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THE Organisation for Economic Cooperation and Development (OECD) is convening a roundtable of high-level regulators, experts and business leaders in Kuala Lumpur for three days beginning today to complete a white paper on corporate governance in Asia, according to a statement.
THE Securities Commission (SC) proposes to introduce a set of best practices and standards for institutional investors to help them vet investee companies for corporate governance.
Economic fallout in Asia from the Severe Acute Respiratory Syndrome (SARS) crisis mounted yesterday as the World Bank cut its regional growth forecast, Hong Kong received a credit rating blow, and investors dumped shares in Asian retailers and exporters to China.
THE noose is tightening on companies that use price or cost manipulations in transactions with related parties to #147;adjust#148; their tax bills following the introduction by the Inland Revenue Board (IRB) of sweeping new guidelines that could paralyse this practice.
Students in Hong Kong, Japan and South Korea rank among the world's best in Mathematics and Science, according to a 43-country survey published by the Organisation for Economic Cooperation and Development (OECD) and the UN Educational, Scientific and Cultural Organisation (Unecso).
DESPITE the downward trend in global prices, a global deflation crisis is still a low probability event, Public Bank said in the August 2003 issue of I>Public Bank Economic Review/I>.