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DISCUSSIONS are to start at the International Civil Aviation Organisation (ICAO) about creating a network of trusted cyber-secure actors within the civilian air sector. With ICAO preparing for its Global Air Navigation Industry Symposium (GANIS) in Montréal from December 11-15, officials are readying themselves to consider how such a system would work.…

Contrary to common perceptions, fast fashion is not a fad in itself, indeed according to Sebastian Boger, a principal at the Boston Consulting Group (BCG), this swift industrial response to changing clothing market trends is here to stay. However, Boger advised the International Apparel Federation (IAF) World Fashion Convention, at Rio De Janeiro: “There’s still a long way to go before it’s a fully sustainable industry, in terms of social, environmental and ethical pulse.”…

PANAMA has been reforming its anti-money laundering (AML) regulations at a rapid rate as it tries to change perceptions of the country as a hub of money laundering and tax evasion. However, with serious loopholes remaining and grave doubts over its lack of investigative capacity, it remains some way from shedding its unwanted reputation.…

MYANMAR has made impressive progress towards building a system meeting international standards to fight money laundering and terrorist financing. But huge swathes of the economy still lie outside regulatory control, and rapid modernisation presents the authorities with fresh challenges.

The country’s ethnic and political fragmentation, with 14 states and regions with extensive powers, and its location in the opium-producing ‘Golden Triangle’ region, including Thailand and Laos, make it particularly vulnerable to the illicit drug trade and its associated dirty money flows.…

AFTER introducing digital printing and leading Bangladesh’s knitwear sector by example, the country’s knitting major, the Knit Concern Group, has said it will ramp up its capacity to digitally print 1 million metres of fabric monthly by 2022. Presently, the knitter, based in Narayanganj, near Dhaka, can digitally print 260,000 metres of fabric a month.…

Multinationals and suppliers in the personal care product sector are unilaterally implementing measures to reduce their carbon footprint in the wake of the 2015 Paris climate treaty, taking steps to reduce energy use, their impact on forests and cutting water use and pollution.…

THE PAINT and coatings industry in south Asia maybe thriving, but regional trade between countries is not – being restricted to exports of pigments, resins, solvents and additives from India to its neighbouring countries. Pakistan, Bangladesh, Sri Lanka, Nepal, Maldives, Bhutan and Afghanistan, as well as regional giant India, are all members of the South Asian Association for Regional Cooperation (SAARC), but they import most of their paint and coating raw materials.…

TEXTILE mill owners in Pakistan have expressed doubts over their government’s apparent enthusiasm to develop joint ventures (JVs) with their Chinese counterparts to boost dwindling export levels.

Pakistan’s textile minister, Pervaiz Malik, said at the 18th Textile Asia International Exhibition in Lahore recently that his government wants JVs with the Chinese textile sector and for his country to become a textile business hub for the Middle East, central and south Asia.…

SINGAPORE may be a global hub for business but the city state’s ministry of manpower is keen to ensure that its employers consider Singaporeans fairly for local jobs when recruiting. And currently there are nearly 300 companies placed on a government watchlist for not doing so, a ministry spokesperson told People Management.…

THE EUROPEAN Union (EU)-Vietnam Free Trade Agreement (FTA), on which negotiations concluded December 2, 2015, will open up “huge business opportunities” for Vietnamese garment companies, business experts agreed last month (September). They were speaking at an event jointly organised by EU business federation BusinessEurope, EuroCham [European Chamber of Commerce] Vietnam and the EU-Vietnam Business Network.…