Search Results for: China

Egyptian knitwear manufacturers have profited from strong international demand over the past two years, being able to tap into the diversification and nearshoring trend of US and European buyers wanting to avoid over-reliance on Asian sourcing, especially in China. However, export sales have slowed since the summer as consumer sentiment has weakened in key overseas markets, which has caused a hiatus in further investment by some manufacturers.…

Smart textiles manufacturers affected by the shortage of electronics for their products may receive respite in 2023 as global supplies of components increase, even if some disruption of production and supply chain lingers.

According to 2022 research by US investment bank J.P.…

How to launder a sack of ill-gotten cash is a question that does not just stretch the imaginations of law enforcers and AML officers, it can and does prompt useful assessments by professionals in other fields.

The question of how to launder USD1 million in dirty money is, for instance, a popular thread on the international online Q&A service Quora, with 84 answers.…

New Zealand has been harvesting quality fibre from brushtail possums for decades, however, a new government native species conservation plan means the industry – in NZ at least – may have limited time to survive.

The animals, native to Australia, have caused considerable environmental damage across the Tasman Sea in NZ since their introduction in the 1830s.…

High value banknotes remain of concern to AML regulators, even though they are increasingly being withdrawn from circulation. Despite the growth of electronic payments, the amount of physical cash in circulation remains huge. The USD remains the currency that circulates most widely in the world, with the US Currency Education Programme (a Federal Reserve scheme) saying that there was USD2 trillion in circulation by the start of 2021 (December 31, 2020).…

The Nordic and Baltic beer markets are increasingly diverse, with craft beer sales growing faster than those for standard beers across the region, with only Lithuania bucking the trend. According to UK-based market researcher GlobalData (which owns Just Drinks), sales of craft beers Denmark, Sweden, Norway, Finland, Estonia and Latvia have all seen significant sales increases over the past five years with many exhibiting double-digit growth.…

“Flavours have been the best thing that has happened to the tobacco industry,” wrote US company Revival Vape in a recent blog on the growth of the electronic cigarette sector and the popularity of non-tobacco flavours.

It is not just vaping which has capitalised on the variety of flavours that can be created to drive sales.…

The list of Russian assets seized by its European and north American opponents grows ever larger, with super yachts joining bank accounts and expensive properties being sequestered. But could they be sold? Should they be sold? And should the money be spent on rebuilding Ukraine, if it drives out the Russian invader?…

While forecasts of a global recession are far from conclusive, the World Bank has in its latest international economy assessment released in September (2022) warned that such a downturn is a real possibility for 2023. (1) The reason is potential government spending tightening to deal with inflation rates not witnessed since the 1990s or earlier: “To stem risks from persistently high inflation, and in a context of limited fiscal space, many countries are withdrawing monetary and fiscal support,” noted the bank.…

In the wake of devastating floods in three of Pakistan’s provinces – Sindh, Punjab and Balochistan – the country’s textile and garment industries are facing multiple challenges compounding the destruction of cotton crop at a large-scale.

The country’s textile and apparel industries fear a major dent in export volumes, with competitiveness harmed by them having to import raw materials as a result.…