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WILL Brexit increase money laundering through the UK, or will the British government’s October 2017 Sanctions and Anti-Money Laundering Bill (SAMLB) and the UK money laundering regulations 2017 adequately replace the European Union’s (EU) anti-money laundering directives (AMLD)?

British Labour member of the European Parliament (MEP) Claude Moraes has his doubts.…

The official publication of the Communist Party of Vietnam, Nhân Dân, has urged Vietnamese enterprises to increase the product value of textiles and garments by improving human resource development programmes, adopting advanced technologies and brand development.

In an unsigned editorial published in early March, Nhân Dân criticised Vietnam’s textile and garment sector noting that while it has reached double-digit growth rates in recent years, with a total export turnover exceeding USD31 billion in 2017, the products’ added value has been low, accounting for only 5%-10% of total worth.…

VISITORS to the INDO Intertex in Jakarta, Indonesia, will not only be introduced to the state-of-the-art textile and garment machinery, but also meet with potential clients, exchange business insights around key areas such as sustainability and energy efficiency and expand connections, organisers said.…

The INDO Intertex textile machinery exhibition will be staged in the Indonesian capital Jakarta next month to boost investment in a textile and clothing sector that is growing, the show’s project manager Paul Kingsen said. 

“The theme for this year INDO Intertex is investment growth acceleration.…

THE DECISION of the European Commission not to propose a harmonised European Union (EU) approach for excise duty on e-cigarettes and other novel tobacco products has been welcomed by the tobacco sector for avoiding punitive taxation on a nascent segment.

But should such rules ultimately be introduced the tobacco sector may not oppose them if they reflect the lower health risks involved in consuming such products by enabling lower excise duty bands.…

SINCE the 2015 nuclear agreement between Iran and the USA, the UK, Russia, France, China, Germany and the European Union (EU), foreign financial institutions have – in theory – been allowed to do business with Iran.  But the reality – as ever with relations with Iran – is proving to be a good deal more complex.…

UK Prime Minister Theresa May has signalled that the British government wants to seek associate membership of the European Aviation Safety Agency (EASA) if the country quits the European Union (EU), as planned, on March 29, 2019. In a speech at the Mansion House, London the PM said: “We would, of course, accept that this would mean abiding by the rules of [EASA] and making an appropriate financial contribution.”…

THE UK may have a formal relationship with the European Food Safety Authority (EFSA) after its planned March 29, (2019) departure from the EU, Prime Minister Theresa May has signalled in a detailed policy speech. Speaking in the City of London, she said: “We will also want to explore with the EU, the terms on which the UK could remain part of EU agencies…” And while not naming EFSA, she said – in theory – she was prepared to allow the UK to be bound by the rules of EU agencies, post-Brexit. …

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. …

CLOTHING and textile companies are grappling with new good practice guidance in supply chain management that was released by the Organisation for Economic Development & Cooperation (OECD) last May (2017). An OECD Forum on Due Diligence in the Garment and Footwear Sector was staged in Paris last month (January 30-31), attended by governments, businesses, trade unions and non-governmental organisations (NGOs) working within or having an impact on the apparel sector.…