Search Results for: London

BY KARRYN MILLER, IN HANOI

WITH similar tropical and sub-tropical climates giving personal care product consumers some similar requirements as regards skin care, the 10 countries that make up the Association of Southeast Asian Nations (ASEAN) region could be regarded as one by lazy marketers.…

BY MJ DESCHAMPS

NANOMATERIALS have been finding their way into cosmetics and personal care products for years now, but until recently, the term meant different things to different manufacturers – and almost nothing to consumers. It is not until the European Commission came out with a common European Union (EU) definition for nanomaterials last October – materials whose main constituents have a dimension of between 1 billionth and 100 billionth of a metre (or 0.000000001 metre) – that cosmetics companies finally gained a clear guideline under which to define certain properties of their products.…

BY MJ DESCHAMPS

WHILE cities such as Milan, Paris, New York City, and London have historically been seen as the global ‘fashion hubs’ – acting as meeting spots for high-end designers, fashion shows, luxury retail outlets and fashionistas – the rise of fast fashion has been diffusing that concentration a bit; making cutting-edge trends more accessible to the rest of the world.…

BY VILLEN ANGANAN, IN PORT LOUIS, MAURITIUS

Devanand Virahsawmy

*Fellow of the Association of Chartered and Certified Accountants ( FCCA).

*May 2010 to present – Mauritius minister of environment and sustainable development.

*2006-2010 – secretary general, Mauritius Labour Party

*2000 to 2006 – assistant administrative secretary, Mauritius Labour Party

*September 1995 to September 2000 – minister of public infrastructure

*December 1995 to October 1998 – minister of energy and water resources

*1984 to 1995 – chairman- Fuchsia Limited (textiles).…

BY VILLEN ANGANAN, IN PORT LOUIS, MAURITIUS

ACCA fellows can be found in many influential positions worldwide. And in Africa, they are often the backbone of financial and management best practice. That is certainly the case on the Indian Ocean state of Mauritius, where environment and sustainable development minister and ACCA member Devanand Virahsawmy, 62, belongs to the inner circle of prime minister Navin Ramgoolam, who secured a second mandate in May 2010 elections.…

BY ROBERT STOKES

CARIBBEAN jurisdictions are stereotypically seen as information black-holes whose minimal filing requirements for companies and trusts facilitate fraud.

Think Stanford International Bank and Westbond International Bank, two Antigua based vehicles for high-profile Ponzi schemes. Also, the Madoff scandal in the USA led to the liquidators of Fairfield Sentry – a British Virgin Islands (BVI) domiciled hedge fund that was among Madoff’s main victims – unsuccessfully trying to claim back money from investors who had legally withdrawn money from Sentry.…

BY CARMEN PAUN, IN BRUSSELS

As the European Commission considers the shape of a new tobacco products directive, the industry and health groups clash over its content. The industry wants this legislation to be science-based and fair to the manufacturers of a legal and popular product.…

BY MICHAEL KOSMIDES AND POORNA RODRIGO

NEW technologies in transport are offering delivery and wholesale managers potential fuel savings on their transport budgets, especially when the customer base is in a limited range from a wholesale hub. Some companies are looking at buying a fleet of electric cars and vans and assessing how much money can be saved – so depot managers used to operating standard combustion engine vehicles beware: green change could be looming.…

BY MICHAEL KOSMIDES, IN GREECE AND GERARD O’DWYER, IN HELSINKI

MINERAL experts in Greece and Nordic countries have agreed with the verdict of the European Geosciences Union’s recent annual meeting in Vienna that the European Union (EU) should exploit rare earths reserves in Nordic countries and Greece to improve its supplies.…

BY ROBERT STOKES

SWITZERLAND just signed a so-called ‘Rubik deal’ with Austria to safeguard Swiss banking secrecy in return for it levying withholding taxes anonymously on undeclared savings and investments held in Switzerland by Austrian nationals.

The bilateral treaty with Austria, start date 2013, follows those with Britain and Germany, and has raised the hackles of the European Commission, which has questioned these agreements’ legality under the European Union (EU) Savings Tax Directive, which tries to erase loopholes allowing depositors to squirrel money away from tax assessors.…