Search Results for: International law

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.…

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.…

Keith Nuthall
A EUROPOL-led crackdown on illegal immigration through international airports in Europe has netted 410 migrants trying to illegally enter the EU. Those arrested in the one-day swoop were mainly from China, South America and Africa. More than a quarter were detected at Paris airports; other important entry points were airports in Madrid and Dublin.…

Keith Nuthall
AS the European Union moves towards the mandatory application of International Accounting Standards for listed companies, the European Commission has proposed reforms to the existing directives that harmonise national accounting laws that will remain in place for other businesses.…

BY SWINEETHA DIAS WICKRAMANAYAKA
AN ADDITIONAL injection of IND Rupees 220 million, (US$4.5 million), is to be invested into Cochin International Airport Ltd, in Kerala, India, by five directors of the company, raising their stake to 26 per cent. The move is part of a plan by the company to expand its equity base to INDRupees 2,000 million, (US$40.8 million), from the current IND Rupees 900 million, (US$18.3 million), to liquidate high-cost loans that have been eating into its profits.…

Keith Nuthall
AIRPORTS Council International (ACI) Europe has accused European Union Member States of dragging their feet over the implementation of the EU’s airport security plan, involving the implementation of recommendations outlined in ECAC (European Civil Aviation Conference) Document 30. ACI Europe Director General Philippe Hamon called on governments to release money to pay for the reforms.…

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.…

BTY MARK ROWE
THERE is a clear moral argument that individuals and companies should nurture the Earth’s precious resources. But such a stance also makes profound economic sense since it reduces a company’s waste and improves efficiency. This is particularly the case for a tobacco company where every stage of the production, distribution and consumption of tobacco products has environmental implications.…

Keith Nuthall
THE EUROPEAN Union Council of Ministers has approved a root-and-branch reform of the European Union’s Financial Regulation, its accounting bible, which is designed to make the budgetary management of the EU more simple and efficient. The new system comes into force on January 1, 2003.…

Keith Nuthall
AS the European Union moves towards the mandatory application of International Accounting Standards for listed companies, the European Commission has proposed reforms to the existing directives that harmonise national accounting laws that will remain in place for other businesses.…