Search Results for: hong Kong

BY KARRYN CARTELLE

SEPARATED by a short plane ride across the Tasman Sea, Australia and New Zealand are clearly two distinct countries – in the physical sense – but when it comes to the cosmetics industry in these neighbouring lands it is clear that things are merging into one.…

BY KARRYN CARTELLE

AUSTRALIA is currently ranked as the eighth largest market in the world – third largest within the Asia-Pacific region after Japan and Hong Kong – in terms of its total stock market capitalisation of AUD$1.63 trillion (USD$1.53 trillion) in 2007 (World Federation of Exchanges figures).…

BY MARK GODFREY, in Beijing

IT could be an animal rights campaigner’s worst nightmare: not only is the testing of cosmetics China allowed, it is in fact compulsory for all products. And this is going to cause problems to the international cosmetics sector.…

BY RAGHAVENDRA VERMA, in New Delhi; SAEED AKHTAR BALOCH, in Lahore; and KEITH NOYAHR, in Colombo

THE SOUTH Asian knitwear industry is experienced mixed fortunes at present, with the impact of China’s production boom and the global liberalisation of the textile sector still changing sub-continental fortunes.…

BY DINAH GARDNER

SINGAPORE may rank highly on global anti-corruption ratings league tables but it has been coming under considerable fire recently for its strict bank secrecy laws. Last October, in the wake of the brutal crackdown on protests in Myanmar, the island state was accused of being a money laundering hub for top junta officials.…

BY MARK GODFREY, in Beijing

THE DAILY deluge of crime reports in China’s press indicates that corruption and fraud are not only still rife in the country they are most acute where government regulatory bodies hand out business licences and approvals to state-owned firms.…

By Mark Godfrey in Beijing

No country has added nuclear power like energy-hungry China. Neighbouring North Korea had more nuclear power capacity than China in 2000 (as did Taiwan). But by 2010, according to the US government-affiliated Energy Information Administration, China will have bypassed both countries.…

BY DOMINIQUE PATTON, in Beijing

ALTHOUGH Taiwan’s tense relations with China does not help the necessary cooperation with the Chinese mainland that would help bring some of the island’s biggest economic criminals to book, it is nonetheless eager to co-operate with international authorities to fight money laundering.…

BY MARK GODFREY, in Hong Kong and Beijing

HONG Kong’s proximity and constitutional links to mainland China has ensured boon times for the local financial services industry, while also creating problems for local money laundering watchdogs.

The special administrative region’s central banking regulator the Hong Kong Monetary Authority in February announced that it would ensure a "major supervisory focus" on money laundering and terrorist financing during 2008.…

BY GAVIN BLAIR, in Tokyo

THOUGH the number of academic specialists in commercial crime in the Asia-Pacific region may be fewer than in the US or Europe, many of the leading figures are both willing to work with corporate clients and have a great deal of experience outside the ivory towers.…