Search Results for: South Africa

THE BULL run in the British rural land market is over, or at least has slowed to a trot. After rising by 149% over the 10 years to 2016, research by the property consultancy Carter Jonas indicates that that the value of British (UK, excluding Northern Ireland) farmland fell by more than 8% last year.…

IF there is a quality that gives many Israeli companies an edge internationally, it is innovation. And this trait can certainly be said to run through the work of Israeli apparel major Delta Galil, based in Caesarea, northern Israel.

“We could not succeed if we were not innovative” said Isaac Dabah, the company’s CEO of Delta Galil, in an exclusive interview with just-style, held at his office.…

With China losing its sheen as a low-cost manufacturing heartland, Bangladesh’s clothing exporters are tapping into this opportunity by diversifying into another new higher margin segment — suits.

Senior executives and analysts told just-style how potential larger profits are drawing in major manufacturers, who are now confronting the challenges of building technical knowhow, recruiting skilled labour and attracting global buyers available. …

NEW Zealand and Denmark have topped the table as the countries seen as the least corrupt worldwide in the latest Transparency International (TI) ranking, scoring 89 and 88 respectively. Coming bottom of the 2017 Corruption Perceptions Index (CPI), which rates countries from 0 (most corrupt) to 100 (the cleanest), are Syria, South Sudan and Somalia scoring only 14, 12 and 9 respectively.…

CONSUMERS do not like sales tax, and they are particularly sensitive to tax-based price increases when new taxes are introduced. So, it is maybe no surprise that personal care product sales in the Middle East have been dampened by the introduction of value added tax (VAT) in both Saudi Arabia and the United Arab Emirates (UAE) in January 2018, inflating beauty product prices.…

THAILAND maybe in political stagnation, with its military government unlikely to stage elections until November at the earliest, but its paint and coatings market is expanding robustly. Demand for coatings in Thailand, during the whole of 2017, was estimated at 510,000 tonnes worth USD1.5 billion, according to US-based consultancy for the chemical industry Kusumgar, Nerlfi & Growney.…

BEET and cane sugar exports from the European Union (EU) boomed in 2017, the year production quotas were scrapped (on September 30), according to figures released by the European Commission. They rose by 42.9% year-on-year, up from EUR631 million in 2016 to EUR902 million in 2017.…

A DRAFT agreement on how the UK will exit the European Union (EU) would preserve any existing mutual recognition of accounting and auditing qualifications within the remaining EU and a Brexited Britain. The proposed deal, released by the European Commission, says that EU and British accountants living abroad in the EU and the UK would retain “the right to pursue the profession under the same conditions as its nationals”, if they had already secured such recognition under existing EU laws on mutually recognising qualifications.…

SINGAPORE is to levy good and services tax (GST) on imported services from January 1, 2020, to help city state e-commerce service providers compete with foreign suppliers. B2B imported services will be taxed via a reverse charge mechanism. The move was announced in the government’s 2018 budget, that was announced on February 19.…

FINANCIAL crime experts are urging Indonesia to step up its war on terror financing and money laundering highlighting the south-east Asian nation’s vulnerability to these threats. The USA state department’s 2017 International Narcotics Control Strategy Report (INCSR) noted these threats are significant despite Indonesia neither being a regional financial centre nor an offshore financial haven.…