Search Results for: Czech Republic
10 results out of 1295 results found for 'Czech Republic'.
REVIEW OF 2013 CLOTHING AND TEXTILE SECTOR
WINNERS AND LOSERS
RETAIL
WINNERS
ASOS
Fashion retailer ASOS showed online convenience and price are still a winning combination with shoppers. The UK-based online retailer continued its impressive trajectory this year, announcing pre-tax profit had reached GBP54.7m (US$88.3m) for the year ending 31 August, compared to GBP40m in the same period of last year, with retail sales jumping 40% to GBP753.8m, up from GBP537.9m last year. …
SINGLE TELECOM MARKET SHOULD NOT AFFECT COMPETITION BETWEEN TELCOS AND CABLE OPERATORS, CABLE EUROPE CHAIRMAN SAYS
THE CREATION of a single telecommunication market in the European Union (EU) should build on the foundation of existing liberalising legislation, promoting healthy competition between telecommunication companies and cable operators, says Matthias Kurth, executive chairman at Cable Europe.
Speaking to European Communications, in an interview at his Brussels office, he explained: “The new legislation should complement and not overturn the existing regulatory framework,” said Mr Kurth, noting that it should allow network providers to grow, compete and invest.…
LOCAL FIRMS SNAP UP CLIENTS, TALENT AS REGULATORY CHANGE BITES
ZHU Jiandi and Gu Wenxian could be the two most travelled accountants in China. The frequent flying duo – chairman and managing director, respectively, at BDO China Shu Lun Pan – were in the southwesterly megalopolis of Chongqing recently to rally local staff to a company goal of making the office a bridgehead for expansion throughout the southwest and west of China.…
EU BACKED BETITEX PROGRAM TO DEVELOP TICKS, BEDBUG RESISTANT TEXTILES
A EUROPEAN Union-funded ‘BETITEX’ research project has brought together a consortium of 10 partners to develop protective, biodegradable textiles that can kill ticks and bedbugs. The Euro EUR1.5 million (USD2.06 million) project will focus on developing personal protective equipment for small-and-medium-sized enterprises (SMEs) and also “domestic use in the form of home linen,” according to a European Commission note.…
TURKEY’S ARSAN PONDERS QUALITY FINISHING INVESTMENTS TO PROTECT EXPORT SALES
The Arsan Textile Group, one of Turkey’s leading textile businesses, is to invest in its finishing department next year to help the company produce a more diverse range of fabrics. The company says it wants to meet growing demand for products with a variety of looks and textures from its clients, which include several major European brands.…
BOTSWANA’S FIRST PRIVATE UNIVERSITY EYES INTERNATIONAL STUDENT EXPANSION
Botswana’s first private university, the Malaysian-owned Limkokwing University of Creative Technology (Limkokwing Botswana), has continued to flex its muscles in this diamond-rich Southern Africa nation, taking advantage of a fast growing tertiary education sector. Botswana’s college and university student (aged 18-24) enrollment has grown from 11.4% in 2007/08 to 16.4% in 2012, or 46,613 students.…
EU PUBLIC PROSECUTOR’S OFFICE TO GO FORWARD WITH A LIMITED NUMBER OF COUNTRIES
THE ESTABLISHMENT of a European Public Prosecutor’s Office (EPPO) will proceed with a limited number of countries, after 11 of them lodged disagreements about its establishment by an October 28 deadline. The countries which will not sign onto the EPPO are Britain, Cyprus, the Czech Republic, France, Hungary, Ireland, Malta, the Netherlands, Romania, Slovenia and Sweden.…
EU TO MOVE GOALPOSTS ON TAX EVASION, WHILE OECD EXPANDS GLOBAL TAX INFORMATION EXCHANGE SYSTEM
THE EUROPEAN Commission is attempting to move the legal boundary where tax avoidance becomes tax evasion, criminalising some aggressive tax planning that has caused controversy across Europe. The move is one a number of recent practical tax and anti-fraud law reforms that Brussels has been pushing to help tax authorities in the European Union (EU) collect reasonable levels of revenue.…
OLAF OPERATION HALTS ITALIAN INTERNATIONAL DEVELOPMENT SCAM
AUTHORITIES in Italy have seized and frozen assets belonging to a Rome company that abused financing from the European Development Fund (EDF) destined for development projects in some of the poorest parts of Africa.
The action follows a joint investigation – Operazione Pioggia nel deserto, or Operation Rain in the Desert – by the European Union (EU) anti-fraud office OLAF and the Italian financial police the Guardia di Finanza, which together uncovered frauds depriving the EU of more than EUR9 million.…
SRI LANKA SEEKS GLOBAL NICHE AS QUALITY KNITWEAR PRODUCER
THE SRI Lanka knitwear industry Joint Apparel Association Forum (JAAF) has been pushing the island’s government for reforms to help the sector continue its current growth. Tuli Cooray, secretary general of the Sri Lanka Joint Apparel Association Forum (JAAF) told Knitting International: “Last year from our total exports, the knitwear amounted to almost 47 per cent, a sharp increase from a share of 34 per cent in 2002.…