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THE ORGANISATION for Economic Cooperation & Development (OECD) has recommended that its rich country members harmonise their clinical trials rules, to promote international collaboration and help streamline regulations. It has issued principles for trial rules it wants adopted by its 34 member governments, which include many European Union countries, the USA, Canada, Australia and Mexico.…

NEPAL’S ready-to-wear garment sector wants to diversify its target markets away from a past reliance on America, prompted a slump in exports, which have fallen by more than half over the past five years. The Garment Association Nepal (GAN) general secretary Ashok Kumar Agrawal blamed decreasing demand from American consumers and told just-style the industry is hoping to “diversify export markets to Australia, Canada and Japan, making use of duty free privileges while increasing exports to the EU,” where they enter duty free under the Everything But Arms deal.…

INDIAN garment exporters are looking to buyers in new countries to compensate for drops in orders from struggling, traditional western markets, Dr A Sakthivel, chairman of the Apparel Export Promotion Council (AEPC) has told just-style.

“Since the last two years when our conventional markets in Europe, the United States and Canada are facing economic problems, we have started to look for new markets in South America, South Africa, Japan and Israel,” he explained.…

Strengths:

China has a booming e-commerce sector, and growing online drinks retailers are building more warehouses nationwide. They need to balance ‘just-in-case’ and ‘just-in-time’ demands and also the need for flexibility versus low inventory. Negotiating these logistical pressures is vital in this huge yet highly fragmented market.…

THE WORLD it seems, it becoming a little less keen to chew gum (and blow bubbles with it): this confectionery sub-sector that grew by a healthy 7.7% in 2011 saw growth slowing to 1.7% in 2012. It is the quietest sales period since the chewing gum segment (that includes bubble gums) posted a fall of 2.5% from USD23.2 billion to USD22.44 billion during the recession from 2008 to 2009, according to figures from market researcher Euromonitor International.…

NOONE has been hanged for fraud in England since 1811, but not every country is so advanced:  today the death penalty is still applied for people convicted of fraud in China, Iran and North Korea among others. And even below the ultimate sanction, deterrents to committing fraud can look frightening in many countries of the world.…

FOR critics who claim financial reporting is boring – accounting professionals should point to Canada’s Parliamentary Budget Officer Kevin Page. He has created a unit with a limited staff and budget, taking on a government with a taste for secrecy, and still released reports revealing cost assessments that have made headlines.…

THE EUROPEAN Union (EU) should be the second supplier of pork to the Japanese market, up from the fourth place now, once a planned EU-Japan free trade agreement (FTA) is in place, Jean-Luc Mériaux, secretary general of the European Livestock and Meat Trading Union (UECBV) told globalmeatnews.com…

THE ONLINE market for perfume and cosmetics in the USA has bucked five years of recession then patchy economic recovery to grow steadily as more people connect to the Internet and get the e-commerce habit. Distributors such as America’s Estée Lauder Companies and Canada’s Lise Watier have prospered online and through mobile platforms offering customer interaction, convenience, and access to international markets.…

THE ENERGY sector has been left guessing whether there will be a robust future international climate change agreement after the latest global diplomatic meeting on the subject in Doha, Qatar. Delegates attending the 18th session of the Conference of the Parties to the UN Framework Convention on Climate Change were tasked from November 26 to December 7 with solving two key issues: devising a post-Kyoto Protocol agreement that will kick in from 2020; and also devising a holding agreement for countries wanting to reduce emissions from the expiry of the Kyoto Protocol this December until the new agreement comes into force.…