Search Results for: Bangladesh

With financial fraud booming, the market for forensic accounting – uncovering financial crime through the study of accounting data, bank records and associated company data – is also growing fast.

A report from US and UK-based Market Research Future (MRFR) issued last October (2021) predicted that the global forensic accounting market would be worth annual receipts of USD8.85 billion by 2025, growing at a compound annual growth rate (CAGR) of 8.2%.…

INTRODUCTION 

The connection of information and operational technology through smart factories makes for undeniable improvements in manufacturing efficiencies, in output and cost. But all new technologies spark fresh vulnerabilities for attacks by criminals. Given the latent strength of smart factories is in connectivity, cyber-attacks are their most important illicit threat.…

Bangladesh is emerging as a major supplier for high-value suits in Europe and the US, taking advantage of the disruption faced by manufacturers in China, Vietnam, and Ethiopia during the Covid-19 pandemic. While Bangladesh faced its own supply chain and production disruption, China’s tough response to the pandemic has harmed its clothing production, Vietnam’s apparel sector has encountered labour shortages and Ethiopia’s Covid-19 woes have been worsened by civil war.…

With the Islamic finance sector growing fast – with global turnover valued at USD2.2 trillion, according to S&P Global Ratings’ Islamic Finance Outlook 2022 Edition, with a projected 12% growth between 2021 and 2022 – demand for higher education courses on the topic are growing fast.…

Streaming services that deliver online content, including gaming, videos and music, have opened new avenues for money launderers, including the ability of fraudsters to commit predicate offences, whose proceeds are hidden and moved.

The problem is exacerbated by the growing popularity of streaming – according to US-based Grand View Research, the global video streaming market alone was worth USD50.11 billion in 2020, projected to grow at a compound annual growth rate (CAGR) of 21% from 2021 to 2028.…

The Bangladesh knitwear industry is looking to boost its exports of sweaters, competing with Chinese suppliers hampered by their government’s continuing tough lockdown responses to further outbreaks of Covid-19. Meanwhile, US tariffs imposed during the trade war launched by former American President Donald Trump persist, giving Bangladesh sweater exporters a continuing price advantage, augmenting its lower labour costs.…

Pakistan textile and clothing industry has witnessed many advances and retreats during the last 10 years. With the country operating a less draconian set of lockdowns than neighbouring countries in south Asia, it has leveraged recent investment by increasing clothing and textile exports.…

RUSSIA’s invasion of Ukraine will damage European Union (EU)-Russia trade in clothing including knitwear, but Russia will continue to make woolen clothes, say experts. Meanwhile, the war launched by Russian President Vladimir Putin is devastating Ukraine’s knitwear production and retail sector.…

Many Muslim countries, their governments and businesses, have adopted an uneasy neutrality towards Russia, as it continues its invasion of Ukraine.

Malaysia is a case in point – its close relations with European, north American and Asian countries (such as Japan and South Korea) means it will not want to breach their sanctions on Russia.…

Turkey’s clothing manufacturing sector, the world’s fifth largest garment exporter, after China, the European Union, Vietnam and Bangladesh has (1) rebounded from the Covid-19 pandemic and has set its sights on overtaking its rivals. The industry has been investing in new machinery and capitalising on the trend for near-shoring.…