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The Turks & Caicos Islands (TCI) has been improving its AML record, even as its courts have taken eight years to hear financial crime cases against former political leaders, including past Premier Michael Misick. He is charged with money laundering, conspiracy to receive bribes, and conspiracy to defraud the government, related to his 2006-9 tenure.…

FASHION sector companies, across the value chain, are making continued efforts to leverage the potential of new artificial intelligence (AI) systems to boost sustainability through reducing waste and optimising production.  

Apparel supply chain experts speaking to Just Style have stressed how leading brands from luxury to fast fashion retailers are investing in AI to improve the efficiency and sustainability of their business models.…

The advent of large language model (LLM) artificial intelligence systems such as ChatGPT could be a major boon for anti-fraud professionals – but as with any innovative technology, it must be handled with care as the risks are assessed, experts warn.…

Against the backdrop of a still growing apparel manufacturing industry, with a diversifying export portfolio and a billion-dollar local apparel market, the Bangladesh textile chemical industry is thriving. Indeed, locally-owned and international companies in this south Asian outsourcing hub are increasingly setting up plants to reduce their import-dependence for finishing chemicals.…

The European Commission has proposed new legislation offering more flexibility to food technologists creating new foods based on altering the genetic structure of plants. A new suggested EU regulation would create streamlined controls for plants created by ‘new genetic techniques’ or NGTs, that are less rigorous than the existing assessments and restrictions undertaken for genetically modified (GM) foodstuffs.…

The International Federation of Accountants (IFAC) has called on the European Union (EU) to work with the International Sustainability Standards Board (ISSB) to better align new mandatory EU sustainability reporting standards with the ISSB model. IFAC wants ISSB standards to be a “comprehensive global baseline of sustainability disclosures”.…

The US Inflation Reduction Act (IRA) is pushing the European Union (EU) and the UK into paying more subsidies to attract battery electric vehicle (BEV) and battery production to Europe.

While the UK’s Advanced Propulsion Center (APC) forecasts 5 million more BEVs globally by 2030, requiring 3,306 gigawatt hours (GWh) in batteries, (1), the US and China may benefit more in production terms.…

Higher education students worldwide have been pushing solutions to target the UN Sustainable Development Goals (SDG), a Higher Education Sustainability Initiative (HESI) global forum https://sdgs.un.org/HESI in New York heard yesterday (July 17).

Veronica Dzeagu, chief technical officer, All-Africa Students Union (https://aasuonline.org/…

The bounce back from Covid-19 lockdowns to the key south-east Asian economies of Malaysia and Singapore have seen robust growth in both countries, boosting paint and coatings sales, although the Malaysian market has some fragility this year.

Economic growth in both ASEAN (Association of Southeast Asian Nations) members have been robust with data from the World Bank showing Malaysia’s GDP expanding from USD337.34 billion in 2020 to USD406.31 in 2022 (1) – its population being 33.5 million people.…

The Thailand paint and coatings sector is expanding faster than general economic growth in Thailand, expanding sales as the country transitions from military-dominated to democratic rule.

This southeast Asian powerhouse economy is projected to grow GDP by 3.9% in 2023, up from 2.6% last year due to stronger-than-expected export demand from China, Europe, and the United States, according to the World Bank (1).…