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Search Results for: hong Kong

10 results out of 961 results found for 'hong Kong'.

ARTIFICIAL REALITY TECH OFFERS GREAT BENEFITS TO TEXTILE COMPANIES – BUT THEY MUST ADDRESS THE SECURITY VULNERABILITIES



INTRODUCTION – SERIES

A series of reports from WTiN is exploring the need for the textile and clothing sector to protect itself against attacks from cybercriminals as it invests in new transformative Industry 4.0 technologies – extended reality, artificial intelligence and the Internet of Things.…

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GERMAN PAINT INDUSTRY HIT BY COVID-19 AFTER SUFFERING DECLINE IN SALES DURING 2019



GERMANY’S strong paint and coatings industry is facing a significant loss in sales because of the global Covid-19 pandemic – Germany expects a fall in economic output of up to 20% in 2020. Industry experts expect that the country’s coatings and paint industry will suffer accordingly.…

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TOP 10 MONEY LAUNDERING CASES



  • 1MDB SCANDAL IN MALAYSIA SEES USD BILLIONS STOLEN AND HIDDEN

 

Malaysia 1MDB scandal is one of the largest money laundering cases ever, worldwide, with Malaysian courts considering charges over how at least USD4.5 billion was stolen and then spent or laundered from Malaysian sovereign wealth fund 1Malaysia Development Berhad by former Prime Minister Najib Razak and his associates.…

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LETTING THE NUMBERS TELL THE STORY: HARVARD’S JOE O’REGAN AND THE GLOBAL CHALLENGES OF ACCOUNTING IN HIGHER EDUCATION



Joe O’Regan is a busy man, and busier than ever because of Covid-19, the novel coronavirus that has upended global life on an unprecedented scale.

“These past few weeks have been a complete game changer for all of us,” says O’Regan, FCCA, the director of Harvard University’s Global Support Services (GSS), a relatively new organisation within the university that supports students, faculty, and staff overseas — from responding to overseas emergencies to repatriating university affiliates in times of crisis.…

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ASIA REGULATORY ROUND UP – HK REGULATORS HELP COMPANIES SURVIVE CORONAVIRUS CRISIS



 

HONG Kong listed companies have been given an additional 60 days to file annual reports because of the Coronavirus pandemic, with the HK Securities and Futures Commission (SFC) and the Hong Kong Stock Exchange (HKEX) saying additional delays maybe approved on a case-by-case basis.…

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SOUTH KOREAN BEAUTY SECTOR IS STRONG, BUT WILL NEED TO INNOVATE TO COPE SUCCESSFULLY WITH COVID-19 CRISIS



With the Korea Cosmetic Industry Institute (KCII) estimating there were USD11.7 billion’s worth of South Korean-made personal care products (‘K-beauty’) sales in 2019, including nearly USD6.49 billion in exports, and more than 16,000 individuals and businesses officially licensed to provide cosmetic products and services, South Korea’s cosmetic industry has the innate strength it will need to cope with the Covid-19 crisis.…

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ASIA REGULATORY ROUND UP – MALAYSIA LAUNCHES USD57 BILLION COVID-19 SPENDING PROGRAMME AS ASIAN JURISDICTIONS REEL UNDER VIRUS OUTBREAK



 

MALAYSIA’S new United Malays National Organisation (UMNO)-dominated government has announced a Malaysian Ringgit MYR250 billion (USD57 billion) spending package to help the economy withstand the Covid-19 epidemic. This includes paying a monthly wage subsidy of MYR600 (USD137) for three months for employers with a 50% drop in business since January 1 for workers with monthly salaries below MYR4,000 (USD915).…

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HIGH TECH COATINGS DELIVER BETTER FUNCTIONALITY AND ENVIRONMENTAL PERFORMANCE TO AIRLINERS



THE USE of paint and coatings by airlines is far more than the choice of an elegant trip for tail fins and fuselages. High tech coatings help aircraft operate efficiently and play an increasingly important role in helping planes fly smoothly, reducing drag and hence carbon emissions.…

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CHINESE PAINT MARKET IS ROBUST, BUT APPROACHING MATURITY - INCREASING RISKS FOR COMPANIES BURDENED WITH INVESTMENT DEBT



As paint company conferences go, the Sankeshu Paint Co’s annual Chinese New Year gathering was special. A room of sales executives wearing matching blue suits and red ties were serenaded with ‘Zui Mei de Shen Hu’ – ‘The Most Beautiful Shenzhou My Home’),” sung by a soprano before chairman Hong Jie strode on stage to rally his assembled ranks to shout in unison company slogans, such as “Full product range!…

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ASIA REGULATORY ROUND UP – MALAYSIA DEMANDS SYSTEM BANKS BOOSTS RESERVES TO PROTECT AGAINST CRASHES



THE MALAYSIAN government has issued a Domestic Systemically Important Banks (D-SIB) Framework, which tells financial institutions of importance to Malaysia’s wider economy to hold minimum levels of reserves to protect themselves against troubled times. Mandatory ‘higher loss absorbency’ (HLA) requirements for listed systemic banks, ranging between 0.5% to 1.0% of risk-weighted assets, will come into force from January 31, 2021.…

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