Brand protection with anti-counterfeting resins, percept technologies with TPEs
Proliferation of counterfeit goods spreads mayhem in businesses globally. Counterfeit and pirated goods are estimated to drain US$1 trillion from the global economy and rob more than 2.5 million people of legitimate jobs worldwide, as per Paris-based International Chamber of Commerce. New developments meets the needs of the packaging industry for brand protection with anti-counterfeiting resins, percept technologies, taggants, etc. A taggant can mean a radio frequency microchip used in automated identification and data capture. In such cases, electronic devices use radio waves to track and identify items, such as pharmaceutical products, by assigning individual serial numbers to the containers holding each product. This technology may prevent the diversion or counterfeiting of drugs by allowing wholesalers and pharmacists to determine the identity and dosage of individual products. A taggant is also a chemical or physical marker added to materials to allow various forms of testing.
Lear MoreLawmaker urges House to probe tobacco smuggling
A PARTY-LIST lawmaker urged Wednesday members of the House of Representative to conduct an inquiry on the alleged smuggling of tobacco products into the country. AAMBIS-Owa Party-list Representative Sharon Garin said that the government has been losing some P15.6 billion pesos in revenue annually in the illegal smuggling operations of tobacco products. Garin filed House Resolution 1542 directing the House committee on ways and means to conduct an inquiry to ensure that the government properly collects the revenues from tobacco products.
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Investigation finds smuggling at jails
Marijuana, narcotics, tobacco and alcohol are some of the contraband smuggled by correction officers at Rikers Island, in exchange for thousands of dollars from inmates’ relatives, an undercover city investigation found.
The city Department of Investigation released a report last week, about their months-long probe into the criminal activity and civil disorder at the country’s second largest correctional facility. They found that even when contraband set off metal detectors at the staff entrances, security personnel allowed correction officers to walk in without searching them.
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COUNTERFEITING: Man Bags 11 Years Imprisonment
The National Agency for Food and Drug Administration and Control (NAFDAC) has secured the conviction of a middle-aged man who specializes in counterfeiting various alcoholic drinks. A statement made available to LEADERSHIP yesterday in Abuja by the agency’s Director, Special Duties, Dr AbubakarJimoh, said that the landmark judgment was delivered by the Presiding Judge of the Federal High Court Port-Harcourt division, Justice R.M Aikawa who sentenced the accused person, Sunday Okeke, on a four-count charge of violating Counterfeit and Fake Drugs and Unwholesome processed Food Laws of the Federal Republic of Nigeria.
Lear MoreTurkey comes across biggest smuggling case to date
Turkey has launched a major operation aimed at bringing down a suspected gang that illegally brought in over 1,000 tons of beef from Paraguay, the customs minister has said, describing the haul as Turkey’s biggest ever smuggling case.
Turkish investors last week carried out raids on five storage spaces in the southern city of Mersin, where 1,044 tons of smuggled red meat had been stored, said Customs Minister NurettinCanikli.
“The meat was supposedly going to Syria and Iraq through the border gate of Cilvegözü, according to the customs documents. We, however, discovered that almost all of the meat was sold on the Turkish market without any duty being paid,” he said.
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Lawmaker urges House to probe tobacco smuggling
A PARTY-LIST lawmaker urged Wednesday members of the House of Representative to conduct an inquiry on the alleged smuggling of tobacco products into the country.AAMBIS-Owa Party-list Representative Sharon Garin said that the government has been losing some P15.6 billion pesos in revenue annually in the illegal smuggling operations of tobacco products.Garin filed House Resolution 1542 directing the House committee on ways and means to conduct an inquiry to ensure that the government properly collects the revenues from tobacco products.
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Honeywell’s major win against scanner counterfeiters In China
The Honeywell 7120 Scanner is one of the best-selling products in Honeywell Scanning & Mobility’s portfolio. Honeywell has announced a win to combat counterfeit products in Kaiping, Guangdong province, China. By working with the local Public Security Bureau, the owner of an underground operation accused of making and selling counterfeit Honeywell 7120 Scanners has been detained for further interrogation. This is another important victory for Honeywell in protecting its intellectual property rights and trademark, and the company’s determination to protect the interests of its consumers.
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Five per cent of medicines in Malaysia are counterfeit – Pfizer
About five per cent of medicines in Malaysia are counterfeit, the Emerging Markets Health Network estimates.Pfizer Director of Global Security Mark Robinson said although the prevalence is relatively low compared to other countries in the region, counterfeit drug is a growing concern in Malaysia.
http://english.astroawani.com/news/show/five-cent-medicines-malaysia-are-counterfeit-pfizer-48197?cp
Lear MoreSolon seeks congressional probe on cigarette smuggling in PHL
A lawmaker has asked Congress to investigate the illicit trade of cigarettes in the country, which cost the government close to P16 billion in uncollected taxes last year.In an effort to plug revenue loss, AAMBIS-Owa party-list Rep. Sharon Garin has filed House Resolution 1542 – calling on the House Ways and Means committee to probe into the smuggling of tobacco products.
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Solon seeks congressional probe on cigarette smuggling in PHL
A lawmaker has asked Congress to investigate the illicit trade of cigarettes in the country, which cost the government close to P16 billion in uncollected taxes last year. In an effort to plug revenue loss, AAMBIS-Owa party-list Rep. Sharon Garin has filed House Resolution 1542 – calling on the House Ways and Means committee to probe into the smuggling of tobacco products.
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