Search Results for: Ireland

Paul Simmons, Chief Financial Officer, Marriott International Middle East and Africa, provides a glimpse into running the finances of the region’s largest international hotel operator.

The Middle East – particularly the countries of the Arabian Gulf – is known for its impressive skyline of luxury hotels.…

A VOTE by the UK parliament to insist that Britain’s overseas territories introduce publicly available beneficial ownership registers by December 31, 2020, has sparked anger and dismay within these autonomous, mainly small island, jurisdictions.

An amendment to a UK Sanctions and Anti-Money Laundering Bill requires the British government to impose such registers on its OTs by this deadline, if the local administrations have not created their own.…

INDIA’S information technology hub of Bengaluru (Bangalore) is equipping its Kempegowda International Airport with a new biometric-based passenger authentication system while undertaking a major expansion with a new terminal and a second runway.

The security check will utilise India’s nationwide unique ID ‘Aadhaar’ database, which has collected finger prints and iris scans from almost all the country’s adult population – more than 1 billion people, and which already authenticates bank accounts and telephone subscribers.…

Dairy product manufacturers on both sides of the Irish border are becoming increasingly concerned about possible changes border arrangements between the Republic of Ireland and Northern Ireland, which could interrupt ingredients supplies, once the UK leaves the European Union (EU).

According to Dairy Industry Ireland (DII), the body that represents the interests of the Republic of  Ireland’s primary and secondary dairy processors, replacing the existing open border with a hard border after a planned Brexit transitional period to December 2020 could sever supply chains for some highly popular dairy-based exports: this could include Irish cream liqueur and Irish cheddar.…

The prospect of significant hikes in taxes and administrative red tape on Irish exports and imports travelling through the UK to and from the rest of Europe once Britain leaves the European Union (EU), has prompted Irish exporters to seek more options for direct maritime trade.…

Irish meat and livestock exporters could soon bypass the UK by shipping products directly to continental Europe, in a bid to avoid increased costs and customs checks at British ports, once the UK leaves the European Union (EU).

According to the Irish Exporters Association (IEA), around 67% of Irish exporters currently make use of the UK land-bridge to access continental markets.…

THE NONWOVEN adult incontinence market in Europe is offering hygiene product manufacturers and brands a chance to profit in a wider sanitary segment that has been and remains highly competitive.

Western Europe has a high per capita consumption in sanitary protection and a fiercely competitive retailing environment, according to Miles Agbanrin, an analyst for market researcher Euromonitor International.…

THE DECISION of the European Commission not to propose a harmonised European Union (EU) approach for excise duty on e-cigarettes and other novel tobacco products has been welcomed by the tobacco sector for avoiding punitive taxation on a nascent segment.

But should such rules ultimately be introduced the tobacco sector may not oppose them if they reflect the lower health risks involved in consuming such products by enabling lower excise duty bands.…

UK Prime Minister Theresa May has signalled that the British government wants to seek associate membership of the European Chemicals Agency (ECHA) if the country quits the European Union (EU), as planned, on March 29, 2019. In a speech at the Mansion House, London the PM said: “We would, of course, accept that this would mean abiding by the rules of [EASA] and making an appropriate financial contribution.”…

Meat producers and exporters in Britain and Ireland have called on policy makers to come up with more alternatives for a post-Brexit trade settlement between the UK, Northern Ireland and the EU.

The demands follow the publication by the European Commission on Wednesday (28 February) of a 120-page draft Brexit withdrawal agreement by the European Commission, which spelled out plans for Northern Ireland to remain within the EU’s customs union after December 31, 2020.…