Search Results for: Australia
10 results out of 1296 results found for 'Australia'.
MATERNITY SUPPORT GARMENTS SECTOR IS MAJOR GROWTH SEGMENT THAT REQUIRES STANDARDISATION WORK
It is maybe surprising that maternity support garments (MSGs) are still a niche segment, even though women of childbearing age constitute approximately one-quarter of the populations of developed countries. Indeed, tubular bands made out of cotton and elastane are still commonly used instead of MSGs across the world. …
THE OUTSOURCING/NEARSOURCING/RESHORING STRUGGLE WITHIN THE PROTECTIVE AND PERFORMANCE TEXTILE SEGMENTS
INTRODUCTION
The Covid-19 pandemic has sparked a reassessment of the model of relying on one or two outsourcing locations. It has demonstrated that when there is a major disruption caused by an emergency as serious as a pandemic, shipping and industrial processing can be disrupted.…
UNIVERSITIES ARE MAGNET FOR INTERNATIONAL MONEY LAUNDERING – SPECIAL REPORT
Higher education institutions are being warned they could be a target for money laundering, with fees being financed by the proceeds of crime, including corruption, which might also buy property, cars and other items for students.
The problem has been highlighted in a series of reports.…
APPAREL SECTOR: COUNTRY PROFILE BANGLADESH
The second-largest garment exporting country in the world, Bangladesh has grown its position as a key outsourcing hub since the 1980s.
With a global market share of 6.26%, according to the World Trade Statistical Review 2021 (1), “The industry has come a long way,” said Md. …
EUROPEAN UNION ACCOUNTANTS FACE NEW DETAILED DEMANDS ON HOW THEY FIGHT MONEY LAUNDERING
Accountants in the European Union (EU) are facing the launch of a more intrusive and proactive legal system fighting money laundering (ML) and terrorist finance (TF), designed to stem the flow of dirty money across borders.
These are huge. Impossible to count accurately, but the UN Office on Drugs and Crime (UNODC) has estimated that USD2 trillion is laundered annually worldwide from all types of crime, from tax evasion to sanctions busting and drug trafficking to white collar fraud.…
INDONESIA’S HALAL PHARMA SECTOR GROWS, BUT RELIANCE ON IMPORTED UNCERTIFIED INGREDIENTS IMPEDES DEVELOPMENT
Indonesia’s drive to require pharmaceutical products to be halal-certified is gathering pace, but the country’s pharma industry’s reliance on imported raw materials for medicines is impeding progress, officials and industry players say.
In October, Indonesia issued a government regulation requiring pharmaceutical products to be certified halal by 2029 for over-the-counter drugs and 2034 for prescription medicines.…
KENYA’S HALAL FOOD MARKET AND INDUSTRY IS GROWING, BUT EXPANSION COULD BE MADE MORE SUSTAINABLE
The halal food market and industry in Kenya, east Africa’s economic hub, is growing, say experts, although reforms in regulation and certification are needed to underpin the sustainability of this growth.
As elsewhere, said Eugene Jernigan, director of International Trade Policy and Development at the Action Green for Trade and Sustainable Development (AGTSD) organisation, that serves small businesses in Kenya, Covid-19 hit food service sales in Kenya, and that included halal outlets.…
UK HALAL FOOD INDUSTRY BEING DISRUPTED BY BREXIT
BRITAIN’S halal food market maybe growing, but the UK’s withdrawal from the European Union (EU) in January 2020 has been impeding the sale, production and export of such products, and the regulatory headaches may get worse in future.
Speaking to Salaam Gateway, Rizvan Khalid, managing director, of Euro Quality Lambs, a major England-based producer and exporter of halal sheepmeat, said trade red tape imposed since the UK quit the EU has imposed GBP500,000 of annual regulatory costs on his business.…
BANGLADESH PUSHING HALAL FOOD EXPORTS BY EXPANDING CERTIFICATION AND GOVERNMENT MARKET RESEARCH
The Bangladesh food industry is increasing its efforts to export halal foods to Muslim majority population countries. A senior government delegation is planning to visit Turkey and Indonesia this year to gather facts and advice on improving Bangladesh sales in these countries of halal food.…
AUSTRALIAN INNOVATION MIGHT HELP COUNTRY CHANGE FROM CLIMATE CHANGE LAGGARD TO BIOENERGY LEADER
Australia’s development of biofuel and bioenergy production and consumption has been hampered by the Covid-19 pandemic and some diversion of effort into researching and manufacturing renewable hydrogen in the past few years. However, this is about to change with the Australian government working on a Bioenergy Roadmap, which, as Petroleum Review went to press, was about to be released.…