Search Results for: Dominican Republic

DATA has been released by the Organisation for Economic Cooperation & Development (OECD) that shows how African governments collect less tax as a proportion of their countries’ wealth than in Latin America and the Caribbean. Africa’s average 2015 tax-to-GDP ratio was 19.1%; compared to 22.8% in Latin America/Caribbean and 34.3% for the 35 richer countries within the OECD.…

COMPANIES and citizens defrauding European Union (EU) revenue collection (including
customs duties and cross-border VAT fraud) and spending programmes, may from 2020 face
direct criminal proceedings brought by a European Public Prosecutor (EPPO). The EU
Council of Ministers has approved establishing this new institution in 20 of the 28 EU
member states – Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Estonia,
Germany, Greece, Spain, Finland, France, Italy, Latvia, Lithuania, Luxembourg, Portugal,
Romania, Slovenia and Slovakia.…

International police agency Interpol and its European Union (EU) counterpart Europol have
announced what they say is the biggest hit ever against online piracy with law enforcers
taking down more than 20,500 websites selling counterfeit goods seized in 26 countries.
Participating countries were Albania, Austria, Belgium, Bosnia & Herzegovina, Britain,
Colombia, Croatia, the Czech Republic, Denmark, France, Greece, Hungary, Iceland, Ireland,
Italy, Latvia, Moldova, Norway, Peru, Portugal, Romania, Serbia, Spain, Ukraine, the USA
and China special administrative region Hong Kong.…

THE RUSSIAN government has expanded the range of meat and livestock imports that it is blocking from the USA and the European Union (EU) and other associated countries who have been imposing sanctions on Moscow over its annexation of the Crimea and support for Ukraine separatists.…

LAOS, or the Lao People’s Democratic Republic (Lao PDR), with its population of just 7 million, is the least developed member of the Association of Southeast Asian Nations (ASEAN) and a communist one-party state where corruption is rampant and transparency scarce. …

IT is no surprise that Singapore has a significant exposure to money laundering and terrorist finance. It is one of the world’s largest financial centres, a major free-trade hub and has neighbours where corruption and Islamic extremist insurgent groups remain are real threats.…

COMMERCIAL motivation coupled with a desire to make a difference in people’s lives is driving a new wave of social entrepreneurs in Singapore.

While social enterprise start-ups in Asia have traditionally been non-profit non-government organisations (NGOs), the new trend is for tech-savvy millennials to launch innovative and profitable, but also socially-inclusive projects.…

Industrial minerals experts in Somalia are calling for the passage of laws to guide exploration and mining for the sector, now that the country is at last moving towards stability after decades of civil war.

There is a consensus that Somalia has huge potential for producing industrial minerals, that could help re-establish the country’s economy.…

JAPAN’S paint and coatings sector is putting on a positive face and playing up overseas expansion efforts, as well as its traditional strength in innovation, but analysts are concerned about the longer-term outlook for domestic companies.

Sales of paint in Japan came to Japanese Yen JPY 675 billion (USD6.10 billion) in 2016, a marginal increase of around 1% on the previous year’s figure, according to the Japan Paint Manufacturers Association.…

AFTER it was discovered in February 2016 that Chinese cybercriminals had used the Philippines banking system and local casinos to launder USD81 million of the USD101 million they had stolen from the Bangladesh central bank (the Bangladesh Bank), Filipino officials vowed to strengthen anti-money laundering (AML) controls.…