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Government regulations to control pollution coupled with increasing consumer awareness for biodegradable products look set to drive a 50% uptick in the global bio-adhesives market over the next three years. Standing at USD6 billion in 2020, the worldwide bio-adhesives market is forecast to reach USD9.6 billion by 2025 at a CAGR (compound annual growth rate) of 10%, according to a 2021 report from analysts Market and Markets (1). …

Pakistan textile and clothing industry has witnessed many advances and retreats during the last 10 years. With the country operating a less draconian set of lockdowns than neighbouring countries in south Asia, it has leveraged recent investment by increasing clothing and textile exports.…

RUSSIA’S invasion of Ukraine has prompted a major increase in sugar prices, the UN Food & Agriculture Organisation (FAO) has said. Its FAO Sugar Price Index averaged 117.9 points in March, up 7.4 points (6.7%) from February, and up 20% year-on-year.…

A planned legally binding global agreement covering the lifecycle of plastics should hasten the regulation, proliferation and uptake of steps in the personal care product industry to eliminate plastic pollution, sector associations and experts.

Even before the decision in March (2022) by the United Nations Environment Assembly to conclude negotiations by 2024 on a pact to eliminate plastic pollution, cosmetics manufacturers of all sizes have been moving towards a more circular economy approach.…

The Covid-19 pandemic and latterly the Russian invasion of Ukraine has sparked an increase in cybercrime and fraud, and the halal sector – reliant on compliance with detailed production and sales standards – is a soft target for commercial criminals.

This fact is compounded by the proliferation of halal certificates as the sector expands worldwide.…

The European Parliament has voted overwhelmingly today (March 9) for a European Union (EU)-wide ban on golden passports or citizenship by investment (CBI) schemes by 2025. In a 595 for, 12 against and 74 abstentions vote, MEPs approved a report on ‘citizenship and residence by investment schemes’ (1) which said schemes operated by 12 EU countries (2) “pose several serious security risks for Union citizens” notably corruption and money laundering.…

To go after the money launderers, should law enforcement efforts be more oriented towards intervention in laundering networks to disrupt the movement and hiding of dirty money? Many AML specialists say yes – absolutely.

There is so much money to target.…

The Chinese government has been hindering international infant formula brands by encouraging the growth of domestic manufacturers while failing in its attempt to boost the birth rate, reducing overall demand.

The government has been rolling out its Action Plan for the Promotion of Domestic Infant Milk Formula published in May 2019, involving stricter manufacturing quality standards to improve faith in Chinese brands such as Feihe.…

NEW Zealand’s butter industry is thriving, despite the disruption of Covid-19 and now Russia’s invasion of Ukraine, with strong export demand particularly from China but also from other markets worldwide, especially in the ASEAN (Association of Southeast Asian Nations) bloc. Major exporter Fonterra is also looking ahead to a world that increasingly cracks down on carbon emissions, introducing the first carbon-zero certified organic butter made in NZ, reflecting how consumers are seeking more sustainability in their food purchases.…

With fraud levels booming – a PwC report released last May (2021) said 47% of more than 5,000 interviewees’ companies suffered an average of six frauds in the previous two years – anti-fraud professional salaries are growing. (1)

The Association of Certified Fraud Examiners (ACFE) will release its next anti-fraud sector salary survey in the summer, but Mason Wilder, an ACFE research specialist confirmed pay is “going up – as are most wages and salaries in professional fields”.…