Search Results for: Research

Saudi Arabia’s efforts to liberalise its society and economy are positively affecting the local beauty market. Ever since the global plunge in oil prices that led to the shrinking of the state’s budget, the kingdom’s government has embarked upon major economic reform.…

WITH natural beauty product sales increasing in many countries of the world, it is maybe not a surprise to hear that this is happening in Africa’s most sophisticated market – South Africa. Research indicates that the use by South African personal care product companies of phytochemicals, naturally occurring biologically active compounds in plants and algae, in formulations and plastic packaging, is on the rise.…

With its mega shopping malls, opulent standards of living and investor-friendly climate, the United Arab Emirates (UAE) has always been a strategic market for international beauty brands. The small nation of 9.27 million was ranked as the seventh biggest consumer of beauty products in the world by research firm Euromonitor International, with a per capita spend of around USD239 in 2016.…

MAJOR multinational corporations holding large volumes of client data and those offering cloud computing services are facing the risk of increased demands that they share records with regulators and law enforcers. Countries are preparing to ease and expedite data sharing for criminal investigations with foreign law enforcement authorities, and this can affect emerging markets as much as developed economies.…

IF Brexit did not pose a sufficiently large external threat to the Irish economy, another potentially major disruption is in the offing, via planned changes to European Union (EU) taxation rules on e-commerce.

Faced with the politically toxic reality that major American high-tech multinationals such as Google, Facebook and PayPal pay far less tax than might be expected given their huge profit, the European Union (EU) has been considering reforms to increase revenues from these giants.…

IF Brexit did not pose a sufficiently large external threat to the Irish economy, another potentially major disruption is in the offing, via planned changes to European Union (EU) taxation rules on e-commerce.

Faced with the politically toxic reality that major American high-tech multinationals such as Google, Facebook and PayPal pay far less tax than might be expected given their huge profit, the European Union (EU) has been considering reforms to increase revenues from these giants.…

THE COURT of Auditors – the European Union’s (EU) financial watchdog – has criticised the EU’s Single European Sky (SES) programme for failing to deliver its goals, saying it should be reviewed. The court noted in a report that EUR730 million had been spent on SES, with EUR3.8 billion spending projected by 2020.…

A LONG-TERM supplier for global big names such as Lacoste and Hugo Boss, Hong Kong-based shirt manufacturer Esquel is testing a new territory as it broadens its horizons sustainably – e-commerce clients who sell direct to consumers.

Earlier this year, it entered a partnership with NetEase, a major Chinese internet technology company but is also known for its newly established e-commerce business ‘NetEase Selection’ (NS).…

With its history of currency counterfeiting, drug trafficking, proliferation of weapons of mass destruction (WMD) and the laundering of related proceeds and payments, there is surely no state worldwide that has a worse money laundering track record than that of the Democratic People’s Republic of Korea (DPRK, North Korea).…

The lure of banking bonuses, lack of dedicated resources, ineffective implementation of compliance mechanisms and whistleblower protection schemes have all been blamed for incidents of financial organisations turning a blind eye to money laundering.

But it seems that regulators are increasingly unimpressed – a fact that money laundering reporters need to heed.…