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Open source intelligence (OSINT) is becoming an increasingly attractive tool of choice for lawmakers and other bodies investigating and trying to prevent fraud. With so much data now available online, OSINT’s rich seam of data from newspapers, radio and television, academic papers, government and other public records, and commercial websites can provide exceptionally valuable information, especially when analysed by sophisticated big data analysis software. …

EU MINISTERS APPROVE DOUBLE TAXATION REDUCTION SYSTEM

THE EUROPEAN Union (EU) Council of Ministers has agreed a directive insisting that member states establish an effective system for resolving EU double taxation disputes. The system requires dispute resolution mechanisms to be mandatory and binding, with clear time limits.…

THE DIFFICULTIES that have surged in the diplomatic relations between the Mexican government and the new US administration of President Donald Trump have increased uncertainty within the Mexican personal care product market and industry.

With Mexico facing US demands to renegotiate the North American Free Trade Agreement (NAFTA), with the risk of the US imposing temporary safeguard duties on Mexican exports to protect American manufacturers, companies in Mexico are seeking to boost domestic consumption.…

SALES of personal fragrance products maybe on the rise among the 1.4 billion people market of mainland China, but thus far, growth is still almost solely attributable to millennials residing in the big cities, market researchers say.

Retail sales of personal perfume products grew by 8.9% in the whole of 2016 from the previous year to just Chinese Yuan Renminbi CNY6.1 billion (USD885 million), with the competitive landscape remaining firmly in the hand of foreign players, according to market researcher Euromonitor International.…

EU PROPOSES BOOSTING ANTICARTEL POWERS OF NATIONAL EUROPEAN COMPETITION AUTHORITIES

A DIRECTIVE has been proposed by the European Commission that would ensure that national competition authorities across the European Union (EU) have a minimum level of powers enabling them to enforce EU antitrust laws.…

GERMANY’S paint and coatings companies, backed by the country’s formidable research organisation the Fraunhofer Institute for Manufacturing Technology and Advanced Materials (IFAM), are pushing forward with developing innovative environment-friendly products. They are developing water-based protective coatings, sustainable coatings, biocide-substituting microbial protection and radiation curing, among other initiatives in the search to develop new products. …

Promoting women to corporate boards within the Middle East and elsewhere can directly improve profitability and change the way a company approaches its market, participants at a recent networking breakfast hosted by ACCA concurred.

Entitled ‘Women in Finance: beyond the numbers’, the event was held on February 2 at the Four Seasons resort hotel in Dubai and attended by senior finance professionals and leaders from the United Arab Emirates (UAE).…

Indonesian batik producers are turning to social media to boost sales, helping them maintain production when not only standard marketing and distribution channels are not delivering enough revenue but standalone websites and major e-commerce sites.

Rusydi Bawazir, producer of Nargis Batik Podhek, from Madura, East Java province, started online marketing three years ago by using website: nargis.web.id.…

A new European Union Observatory for Nanomaterials (EU-ON) database is set to go live in summer 2017. Its establishment will relieve the cosmetics industry which had feared earlier proposals to create a mandatory nanomaterials register, regarding it as a potential bureaucratic nightmare.…

Russia’s economic woes are well-documented, yet, rather than mirroring the financial downturn, its personal care market and industry has remained comparatively healthy. Beneath these encouraging figures, however, strong currents appear to be instigating long-term changes to the sector, notably an increasing preference for cheaper products by hard-pressed consumers.…