Search Results for: Dominican Republic

WHEN American personal care product giant Johnson & Johnson opened its shared-services centre in Prague during 2006, it employed 12 people and provided only in-group procure-to-pay services. Currently this Johnson & Johnson finance centre is the largest of the five centres the company operates worldwide in terms of staff numbers as well as the scope of services it provides to internal business partners.…

ACCOUNTING firms auditing overseas-listed Chinese companies are keeping a close eye on a draft regulation released by China’s finance ministry on April 29 which would restrict the roles that foreign auditors can play in this work.

This ‘Accounting Firms Cross-border Auditing Service Temporary Regulation’ would prevent accounting firms registered outside mainland China from carrying out au­dits alone for Chinese overseas-listed enterprises, in­cluding overseas listed enterprises with operat­ions in China.…

A DISPUTES panel has at last been formed at the World Trade Organisation (WTO) to consider whether Australia is breaking WTO rules by insisting since December 2012, under the Tobacco Plain Packaging Act 2011, that all tobacco products must be sold in plain packaging.…

HELPING AND ADVISING EUROPEAN CONSUMERS SHOPPING AND TRAVELLING ABROAD

WHEN CAN ECC-NET OFFICES HELP YOU?

• Air travel

So much can go wrong: flights can be delayed or cancelled; luggage can be lost or damaged; and hidden fees can be charged.…

THE EUROPEAN Bank for Reconstruction & Development (EBRD) is increasing its assistance to Ukraine, because of its ongoing political and military crisis, the development institution’s annual meeting has been told. The country is a core part of the EBRD’s eastern, central Europe and central Asia region of operation, along with Russia, which recently annexed Crimea, sparking a diplomatic firestorm.…

One of the main drivers of the Ukrainian revolution of February this year was the monumental levels of corruption within both the private and state sectors. Transparency International last year placed the country in 144^th place on its ‘corruption perceptions index,’ at par with Papua New Guinea and the Central African Republic.…

THE EUROPEAN Parliament, which represents the citizens of the European Union (EU) voted today (April 15) to introduce a mandatory system to handle emergency calls (eCalls) sent automatically by cars in case of a crash by 2017.

This decision was agreed in negotiations with the national governments back in March and endorsed today by MEPs (members of the European Parliament) in their last plenary meeting ahead of elections on May 22-25.…

WHEN the Trinidad & Tobago government in 2003 decided to close down much of the Caribbean country’s 300-year old sugar cane industry, it was described by detractors as one of the most politically ambitious moves in the history of the twin-island republic.…

Events in Ukraine continue to unfold in dramatic fashion: a government overthrown, Crimea annexed by Russia, pro-Russian separatists stoking unrest and grabbing government buildings in eastern Ukraine, and worries of a full-scale invasion. Weaved into these crises – and in many respects at the heart of them – is Ukraine’s oil and gas sector.…

NORWAY may have suspended military cooperation with its neighbour Russia over the Ukraine crisis, but it seems less keen to mothball its coordination on energy policy, notably in the high Arctic.

Norwegian and Russian energy companies have long been eyeing the potential hydrocarbon resources in the Barents Sea to the north of the Russo-Norwegian border, and both sides want to exploit them without causing major environmental problems.…