Search Results for: Korea

BY KEITH NUTHALL

CHINESE exporters have been fraudulently routing clothing and textile exports via Hong Kong and South Korea to evade quota limits imposed last year, following the ‘bra wars’ spat with the European Union (EU). Swedish government figures claim Hong Kong clothing and textile exports to the EU rose by 234% in the past year, which would mean every Hong Konger was employed in the textile industry.…

BY PAUL COCHRANE, in Damascus

FOLLOWING a sizeable reduction in import duties last year, Syria’s fledgling car market has grown by up to 60% in under a year.

A mere decade ago Syria’s roads were full of ageing cars, such as 1950s and 1960s Chevrolets, Dodges and Plymouths that were either lovingly maintained or had had one paint job too many.…

BY STEVEN SWINDELLS, in Johannesburg

SECURITY specialists and risk assessors will be increasingly in demand within oil majors seeking to tap sub-Saharan Africa’s oil and gas riches in the next few years, experts say, with available resources and political uncertainty growing in an uneasy parallel.…

BY SYMON ROSS, in Auckland

INTERNATIONAL law enforcement agencies acknowledge that the laundering of criminal proceeds generated by transnational crime remains a problem in the Pacific region despite increased legislation designed to curb the cleaning of dirty money.

With no Pacific countries now on the Financial Action Task Force (FATF) blacklist of uncooperative territories, international monitors could be forgiven for focusing their attentions elsewhere.…

BY JULIAN RYALL, in Tokyo

THE HEADLINES in the Japanese press in recent months are likely to have

piqued the interest of anyone looking for a destination where ill-gotten

gains can be made to appear legitimate, let alone the concern of global

money-laundering authorities.…

BY JULIAN RYALL, in Tokyo

THE HEADLINES in the Japanese press in recent months are likely to have

piqued the interest of anyone looking for a destination where ill-gotten

gains can be made to appear legitimate, let alone the concern of global

money-laundering authorities.…

BY MATTHEW BRACE, in Sydney

NON-metallic minerals, long considered the poor relations in the extended family of industrial minerals, are suddenly popular again.

They have found favour once more because of their molecular structures and their usefulness in the rapidly advancing world of nanotechnology.…

BY KEITH NUTHALL

BRITAIN’S status as a low tax jurisdiction in the European Union (EU) has been reconfirmed in the latest comparative study of developed industrialised countries by the Organisation for Economic Cooperation and Development (OECD). For instance, looking at income tax and national insurance burdens for single people without children, Britain is taxed at 33.5% on average, compared with an old 15-member EU average of 42.1%.…

BY KEITH NUTHALL

JAPAN and South Korea have struck a deal solving a long-running World Trade Organisation (WTO) dispute over Japanese restrictions on imports of South Korean laver seaweed. Seoul has argued that Japan’s import quotas of this product break Tokyo’s WTO commitments under the 1994 General Agreement on Tariffs and Trade (GATT).…

BY MATTHEW BRACE, in Sydney

IT might sound like science fiction but many of the most exciting and useful advances emerging from the super-science of nanotechnology are real. Nanotechnology is a relatively new approach that deals with understanding and applying the properties of matter at the nano-scale, where a small molecule measures one nano-metre (one billionth of metre) in length, or about 1/80,000 of the diameter of a human hair.…