Search Results for: South Africa
10 results out of 4361 results found for 'South Africa'.
EUROPOL’S NO MORE RANSOM SITE STOPS NEARLY EUR1 BILLION IN LOSSES
In five years, the Europol-hosted website ‘No More Ransom’ (NMR) (1) “prevented criminals from earning almost a billion euros through ransomware attacks,” the European Union (EU) police agency claims. Launching a new more user-friendly home for its ‘Crypto Sheriff’ app on Monday (July 26), Europol said that through 121 free tools, able to decrypt 151 ransomware families of this malware, the NMR repository has helped more than six million people recover locked files for free.…
EU/WTO REGULATORY ROUND UP – MAJOR EU RESEARCH FUNDING MADE AVAILABLE FOR FOOD AND DRINK INNOVATION
FOOD and drinks companies from across the European Union (EU) are now able to apply for research funding from the European Union’s (EU) Horizon Europe programme, which has a budget of around EUR95.5 billion. This spending will last until 2027, with companies generally needing to form international consortia focused on food, ingredients and packaging projects to secure funding.…
TECHNICAL ROUND UP - IASB AND FSB TOGETHER MULL AMORTISATION OF GOODWILL
The International Accounting Standards Board (IASB) will consider allowing the amortisation of goodwill, maintain some harmony with USA GAAP (generally accepted accounting principles). A joint US Financial Accounting Standards Board (FASB)/IASB education meeting discussed FASB plans to allow goodwill amortisation. “Most of those respondents commenting said that convergence on this topic with US GAAP was desirable,” said a meeting note.…
CHINA ‘GUOCHAO’ NATIONALISTIC DESIGN IS STRENGTHENING DOMESTIC PERSONAL CARE PRODUCT MANUFACTURERS’ MARKET POSITION
For evidence that China’s nationalistic ‘guochao’ consumer trend is gathering pace in the personal care product sector, look at the country’s powerful e-commerce sector. In February 2021, the turnover of cosmetics on China’s Taobao platform was Chinese Yuan Renminbi CNY14.7 billion (USD2.3 billion), a year-on-year increase of 11%, with the top brand in sales being the guochao-oriented personal care product brand Hangzhou-based Florasis Hua Xizi.…
TEXTILE SENSORS – DEEP DIVE
INTRODUCTION
Until now, the use of sensors within garments has been regarded as a specialist technical exercise, usually as a means of delivering medical information to doctors, nurses and other health-care professionals. However, production advances, especially the integration of sensors within yarns using nanotech and conductive fibre is opening up a wider range of more user-friendly functions that could bring sensor tech to the mass consumer market.…
GLOBAL MASK MANUFACTURING INDUSTRY AND MARKET WILL REMAIN ROBUST AFTER COVID-19
INTRODUCTION
THE MANUFACTURE of protective masks has been maybe the largest growth area in the international textile and non-wovens industry during the Covid-19 pandemic. Billions of people have donned masks as they seek to avoid catching a disease that by June 11 (2021) had killed 3.7 million people and infected 175 million [1].…
ANGOLA EMBARKS ON MAJOR HE REFORMS, CRITICS SAY THEY ARE NEEDED
The Angolan government has been implementing several measures to improve the weak reputation of its higher education system, such as stricter accreditation and assessment laws, with some experts saying these changes need to be implemented more comprehensively.
Since the current President João Lourenço took office in 2017, after almost 38 years under José Eduardo dos Santos’ command, the country has undergone significant change.…
EU MEMBER STATE MALTA PLACED UNDER FATF MONITORING AS CONCERN GROWS OVER ITS AML WEAKNESSES
THE EUROPEAN Union (EU) member state of Malta – along with Haiti, the Philippines, and South Sudan – have been added to FATF’s increased monitoring watch list, with all four countries promising to work with the global AML body to improve their dirty money controls.…
CHINESE GUOCHAO PRODUCTS STRENGTHENING AS MARKET NICHE – BUT YET TO CHALLENGE INTERNATIONAL BRANDS IN CHINA
China’s ‘guochao’ trend is picking up ever more steam, and observers warn that it might push foreign clothing brands’ China sales out of the comfort zone before long.
Guochao, which literately translates into ‘national tide’, is mainly captivating China’s Generation Z, whose expenditure accounts for 13% of average household income, compared with 4% in France and Germany, according to a survey cited by the South China Morning Post in April.…
VIETNAM’S PAINT SECTOR HIT BY COVID-19, BUT LOOKS FORWARD TO MEDIUM-TERM GREEN GROWTH
Covid-19 made 2020 an incredibly disruptive year for the global manufacturing sector and Vietnam’s paint and coatings sector did not escape the pandemic impact. This was despite that this south-east Asian country had an apparently low impact from the disease, with just 9,565 cases (as of June 9, 2021) and just 55 deaths from a 98 million population, albeit with a rash of new cases last month (June).…