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THE EUROPEAN Parliament has approved last month a binding workplace limit saying workers making and applying paints and coatings should not breathe air with more than 0.005 mg/m3 (milligrams per cubic metre) of chromium (VI) compounds – a widely-used mineral-based chemicals used in the paint and automotive sectors.…

Consumers in the United Arab Emirates (UAE) are becoming savvier about their beauty products and more conscious of what ingredients they’re putting on their skin and hair. This increasing awareness along with a widening choice of products is driving steady growth in the country’s natural and organic cosmetics and toiletry market.…

Demand is growing for a major international programme designed to support developing countries build up their tax audit capacity and – critically – the funding is there to meet that need. Launched as a joint initiative of the Organisation for Economic Co-operation & Development (OECD) and the United Nations Development Programme (UNDP) in July 2015 after an initial pilot phase, Tax Inspectors Without Borders (TIWB) sees tax experts work side-by-side with local officials in developing and emerging markets.…

FOUR Brazilian presidents (including the incumbent), dozens of lawmakers, nearly all governors, mayors of major cities, members of the judicial system and of the press, have been tainted with corruption allegations by the sprawling Lava Jato probe. It has had global impact as one of the biggest scandals in history.…

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.…

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).…

EU MINISTERS APPROVE DOUBLE TAXATION REDUCTION SYSTEM

THE EUROPEAN Union (EU) Council of Ministers has agreed a directive insisting that member states establish an effective system for resolving EU double taxation disputes. The system requires dispute resolution mechanisms to be mandatory and binding, with clear time limits.…

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.…