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High inflation forces consumers and businesses to change their behaviours – and not always in positive ways: fillers for example, have sometimes been reducing the amount of food in cans, while maintaining the size of the packaging, and their prices. Unsurprisingly, this ‘shrinkflation’ has upset consumers and their representatives, highlighting a potential lack of transparency.…

California has passed a Climate Corporate Data Accountability Act, which would require US-based companies doing business in the state with more than USD1 billion in annual revenues to file annual reports publicly disclosing their Scope 1, 2 and 3 greenhouse gas emissions.…

Bangladesh’s globally important knitwear sector is facing a multifaceted crisis as work orders are falling, political instability and related diplomatic pressure is soaring, while the industry struggles to diversify its output as calls intensify for it to increase workers’ salaries. 

At the heart of the crisis are concerns that the country’s is losing ground in key Western markets.…

The Indian confectionery industry, which according to London-based market researcher Euromonitor International, is expecting sales of Indian Rupees INR335.92 billion (USD4.05 billion) in 2023, up 13.4% year-on-year, excelling with consolidation, automation and advanced packaging.

Growth is seen in almost every confectionery and sweet bakery segment, as per Euromonitor data.…

High inflation forces consumers and businesses to change their behaviours – and not always in positive ways: fillers for example, have sometimes been reducing the amount of food in cans, while maintaining the size of the packaging, and their prices. Unsurprisingly, this ‘shrinkflation’ has upset consumers and their representatives, highlighting a potential lack of transparency.…

Saudi Arabia’s universities are ramping up their efforts to boost their sustainability working within an unforgiving status quo of fossil fuel reliance, high energy and water consumption plus rising greenhouse gas (GHG) emissions.

Public and private universities have in recent years started addressing these challenges by fostering sustainability practices on their campuses and influencing Saudi society to become environmentally conscious. …

Digitalisation is not only changing financial products and services, it is also shaping new roles and responsibilities of internal teams, pushing businesses to rely more heavily on treasurers to manage their company’s environmental, social, and governance (ESG) KPIs, according to industry insiders.…

South America often eschews regional economic trends, with countries having sharply diverging fortunes, reflecting their contrasting economic interests and performance, as well as differing political records and policies. The paint and coating sector is not insulated from these trends, and while global issues such as the Covid-19 pandemic and Russia’s invasion of Ukraine affect all national markets and producers, in South America, the impacts are often manifested differently across the continent.…

South Africa’s paints and coatings market is expected to generate USD2.1 billion by 2026 after growing at an estimated 5.6% compound annual growth rate (CAGR) between 2021 and 2026. This is according to India-based market research and data analytics provider IndustryARC (1).…

Kenya is being opened as a potential outsourcing centre for European Union (EU) knitwear brands by a new EU-Kenya Economic Partnership agreement, now being considered for ratification by the EU Council of Ministers and the European Parliament (1). Once implemented, the deal will remove 12% and 9.6% EU duties charged on many knitted apparel exports from Kenya, potentially boosting a knitted apparel and accessory trade, growing in recent years.…