Word: choong
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...piracy problem become that several international shipping companies have chosen to abandon the shortcut through the Suez Canal that requires their vessels to pass the Somali coast, and instead route them around South Africa. "As long as there is no firm deterrent, attacks will continue," said Noel Choong, chief of the International Maritime Bureau's Piracy Reporting Center in Kuala Lumpur. "The risks are low, and the returns are so high." And not only for the pirates, either...
Consistency--a trait rare in the airline industry--has been a hallmark of SIA's management. CEO Cheong Choong Kong, 61, who will leave the airline in June, has run the show for nearly two decades, having worked his way up from an assistant manager for reservations. After taking over in 1984, he moved aggressively to stretch the airline worldwide; he was the main proponent of Singapore's successful push to become the first Southeast Asian country to sign a bilateral open-skies agreement with the U.S, in 1997. This treaty lets the airline fly to any American city...
...SENTENCED. Kim Woo Choong, 69, founder and former chairman of Daewoo who built the small textile exporter into South Korea's second-largest conglomerate, then fled the country in 1999 as it collapsed under an estimated $80 billion in debt; to 10 years in jail for embezzlement and fraud; in Seoul. Kim, who returned to the country to stand trial last year, was also ordered to forfeit more than $22 billion-a sum far exceeding his net worth. He will not begin serving his sentence for 12 months because of heart problems. Kim's lawyers say they plan to appeal...
...transformation of China can be better achieved by economics, not by politics. Large corporations can show the way by providing tangible examples of how the Chinese people can have a better standard of living through their individual efforts and creativity. Political rhetoric and mismanagement are not effective. Tsang Kwok Choong Singapore...
...terrorists share a willingness to use deadly force to achieve their aims. And since pirates make more money--the three big gangs of pirates suspected of working Somali waters now demand and often receive hundreds of thousands of dollars in ransom, according to the Piracy Reporting Center's Choong--they are likely to go after bigger game. With their kidnapping revenues, pirates "can afford to buy themselves some pretty nice boats," says Choong, and hence extend the range of their seizures...