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THE EUROPEAN Union’s (EU) financial watchdog, the Court of Auditors, has highlighted concerns about how Chinese knitwear exporters maybe exploiting loopholes in EU customs and VAT controls to evade paying proper amounts of these taxes.

In a report on shortcomings in EU import procedures, the court noted how Chinese traders were abusing EU customs procedure CP42, which allows an importer to bring goods into one EU member state without paying VAT, because they will be sold in another EU country.…

Australia has today (January 16) requested formal talks with Canada at the World Trade Organisation (WTO), where it will pressure the Canadian government to liberalise wine trading restrictions in four of Canada’ provinces. These are British Columbia (BC), Ontario, Quebec and Nova Scotia.…

TARGETING online fraud as businesses, government and consumers increasingly conduct business and transactions via the Internet is an increasing priority for anti-fraud technology providers.

Real-time identification of potential frauds is a key focus of new systems developed and released in the past year.…

Cynthia Corby is living proof that the sky is the limit for female accounting professionals. An audit partner and construction industry leader at Deloitte Middle East, the South African national has broken every glass ceiling in the industry. Not only was she the youngest audit manager ever in Deloitte South Africa at the age of 23, but 10 years later, she became one of the first female partners at Deloitte Middle East.…

The programme called ‘”From School To Work” Buddy Programme’, initiated by the Hong Kong Institute of Human Resource Management (HKIHRM), is set to be rolled out in January 2018 – marking the institute’s 40^th anniversary.

The six months long programme will offer “one-on-one, peer-to-peer mentoring and coaching for HR students in their final year of study in universities and academic institutions about career aspirations and goals,” HKIHRM president David Li said.…

Saudi Arabia’s efforts to liberalise its society and economy are positively affecting the local beauty market. Ever since the global plunge in oil prices that led to the shrinking of the state’s budget, the kingdom’s government has embarked upon major economic reform.…

*The wealthier personal care product markets of the Middle East and Africa are increasingly mature and segmented, with consumers looking for specialist lines such as organic and halal products. Brands need to develop quality formulations that meet these demands, while protecting the image and reputation of their overall product line.…

With its history of currency counterfeiting, drug trafficking, proliferation of weapons of mass destruction (WMD) and the laundering of related proceeds and payments, there is surely no state worldwide that has a worse money laundering track record than that of the Democratic People’s Republic of Korea (DPRK, North Korea).…

THE FIVE month-long diplomatic and commercial dispute between Qatar and the so-called ‘anti-terror quartet – ATQ’ of Saudi Arabia, the Saudi Arabia, Bahrain, the United Arab Emirates (UAE) and Egypt) continues and revolves around Doha’s alleged financial support for terrorist groups.…

HUMAN resources experts in Asia have challenged the widely-held belief that recruiting more and more younger ‘digital natives’ who grew up in the Internet age is the best answer to technological developments completely transforming traditional work environments.

Personnel specialists in the tech-innovation-driven economies of Singapore, Hong Kong and Malaysia believe that an older more experienced workforce might actually be more beneficial to organisations mastering digital development challenges.…