Search Results for: Singapore

BY KEITH NUTHALL
MINES and minerals ministers of the 10-member Association of South East Asian Nations (ASEAN) have agreed wide-ranging cooperation plans to promote their respective mining sectors. At the first of a series of ministerial meetings, (in Sarawak, Malaysia), an ASEAN Minerals Cooperation Action Plan (AMCAP) 2005-2010, containing 19 actions was approved.…

BY MATTHEW BRACE
FIGHTING money laundering is about getting your hands dirty. The Financial Action Task Force (FATF) may pronounce global standards that it would like jurisdictions to follow, but all governments need help, and often regional bodies are better placed to do the detailed work than more remote global organisations.…

BY KEITH NUTHALL
THAT criminals abuse the insurance industry is nothing new for a sector routinely screening claims for hints of fraud. However, its managers have proved far less alert to the risk of it being exploited by money launderers and terrorist financers, a new detailed report has claimed.…

BY MATTHEW BRACE
SINGAPORE’S economy is rejuvenating after the horrors of early 2004 when the threat of terrorism (both internationally and closer to home in South East Asia), and then the SARS virus hit the city state hard, shrinking demand for construction and hence the amount of money to be made by the coatings sector.…

BY KEITH NUTHALL
THE SEPTEMBER 11 attacks sparked a tightening of security restrictions around the world and the shipping industry has been a key focus. The latest initiative is the creation of a global system of biometric identifiers for seafarers. Keith Nuthall reports.…

BY KEITH NUTHALL

THE WORLD Trade Organisation’s (WTO) general council has permanently amended the Trade Related Aspects of Intellectual Property Rights (TRIPS) agreement to make permanent a 2003 waiver helping poor countries obtain generic medicines during health emergencies. The TRIPS amendment enables any WTO member country to export generic pharmaceuticals made under a compulsory licence to assist countries lacking their own manufacturing capacity and whose nurses and doctors would otherwise be unable to deal with a serious disease problem.…

BY SWINEETHA DIAS WICKRAMANAYKE
A RENOVATION and expansion of Yangon International Airport, Myanmar, is to be completed by the end of 2005 at a cost of US$36 million. The country’s construction ministry, private Myanmar company Asia World, Japan’s Taisei Corp., and Singapore architectural consultants CPG are involved in the scheme, the 7-Days journal reported.…

BY KEITH NUTHALL
GLOBAL corruption watchdog Transparency International has confirmed Britain’s place as one of the world’s cleaner countries, ranking it 11th in its annual league table of government probity. In a report containing few surprises, Finland, New Zealand, Denmark, Iceland and Singapore were lauded has having the most honest governments, while the graft-ridden administrations of Nigeria, Bangladesh and Haiti were bottom of the table.…

BY KEITH NUTHALL
SINGAPORE has lifted its notorious ban on chewing gum, approving the sale of 19 medicinal (including nicotine containing lines) and dental chewing gums in pharmacies, such as Wrigley’s Orbit. Customers must however submit their names and ID card numbers to pharmacists, who could be jailed up to two years without such documentation.…

BY KEITH NUTHALL
NOBODY likes to be on a blacklist, especially one written by the American government. But every year, the US state department issues a comprehensive rogues gallery of countries involved in the narcotics trade and related criminal problems. One surprising entrant: the United States.…