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Switzerland may be a small country of 8.5 million people, with an area of 41,285 km², 60% of which is mountainous, but its paint and varnish industry is substantial and growing, despite the Covid-19 pandemic. Of course, it helps that Switzerland is rich.…

A consensus is growing within Somalia’s higher education services that the current tertiary sector needs to be better aligned with the country’s developing labour market demands as its economy emerges from years of conflict.

There has been a significant level of agreement to the conclusions of a new report highlighting such concerns – ‘Somalia’s Education Sector: Fostering Skills Through A Demand-driven Education System’, co-produced by a think tank the Heritage Institute for Policy Studies and the City University of Mogadishu.…

Textile industry innovators are seeking to create and improve naturally coloured cotton, that can reduce or even remove the need for manufacturers to add dyes that can be expensive and generate significant levels of pollution.

Natural coloured cotton is not new, with Liv Severino, head of Empresa Brasileira de Pesquisa Agropecuária (Embrapa), the Brazilian Agricultural Research Corporation, a state-owned research corporation affiliated with Brazil’s ministry of agriculture, livestock and food supply, noting evidence that human clothes were made from such fibres in the Andes 5,000 years ago.…

A SHIFT towards home-based work during the Covid-19 epidemic has raised multiple challenges for AML/CFT regulatory compliance departments, from changes in consumer behaviour that affects transaction monitoring, to digitally onboarding new customers, and heightened risks of illicit crime and fraud.

The first few months of the Covid-19 pandemic and related lockdowns this spring especially stretched financial institutions’ regulatory compliance departments to their limits, said Patrick Gerard Dahill, head of AML and financial crime recruitment at Barclay Simpson, in London.…

THE EUROPEAN Union (EU) continues to struggle to clamp down on fraud within its revenue collection and spending programmes – making progress, but with major scams still emerging within the EU’s complex international decision-making systems.

In its latest annual ‘fight against fraud’ report (1) (2), covering 2019, the European Commission reports that 939 discovered irregularities were reported as fraudulent (8% of the number), involving EUR461.4 million in lost money (28% of that affected by irregularities).…

The takeover of troubled Greek cold cuts producer Creta Farms has been approved by a court, with Dutch-Bulgarian investment trust Impala Invest Group, which already runs food manufacturers in Bulgaria, to gain ownership.

A court of first instance in the Cretan city of Rethymno has formally approved a restructuring plan filed at the court by the new owner, which had been previously approved by the Greek banks and includes debt haircut of 64.12%.…

A PLAN to build a dedicated hydrogen pipeline network of almost 23,000 km within nine European countries by 2040 has been released by 11 European gas infrastructure companies. Enagás, Energinet, Fluxys Belgium, Gasunie, GRTgaz, NET4GAS, OGE, ONTRAS, Snam, Swedegas (Nordion Energi), Teréga and a consultancy Guidehouse call their proposed network a ‘European Hydrogen Backbone’.…

A LEGAL challenge has been made at the European Court or Justice (ECJ) to a new European Union (EU) regulation that orders sellers of paints and coatings containing titanium dioxide (TO2) – an important whitener –  to include health warning messages on packages.…

VIETNAM clothing industry insiders have told just-style that they are optimistic that the Vietnamese apparel supply chain will emerge strengthened from the Covid-19 crisis in 2021. This is despite an ongoing shortage of orders during 2020, only partly mitigated by switching production to make masks.…

THE UNITED Nations’ Food & Agriculture Organisation (FAO) has proposed creating a permanent ‘observatory’ monitoring cocoa markets, assessing value and costs, to help chocolate sales revenues be more equitably distributed throughout supply chains.

In a report called a ‘Comparative study on the distribution of value in European chocolate chains’, the FAO said such “objectified and cross-checked data” would aid “a multi-stakeholder discussion” at national and global levels on revenue sharing.…