Search Results for: Latvia

Italy’s premier beauty trade fair celebrated half a century this year in Bologna with a host of special events that ranged from an opening cocktail party on the fair grounds to a special dance performance held in the Bologna city centre.…

THE ASEAN Audit Regulators Group (AARG) and the big-four audit firms have agreed a measurable goal to improve audit quality within south-east Asia. The project involves Deloitte, EY, KPMG, and PricewaterhouseCoopers (PWC) in Malaysia, Indonesia, Singapore and Thailand; along with Malaysia’s Audit Oversight Board, Indonesia’s Finance Professions Supervisory Centre, Singapore’s Accounting and Corporate Regulatory Authority (ACRA) and Thailand’s Securities and Exchange Commission.…

EUROPEAN food and drink exporters will be preparing to boost exports through the Comprehensive Economic and Trade Agreement between the European Union (EU) and Canada (CETA), which has been provisionally approved by the European Parliament.

The deal, whose duty reduction and quota expansion elements could apply from April (2017) will phase out nearly 99% of tariffs on all food and drink traded between the EU and Canada over the next seven years.…

MANY personal care product markets in eastern and central Europe are growing slowly, with incremental growth being tapped especially by major international brands who have squeezed out local players with their solid pricing and reliable quality.

But with natural cosmetics rising in popularity, there is still space for innovative smaller players with sufficient local roots and knowhow to appeal to consumers in what remains an extremely diverse region in terms of culture and consumer habits.…

MANY personal care product markets in eastern and central Europe are growing slowly, with incremental growth being tapped especially by major international brands who have squeezed out local players with their solid pricing and reliable quality.

But with natural cosmetics rising in popularity, there is still space for innovative smaller players with sufficient local roots and knowhow to appeal to consumers in what remains an extremely diverse region in terms of culture and consumer habits.…

CHINA’S central bank, the People’s Bank of China (PBC), has issued a new anti-money laundering and terror finance reporting requirements for all financial institutions inside the country. The rules come into force July 1. They cover banks, brokers, foreign exchange, online and mobile payment systems and insurance companies, who will have to file reports to the central bank, via their headquarters or via representative institutions, if a client requires daily cash transactions exceeding Chinese Yuan Renminbi CNY50,000 (USD7,261) or a larger amount of USD10,000’s worth in foreign currency.…

WHILE Japan has freed up its electricity market, in 2015, end-user price regulation was still applied to household electricity markets in 12 European Union (EU) member states (46% of electricity and 54% of gas price offers from different service providers), Europe’s electricity industry association Eurelectric spokesperson Anamaria Olaru told Energy World.…

Russia’s economic woes are well-documented, yet, rather than mirroring the financial downturn, its personal care market and industry has remained comparatively healthy. Beneath these encouraging figures, however, strong currents appear to be instigating long-term changes to the sector, notably an increasing preference for cheaper products by hard-pressed consumers.…

THE EUROPEAN Chemicals Agency (ECHA) is investigating if European Union (EU)-wide controls are needed to protect consumers against substances used in tattoo inks and permanent make-up (PMU) – with one solution expanding the scope of the EU cosmetics directive.

While the printing ink industry has suffered a recession, the tattoo and PMU ink sectors are booming in the wake of a huge increase in purchases of tattoos EU-wide.…

FACED with the twin threats of Brexit and a new US President-elect who prefers bilateral relations to multilateralism, the European Union (EU) and its institutions are nonetheless pushing ahead with forging a collaborative system of anti-fraud law enforcement.

In a sign that such initiatives draw overwhelming backing from European Parliament political groups, the EU’s elected assembly, its plenary has backed by 545 votes to 91 a detailed call for the European Commission to review its legislation against corruption and organised criminals.…