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World Consumer Rights Day 2023: Theme, Objective and Everything You Need To Know

Every year on March 15, the world observes World Consumer Rights Day to increase awareness of consumer concerns and rights. Governments all throughout the world raise awareness of consumer demands and rights on this day.

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Huge opportunity for use of AI in consumer redressal: Nandan Nilekani

Chairman, Infosys Technologies Limited, Nandan Nilelani listed the journey of digital finance in India and drew attention to important challenges that it can face in days to come.Nilekani was speaking at the World Consumer Rights Day 2022, ...

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Taiwanese actors Zhang Ting, Lin Ruiyang caught in alleged pyramid scheme as China regulator freezes $127 million assets

A cosmetics and skin care products company founded by married Taiwanese actors Zhang Ting and Lin Ruiyang has had assets worth 600 million yuan (S$127 million) frozen due to an investigation by China's market regulator over an alleged pyramid scheme. The market regulator in Shijiazhuang, the capital of northern China's Hebei province, said it had received several reports about a...

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Plastic pollution this year's most pressing consumer issue


By 2050 there will be more plastic in the oceans than fish. Photo: Wildoceanssa.
BUSINESS NEWS - Plastic pollution has become a global crisis and it comes as no surprise that Consumers International (CI), an international consumer organisation, chose “tackling plastic pollution” for International Consumer Rights Day.
Although plastic can be a highly useful material, our production and consumption of plastic has become unsustainable. According to the Pew Charitable Trusts & SystemIQ report,
Breaking the Plastic Wave, released in August last year, the flow of plastic into our oceans will triple by 2040 without major innovations and changes in policy and behaviour.
The report estimates that:

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Plastic pollution this year's most pressing consumer issue – The Citizen


By 2050 there will be more plastic in the oceans than fish.
100,000 marine mammals and turtles, as well as 1 million sea birds are killed by marine plastic pollution annually.
8 million tons of plastic enter our oceans every year.
Single-use plastics account for 50% of the plastic produced every year.
Half of all plastics ever manufactured have been made in the last 15 years.
40% of the plastic produced is packaging which is discarded after being used once.
The Pew Report makes it clear that tackling plastic pollution is a global challenge which requires coordinated, international solutions.
Consumers International says as a global consumer movement it is prepared to play a critical role in tackling the issue and promoting the sustainable consumption and production of plastic.

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