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A friend from Syria once told me of a 20-year-old man, an only child, who left his country, having been ordered to emigrate by his father in fear of the frenzy and killing in his country’s civil war. He moved to the comparative calm of Beirut, Lebanon.…

While the Arab world certainly has a political culture of its own, there are many universal human truths that its politics shares with the rest of the globe, even if – perhaps – tensions can be more intense in this region than others.…

Cryptocurrency innovation is moving fast, with AML/CFT-oriented financial institutions and law enforcement struggling to keep up as criminals exploit the system through newer technology such as decentralised finance and anonymous privacy coins.

The use of cryptocurrencies is surging, and is increasingly being adopted in more, often unregulated, markets.…

The huge offshore finance leak unveiled yesterday (October 3) by the International Consortium of Investigative Journalists (ICIJ) and its media partners has highlighted the pressures AML reporters face in complying with increasingly tough beneficial ownership transparency laws.

Reports generated from 2.94 terabytes of data within 12 million documents leaked to the ICIJ from the confidential records of 14 offshore service providers have been analysed by 600 journalists from 150 media outlets in 117 countries.…

The Bangladesh innerwear industry has been witnessing robust growth in the past decade and this outsourcing hub is now competing effectively with its major rival China. The production value of the country’s intimate wear jumped from US216 million in 2012 to US1.078 billion in 2021, according to a report from data service Statista (1).…

As the global clothing industry is reviving from Covid=19 slump, Bangladesh apparel manufacturers are at last reaping the benefits, industry is also bearing the fruit. In an exclusive interview with Just Style, the new president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Faruque Hasan noted that the Bangladesh clothing industry suffered a reduction in its exports of USD6 billion from USD34.13 billion in financial year (FY – July-June) 2018-19 to USD27.95 billion in FY 2019-20 and a year-on-year drop of clothing exports worth nearly USD1.5 billion in financial year (FY) 2020-21 (July 2020 to June 2021) (1).…

The Turkish apparel sector is looking to build on its long-standing record as a major apparel producer for the American market, offering quality products at a swifter time-to-market than its key competitors in Asia, especially China.

Turkey’s apparel exports to the USA remain robust – at around USD1 billion-a-year according to Mehmet Kaya, a board member of the Istanbul Apparel Exporters Association (İstanbul Hazır Giyim ve Konfeksiyon İhracatçıları Birliği – İHKİB).…

Ethiopian textile and clothing managers and workers are worried that the USA may expel their county from the African Growth and Opportunity Act (AGOA) trade access, as armed conflict continues in Tigray.

The US Trade Representative Katherine Tai has said America would “soon” decide on Ethiopia’s status under AGOA, which gives its clothing and textile exporters duty-free access to the United States.…

The Covid-19 coronavirus outbreak was declared a pandemic on March 11, 2020, by the World Health Organization (WHO) after it spread from Wuhan, China, across the globe. As yet, the world does not know for sure how and why the virus was released.…

One of the world-changing impacts of the Second World War was an understanding that unfettered competition between nation states was not just undesirable, but – if taken to its logical conclusion – would lead to war. Amidst the ruins of Europe, as an exhausted continent stumbled out of conflict, new thinking emerged, that economic links between neighboring countries be deliberately forged to create interdependence that would encourage cooperation to achieve wealth.…