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The United States Securities & Exchange Commission (SEC) has taken the unusual step of awarding a whistleblower involved in a company audit with a reward of more than USD300,000. Although individuals with audit or compliance responsibilities are generally not eligible for such awards, the SEC said it makes exceptions for whistleblowers who reasonably believes that a company’s conduct could impede an agency investigation.…

The Mauritius clothing and textile sector has been assessing its use of technology to reduce costs and boost efficiency as it mulls how to emerge from the Covid-19 pandemic in good shape to compete globally.

Avinash Goburdhun, managing director and owner of Wensum Ltd, a company supplying formal wear to the UK and USA, said: “More emphasis is being laid on the use of technology across the factories, with more lean production and supply chain consolidation to reduce airfreight costs.”…

A new Mauritius government plan designed to pull the country’s manufacturing industry into rude health after being buffeted by Covid-19 has proposed that the clothing and textile sector invests in the latest technology and uses it to leverage local design talent.…

Denim companies in Tunisia are pushing forward to create a sustainable circular economy segment, making high quality jeans from recycled fabrics.

The work is being encouraged by a European Union (EU) funded regional resource efficiency initiative called SwitchMed, which is led by the United Nations Industrial Development Organization (UNIDO).…

ARAB COUNTRIES MUST JOIN WEST IN DIPLOMATIC ENGAGEMENT WITH SYRIA TO FORGE NEW PEACE

After a 10-year-old civil war in which an estimated 400,000 people have died, calls for restoring diplomatic relations with the ruthless government of Bashar al-Assad, now controlling around 75% of the country, sound like bitter medicine.…

The Peruvian alpaca-based fabric industry is targeting a robust post-Covid 19 recovery by strengthening its international relationships through strategic alliances. Also, by focusing on innovation, this speciality wool segment is also trying to reverse declines in production and exports worsened by claims of cruelty by alpaca farmers made by USA-based campaign group PETA (People for the Ethical Treatment of Animals).…

In the car of the not-too-distant future, Japanese vehicle technology developer Kyocera Corp believes the dashboard, the engine bay, the front wheels and the front pillars of the vehicle will effectively have disappeared. 

At least from the perspective of the driver and/or passengers when inside the cab.…

The United States Securities & Exchange Commission (SEC) has rewarded whistleblowers with multi-million dollar pay-outs this autumn, including a record USD114 million announced on October 22. This was followed by a USD10 million reward on October 29, then USD28 million on November 3 and two days later separate payments of USD3.6 million and USD750,000 to two separate whistleblowers. …

The Peruvian clothing industry is criticising government aid programmes that are supposed to help companies withstand the Covid-19 pandemic, saying they have done little for apparel and textile manufacturers.

Carlos Penny, president of the textile committee at the Peruvian Exports Association (ADEX – Asociación de Exportadores), is especially unhappy how the Reactivate Peru (Reactiva Peru) and a national Business Support Fund have failed the country’s important clothing and textile sector.…

THE PHILIPPINES garment industry is preparing to petition the European Commission, asking it not to consider calls for the country to lose its Generalised Scheme of Preferences Plus (GSP+) access to European Union (EU) markets.

The call follows a resolution adopted by the European Parliament in late-September calling on the European Commission to temporarily withdraw Philippines access from the scheme because of human rights abuses.…