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YOUNG PAKISTAN MICROFINANCE BOSS IS PIONEER IN HELPING THE POOR INVEST THEMSELVES INTO SUSTAINABLE INCOMES
Kabeer Naqvi, CEO of U Microfinance Bank Ltd, one of Pakistan’s fastest growing businesses, is clearly a man in a hurry. His bank – branded U Bank – is digitising quickly as it grows its deposits and its important lending business, that is pulling many thousands of Pakistanis out of poverty and into lives of sustainably growing income.…
FOOD FRAUD IS BIG CRIMINAL BUSINESS THAT CAN PUT BUSINESSES AND CONSUMERS AT RISK
AS online food sales boom to aid self-isolation during the Covid-19 outbreak, the risks of counterfeiting and piracy within the food and drink sectors will become more evident. This comes as regulators are mulling tougher action to fight this commercial crime.…
IRISH DIPLOMACY WILL WORK HARD TO ENSURE EU TAX RULES REMAIN LIBERAL, NOW BRITAIN HAS LOST ITS SAY
WITH Britain having finally bowed out from the European Union (EU) on January 31, Ireland has lost its allied English-speaking Atlantic-oriented member state, with which it has fought battles within the EU Council of Ministers against proposals for greater harmonisation of EU tax rules.…
MEXICO EYES DIGITAL TEXTILE PRINTING AS IT SEEKS TO BOOST TROUBLED FABRIC MANUFACTURING SECTOR
Mexico’s digital textile printing industry is poised for growth as the country’s textile manufacturers bet on the technology to cut costs, meet orders faster and widen exports to Canada and the United States, efforts that have gained in importance this year as the global economy reels from the spread of the coronavirus.…
USA STILL NON-COMPLIANT WITH SOME KEY FATF RECOMMENDATIONS, LATEST PROGRESS REPORT CONFIRMS
THE UNITED States has made slow but steady progress in improving its AML/CFT protections since it last received a detailed assessment from FATF in 2016, according to the global AML body – although it warns that the USA remains non-compliant with four FATF recommendations and partially-compliant with five.…
JAPAN’S PAINT AND COATING SECTOR FACES TOUGH TIMES AS COVID-19 HITS WHEN INDUSTRY’S OLYMPIC DIVIDEND ENDS
As with every business sector in every country around the world, Japan’s paint and coatings industry has been thrown into uncertainty over the full impact and longer-term implications of the coronavirus Covid-19 that has swept the globe since first emerging in China in December 2019. …
ASIAN PAINT AND COATING REGULATORY ROUNDUP - INDONESIAN INITIATIVE FOCUSES ON REMOVING LEAD FROM PAINTS
Indonesia’s industry ministry launched an initiative in February (2020) aimed at eliminating lead used in paint made and sold in the country. It involves the Indonesian paint industry, is part of the United Nations Environment Programme’s (UNEP) Strategic Approach to International Chemicals Management (SAICM) project and is funded by the Global Environment Facility (GEF), an international investment body.…
ASIA REGULATORY ROUND UP – MALAYSIA LAUNCHES USD57 BILLION COVID-19 SPENDING PROGRAMME AS ASIAN JURISDICTIONS REEL UNDER VIRUS OUTBREAK
MALAYSIA’S new United Malays National Organisation (UMNO)-dominated government has announced a Malaysian Ringgit MYR250 billion (USD57 billion) spending package to help the economy withstand the Covid-19 epidemic. This includes paying a monthly wage subsidy of MYR600 (USD137) for three months for employers with a 50% drop in business since January 1 for workers with monthly salaries below MYR4,000 (USD915).…
HIGH TECH COATINGS DELIVER BETTER FUNCTIONALITY AND ENVIRONMENTAL PERFORMANCE TO AIRLINERS
THE USE of paint and coatings by airlines is far more than the choice of an elegant trip for tail fins and fuselages. High tech coatings help aircraft operate efficiently and play an increasingly important role in helping planes fly smoothly, reducing drag and hence carbon emissions.…
EUROPEAN NONWOVENS INDUSTRY FOCUSES ON INNOVATION TO STRENGTHEN ITS INTERNATIONAL MARKET POSITION
WORRIES about the future of manufacturing in Europe are certainly not being applied to the continent’s nonwovens industry, which has been growing steadily in recent years. Indeed, last year, the overall production of nonwovens in Europe in 2018 grew by around 1.3% year-on-year to reach 2.76 million tonnes, (the most recent Europe wide figures released by industry association EDANA).…