Search Results for: International business
10 results out of 10933 results found for 'International business'.
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. …
UK FAILED TO PREVENT FRAUD WITH BOUNCE BACK COVID LOAN SCHEME, SAYS WATCHDOG
The UK’s National Audit Office (NAO) has said the British government failed to put adequate measures in place to prevent fraudsters stealing GBP4.9 billion (USD6.4 billion) through its GBP47 billion (USD62 billion) Bounce Back Loan Covid-19 recovery scheme. Launched in May 2020, the fund guarantees low interest loans to small businesses through commercial lenders of up to GBP50,000 (USD66,000) or 25% of turnover, and to ensure quick payments, allowed self-certification, the NAO noted in ‘The Bounce Back Loan Scheme: an update’ (1).…
POLAND CAN MANUFACTURING AND FILLING SECTOR OFFERS STRENGTHS IN INNOVATION AND SUSTAINABILITY
The Polish can manufacturing and filling industry continues to attract attention from major buyers and investors from around the world, aware that this strong and innovating national sector is able to rely on a strong, reliable workforce.
Global beverage giant PepsiCo, for example, has been drawn to the Polish can manufacturing industry.…
EGMONT GROUP SAYS MAJOR COMPANIES SHOULD BE ALERT FOR CHANGE IN MONEY LAUNDERING AS COVID-19 SHAKES UP GLOBAL TRADE
The Egmont Group is the global organisation linking financial intelligence units (FIU), which are the primary agencies in each country and autonomous jurisdiction worldwide charged with detecting and analysing money laundering and terrorist finance. The group’s chair Hennie Verbeek-Kusters spoke to Commercial Crime International in an exclusive interview.…
ETHIOPIA LOOKS FOR ALTERNATIVE EXPORT MARKETS AS IT FACES THE IMMINENT WITHDRAWAL OF AGOA BENEFITS
The impending withdrawal of Ethiopia from the USA’s Africa Growth and Opportunity Act (AGOA) because of human rights concerns will be disruptive and damaging to the country’s clothing and textile sector, a senior government official has told Just Style.
Bantiyhun Gessese, communications affairs directorate director at the Ethiopia Textile Industry Development Institute (ETIDI) said “AGOA has been a major incentive for domestic and international investors to export various types of light manufacturing products free of tax, while creating massive job opportunities especially for the youth.”…
AUTOMATION NOT YET ABLE TO FORCE MASS RESHORING – BUT THAT DAY MAY COME, SAY EXPERTS
The use of ‘sewbots’ that can replace human sewers and other robotics look set to transform the clothing and textile supply chain and facilitate reshoring or near-shoring to developed countries currently reliant on lower income outsourcing hubs, maybe thousands of kilometres away from buyers.…
CIVIL AVIATION SECTOR PUSHES AHEAD WITH SUSTAINABLE FUEL GROWTH
In 2019, before Covid-19 knocked the industry off a seemingly unstoppable growth trajectory, 95 billion gallons of fuel was burned by commercial airlines worldwide said statistical service Statista.
Speaking to Petroleum Review, International Civil Aviation Organisation (ICAO) deputy director for environmental protection Jane Hupe said analysis undertaken by the UN agency found “that, by 2050, it would be physically possible to meet 100 percent of international aviation jet fuel demand with sustainable aviation fuels, corresponding to a 63 percent reduction in emissions.”…
WHERE ARE ARABS IN THE DONKEY & ELEPHANT RACE?
Every four years, people worldwide, armed with statistics, predictions and expectations, gaze at traditional, smart, and portable screens, waiting for an anticipated globally important event. Some observers are enthusiastic, others are indifferent – but everyone awaits the results.
But this is no sporting championship.…
TECHNICAL ROUND UP – IOSCO SAYS REGULATORS SHOULD PUSH ESG DATA SERVICE QUALITY
The International Organisation of Securities Commissions (IOSCO) has called on regulators to proactivity ensure environmental, social, and corporate governance (ESG) ratings and data product providers perform at a high standard. In detailed guidance, IOSCO noted: “Their significance and usefulness will only continue as capital markets intensify efforts to support the shift towards a net zero economy.”…
TUNISIA’S TEXTILE SECTOR SHRUGS OFF COUNTRY’S POLITICAL TURMOIL AND TARGETS GROWTH
The leaders of Tunisian textile industry argue that their independent development plans will help them weather Tunisia’s ongoing political storms, staying on track in growing export and internal markets.
When President Kais Saied announced froze parliament and sacked Prime Minister Hichem Mechichi on July 25 (2021), there were initially scenes of jubilation, but these have morphed into fears about instability and uncertainty as he gathered power into his hands to rule by presidential decree.…