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The seductive appeal of a minimum wage
THERE has been uproar in recent days following the announcement that the rubber plantation workers union and the plantation owners association have signed an agreement providing for a minimum monthly wage of RM350.
Special powers key to the success of Danaharta
CRITICS did not doubt the need for such special legislation as the Pengurusan Danaharta Nasional Berhad Act 1998, which became law on Sept 1, 1998.
ST Telemedia goes solo on Global stake
Singapore Technologies Telemedia Pte Ltd (ST Telemedia) is to increase its planned investment in bankrupt telecoms carrier Global Crossing Ltd after Hong Kong partner Hutchison Whampoa Ltd pulled out of the deal due to US regulatory resistance.
Basel committee unveils 3rd draft of new global banking accord
The influential Basel committee has unveiled the third draft of a new global accord for international banking, the biggest regulatory change to hit financial markets in decades.
Wall Street's chapter of shame and humiliation
THE news that ten of Wall Street's biggest investment firms had agreed to pay US$1.4bil in penalties and restitution to settle charges by US regulators that their analysts regularly skewed their research to benefit a few privileged clients at the expense of smaller investors must be cold comfort to millions of individual investors who lost fortunes in relying on such tainted research.
Foreign trade groups highlight trade barriers
FOREIGN trade associations have raised a host of issues, mainly bureaucratic, as obstacles to doing better trade in Malaysia.
Amcham: Aggressive anti-counterfeit campaign vital
THE American Malaysian Chamber of Commerce (Amcham) has emphasised the need for greater law enforcement and higher penalties to enforce intellectual property rights (IPRs) in Malaysia.
Maicsa lauds protection for whistle blowers
THE Malaysian Association of the Institute of Chartered Secretaries and Administrators (Maicsa) has welcomed the proposal by the Securities Commission (SC) to accord legal protection to company officials who alert authorities of corporate wrongdoings within their firms.
On the move
Nationwide Express Courier Services Bhd has appointed B>Rozilawati Basir /B>as chief executive officer effective March 31.
Insiders’ view on future of corporate reporting
Building Public Trust - The Future of Corporate Reporting reviews by HAN AI LEEN.
