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LAOS, or the Lao People’s Democratic Republic (Lao PDR), with its population of just 7 million, is the least developed member of the Association of Southeast Asian Nations (ASEAN) and a communist one-party state where corruption is rampant and transparency scarce. …

PANAMA has been reforming its anti-money laundering (AML) regulations at a rapid rate as it tries to change perceptions of the country as a hub of money laundering and tax evasion. However, with serious loopholes remaining and grave doubts over its lack of investigative capacity, it remains some way from shedding its unwanted reputation.…

MALAYSIA is making progress in combating money laundering but political interference is still a problem in implementing policies and enforcing laws, experts have told Money Laundering Bulletin.

A dynamic upper middle-income country (USD9,850 per head gross national income in 2016, says the Word Bank), some of Malaysia’s ML and TF [terrorist financing] risks derive from its geographic position.…

MYANMAR has made impressive progress towards building a system meeting international standards to fight money laundering and terrorist financing. But huge swathes of the economy still lie outside regulatory control, and rapid modernisation presents the authorities with fresh challenges.

The country’s ethnic and political fragmentation, with 14 states and regions with extensive powers, and its location in the opium-producing ‘Golden Triangle’ region, including Thailand and Laos, make it particularly vulnerable to the illicit drug trade and its associated dirty money flows.…

NON-governmental organisations (NGO), aid agencies and charities are under increased pressure to abide by international and domestic anti-money laundering and terrorist finance regulations, such as those imposed by the UK, US and European Union (EU), including international sanctions. But it can be tough for NGOs to comply with such rules when operating in countries where there is civil conflict or civil war.…

IT is no surprise that Singapore has a significant exposure to money laundering and terrorist finance. It is one of the world’s largest financial centres, a major free-trade hub and has neighbours where corruption and Islamic extremist insurgent groups remain are real threats.…

THE SOUTH-EAST Asian kingdom of Thailand, has high profile vulnerabilities to money laundering, being known for its widespread sex trade sector its role in the international drugs trade, and also for being the base of human trafficking networks, according to the USA state department’s 2017 International Narcotics Control Strategy Report (INCSR).  …

Ethiopia’s energy sector is undergoing a rapid transformation, becoming a trail blazer for renewables growth in Africa. Although still one of the continent’s poorest nations in Africa (gross national income per capita just USD660 in 2016, says the World Bank), its potential for green energy production is massive.…

THE EUROPEAN Chemicals Agency (ECHA) has warned of the major impact on British finishing chemical companies and their trading partners in Europe, should the UK push ahead with quitting the European Union (EU) as planned, on March 29, 2019.

It has released a database seeking to advise chemical producers of how their legal obligations will change.…

AFTER introducing digital printing and leading Bangladesh’s knitwear sector by example, the country’s knitting major, the Knit Concern Group, has said it will ramp up its capacity to digitally print 1 million metres of fabric monthly by 2022. Presently, the knitter, based in Narayanganj, near Dhaka, can digitally print 260,000 metres of fabric a month.…