Search Results for: Climate change

CONCERNS about the environmental and health damage caused by sunscreen chemicals has started to translate into regulatory action around the world, with the US state of Hawaii being the most high-profile reformer.

Hawaii has imposed a state-wide ban on the sale and distribution within Hawaii of products containing oxybenzone and octinoxate, which are widely regarded as having a harmful impact on coral.…

The coatings market of South Korea looks on track to achieve modest growth this year, with gains in architectural coating sales and a mild revival of marine coatings projected to offset a deteriorating outlook for automotive coatings. The overall South Korea paint and coatings market in 2018 has been estimated by market researchers Frost & Sullivan at USD4.5 billion in sales and 1 million tonnes in 2018, making it the fourth largest coatings market in Asia, in both value and volume terms – behind China, Japan and India.…

From climate change to digitalisation, there is no shortage of economic challenges facing the small island states of the Caribbean, but the region’s accounting sector has the capacity to manage upcoming change.

For many such financial professionals, being a part of ACCA – which this year will mark its 20^th in the region – is integral to progress.…

NEW rules on how the electricity market works in the European Union (EU), provisionally agreed in December 18 negotiations, will emphasize and strengthen nuclear energy’s role in meeting climate targets, at least in the shorter term, experts have told Fuel Cycle Week.…

In a significant ramp up of its pressure on the government of Venezuelan President Nicolás Maduro, the United States Treasury Department’s Office of Foreign Assets Control (OFAC) on Monday (January 28) announced the imposition of new sanctions against the country’s state oil company Petróleos de Venezuela SA (PdVSA).…

EUROPEAN Union member states are dragging their feet implementing the fourth anti-money laundering directive’s (4AMLD 2015/849) beneficial ownership rules. Only five countries met the June 26, 2017, AMLD4 deadline for having an ultimate beneficial ownership (UBO) register under national law – Britain, Denmark, France, Germany and Sweden- according to the European Commission. …

INCREASES in minimum wage rates are likely to be of significant concern to brands sourcing from south-east Asia in 2019, with pay on an upward trajectory – although governments’ approaches vary.

For some governments in the Association of Southeast Asian Nations (ASEAN) region, raising minimum wage serves as a populist measure (for instance by Thailand’s military government, whose supporters will face an election this year), while for others, an annual review is a statutory requirement, for example, in the Philippines.…

AS the British House of Commons prepares to vote on the European Union (EU) withdrawal agreement negotiated by UK Prime Minister Theresa May, the Irish beef sector has been warning that a no deal Brexit would cause chaos and dramatically undermine Ireland’s beef exports.…

AUDITORS have not received a good press in the area of combating financial fraud. Financial disasters involving fraudulent practices include the notorious collapses of Lehman Brothers and the HBOS bank. A New York attorney concluded in 2007 that “EY substantially assisted Lehman Brothers… to engage in a massive accounting fraud”.…

A TECHNOLOGY entwined with fossil fuels that, by the of 2018, boasted 43 large-scale facilities, (18 in commercial operation, five in construction and 20 in development), and which processed almost 40 million tonnes per annum (mtpa) of CO2, is clearly more than a passing fad.…