Licensed sport merchandise market threatened by counterfeiting; US Operation Team Player tackles problem
Following Ohio State’s win over the Oregon Ducks in the first college football playoff national Championship match, official Ohio State merchandise sales sky-rocketed, rising above the two-day sales levels of the two previous victors – Florida State and Alabama – in just 12 hours. Whilst major sporting events in the US give enormous boosts to the licensed sports merchandise market, they also see a rise in counterfeit sporting goods, which threaten the revenue of legitimate vendors.
Lear MoreSearch for inmate escapee leads to alleged smuggling operation run by exotic dancers
If inmate Jason Adams hadn’t escaped from his roadside work detail in September, Pasco sheriff’s deputies might not have found the crushed Four Loko cans or the spice packets or the Straw-Ber-Ritas.They might not have interviewed the two exotic dancers who told investigators they had romantic relations with inmates on the work detail and, authorities say, smuggled alcohol, tobacco and other contraband to the men.
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Steel sector requests Gov’t help as it faces another difficult year
The steel sector has sought Government support to overcome the challenges it expects to encounter this year, owing to supply exceeding demand and the growing pressure exerted by steel imports.According to the Viet Nam Steel Association, the total production capacity of the steel sector is estimated to touch 22 million tonnes, nearly double the consumption demand.
Meanwhile, Viet Nam has been unable to produce different kinds of steel and mostly relies on imports.
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Fuel smugglers are targeted
Bahrain and other Gulf countries are planning new legislation to curb fuel smuggling.Smuggling of fuel, including diesel, petrol and other products, is frequent across borders where different levels of fuel subsidies create price gaps that criminals can exploit.”The UAE Energy Ministry is working on a law to prevent smuggling of diesel or other products. Saudi is also working on a similar law, and some neighbouring countries also where it is subsidised,” UAE Energy Minister Suhail bin Mohammed Al Mazroui told a forum in Abu Dhabi.
Lear MoreGulf countries in plans to curb fuel smuggling
Bahrain and other Gulf countries are planning new legislation to curb fuel smuggling.
Smuggling of fuel, including diesel, petrol and other products, is frequent across borders where different levels of fuel subsidies create price gaps that criminals can exploit, said a report in the Gulf Daily News (GDN), our sister publication.
http://www.tradearabia.com/news/OGN_273313.html
Lear MoreAlibaba Group Holding Ltd Partners With US CSPC
Alibaba Group Holding has partnered with US CSPC to end sales of harmful products on its site. Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA) has partnered with the US Consumer Product Safety Commission (US CPSC) to clear out certain products that can be of any sort of harm to US consumers from its retail websites, according to CPSC.
Lear MoreFake eggs may replace oiling in bid to control seagull menace in Gloucestershire
They are the winged menace that terrorise the streets.But their days could be numbered as Cheltenham Borough Council bosses plot the downfall of the town’s booming seagull population.
The authority wants to gain control of the town’s urban gull population to minimise the nuisance and damage they cause.
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Del. Krupicka seeks big increase in cigarette taxes
File this in the “probably not going far in 2015” category: Del. Rob Krupicka (D-45th) has introduced legislation calling for a massive increase in Virginia’s cigarette taxes.
Under Krupicka’s proposal, the state tax would rise from the current 30 cents to $2 per pack, and the excise tax on “roll-your-own” tobacco would increase from 10 percent of the manufacturer’s sales price to 60 percent.
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Abbott product distribution faces monopoly queries
The National Steering Committee on the Prevention and Control of Smuggling, Trade Fraud and Fake Commodities has asked the Ministry of Health to adjust regulations to help firms import Abbott’s Ensure milk products in order to prevent monopoly.The move came after the committee reported that US-based Abbott Laboratories and its exclusive Vietnamese distributor 3A Nutrition Vietnam Co., Ltd appeared to be monopolising the distribution of the vanilla-flavoured Ensure original shake into Vietnam.
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Counterfeiting takes toll on economy
The business community has called for closer collaboration with regulatory authorities to fight the counterfeit menace to save businesses, consumers and the economy.Mr HazemChalabi, the acting General Manager of Silver Star Auto Ltd, distributors of Mercedes Benz vehicles and spare parts, called for a task force made up of the government, the private sector, consumers and civil society to conduct regular checks in the market to stem the influx of counterfeit products.
http://www.ghanaweb.com/GhanaHomePage/business/artikel.php?ID=342346
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