trends for Commercial Crime International.

The Chinese communist party is always sensitive to public opinion, aware that its hold on power depends on delivering efficient governance and strong economy.…

A group of European Union (EU) member states is pressing for delays in approving lab-grown meat for sale in the EU, calling for a broad debate on a wide range of economic and social impacts. A common note to the EU Council of Ministers has been written by Austria, France and Italy, backed by the Czech Republic, Cyprus, Greece, Hungary, Luxembourg, Lithuania, Malta, Romania and Slovakia.…

Chinese sportswear giants Li-Ning Company Ltd and Anta Sports Products Ltd may have lost significant value (70% and 27% respectively) in Hong Kong’s Hang Seng Index at the close of 2023, but industry experts remain confident they will continue to be forces Western sportswear brands will have to reckon with in 2024.  …

An Interpol police operation cracking down on online financial crime across 34 countries (1) worldwide led to 3,500 arrests and saw a total USD300 million seized – USD199 million in hard currency and USD101 million in virtual assets. The global agency’s six-month HEACHI IV operation, which ran from July to December 2023, targeted seven types of cyber-enabled swindles: voice phishing, romance scams, online sextortion, investment fraud, money laundering associated with illegal online gambling, business email compromise fraud and e-commerce fraud.…

Fraud and deception thrive in opacity and ignorance, and these problems are increasingly present in the business world of mainland China, experts are warning: “Acquiring accurate information about Chinese corporations, business relationships and supply chains has never been more difficult and is growing more difficult by the day.”…

Hong Kong-based shirtmaker Esquel has been developing natural dyes to boost its sustainability, seeking similar quality colours and fastness to dyes based on artificial finishing chemicals. These innovations were explained during the company’s annual Esquel Integral Conversation event, tis year held on October 26, as usual in Guilin, southern Chinaat Esquel’s Integral Sustainable Development Garden.…

Hong Kong-based shirtmaker Esquel has been through some tough times of late, but its vice-chairman has told Just Style that the company is optimistic about the future. Esquel has been fighting bad fortune since early 2020, when its operations in mainland China were hit by the Covid-19 pandemic.…