Search Results for: hong Kong

BY MARK GODFREY, in Yunnan province, China

"MEDIOCRITY and non-merit are wrong!" The resolute call to excellence in Chinese characters greets visitors the lobby of the twenty floor hemispherical office tower to which visitors to Yuxi Hongta cigarette plant.

Run by the state-owned Hongta group, the Yuxi plant hires a staff of 2,500 to produce an annual 2.5 million cases of cigarettes, including iconic local brands like Yuxi, Hongmei and Hongtashan, as well as Imperial Tobacco’s West brand.…

BY DINAH GARDNER, in Macao

IT’S the world’s biggest casino. With 1,150 gaming tables and 3,400 slot machines, the US$2.4 billion Venetian Macau Resort opened its doors last month [August 28] in Macau, a special administrative region (SAR) of China near Hong Kong.…

BY KEITH NUTHALL

A BOOM in counterfeit clothing accessories being smuggled into the European Union (EU) has overshadowed a fall in the trade in fake sportswear, according to the latest figures from the European Commission. It says EU customs officials seized 30 million items of clothing and accessory fakes last year, up 175%.…

BY KEITH NUTHALL
THE BOOM in counterfeit cosmetics and perfumes being smuggled into the European Union (EU) is intensifying, according to the latest figures from the European Commission. It says EU customs officials seized 1.5 million counterfeit personal care products in 2006, up 128% on 2005.…

BY KEITH NUTHALL
A BOOM in counterfeit clothing accessories being smuggled into the European Union (EU) has overshadowed a fall in the trade in fake sportswear, according to the latest figures from the European Commission. It says EU customs officials seized 30 million items of clothing and accessory fakes last year, up 175%.…

BY KEITH NUTHALL

THE BOOM in counterfeit cosmetics and perfumes being smuggled into the European Union (EU) is intensifying, according to the latest figures from the European Commission. It says EU customs officials seized 1.5 million counterfeit personal care products in 2006, up 128% on 2005.…

BY MARK GODFREY, in Beijing
CIGARETTE counterfeiters have borne the brunt of recent Chinese government efforts to curb the country’s rampant trade in fake goods. However, Beijing’s recent efforts to rationalise and modernise the country’s cigarette industry – by some measures, the world’s largest – have unwittingly aided the counterfeiters.…

BY PAUL COCHRANE, in Abu Dhabi
HOW to better regulate the popular Middle East and south Asian alternate remittance system (ARS) known as hawala, which has been linked to money laundering, organised crime and terrorist financing, was the focus of the recent Fourth International Conference on Hawala at the Central Bank of the United Arab Emirates (UAE) in Abu Dhabi.…

BY LUCY JONES, in Dallas
Five years after the terrorist attacks on the World Trade Centre a major overhaul of Nevada’s anti-money laundering laws has effectively transferred regulation of the gambling industry from state to federal hands. From July 1st this year, casinos in Nevada will have to abide by the federal statute, Title 31, instead of Regulation 6A, a state law, which has been in place for more than 20 years.…

BY MARK GODFREY, in Beijing
CIGARETTE counterfeiters have borne the brunt of recent Chinese government efforts to curb the country’s rampant trade in fake goods. However, Beijing’s recent efforts to rationalise and modernise the country’s cigarette industry – by some measures, the world’s largest – have unwittingly aided the counterfeiters.…