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THE EUROPEAN Commission’s ‘third circular economy package’ of pro-recycling reforms and regulations, proposed January 16 which contains an ambitious European Union (EU) plastics strategy, should be enshrined in hard law, with sector-wide targets, plastics industry experts have told Plastics News Europe.…

THE WORLD’S largest virtual currency (VC) Bitcoin is being buffeted by alleged abuse by organised crime. And with at least 1,500 other ‘cryptos’ in circulation, even if this most established VC becomes crime-resistant, others may not, seeking a market edge with anonymity features.…

In nearly three decades of public service in politics and accounting, Bermuda’s Patricia Gordon-Pamplin, FCCA, has earned a reputation as a warrior for fairness and good governance.

“I got actively involved in politics to fight a cause,” she says. “My personal approach to life is if you have the ability to do something you have the responsibility to do it.…

SINGAPORE is to levy good and services tax (GST) on imported services from January 1, 2020, to help city state e-commerce service providers compete with foreign suppliers. B2B imported services will be taxed via a reverse charge mechanism. The move was announced in the government’s 2018 budget, that was announced on February 19.…

FINANCIAL crime experts are urging Indonesia to step up its war on terror financing and money laundering highlighting the south-east Asian nation’s vulnerability to these threats. The USA state department’s 2017 International Narcotics Control Strategy Report (INCSR) noted these threats are significant despite Indonesia neither being a regional financial centre nor an offshore financial haven.…

The economic crisis, anti-smoking legislation, increased product taxation and new tax regimes for producers are taking their toll on the Greek manufactured tobacco market.

A surge in cigarette prices has depressed cigarette sales and increased fine cut tobacco sales, according to market researchers Euromonitor International.…

Efforts to safeguard the security of supply of gas to the European Union (EU) and its countries are gathering pace after recent EU regulatory changes. Gas transmission system operators (TSOs) are now developing a new, collaborative system for managing supply crises.…

WITH tobacco being a key driver of Zambia’s agriculture sector and a past reliable source of export earnings, a recent decline in leaf production has taken a heavy toll on this southern African country’s economy. Indeed, Zambia saw its agricultural foreign exchange earnings (of all farm-based products) fall by USD100 million in 2017, according to Zambia’s agriculture ministry.…

THE GLOBAL speciality chemical market has been showing steady gains over the past few years and is set to continue in its growth trajectory, according to latest data. According to data from Pune, India-based global research company Allied Market Research, the global industry was worth USD175.4 billion in 2014 and has since shown promising growth to USD184 billion in 2015, USD193 billion in 2016 and USD202.5 billion in 2017.…

EXPANSION within the paint and coatings industry and market in the United States managed to outpace the US economy in 2017, growing at about 3% in volume (regarding production) and over 3.3% in value (sales), ahead of the most recently recorded GDP growth rate of 2.6% as of Q4 of 2017.…