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The sentencing of Elizabeth Holmes to 11 years’ jail in Texas last November (2022) for defrauding Theranos investors in a bogus blood test tech swindle is perhaps the highest profile female fraud case in recent years. It is proof that – yes – women as well as men are highly likely to commit financial crime if they have the opportunity.…

Bangladesh clothing manufacturers have been looking to expand export sales beyond their established markets in the European Union (EU), the United States, Canada and the UK, seeking new revenue in non-traditional markets such as Brazil, India, Japan and South Korea.

According to data from the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Bangladesh apparel exports for 2022 (calendar year) have sourced 16.1% of revenue from non-traditional markets – USD7.35 billion, out of overall apparel exports of USD45.7 billion.…

The China-Central Asian Summit that took place in China’s Xi’an in May 18-19 will positively affect Chinese textile and related input sourcing well beyond Central Asia, analysts’ comments and Chinese-language media reports indicate. China’s President Xi Jinping used the event, that was also attended by the leaders of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan, to unveil an ambitious plan to help elevate Central Asia to the next level of its development — from building infrastructure networks to boosting trade (1).…

The secretary general of the United Nations has called for a significant increase in education spending and investment so that targets in the UN’s sustainable development goal (SDG) for the sector are met. At present, said UN Secretary General António Guterres, in comments for the UN’s High-level Political Forum on Sustainable Development (HLPF) this month (July 10-19) https://hlpf.un.org/2023…

The May (2023) general election in Thailand which saw fully democratic parties win handsomely over the military-backed ruling United Thai Nation party could throw the country’s recent decriminalisation of cannabis into doubt.

The progressive Move Forward Party topped the polls, along with allies it commands a majority in Thailand’s parliamentary lower House of Representatives.…

The Qatargate scandal continues to encourage the European Parliament and other European Union (EU) institutions to tighten protections against graft and inappropriate influence, especially from non-EU governments.

Its key suspect Greek MEP Eva Kaili has been under house arrest since May and has (as of July) yet to revisit the parliament, where she remains a full member.…

Britain’s Barclays Bank has won a UK Supreme Court appeal, with justices saying that UK banks must act on all customer instructions and not be liable should a payment be fraudulent, such as being an authorised push payment fraud (APP) (1).…

Against the backdrop of a still growing apparel manufacturing industry, with a diversifying export portfolio and a billion-dollar local apparel market, the Bangladesh textile chemical industry is thriving. Indeed, locally-owned and international companies in this south Asian outsourcing hub are increasingly setting up plants to reduce their import-dependence for finishing chemicals.…

The bounce back from Covid-19 lockdowns to the key south-east Asian economies of Malaysia and Singapore have seen robust growth in both countries, boosting paint and coatings sales, although the Malaysian market has some fragility this year.

Economic growth in both ASEAN (Association of Southeast Asian Nations) members have been robust with data from the World Bank showing Malaysia’s GDP expanding from USD337.34 billion in 2020 to USD406.31 in 2022 (1) – its population being 33.5 million people.…

The Thailand paint and coatings sector is expanding faster than general economic growth in Thailand, expanding sales as the country transitions from military-dominated to democratic rule.

This southeast Asian powerhouse economy is projected to grow GDP by 3.9% in 2023, up from 2.6% last year due to stronger-than-expected export demand from China, Europe, and the United States, according to the World Bank (1).…