Search Results for: Singapore

BY MARK ROWE
SAND quarrying in Indonesia has been suspended for two months amidst claims by mining companies that they cannot afford new taxes and royalties imposed by the central government; investors have also blamed complicated licensing procedures designed to reduce smuggling.…

BY MARK ROWE
SINGAPORE has launched a 10-year strategy called “London Plus” with the aim of becoming a leading global integrated logistics hub offering aviation, maritime and land transport expertise. The country’s Economic Review Committee says Singapore should cut airport landing and parking charges at Changi airport and also recommends that special customs treatment for cargo at the airport’s free trade zone be extended to allow logistics companies to handle cargo outside these zones.…

BY MARK ROWE
GORY images of diseased lungs may soon appear on cigarette packs in Singapore, alongside health warnings in an amendment to the country’s Smoking Control Act. Images including pictures of tar-filled lungs on cigarette packets are to be put before the Singapore Parliament this autumn, according to Prime Minister Goh Chok Tong.…

BY MARK ROWE
VIRGIN Management (Asia) Ltd, the Asian arm of Richard Branson’s empire, is to expand its Virgin Vie cosmetics in Singapore, going head to head in south-east Asia with Estee Lauder, L’Oreal, and Shiseido, Japan’s largest cosmetics company. Branson also plans to spend a further US$2billion expanding his cosmetic and beverage businesses across the Asia-Pacific region.…

BY MARK ROWE
THE STAR Alliance group of carriers is interested in leasing the terminal space at Australia’s Sydney airport vacated by the failed airline Ansett. Investors backed by Singapore Airlines, a member of the Star Alliance, are believed to want to start up a new Australian domestic carrier by the end of the year.…

BY MARK ROWE
MONEY launderers looking to process their criminal gains look favourably upon south-east Asia. Authorities in the region are under-funded and overworked, while cash-transactions are a cultural norm, making it easy to ensure that money you would prefer not to be traced can simply disappear, with little likelihood that anyone will have the time to investigate the transaction.…

BY KEITH NUTHALL
SINGAPORE is seeking to develop its processed and ready-to-eat food sectors’ export performance in an attempt to offset problems in its high tech electronic and technology sectors.…

BY MARK ROWE
THE MALAYSIAN government is launching a new and powerful autonomous civil aviation authority, which is being set-up to help kick-start its plans to transform the new Kuala Lumpur International Airport into a regional hub to rival Singapore. The new agency will have a remit to establish a liberal aviation policy and negotiate air service agreements with international airlines.…

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
Jokes about slow-moving Skodas have long gone out of date but more than 30 Singapore car buyers may disagree, – they are still waiting for delivery of their Czech cars nine months after they each paid US$9,000 for them.…