Search Results for: Australia

THE AUSTRALIAN government has unveiled tighter security screening for workers at Australia’s airports, including baggage handlers, aircraft engineers and caterers. The country’s infrastructure and transport minister Darren Chester said: “Airport workers, together with their vehicles and belongings, will be randomly selected for explosive trace detection testing and other screening when entering or working in secure airside areas at major airports.”…

WHILE the Vatican City State and Holy See’s acceptance that their financial institutions could be exploited by money launderers is far more realistic than the denials of 10 years ago, a much-anticipated Italian court ruling has shown much work is needed to clear dirty money from these hallowed accounts.…

CHINA’S imposition of temporary safeguard duties to protect its sugar industry have been challenged at the World Trade Organisation (WTO), with sugar giant Brazil arguing Beijing’s tariffs break global commerce rules. In a signal that Brazil might be considering launching a disputes case against China, diplomats for the South American country told a WTO safeguards committee meeting that the duties broke the WTO agreement on safeguards and the general agreement on tariffs and trade (GATT). …

THE RUSSIAN government has expanded the range of meat and livestock imports that it is blocking from the USA and the European Union (EU) and other associated countries who have been imposing sanctions on Moscow over its annexation of the Crimea and support for Ukraine separatists.…

Work is underway to promote Japan’s quality wagyu beef to athletes and tourists visiting Tokyo for the 2020 summer Olympic Games to boost exports in the long term. While details have yet to be confirmed, marketers are developing plans to operate Olympics-related promotional events and special dedicated marketing spaces, maybe near the Olympic village for athletes.…

MALAYSIA is making progress in combating money laundering but political interference is still a problem in implementing policies and enforcing laws, experts have told Money Laundering Bulletin.

A dynamic upper middle-income country (USD9,850 per head gross national income in 2016, says the Word Bank), some of Malaysia’s ML and TF [terrorist financing] risks derive from its geographic position.…

THE EUROPEAN Union (EU) planned trade deal with Japan – its sixth most important trading partner – struck in principle at the July 6 EU-Japan Summit in Brussels and set to be operational in 2019, will benefit the EU dairy industry greatly, experts say.…

INDONESIA is an important market – it does not just have 261 million people, but its female consumers especially are becoming more assertive and shaping colour cosmetic trends that brands should follow if they want to boost revenue. Last year, market observers have said, women consumers in Indonesia decided they wanted to buy matte lipstick, and this demand has mushroomed.…

THE UNITED Arab Emirates (UAE) has long been a fertile ground for colour cosmetics brands thanks to its large young population (its median age is just over 30) and the presence of image conscious consumers. Despite the pressure of rising costs and fierce competition among brands, the country’s colour cosmetics market experienced moderate growth in 2017 compared to 2016, increasing an estimated 4% in value terms to reach Emirati Dirham AED1.1 billion (USD299.4 million), according to market researcher Euromonitor International.…

OFFSHORE exploration is going through difficult times, but the Barque prospect in New Zealand is being rated as one of the most promising upcoming exploration oil wells in the world. If successful the project, located offshore from South Canterbury and North Otago in the south-east of South Island, would be the most significant discovery in New Zealand since the giant Maui field in the Tasman Sea in the 1960s.…