Search Results for: Dominican Republic
10 results out of 1179 results found for 'Dominican Republic'.
CHINA AIMS TO DEVELOP DOMESTIC HIGH-END TECHNICAL TEXTILES, BUT A LONG WAY TO GO
CHINA’S demonstrable skills in clothing and textile manufacture has yet to yield dividends in the technical textiles field, with the country still relying heavily on imports, especially for high-end products such as carbon fibre, high temperature fibre and medical textiles.
In 2011, China spent USD3.4 billion importing technical textiles, including woven and unwoven lines, mainly from the US and Japan – up 22.7% from USD2.77 billion during 2010, according to Beijing-based China Nonwovens and Industrial Textiles Associations (CNITA).…
US LAW ENFORCEMENT CRACK THE WHIP OVER COUNTERFEIT PARTS
AMERICAN auto makers have welcomed a judicial crackdown on selling counterfeit parts, accessories and diagnostic devices following a rapid succession of recent court cases in which China-based manufacturers and online sales have figured prominently.
“We support very stringent safeguards – the average vehicle on the road is 11 years old and has 30,000 components so the aftermarket parts business is so lucrative and there are an awful lot of ways to cheat the system,” said Dan Gage, director of communications and public affairs for the Alliance of Automobile Manufacturers (Auto Alliance), the leading advocacy group for the industry, representing the makers of 77% of car and light truck sales in the US.…
POLAND AND BALTIC STATES PUSH AHEAD WITH FRACKING PLANS
As Poland’s shale gas rush ramps up in earnest, companies offering locally-sourced minerals used in hydraulic fracturing look set to profit. The industry, nascent as it is in Poland, comprises a hodgepodge of contractors and subcontractors, each sourcing different materials from different places.…
ZAMBIA'S AIRPORTS UNDERGO RENEWAL
CHANGE is coming to Zambia’s Kenneth Kaunda International Airport, with the Zambian government embarking on an ambitious airports renewal programme, which will renovate Kenneth Kuanda International, along with three other international airports. These are Harry Mwaanga Nkumbula International Airport, in Livingstone; the Simon Mwansa Kapwepwe International Airport, in Ndola and the Mfuwe International Airport, in the country’s eastern province.…
THAILAND ACCEPTS EU BEEF IMPORTS – BUT BRUSSELS STILL HAS CONCERNS
THE EUROPEAN Commission has welcomed Thailand lifting its longstanding ban on bovine product imports from European Union (EU) member states, but has complained that Bangkok is insisting on expensive inspections for approved exporters.
Live cattle, beef, veal and other bovine products from Austria, Belgium, Britain, the Czech Republic, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Poland, Portugal, Slovakia, and Slovenia and Spain have been prevented from entering Thailand since 2001 over concerns about BSE.…
EMA PRIVATE-PUBLIC PROJECT RELEASES PHARMACEUTICAL DATABASES
PHARMACEUTICAL companies seeking pharmacovigilance and pharmacoepidemiology information from across the European Union (EU) can now consult two new databases. Created by the public-private partnership PROTECT project, they are the Drug Consumption Database and the PROTECT ADR [adverse drug reaction] database.…
INTERNATIONAL REGULATORY ROUND UP – MAJOR TRADE DEALS SOUGHT BY EU WITH USA AND JAPAN
EUROPEAN Union (EU) confectionery manufacturers and their suppliers stand to boost their export sales and reduce import costs with the launch of talks to forge the two largest bilateral trade deals ever sought by the EU – with the USA and Japan.…
EU SIMPLIFIED FINANCIAL RULES EXPECTED TO MAKE LIFE EASIER FOR ACCOUNTANTS
CHINESE auditors connected to big accountancy firms are facing a potential ban on them practicing before the US Securities & Exchange Commission (SEC). This might happen if a judge confirms they willfuly withheld details of audits or interim reviews of nine unidentified Chinese firms whose principal operations are in China but whose shares are traded in the US and who are the subject of ongoing SEC fraud investigations.…
MULTI-MILLION EURO SCRAP METAL VAT SCAM DISCOVERED
European Union (EU) police agency Europol says it has broken a sophisticated value-added tax (VAT) fraud, involving trading scrap metal between Hungary, the Czech Republic and Slovakia. The scam involves so-called ‘carousel’ or ‘missing-trader’ fraud where scrap has been sold in a chain or buyers, with VAT being charged on each sale.…
CZECH REPUBLIC’S TEMELÍN EXPANSION TENDER APPROACHES END GAME
THE BIDDING for a contract to expand Temelín nuclear power plant in the Czech Republic is approaching decision time, with the winner of the four-year long tender process to be chosen in 2013. Worth USD10 billion, the contract represents the largest public tender in the country’s history and has generated considerable debate, from safety issues and the distinctions between the various reactor designs and their technologies, to political and economic issues regarding everything from energy security to the deal’s transparency.…