Search Results for: Swiss

FACED with continuing high levels of fraud attacking European Union (EU) institutions, the European Commission has released its first update of its overall anti-fraud strategy since 2011. The need for a refresh is borne out by crime data: in 2017, EUR467.1 was lost to fraud affecting EU spending and revenue generating programmes.…

INTERNATIONAL efforts are under way to improve how airports can serve as effective humanitarian logistics hubs, reducing the risk that they become bottlenecks in disaster relief efforts. These moves follow research and a growing consensus in the air and aid sectors that while airports are undoubtedly a lifeline during crises, they can also hamper the efficient delivery of aid to victims.…

THE GROWTH in fast fashion contracts struck between brands and Vietnam’s burgeoning outsourcing will boost demand for machinery and equipment in the Vietnamese textile sector as much as the new trade deals that have been struck by Hanoi, according to industry insiders.…

SWISS bank UBS has said it will appeal a judgement made by a Paris court that it should pay penalties of EUR3.7 billion and EUR15 million, plus civil damages of EUR800 million, for helping its French customers evade tax.

Le tribunal correctionnel de Paris found UBS guilty of illicit solicitation and laundering of the proceeds of tax fraud, having heard allegations about how UBS executives persuaded French depositors to move money to accounts in Switzerland – reducing France’s tax take.…

MOROCCO’S clothing and textile industry association is optimistic about growth in the country’s apparel sector, with fast fashion sales to Europe driving expansion. Mohamed Tazi, general director of Morocco’s clothing and textile industry association AMITH (Association Marocaine des Industries du Textile et de l’Habillement) told just-style he is satisfied with the results of the sector regarding production and exports.…

WITH Malawi’s persistent cycle of poverty where half of its 18 million population (2017 World Bank data) live under the poverty line and nearly 1.5 million children employed as labourers, according to International Labour Organisation (ILO) data, including on tobacco farms – meaningful reforms to prevent these abuses have progressed slowly, experts say.…

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.…

THE SWISS government has decided not to fund project facilitation for a biofuel pilot project at Geneva airport to replace at least 1% of its jet fuel supplies with biofuel supplied by Finland oil refiner and marketer Neste Oyj. The company said it could not proceed as a result of the decision, which followed consultation by the Swiss federal government about the project, scheduled to start operations later this year (2018).…

THE US Securities and Exchange Commission (SEC) said October 3 that it had filed an emergency action and obtained an asset freeze against two individuals and their companies in a scheme that generated more than USD165 million in illegal stock sales in at least 50 microcap companies. …

COULD digital textile printing help bring the Australian textile and clothing manufacturing sector back to sustainable growth? There are experts who believe this scaleable finishing technology can give Australian design talent room to thrive.

Faced with the proximity of China’s manufacturing juggernaut, it is no surprise that mass textile and clothing manufacturing declines in Australia, but digital technologies are giving the industry a chance to find new niches.…