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With its history of currency counterfeiting, drug trafficking, proliferation of weapons of mass destruction (WMD) and the laundering of related proceeds and payments, there is surely no state worldwide that has a worse money laundering track record than that of the Democratic People’s Republic of Korea (DPRK, North Korea).…

THE EUROPEAN metals industry has reacted positively to the European Parliament’s endorsement, on November 15 at a Strasbourg plenary meeting, of new European Union (EU) anti-dumping rules which are scheduled to come into force early next year.

However, sector representatives cautioned this week that while the proposals, first presented by the European Commission in November 2016, were stronger and clearer than past rules for erecting such protective duties, “the proof is in the pudding”.…

Money laundering in South Korea (formally the Republic of Korea – RoK) has been associated by law enforcers with domestic criminals, official corruption and ethnic Koreans living abroad – which is not particularly unusual.

But, South Korea has an additional exposure to money laundering – its close and difficult relationship with the world’s most isolated pariah state – North Korea.…

HUMAN resources experts in Asia have challenged the widely-held belief that recruiting more and more younger ‘digital natives’ who grew up in the Internet age is the best answer to technological developments completely transforming traditional work environments.

Personnel specialists in the tech-innovation-driven economies of Singapore, Hong Kong and Malaysia believe that an older more experienced workforce might actually be more beneficial to organisations mastering digital development challenges.…

MORE could be done by the Indonesian government to improve the opportunities for job seekers as unemployment figures continue to rise, say HR experts.

While the IT sector is set to drive the economy forward, the skillsets of local would-be employees are still lacking and a push is required towards stepping up education levels, they warned.…

HUMAN Resources experts across east and southeast Asia need to rethink what can be overly-automated hiring processes, lacking in personal touch, say some experts. Indeed, there is a need to rehumanise the candidate experience, according to a new study which found that too much automation puts off prospective candidates rather than attracts them.…

EUROPEAN Union (EU) member states and the European Parliament may decertify EU emissions trading system (ETS) allowances held by British companies from January 1, 2018, to protect the integrity of the ETS from a possible hard Brexit.

An amendment to ETS rules has been proposed by German Christian Democrat MEP Peter Liese, who is concerned UK energy, transport and other businesses will dump their allowances on the market, if it looks like the British government may fail to negotiate a transitional agreement over quitting the EU.…

IT has now been six years since the German entrepreneur Anke Domaske has been turning waste cow milk into dresses. Her business, QMILK, is based on manufacturing textile fibre from milk protein, casein, transforming raw milk that while not suitable for human consumption, is also “100% natural and from verified suppliers.”…

CHINA’S imposition of temporary safeguard duties to protect its sugar industry have been challenged at the World Trade Organisation (WTO), with sugar giant Brazil arguing Beijing’s tariffs break global commerce rules. In a signal that Brazil might be considering launching a disputes case against China, diplomats for the South American country told a WTO safeguards committee meeting that the duties broke the WTO agreement on safeguards and the general agreement on tariffs and trade (GATT). …

TECHNICAL textile brands are only too aware of the reputational risks posed by consumers purchasing performance clothing and gear to protect them from the elements in the great outdoors, whose manufacturing chemicals and processes are actually damaging the planet.

Environmentally harmful chemicals have been a mainstay in producing the highest quality durable water repellent (DWR) for outerwear, footwear and kit – including backpacks, tents and sleeping bags – with manufacturers apparently putting profits from this lucrative, burgeoning market ahead of ‘green’ credentials.…