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Marcus Derwin, the new managing director at Australia’s largest privately-owned milk processing company United Dairy Power (UDP), has said the company will continue to trade, despite its parent entering receivership. This follows financier Rabobank forcing UDP’s parent company, Hong Kong-owned Five Star United Foods, into receivership on November 10.…

FEDERAL government USA civil aviation programmes are expected to proceed – for the most part – in 2015, with the US Senate approving a federal government budget for the current fiscal year on Saturday December 14. With President Barack Obama indicated that he would approve the bill, averting a government shutdown, federal aviation programmes look set to be funded through to September 30, which in the US government, counts for some security.…

Companies are being offered an increasing amount of advice, guidance and tools to fight the demand for and payment of small bribes such as cash and vouchers, benefits in kind such as tickets to sporting events, pre-paid phone cards, alcohol, tobacco and perfume.…

AS companies and government organisations implement more stringent fraud detection programmes, they are recruiting the best and brightest anti-fraud experts. Universities in North America, Australia, Europe and Asia are responding to demand for anti-fraud expertise by offering fraud prevention classes in accounting, criminology, and business degrees.…

The smuggling of auto parts and vehicles into Colombia is a billion dollar trade that has long shackled the sector’s potential for growth. This contraband trade now finds itself squeezed between market forces on one side and a government clampdown on the other, but industry opinion is divided over whether it will be enough to halt the smuggling wave.…

SOUTH Korea clothing executives have welcomed the bilateral free trade agreement signed on Tuesday (November 11) between China and South Korea, telling just-style this should ease the export of South Korean clothing exports to China. No details on rules of origin and duty elimination have been revealed, but South Korean textile industry insiders are nonetheless optimistic.…

The smuggling of auto parts and vehicles into Colombia is a billion dollar trade that has long shackled the sector’s potential for growth. This contraband trade now finds itself squeezed between market forces on one side and a government clampdown on the other, but industry opinion is divided over whether it will be enough to halt the smuggling wave.…

With the conflict in Syria into its fourth year, the pharmaceutical and health care sectors in the country have been decimated, while an estimated 9 million people have been displaced. More than 3 million refugees have fled Syria to neighbouring Turkey, Lebanon, Jordan and Iraq, according to the United Nations High Commissioner for Refugees (UNHCR) office.…

As a matter of urgency, the European Union (EU) should get involved in the common purchase of gas, Maroš Šefčovič, newly installed European Commission vice-president for energy has told an international meeting of experts in Brussels.

The meeting was called to discuss energy policy and competitiveness, topics claimed as one of the top ten priorities of the new Commission of president Jean-Claude Juncker, and policies that Šefčovič is charged with coordinating, with new energy and climate action Commissioner Miguel Arias Cañete.…

GREATER integration and cooperation among African states is needed to boost business and investment in the cotton, textiles and apparel sector of the continent, a three-day industry conference in Nairobi, Kenya, was told.

The Origin Africa event from November 10-12 brought together clothing and textile industry players and experts heard that national cotton apparel and fabric sectors within Africa were duplicating products when a collaborative approach could be more effective.…