Search Results for: Singapore
10 results out of 893 results found for 'Singapore'.
SINGAPORE-BASED TEXTILE MAJOR RGE LOOKS FOR RESEARCH AND INNOVATION PARTNERS, ESPECIALLY IN SUSTAINABILITY
THE COVID-19 pandemic and travel restrictions that followed may have slowed down fibre development and innovation in the past year, but Singapore-based world’s largest viscose fibre producer Royal Golden Eagle, known as RGE Pvt Ltd, is forging ahead. A company statement sent to WTiN said that its “USD200 million investment commitment in next-generation textile fibre innovation [over 2019-29] is regardless of economic cycles.”…
THE RECP - HOW THE WORLD’S BIGGEST FREE TRADE AGREEMENT WAS SIGNED AND HOW IT WILL CHANGE ASIA
Brief:
This article provides an analysis of why the world’s largest regional trade deal (in population terms) – the Regional Comprehensive Economic Partnership (RCEP) – was signed last November (2020). It assesses China’s role in this important political and economic event, and how it reflects its relations with other signatory countries.…
COVID-19 PANDEMIC HAS BOLSTERED SPENDING ON ANTI-FRAUD PROFESSIONALS
The boom in online fraud through the Covid-19 pandemic, at a time when new fintech is being rolled out, has grown demand for anti-fraud professionals.
The latest assessment released by the Association of Certified Fraud Examiners (ACFE) (published in December 2020), based on responses from 1,712 anti-fraud professionals, (49% of whom were in the USA and Canada), said that 41% of organisations (public and private sector) are planning to increase their overall anti-fraud budget in 2021.…
INDONESIA PAINT AND COATINGS SECTOR SET FOR STABLE GROWTH POST-COVID-19
The paint and coatings industry in Indonesia still has ample room for growth amid booming infrastructure development, although it has had to struggle with the ongoing Covid-19 pandemic, say officials and industry experts.
With the property sector being the primary growth driver Indonesian paint and coating sales, the high demand for new housing and the repainting cycle assures the steady demand for paint and coating products, said Mahendra Chahar, senior consultant at Frost & Sullivan.…
INDONESIA PAINT AND COATINGS SECTOR SET FOR STABLE GROWTH POST-COVID-19
The paint and coatings industry in Indonesia still has ample room for growth amid booming infrastructure development, although it has had to struggle with the ongoing Covid-19 pandemic, say officials and industry experts.
With the property sector being the primary growth driver Indonesian paint and coating sales, the high demand for new housing and the repainting cycle assures the steady demand for paint and coating products, said Mahendra Chahar, senior consultant at Frost & Sullivan.…
LOGISTICAL CHALLENGES CAUSED BY COVID-19 POSE MAJOR SUPPLY CHAIN PROBLEMS TO EUROPEAN AND USA CLOTHING RETAILERS
Unprecedently severe bottlenecks in merchandise trades between Asia and the rest of the world caused by Covid-19 economic disruption is continuing to frustrate apparel retailers in Europe and the US. High levels of demand, port congestion and shortages of containers have been pushing up costs, with shipping rates for the Shanghai-Rotterdam and Shanghai-Los Angeles routes on January 21 being up 296% and 153% year-on-year respectively, according to UK-based maritime consultancy Drewry. …
DEUTSCHE BANK FINED OVER USD130 MILLION FOR FOREIGN GRAFT
German banking giant Deutsche Bank is to pay more than USD130 million in the USA for a string of bribes its “business development consultants (BDC)” paid out in Abu Dhabi, China, Italy and Saudi Arabia, in breach of America’s Foreign Corrupt Practices Act (FCPA).…
AUSTRALIA’S ENERGY ‘TRANSITION ROADMAP’ HEAVILY RELIANT ON GAS
AUSTRALIA has chosen an unorthodox path in transitioning to a low carbon economy. Its centre-right government has advised the country’s clean energy agencies to decrease investment in renewables such as solar and wind and instead increase investment in hydrogen, carbon capture and storage, microgrids and energy efficiency.…
INDONESIA CHALLENGES LEGALITY OF EU PALM OIL BIOFUEL RESTRICTIONS
A WORLD Trade Organisation (WTO) disputes panel will assess whether import restrictions created by the European Union (EU) to reduce the use of carbon-intensive biofuels comply with global trading rules.
The Indonesian government is challenging portions of the EU’s renewable energy directive (RED) linked to EU guidance limiting the indirect land use change (ILUC) of biofuel feedstock cultivation.…
COVID-19 PANDEMIC HAS NOT JUST FORCED AMLOs TO WORK FROM HOME, BUT INCREASED THEIR WORKLOAD TOO, SAY EXPERTS
A SHIFT towards home-based work during the Covid-19 epidemic has raised multiple challenges for AML/CFT regulatory compliance departments, from changes in consumer behaviour that affects transaction monitoring, to digitally onboarding new customers, and heightened risks of illicit crime and fraud.
The first few months of the Covid-19 pandemic and related lockdowns this spring especially stretched financial institutions’ regulatory compliance departments to their limits, said Patrick Gerard Dahill, head of AML and financial crime recruitment at Barclay Simpson, in London.…