Search Results for: Malaysia

BY ANDY HOLDER

THE INTERNATIONAL gold market may be relatively small, but the metal’s rapid rise in price in the past 18 months to over US dollars USD1,400/oz(up from USD900) has given fraudsters the opportunity they need to tempt investors with some pretty audacious offers to join the ‘gold bug’ club.…

BY MARK GODFREY

VIGOROUS economic growth and stimulus spending in key growth markets such as Indonesia, Thailand and India is ensuring Asia remains a bright spot in the global US dollar USD100 billion paint and coatings sector. Yet in terms of raw material supplies, south-east Asia and India are not as geared towards production as China, which has been ramping up chemicals refining capacity largely through ventures between local and multinational firms.…

BY RAGHAVENDRA VERMA

HAS the world found the means to drive rapid growth of distributed power generation in the rural areas? Yes, believes a group of young entrepreneurs in India who are using the rice husk-fired gasification process to operate small generation units in off-grid remote villages.…

BY RAGHAVENDRA VERMA

INDIA’S home ministry has confirmed to the Money Laundering Bulletin that it will approach the Financial Action Task Force (FATF) with formal claims and evidence alleging Pakistan’s key intelligence agency is counterfeiting Indian currency.

A senior official from the ministry said the Indian government would approach the international body in next two to three weeks.…

BY BARBARA BIERACH

WHILE the Reserve Bank of Australia has a licence to print cash, two subsidiaries wanted one too, it seems – only using international sales agents to bribe foreign public officials over banknote printing contracts. Barbara Bierach reports from Sydney.…

BY MARK ROWE

WHEN it comes to palm oil production, there are – despite growing production in South America and west Africa – only two major players on the global stage – Malaysia and Indonesia. Cultivation in south-east Asia accounts for around 80% of the world’s global supply – which in turn reached a record high of 45.9 million tonnes in 2009-2010.…

BY LEE ADENDORFF

TREND forecasters and cool-hunters have spawned a global sub-sector of the fashion industry, with university courses, computer software and academic research making a science out of predicting fashion’s ‘next big thing.’

This is no easy feat considering the multitude of factors – politics, energy resources, economies and environment, not to mention ideology and people – that will play a part in shaping the world’s fashion tastes of the future.…

BY EMMA JACKSON

THE TEXTILE and clothing industry maybe almost unrecognisable from its organisation today in 10 years’ time: Chinese-owned offshore production; unstoppable e-commerce, demand for eco-textiles, shifting luxury markets to Asia’s new middle class, and higher prices for everyone, are just some predictions.…

BY EMMA JACKSON

THE TEXTILE and clothing industry maybe almost unrecognisable from its organisation today in 10 years’ time: Chinese-owned offshore production; unstoppable e-commerce, demand for eco-textiles, shifting luxury markets to Asia’s new middle class, and higher prices for everyone, are just some predictions.…

BY KEITH NUTHALL

SUGAR has been at the centre of continuing concern about fraud draining European Union (EU) budgets of duty revenue. The latest operational report from EU anti-fraud unit OLAF (which reviewed 2009) recalled how fraudsters made millions of Euros from exporting 3,400 tonnes of sugar from the EU to neighbouring non-member state Croatia via the Russian exclave of Kaliningrad.…