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European Union (EU) meat production is projected to start growing in 2014, according to the European Commission, as Europe’s economic recovery solidifies. This could be up 0.7% year-on-year for beef, veal, pigmeat, poultry, sheep and goat meat. However, exports might fall for pigmeat and poultry, with Russian import bans especially causing problems for pigmeat.…

The global market for halal food is expected to grow from USD698 billion in 2012 to reach USD830 billion in 2016, according to Malaysia’s department of Islamic development, and manufacturers in its country and neighbouring Thailand are competing to service this demand.…

Many eyes will be on a court room in Shanghai on July 29 when a Chinese judge will decide the fate of one of the most prominent investigators of fraud in China. The trial of Peter Humphreys and his wife Yu Yingzheng follows a year’s imprisonment for the two, who founded ChinaWhys, a Shanghai and Hong Kong-based firm that performed due diligence, credit checks (as well as investigations of staff for possible kickbacks or embezzlement) for western corporations in China.…

THE MIDDLE East cosmetics market is weathering the region’s current political and economic instability in the region. While the markets in the Levant are experiencing tough times, Gulf sales continue to grow. Retailers and manufacturers are also offsetting the losses incurred in depressed and unstable countries by exporting to burgeoning African markets.…

WHEN American personal care product giant Johnson & Johnson opened its shared-services centre in Prague during 2006, it employed 12 people and provided only in-group procure-to-pay services. Currently this Johnson & Johnson finance centre is the largest of the five centres the company operates worldwide in terms of staff numbers as well as the scope of services it provides to internal business partners.…

THE ORGANISATION for Economic Cooperation & Development (OECD) has secured agreement from its 34 rich world member countries to apply a new single global standard on automatic exchange of tax information. Endorsed by G20 finance ministers, the standard obliges countries and jurisdictions to obtain all financial information from their financial institutions and exchange that information automatically with other jurisdictions annually.…

THE EUROPEAN Commission has released details of how it plans to boost aviation tracking following the disappearance of Malaysian Airlines flight MH370. The Commission released a detailed note at a meeting of EU transport ministers in Luxembourg in Thursday (June 5).…

Big data is creating a growing range of opportunities that can help the global pharmaceutical industry develop and manufacture drugs more effectively. However, the industry faces a number of challenges in the way it manages and analyses the increasingly broad range of data that is available, with collaboration essential for the industry to capitalise on the potential of the big data explosion.…

IN 2012, after years of delays, Brazil instated a new money laundering law, finally bringing this economically vibrant and influential country more or less in line with international standards.  Two years later, what difference has it actually made?    

Brazil’s first official money laundering law (Law 9613) was enacted in 1998.…

THE INTERNATIONAL Civil Avition Organisation (ICAO) is pushing hard for a global aircraft tracking system in the wake of the disappearance of Malaysia Airlines Flight MH 370. But, while recommendations on aircraft tracking solutions will be issued later this year, binding standards may still be some way off.…