Search Results for: Dominican Republic

EASTERN and central Europen markets for biocosmetics are a key growth area for personal care product companies, with some markets growing and others relatively untapped.

The region’s largest country, Poland (38 million people) is witnessing sales of bio-cosmetics surging at rates of 10% to 30% annually, according to producers and distributors.…

BY MARK ROWE; JONATHAN DYSON, in Zagreb; and ANDREW KURETH, in Warsaw

THE COUNTRIES of eastern and central Europe that came in from the cold in 1989 with the fall of the Berlin Wall have felt the economic chill in recent years, with recession affecting the fortunes of the cosmetics industry.…

SINCE 2007, Turkey has been on the receiving end of repeated warnings from Financial Action Task Force (FATF) to improve its combating the financing of terrorism (CFT) regime. While an anti-terrorism bill has now been passed, shortcomings still remain and new risks have emerged in Turkey’s difficult neighbourhood.…

THE COUNCIL of Europe-associated European directorate for the quality of medicines and healthcare (EDQM) and the State Administration of Traditional Chinese Medicine [TCM] of the People’s Republic of China (SATCM) have jointly staged a symposium on scientific assessments of TCM. Staged in Strasbourg, France, the SATCM’s deputy director general for international co-operation Wu Zhen-dou and EDQM director Dr Susanne Keitel pledged at the meeting to “continue their fruitful co-operation and to strengthen scientific exchanges between the two organisations.”…

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. …

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.…

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.…

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.…

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, 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.…