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KIMLENG KHOY – FROM KHMER ROUGE SURVIVOR TO DELOITTE COUNTRY DIRECTOR
The panoramic view from D22, a chic new restaurant and skybar, offers the local executive Deloitte has tapped to head up their Cambodian expansion a quick insight into a rapidly developing Phnom Penh. Once a low-lying urban sprawl, Cambodia’s capital city has begun to develop a skyline, with a handful of high-rise towers already in place and several more green-tarped construction projects underway.…
URUGUAY BEEF EXPORTERS SET TO BENEFIT FROM NEW TRACKING SYSTEM
BEEF producers in Uruguay are emerging as the most progressive and successful in Latin America with a universal system for electronically tracking cattle and a continued surge in exports.
The country’s accumulated exports of beef products for 2014 (up to December 6) reached 229,907 tonnes – an increase of 5,750 tonnes compared to the same period in 2013, according to the National Meat Institute (Instituto Nacional de Carnes – INAC), which monitors and promotes the meat industry.…
CENTRAL AMERICA RAISES ITS AML/CFT GAME, BUT HAS MUCH WORK AHEAD
Central America’s increasing exposure to money laundering is at least being recognised by the governments on the region, who are working both individually and collectively to combat the problem.
The region has strengthened cooperation, for instance. A key initiative is the Central American Integration System (SICA), a regional political organisation which coordinates government actions for Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Belize and the Dominican Republic regarding certain policy development and programmes, notably improving law enforcement.…
US MEAT EXPORTERS PLACING THEIR BETS ON VALUE PRIZED CUTS IN TAIWAN MARKET
US meat exporters are to launch inexpensive cuts of American corn-fed beef in the Taiwanese market, with demand for premium products being depressed by soaring prices for American beef, accompanied by lacklustre consumer spending power on the island. The US Meat Export Federation (USMEF) recently partnered with a Taipei five-star hotel to promote plate fingers, petite tenders, and clod hearts, which with prices between Taiwan New Dollars TWD250 (USD7.91) to TWD550 (USD17.41) per kilogramme would roughly cost half the price of the currently popular rib eye, fillet, and boneless ribs.…
IRISH ACCA ACCOUNTANT RUNS FINANCES OF DUBAI’S DREAM HOTEL
There is something of the fairy-tale about the luxury Atlantis The Palm hotel in Dubai. An impressive and elegant palatial structure, built next to the warm waters of the Gulf, this is a real signature building and business, with 1,537 bedrooms.…
IRISH ACCA ACCOUNTANT RUNS FINANCES OF DUBAI’S DREAM HOTEL
There is something of the fairy-tale about the luxury Atlantis The Palm hotel in Dubai. An impressive and elegant palatial structure, built next to the warm waters of the Gulf, this is a real signature building and business, with 1,537 bedrooms.…
KIMLENG KHOY – FROM KHMER ROUGE SURVIVOR TO DELOITTE COUNTRY DIRECTOR
The panoramic view from D22, a chic new restaurant and skybar, offers the local executive Deloitte has tapped to head up their Cambodian expansion a quick insight into a rapidly developing Phnom Penh. Once a low-lying urban sprawl, Cambodia’s capital city has begun to develop a skyline, with a handful of high-rise towers already in place and several more green-tarped construction projects underway.…
DOUBLE-EDGED SWORD OF GROWTH AND INSTABILITY IN MIDDLE EAST AND NORTH AFRICA NONWOVENS SECTOR
The Middle East and North African nonwovens sector is in flux. At the same time as extra capacity has come online, regional demand has been affected by political instability, forcing manufacturers to focus on exports and diversify their offerings.
“It is showing clearly now that the Arab Spring and political consequences have definitely delayed investment decisions by potential customers.…
TRADE EFFORTS MAY GET HIT BY MIDTERM VOTE, TEXTILE INDUSTRY EXPERTS SAY
CLOTHING industry leaders in the USA met on Wednesday (Nov 5) in New York and considered whether America’s mid-term elections on the previous day had made securing agreement on the critically important Trans-Pacific Partnership (TPP) more difficult.
With the opposition Republicans taking control of the US Senate, and consolidating control of its House of Representatives, the task of President Barack Obama in securing special rights to ratify a deal got harder.…
AFGHANISTAN TIGHTENS ITS AML PROCEDURES, BUT CITIZENS STOP USING ITS BANKS
Afghanistan is undergoing a transition of sorts. A new president has taken office who is keen to curb corruption and bolster business, while US-led forces are slated to be reduced, albeit a full withdrawal is not happening as expected. Meanwhile, Kabul managed to not be blacklisted by the Financial Action Task Force (FATF) in 2014, although major challenges remain in the war-torn country and the country remains on FATF’s watch list.…