Search Results for: Polish

Transparency International and European Parliament members are warning that the latest tax dodge revelations unveiled by the International Consortium of Investigative Journalists show where criminals could exploit loopholes for corruption and money laundering. Published November 5, the so-called ‘Paradise Papers’ stem from 13.4 million files leaked to German newspaper ‘Süddeutsche Zeitung’ and include financial data showing how the British monarchy, Formula 1 champion Lewis Hamilton and rock star Bono, among others, have minimised their taxes through offshore tax gambits.…

EUROPEAN Union (EU) member states are hindering the fight against money laundering and tax evasion, the European Parliament’s committee of inquiry into money laundering, tax avoidance and tax evasion (PANA) concluded yesterday (October 18). These comments came as the committee adopted its report and recommendations after more than a year’s work following the Panama Papers leak of personal financial information revealing offshore business entities had been used for illegal purposes.…

Millennial consumers – the key driver of demand in today’s personal care product market – love personalisation, customisation and ‘do it yourself’ lines, and maybe nowhere more than in Germany. This ‘maker movement’ trend has inspired Cosnova, the Sulzbach, Hesse-based producer of cosmetic brands such as essence, Catrice and L.O.V.,…

The Egyptian Pounds EGP1.6 billion (USD90.5 million) Egyptian colour cosmetics market has had steady growth over the past year despite the downturn in the economy, the depreciation of the Egyptian pound and some serious regulatory challenges.

According to market researcher Euromonitor International, in 2016, this market grew by 18% in value terms, year-on-year, mainly influenced by the positive performance of lip care products, primarily lipsticks.…

THE CARIBBEAN may be a small and fragmented regional market but it is a hotbed of innovation in the personal care product industry, and a potential source of inspiration in formulation and ingredients for major brands.

Its island nations, politically independent and dependent territories, have long relied especially on the nearby USA for imports.…

Poland is facing a Salmonella crisis this summer but its poultry sector is unhappy that the European Commission is opposing the use of formaldehyde – an efficient tool to fight against the bacteria in animal feed. The European Union (EU) executive has drafted a regulation preventing its use because the European Food Safety Authority (EFSA) fears its possible inhalation might cause cancer in farm workers.…

GLOBAL knitwear outsourcing centre Bangladesh is expected to soon ratify the emerging market D-8 PTA preferential trade agreement, newspaper reports in Dhaka say, indicating the government may have loosened demands over rules of origin. Bangladesh has been pushing for its manufacturers to gain privileged access to D-8 markets (Iran, Indonesia, Malaysia, Pakistan, Nigeria and Turkey, as well as Egypt if it also ultimately ratifies), if 30% of value in a product is created within Bangladesh.…

GLOBAL knitwear outsourcing centre Bangladesh is expected to soon ratify the emerging market D-8 PTA preferential trade agreement, newspaper reports in Dhaka say, indicating the government may have loosened demands over rules of origin. Bangladesh has been pushing for its manufacturers to gain privileged access to D-8 markets (Iran, Indonesia, Malaysia, Pakistan, Nigeria and Turkey, as well as Egypt if it also ultimately ratifies), if 30% of value in a product is created within Bangladesh.…

RUSSIAN air traffic controllers in Smolensk have been blamed by Poland’s Deputy Prosecutor, Marek Pasionek, for the 2010 air crash in Russia that killed Poland’s president Lech Kaczynski and 95 other senior Polish politicians. Speaking at a press conference on April 3, Pasionek said that a detailed investigation had revealed “evidence that has allowed prosecutors to formulate new charges against air traffic controllers, citizens of the Russian Federation”.…

Shocking media images of dead animals and birds, killed by ingesting plastic in oceans have pricked the collective conscience of personal care product manufacturers and consumers as industry self-regulation over the use of harmful microplastics appears to have outpaced formal governmental regulation.…