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The oil and gas industry is reshaping its strategies, practices and values as it responds to global agreements on climate change and sustainable development. The 2015 United Nations Paris Agreement on climate change and the UN Sustainable Development Goals (SDGs) – which came into effect in January 2016 – are prominent among global governance challenges driving change in the oil and gas industry, but pressure just keeps building.…

THE PAINT and coatings sector in Egypt is growing, but its progress has been unsteady, reflecting its bumpy political progress since its 2011 revolution that brought down long-standing President Hosni Mubarak. While a construction boom dominated by huge public private partnerships (PPPs) is driving up sales of decorative paint, according to industry analysts, a weak automotive sector is holding back overall growth with slow sales of refinishing paint.…

Success and sustainability appear to be the buzzwords of a US nonwovens industry that is moving forward confidently, leading the north American sector, which it dominates in sales and production.

Having recovered from a slight downward turn in capacity following the recession, the US sector has returned to healthy growth and an improving economic outlook, coupled with ever-increasing applications for engineered fabric products.…

DESPITE significant progress in tightening anti-money laundering (AML) controls within Mexico, and significant progress in fighting the country’s notoriously violent drug traffickers, the fact is that the amount of dirty money laundered in the country remains eye-wateringly high. Despite headline grabbing events such as the arrest and extradition to the USA (in January) of key players like Joaquín ‘El Chapo’ Guzmán – leader of the Sinaloa cartel, underlying problems in Mexican AML policy remain, including budget cuts to AML-related law enforcement and concerns over a weakening of US-Mexico law enforcement cooperation following the election of President Donald Trump amidst anti-Mexican rhetoric.…

WHILE Jordan usually has a reputation for reliability, security and stability, the truth is that the Hashemite Kingdom is behind the compliance curve as regards anti-money laundering (AML) and combating the financing of terrorism (CFT) compared to many of its Middle Eastern peers.…

THE DIAMOND trade is still one of money launderers’ best friends due the precious stone’s high value to mass ratio, akin to the highest value banknotes that can be obtained. Indeed, it is maybe harder to trace diamonds than numbered banknotes, there is no reliable means by which the point of origin of a particular diamond can be ascertained just by examining it.…

AS the international glass market continues to recover from the global recession, experts predict emerging markets might be tempted to invest in plant development to manufacture their own flat glass rather than paying expensive import fees buying from one of the handful of major suppliers.…

Continued uncertainty over the legal and fiscal regulations governing Myanmar’s metal ore mining industry is deterring substantial foreign investment from medium-and-large western mining companies, although industry insiders remain positive about the sector’s medium and longer-term potential.

Since Myanmar’s previous military-supported government amended the country’s 1994 mining law in December 2015, in an attempt to modernise the sector’s rules and kickstart the industry, the National League for Democracy government (which took power last April) has been slow to address concerns raised by potential investors.…

SWEDISH public institutions have been buying substantial and growing amounts of Sweden-made meat between 2012 to 2016 and this trend is projected to continue, a survey has said.

The share of Sweden-produced product of meat bought by Swedish local authorities for schools and other services increased to 42.6% to Swedish Krona SEK3.4 billion (USD379 million) in 2016 from 33.2% in 2012, the Federation of Swedish Farmers (Lantbrukarnas Riksförbund – LRF) agribusiness developer Pirjo Gustafsson told GlobalMeatNews, quoting from a latest LRF survey.…

AMERICA may have scrapped its major sanctions against emerging outsourcing centre Myanmar, and brought back the southeast Asian country’s GSP (Generalised System of Preferences) access to USA markets, but the impact on the clothing trade has so far been underwhelming.

Apparel factory owners in Myanmar say American buyers have simply not materialised in the numbers that some expected.…