Search Results for: International business

BY KEITH NUTHALL
THE WORLD Bank’s International Finance Corporation has agreed to reschedule US$204 million of its loans to Star Petroleum Refining Company Limited, Thailand, which is 64 per cent owned by Chevron-Texaco. The Thai company’s overall debt is US$549 million.…

BY KEITH NUTHALL
WORLD Health Organisation boss Dr Gro Harlem Brundtland has presented international football federation FIFA with her Director General’s Award for opposing tobacco use, following the banning of smoking and cigarette advertising at this year’s World Cup. Previous recipients of the award have included the King of Thailand and the current Foreign Minister of South Africa.…

KEITH NUTHALL
APPLICATIONS have been made by the Nicaraguan and German governments for the trade in two hardwood species to be controlled under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). These species are, respectively, big-leaf mahogany (also known as Brazilian mahogany) and the tree-of-life (also known as pockwood or sonora guaiacum).…

BY MARK ROWE
MALAYSIA Airports Holdings (MAH) has won a joint contract to build and operate a new international airport in Hyderabad, India, which is expected to be in operation by 2006. MAH will be involved in the airport’s planning, development and operation.…

BY SWINEETHA DIAS WICKRAMANAYAKA
MACAO International Airport cargo volumes increased 40

percent year-on-year to 22,171 tons in the first quarter of 2002, while passenger numbers rose more than 15 percent to 953,097. Macao has been benefiting from its key position as a hub for traffic between mainland China and Taiwan, the Shipping & Trade News has reported.…

BTY MARK ROWE
THIS summer saw a watershed for BAT that may prove to be one of the most significant in the company’s 100-year history. It produced a Social Report, all 156 pages of it, outlining the company’s views on the sensitive issues that surround the business of producing tobacco.…

BY MONICA DOBIE
A HIJACKED tanker ship was recently retrieved for its rightful owners in a joint effort by the International Maritime Bureau and Thai marine police. The “Han Wei” disappeared two days after leaving Singapore in March containing 1,950 metric tonnes of gas oil bound for Yangon, (Rangoon), Myanmar.…

BY MARK ROWE
LAUNCHED in America in 1954, Kent is now sold in more than 70 countries and remains the pioneer of the micronite filter. BAT’s premier free-standing lights brand has been earmarked to add competency to BAT’s portfolio in the premium, lights and Adult Smokers Under the Age of 30 (ASU30) segment of the market.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation, of the World Bank, is investing US$10 million in Turkish tiles manufacturer Eczazibasi Karo Seramik A.S (EKS) to help the company overcome working capital shortages, improve production efficiency, and boost exports. The is part of the corporation’s ongoing support for Turkey’s private sector following last year’s financial crises, which restricted the flow of international capital.…

BY SWINEETHA DIAS WICKRAMANAYAKA
SUGAR buyers are being stung by fraudsters offering consignments of non-existent sugar via the Internet, the International Chamber of Commerce has warned. Its Commercial Crime Services department says some websites use “supermarket sales tactics” to advertise cargoes of sugar that never arrive, leaving unwary buyers who pay advances out of pocket.…