Search Results for: united nations

The old guard of the United States apparel and footwear industries better wise up to changes occurring all along the supply chain if they want to see their companies survive, the head of a leading Asian research center told a room of industry representatives in New York.…

THE INTERNATIONAL Labour Organisation (ILO) is running a project, largely funded by the European Union (EU), to improve compliance with labour and environmental standards for companies in Pakistan, mostly in the textile and leather sectors. The EU budget contribution is EUR12 million, with the remaining EUR600,000 being co-financed by the United Nations’ agency, which will take the lead in implementation.…

VIETNAM is working hard to develop an upstream parts manufacturing base, but this goal is proving hard to achieve and meanwhile, regional liberalization through the Association of Southeast Asian Nations (ASEAN) is threatening the country’s auto assembly segment.

In many ways, it is crunch time for Vietnam’s auto sector.…

THE SYRIAN car sector has been hit hard by the country’s ongoing civil conflict, now into its sixth year. From nearly 90,000 cars being imported into Syria annually before the rebellion against the rule of President Bashar al-Assad started in 2011, imports have now plunged to around 1,000 cars a year.…

WITH the economies of sub-Saharan Africa emerging from past poverty, informality and occasional chaos, the regularisation of the region’s public sector accounts is increasingly viewed as an important way of ensuring growing tax revenues are spent wisely.

As a result, accounting experts have been encouraged by growing moves to adopt International Public Sector Accounting Standards (IPSAS).…

THE MIDDLE East and Africa is certainly a promising regional market for nonwovens manufacturers, given the high level of economic growth in many countries and the rise of consumer-culture focused middle classes. But companies need to be sophisticated in their investment and sales tactics given the immense variety of economic and social fortunes experienced by countries in this most diverse region.…

A GOVERNMENT-industry partnership has been launched to strengthen Singapore’s fight against money laundering and terrorism financing (ML/TF). The country’s central bank, the Monetary Authority of Singapore (MAS) and the Singapore Police Force have created an Anti-Money Laundering and Countering the Financing of Terrorism Industry Partnership (ACIP).…

A GOVERNMENT-industry partnership has been launched to strengthen Singapore’s fight against money laundering and terrorism financing (ML/TF). The country’s central bank, the Monetary Authority of Singapore (MAS) and the Singapore Police Force have created an Anti-Money Laundering and Countering the Financing of Terrorism Industry Partnership (ACIP).…

A case detected last May (2015) at Lisbon international airport, Portugal, says much for the worrying scale of the laundering of illicit funds from Europe into mainland China. A nondescript Chinese couple travelling from Lisbon to Shanghai via the United Arab Emirates’ (UAE) Dubai was stopped carrying more than EUR1 million in large denomination notes found elaborately wrapped in ‘danger, chemicals’ packaging within packets marked ‘FRAGILE’.…

EUROPEAN Union (EU) pig meat producers were big winners in boosting export sales over between last March (2016) and February (2017), according to the European Commission, with receipts rising by more than 33% compared to the same period last year. The EU pigmeat sector earned EUR5.4 billion in export earnings from March 2016 to February 2017, EUR1.35 billion more than the same period in the previous year, leading the United States and Canada as the second and third most important pigmeat exporters, reported EU statistical agency Eurostat.…