Search Results for: China

ANTI-fraud experts understand that managers always need to be aware of the potential for their organisations to lose money to fraud and corruption. But the fact that the Association of Certified Fraud Examiners (ACFE) https://s3-us-west-2.amazonaws.com/acfepublic/2018-report-to-the-nations.pdf

estimates an average 5% of public and private revenues are lost to fraud indicates that more awareness is needed.…

American mega-retailer Walmart has settled charges imposed by the USA Securities & Exchange Commission (SEC) that it violated the Foreign Corrupt Practices Act (FCPA) by failing to operate a sufficiently robust anti-corruption compliance programme as the retailer expanded rapidly internationally. Walmart has paid over USD144 million to settle the SEC’s charges and around USD138 million to resolve parallel criminal charges laid by the US Department of Justice, with the combined total topping USD282 million.…

WITH the Carbon Trust defining energy management as the use of technology to improve energy performance of an organisation within their holistic management processes, the need to tap data banks of expertise can only help in framing and operating such policies.…

BANGLADESH’S major textile and clothing manufacturers are pumping millions of dollars into digital printing, encouraged by the lure of better margins, cost savings and shorter lead times, industry watchers say.

With conventional textile printing losing its prominence, the country’s top textile producers have spent around USD30 million buying European and Asian digital printing machinery in the past three to four years, industry experts have told Digital Textile.…

MONGOLIA’S grassland ecology has always lent itself to livestock and hence milk production, so it is no surprise that the development of a dairy industry has been a priority for its government and international institutions.

A five-year loan worth USD12 million from the European Bank for Reconstruction & Development via Mongolia’s XacBank announced in February (2019) is just one such related initiative.…

THE INTERNATIONAL Organization for Standardization (ISO) has launched a series of standards designed to help the cocoa industry ensure its products are both sustainably harvested and processed, but also traceable across their supply chains. Its ISO 34101 series is designed to promote good environmental and labour practices in a sector that involves sophisticated confectionery companies, global commodity traders and small farmers, often in poor countries, notably in west Africa.…

THE AUSTRALIAN coating and paint market has experienced volatility over the past five years, with mergers and acquisitions consolidating the industry, whilst consumer demand and legislation have boosted the sale of more environment-friendly products. Across the Tasman Sea, meanwhile, New Zealand has seen growth due to innovation in high-performance and green coatings.…

While today 12 out of every 100 Europeans are tattooed or have some sort of permanent cosmetic treatment, experts are increasingly concerned that these skin colouring agents may contain hazardous substances, known or suspected to have adverse health effects causing cancer, allergies or mutations.…

RUSSIA’S paint industry is slowly growing but upcoming chemical regulations could limit the output of some potentially hazardous products. There are two such laws in the pipeline. One is a technical regulation ‘On the safety of chemical products’. This was adopted and ratified by the Russian government in 2016, and will come into force in 2021 (on July 1), and bans the use of a range of hazardous chemicals, some used by Russian coatings manufacturers. …

THE NEW CO2 standards approved by European Union (EU) legislators for cars, vans and trucks being driven in its territory will lead to more electric vehicles (EVs) and alternative drivetrains including hybrids and fuel cells, experts have told wardsauto.

On April 18, the European Union (EU)’s elected legislative body the European Parliament, approved the first EU regulation on emissions standards for heavy-duty vehicles.…