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INS BANGLADESH CORRESPONDENT WINS "BRAC MIGRATION AWARD"
Published in the Dhaka-based newspaper, The Business Standard, Mr Billah’s story clinched the second prize in the “National Newspaper” category, at the eighth annual award ceremony of BRAC, one of the largest NGOs in the world. BRAC introduced the “BRAC Migration Media Award” in 2015 to formally recognise migration journalism.…
OPINION PIECE – CANADIAN GOVERNOR GENERAL SHOULD SUE TWITTER AND HELP CLEAN UP SOCIAL MEDIA
Yes, Canada’s respected 75-year-old first ever indigenous Governor General should sue Elon Musk for defamation, as owner of Twitter, which published these untrue and poisonous comments.
Twitter and Musk made money from them – they attracted eyeballs, which boosted ad clicks, and boosted the social media site’s profile.…
SUSTAINABILITY ACCOUNTING STANDARDS – IMPACT ON TEXTILES INDUSTRY
INTRODUCTION
ACCOUNTING used to be restricted to financially measurable matters of profit and loss; expenditure and revenue; taxes and subsidies; investment and liabilities. But the mathematical and statistical skills underpinning a solid set of books and filed accounts are today increasingly being used to measure the environmental and social sustainability of a product, input, production process and supply chain.…
THE OUTSOURCING/NEARSOURCING/RESHORING STRUGGLE WITHIN THE PROTECTIVE AND PERFORMANCE TEXTILE SEGMENTS
INTRODUCTION
The Covid-19 pandemic has sparked a reassessment of the model of relying on one or two outsourcing locations. It has demonstrated that when there is a major disruption caused by an emergency as serious as a pandemic, shipping and industrial processing can be disrupted.…
THE POTENTIAL OF ITALY’S HALAL FOOD MARKET EMERGING POST-PANDEMIC
When France’s fast-food chain O’Tacos (www.o-tacos.fr) announced in 2020 that it would be selling in Italy its halal-certified French-style meat and vegetable wraps, Italian Muslims took this as a sign that halal was going mainstream in their country. O’Tacos’ first Italian outpost will open in January 2022 in Rome (delayed by Covid-19) and more openings in 2022 are planned in major Italian cities, including Milan and Bologna, said Yassin Baradai, founder of Milan-based Meem Communication (https://meemcommunication.com/…
FIGHTING FRAUD IN THE HALAL FOOD INDUSTRY
Fraud in the global halal food sector is emerging as a widespread problem. A series of scandals have rocked the industry worldwide, and shone a spotlight on the difficulty of eliminating non-halal practices from increasingly large and complicated food supply chains. …
UNIVERSITIES ARE MAGNET FOR INTERNATIONAL MONEY LAUNDERING – SPECIAL REPORT
Higher education institutions are being warned they could be a target for money laundering, with fees being financed by the proceeds of crime, including corruption, which might also buy property, cars and other items for students.
The problem has been highlighted in a series of reports.…
HONG KONG STRENGTHENS AML LAWS, ALTHOUGH POTENTIAL POLITICAL INTERFERENCE AND UBO WEAKNESSES CAUSE CONCERN
The new National Security Law imposed by Beijing on Hong Kong last June (2020) (1) has added a new dimension to money laundering requirements in the special administrative region (SAR), as banks and other institutions now find themselves required to flag cash movements by figures deemed as ‘secessionist’ under the new law.…
APPAREL SECTOR: COUNTRY PROFILE BANGLADESH
The second-largest garment exporting country in the world, Bangladesh has grown its position as a key outsourcing hub since the 1980s.
With a global market share of 6.26%, according to the World Trade Statistical Review 2021 (1), “The industry has come a long way,” said Md. …
AUTOMATION NOT YET ABLE TO FORCE MASS RESHORING – BUT THAT DAY MAY COME, SAY EXPERTS
The use of ‘sewbots’ that can replace human sewers and other robotics look set to transform the clothing and textile supply chain and facilitate reshoring or near-shoring to developed countries currently reliant on lower income outsourcing hubs, maybe thousands of kilometres away from buyers.…