Search Results for: International business⊂mit=Search

Global negotiators continue to chase the dream of an international agreement on trading food and drink products, despite talks having continued, without agreement, since 2001. That was when the World Trade Organisation (WTO) Doha Development Round of talks were launched, with the key goal of revamping the WTO agreement on agriculture, which covers food and drink.…

The use of artificial intelligence (AI) to better detect fraud during audits has been welcomed by anti-fraud professionals, major accounting practices, IT vendors and researchers, but experts also warn that AI needs be used carefully, especially regarding false positives.

An Association of International Certified Professional Accountants blog released in July 2022, cited a Maryland, USA, auditor Samantha Bowling, many of whose clients are non-profits guarding their reputation for probity.…

An ACCA co-hosted conference in Dubai has heard how today, Gulf Cooperation Council (GCC) bloc companies should not view meeting ESG (environmental, social, governance) standards as an optional add-on, which may help marketing, but as a prerequisite for commercial long-term survival.…

A new national mandatory recycling regime announced last November (2022) (1) being introduced by Ireland’s government has local breweries shying away from canned beer formats.

“We wouldn’t consider cans now because the DRS [deposit return scheme] scheme is punitive in its execution,” said Richard Siberry, founder, GM and head brewer of Roscommon-based Black Donkey Brewing, a craft brewer with nationwide sales.…

The Philippines’ demand for coatings and paints is leaving the pandemic behind, with London-based market researcher Euromonitor International reporting that home paint retail sales in the Asian archipelago returned to growth in 2021. That year, they recorded Philippines Peso PHP15.4 billion (USD280 million), up from PHP14 billion in 2020 but still lower than the PHP18 billion in pre-pandemic 2019.…

Kenya remains east Africa’s economic powerhouse and its ability to supply and encourage the region’s paint and coatings sector remains strong. Sales in paints, varnishes, pigments and other related coatings are expected to grow by 2.86% annually until 2028, according to insights from Statista (1), a Germany-based provider of market intelligence and business solutions.…

An Australian sheep farmer is seeking to demonstrate how additional welfare concern for wool livestock can pay dividends in international clothing and accessory markets where consumers are increasingly concerned about sustainability issues.

This trend has been developing over time – the wool industry has in the past encountered condemnation from animal welfare organisations, such as Peta, whose hard-core campaigns continue and focus on Australia as a major producer country (1).…

The highly versatile material graphene is becoming increasingly popular in a variety of health and safety uses in nonwoven products, despite calls for further research to be conducted to assess its long-term impact on toxicity in humans and the environment.

Demand for graphene’s powerful antimicrobial and filtration qualities grew sharply during the Covid-19 pandemic, especially for incorporation in nonwoven masks.…

European Union (EU) lawmakers kicking off negotiations on the legal texts mandating the bloc’s future anti-money laundering (AML) framework May 11 are set to clash over key issues, notably the threshold for declaring a beneficial owner (BO).

The negotiations will involve the European Parliament, the EU Council of Ministers and the European Commission.…

The European Union (EU) knitwear sector is preparing to follow new detailed ‘best available techniques’ (BAT) on reducing industrial emissions as the EU considers revised legislation that might tell national regulators to take a hard line on their implementation. The European Commission has proposed a new EU industrial emissions directive that – as drafted – would tell industrial regulators to set limits on BAT-associated emissions levels “at the strictest achievable level for the specific installation” (1).…