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Pakistan’s retail banking sector is tapping into demand for Islamic consumer finance from religious-minded Pakistani expatriates via a government-backed digital accounts facility that enables remote buying of a property and a car in their home country.

In September 2020, the central bank, the State Bank of Pakistan (SBP), allowed the 8.6 million non-resident Pakistanis (NRPs) to open a bank account in Pakistan through a digital and online process, without any need to visit a bank branch in person.…

Transport coatings innovators have been increasingly integrating graphene into their products, as researchers continue to leverage the functionality delivered by a sustainable material whose honeycomb lattice nanostructure offers major durability without adding bulk.

Researchers from Poland’s Gdańsk University of Technology have highlighted graphene’s flexibility and ability to adapt to the “roughness and curvature of the substrate surface” as a boon within paint and coatings design, especially for hard wear and tear uses, such as transport.…

EUROPE’S dairy production and trade must not suffer from the implementation of the European Union (EU)’s farm to fork (F2F) plans (1), announced May 2020 and at the heart of the European Green Deal to “make food systems fair, healthy and environmentally-friendly,” dairy experts have told Dairy Industries International (DII).…

WITH around USD400 billion spent annually on AML compliance and government efforts to curb financial crime according to LexisNexis, AML experts are increasingly calling for more of this money to be spent on in depth and undercover investigations to follow money trails, delivering convictions and dirty money seizures.…

The Moroccan Textile and Clothing Industry Association (AMITH) is pushing ahead with a new strategic programme to develop backward linkages for its clothing industry command to enable it to grab more business as European and American brands consider nearsourcing their products.…

The first chair of the International Sustainability Standards Board (ISSB) has said a key goal of the creation of global sustainability standards in financial reporting will be fighting greenwashing, where companies make false claims about the environmental benefits delivered by their products and services.…

Major garment labels, technology innovators, environmental research companies and textile manufacturers are working hard worldwide to deliver sustainable solutions for cotton textile pre-treatment. Reducing levels of chemicals in wastewater, significantly decreasing the total amount of water used in processing in the first place and cutting energy use by as much as 75% are some of the benefits these new techniques are delivering to finishers.…

South Korea’s paint and coatings market is readying itself for a sustained rebound after 2021 saw it recover from declining sales in 2020 prompted by the Covid-19 pandemic. UK-based market researcher Euromonitor International’s Paints and Varnishes in South Korea report published in December 2021 showed that the country’s paints and varnishes production value declined by 0.9% year on year in 2020, to USD6.8 billion, but Euromonitor predicts the industry’s turnover will have fully recovered in 2021 to 2019 levels or beyond. …

THE EUROPEAN Food Safety Authority (EFSA) has declared it will impose an effective European Union (EU) ban on using bisphenol A (BPA) to make food contact materials coatings. It is consulting on plans to reduce a tolerable daily intake by consumers of BPA to almost zero – 0.04 nanograms per kilogram of body weight per day.…

In an age when competitiveness in the textile and garment manufacturing sector is increasingly measured by sustainability and on-demand production, efficiency in laundering finishing processes plays an important role for production companies. The textile sector has significant improvements it can make in sustainability – a 2017 report from the Ellen MacArthur Foundation, said the textiles industry’s share of the carbon budget, which is the amount of CO2 that humanity can emit while still having a chance to contain global warming, will grow from 2 per cent in 2015 to 26 per cent in 2050 if it failed to make environmental reforms [1].…