...Credit Card in Asia Pacific 1.0 Abstrak Citibank is already established consumer business in Asia. It’s about 11 years this bank operated in Asia. That have 15 countries thought Asia Pacific and Middle East. Rana Talwar is the head of Citibank’s Asia Pacific Consumer Bank and she want to launch a new product about the credit card. 2.0 Issue Citibank want to market the credit card to the Asia but have constraint to established it. Firstly is because little credit of experience and hardly any infrastructure. Citibank also wondered that it could adopt mass market positioning to acquire enough credit card customers and maintain its up-market positioning with the current upscale branch banking customers. Country managers also worry because it too early to launch the credit card and will damage the profit in future. Other than that, is weak local infrastructure, limited distribution capabilities and experience. 3.0 SWOT analysis strength | weakness | -Citibank already well-known in Asia Pacific-most Australia customer used credit card for shopping-Hong Kong is very good impressive with economics and industrialization that make the people use credit card without fell strangers-majority India country is very wealth | -Korea a not allow use credit card because not give permit too bank.-Malaysia is use law and only income $9000 or more could have a credit card.-Indonesia is poor country and the customer are not qualify to make credit card.-Taiwan also use law that only one for...
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...Posted on 08 April 2014 Freshfields Bruckhaus Deringer: Marketing Events Intern & Asia Customer Relationships Executive | Deadline on 21 Apr To: All HKU students, preferably majoring in marketing, business, economics or law. Freshfields Bruckhaus Deringer (http://www.freshfields.com) is recruiting Marketing Events Intern and Asia Customer Relationships Executive. Freshfields Bruckhaus Deringer is a leader among international law firms, providing business law advice of the highest quality throughout Europe, the Middle East, Asia and the United States. With over 2,600 lawyers in 27 key business centres across 15 countries, they provide a comprehensive service to national and multi-national corporations, financial institutions and governments. In Asia, they are located in 6 cities across China, Japan and Vietnam. They are consistently ranked at the top of the league tables in Asia, Europe and globally. Job Specifications 1. Marketing Events Intern (6-month initially, full time basis) 2. Asia Customer Relationships Executive For details, please refer to: http://intraweb.hku.hk/local/careers/news/1314/attachment/040801a.pdf. Application Method Interested students please submit cover letter and CV, in ONE pdf/doc document, at http://apps.cedars.hku.hk/applyjob : References: Marketing Events Intern Asia Customer Relationships Executive [Ref. J876] [Ref. J877] Attention: You are reminded to avoid last minute application because the online system would likely be overloaded...
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...guidelines, and these guidelines vary from place to place and from time to time (Quinn, 2013). This theory can be proven on many levels. Although, most societies have many things in common such as the value of human life, respect for one’s parents, and practices such as marriage. There are also some distinct differences. One is to consider these differences and contrast how these differences are relevant to cultural relativism. After spending much time in Southwest Asia, I had a great opportunity to experience another culture. As the culture in Southwest Asia was very similar to my own, there were some distinct differences. In the United States, our laws are designed to cater to every religion, nationality, and even visitors. In Southwest Asia, 90 percent of the population is Muslim. Therefore it was very different in Southwest Asia, the laws of the land were based off Islamic law. Despite a person’s religious preference, while visiting Southwest Asia, one had to follow laws that derived from Islamic law. For example, Islamic law is very strict on marriage, therefore no couple could show any sign of physical affection such as holding hands, hugging, or kissing. Another difference pertained to women being exposed in public, no women were able to wear a bathing suit or bikinis while the beach. One other significant difference was that women could not handle business matters with men. For example, if women had an issue with a leaking pipe in her resident, she could not go directly to her...
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...Case Study on Breach of Director’s duties at Tiger Asia Company Business Law: Individual Assignment arsHaad Mustafa Case Study on Breach of Director’s duties at Tiger Asia Company Business Law: Individual Assignment arsHaad Mustafa 2014 2014 Tiger Asia and executives punished for market misconduct [Bill Hwang, founder of Tiger Asia, was banned from securities trading in Hong Kong for four years.] The Market Misconduct Tribunal yesterday said hedge fund Tiger Asia Management and two of its senior executives, Bill Hwang Sung-kook and Raymond Park, engaged in market misconduct and banned the company and Hwang from securities trading in the city for four years. Hwang, the founder of New York-based Tiger Asia, and Park, the head of trading, last year admitted to insider dealing in the shares of two mainland banks and were ordered by the court to pay more than HK$45 million to about 1,800 investors. In a statement announcing the tribunal's ruling, the Securities and Futures Commission said: "This heralds a sterner approach in respect of protective measures provided under our law. The SFC will track down and take action against wrong-doers wherever in the world they may lurk." The trading ban was shorter than the five-year "cold shoulder" order sought by the SFC. Park, who had suffered from a debilitating stroke, was not banned due to his incapacity. Tiger Asia reached a US$60 million settlement deal with the US Securities and Exchange Commission in December 2012 for...
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...Women: Comparative Study of South Asian Countries Amna Mahmood A South Asia is a home of variety of cultures, languages and religions. Here we can find a number of variations in customs, value systems and ways of life. But one thing is common among all the cultures and regions of South Asia that is gender discrimination. Women traditionally are considered subordinated to the male and this remained a prominent feature both in the rural and the urban areas. In urban areas a little improvement is due to enhanced level of education and economic independence in women. There is very less distinction of educated and uneducated as that of religion in this regard. The situation is improved with regard to political empowerment especially with the allocation of 33% seats in local government in South Asia but in most of the cases this change is not satisfactory. The real empowerment would be achieved only if it would be accompanied by the social and economic empowerment. For that purpose, society has to be changed at large. Such change cannot be materialized only through any coercive legislation or strong state action in the blink of an eye. But the fact remains there that in societies where all the changes start from top to bottom these measures along with a strong political will can stimulate a change to improve the situation gradually. This paper discusses the measures taken by different governments in South Asia to achieve the goal of political empowerment and participation of womenfolk...
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...European Union:- A group of European countries that participates in the world economy as one economic unit and operates under one official currency, the euro. The EU's goal is to create a barrier-free trade zone and to enhance economic wealth by creating more efficiency within its marketplace. The current formalized incarnation of the European Union was created in 1993 with 12 initial members. Since then, many additional countries have since joined. The EU has become one of the largest producers in the world, in terms of GDP, and the euro has maintained a competitive value against the U.S. dollar. EU and non-EU members must agree to many legal requirements in order to trade with the EU member states. The European Union is a group of countries whose governments work together. It's a bit like a club. To join you have to agree to follow the rules and in return you get certain benefits. Each country has to pay money to be a member. They mostly do this through taxes. The EU uses the money to change the way people live and do business in Europe. Countries join because they think that they will benefit from the changes the EU makes EU is a unique economic and political partnership between 27 European countries that together cover much of the continent. The EU was created in the aftermath of the Second World War. The first steps were to foster economic cooperation: the idea being that countries who trade with one another become economically interdependent and so more likely to...
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...Bangladesh Asia Pacific Key points In mid-2004, the Bangladesh Council of Arbitration (BCA) was established as an arbitral body. The BCA rules have not yet been finalised. Arbitration in Bangladesh is governed by the Arbitration Act 2001. This is based on the UNCITRAL model law. Bangladesh is a party to the New York Convention. In practice, however, there are difficulties in enforcing arbitration awards in Bangladesh. The difficulty is greater if it is a foreign party seeking to enforce an award against a local party. Where the arbitration is convened abroad, there have been instances where the Bangladeshi courts have allowed legal proceedings which interfered with the issues raised in the foreign arbitration. Confidentiality The Arbitration Act does not make provision for confidentiality in arbitration proceedings. If this is important to the parties then this should be dealt with in the arbitration clause. For a model confidentiality clause, see the Arbitration section on drafting arbitration clauses. 02 Bangladesh January 2010 Arbitration in Asia Pacific Norton Rose Group Bangladesh Model arbitration clause Bangladesh does not have its own model clause. See the Arbitration section for best practice in drafting arbitration clauses. Weblink www.fbcci-bd.org Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Norton Rose Group Arbitration in Asia Pacific January 2010 Bangladesh 03 Asia Pacific 1 What arbitration bodies are there within...
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...Drug Control in Central Asia Kory A. Lavine CJA/134 Monday October 5, 2015 Jacqueline Waltman Drug Control in Central Asia Bitter Harvest covers the policy issues these countries have when it comes to controlling their growing drug epidemic. A growing problem is the opium trade originating out of Afghanistan, and the surrounding countries have a dramatic increase in abusers and addicts. The United Nations (UN) has a program in place in Central Asia, which is designed to combat this growing problem. Headed by Antonella Deledda, the United Nations Drug Control and Crime Program based out of Tashkent, Uzbekistan. Due to some budgetary issues, they are working with a limited supply as they plan a trip through three countries to try to strengthen the regional cooperation to stop drug flow, check security borders and gather information. With corruption of law enforcement, also an issue in these countries, the agency combats the problem by giving their officers a salary well above that of local officers. Another problem shown is that the United Nations, rather than the countries fund the program. Countries banding together to assist each other to help prevent further narcotic movements are future goals sought after by the program. Osh and Brussels states that according to their article, "opiates have fueled conflict throughout the region and are likely to have been a significant source of financial support for terrorist organizations with a global reach" (Osh/Brussels, 2001)...
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...The Influence of Religion on Society’s Daily Life By Aris Totle FOUN 1001: English Society, as it is known, is built on the basis of religious teachings. Religion has a huge impact on daily life. Almost every aspect of everyday life has been influenced by religion. Religion can be described as a system of shared beliefs. Christianity, being the most widely practiced religion in the world, especially in western territories such as the United States of America, Europe, and the Caribbean; has also been the most influential. Although many persons may not be practicing the Christian religion, their values and daily practices are still mandated by Christian beliefs. The biggest influence that Christianity has on everyday life probably is that the social norms that exist in society today are almost all based on the teachings of this religion. Social norms refer to rules that govern socially acceptable behaviour. Societal norms and practices in western civilizations are largely dictated by Christian beliefs. Religion greatly impacts the morality of individuals within these societies. Collectively as a society, and individually, persons attempt to live their lives in accordance with codes of morality and ethicality. Morals refer to an individual’s own principles regarding right and wrong. Ethics also relates to right and wrong conduct. There is a strong connection between religion and morality and ethics. Although these are distinct concepts, and morality can exist without a...
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...Human World Views The Influences of Asia, Africa and the Americas toward Contemporary Society September 13, 2015 The progression of morality as it relates to the influence of family, religion and society varies between Asia, Africa, and the Americas. Our contemporary society has been influenced tremendously in many different areas by these different societies. Social order in Asia was established by Hammurabi’s Code of Laws. Hammurabi himself was an Amorite king of Babylon, he set these laws to place order in Babylon. Hammurabi’s lex talionus explains that the punishment of a crime should be equal to what crime has been done, these laws are described as “an eye for an eye” and “a tooth for a tooth” (Levack, B., Muir, E., & Veldman, M. (2004).). Hammurabi’s laws were set up for various issues including civil and criminal issues. Though due to one’s social status, laws for free people and laws for slaves were different, but they still held on to the same concept. Hammurabi code of laws helped to mostly shape our justice system. His laws were clear to understand the offenses being committed and consequences that were to be issued. This is present in our society because when one commits a crime or murder they suffer from the consequences in the jail and prison systems. Most of the time when a murder is committed the initial punishment is life in prison or retaliated with death by lethal injection, an eye for an eye. Our current law system is heavily influenced by Hammurabi...
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...Introduction The purpose is to analyse a specific given country (South Korea), economic, socio-cultural and legal and political environment. Economic environment Past four decade South Korea showed an impressive growth as well as global integration to become a high tech industrialized economy. In past in 1960s, the Gross Domestic Product (GDP) per capita was compared to the poor countries (Africa and some parts of Asia), by 2004, it joined the trillion dollar club of world’s economies and currently in the top twenty largest economies (Globserver Asia, 2013). They achieved this by placing the system of close government and business ties, also including directed credit and import restrictions (Central Intelligence Agency, 2013). In 2012 due to the market slowdowns in United States, Eurozone and China, the economy has experienced slow growth. Though it is the 8th largest exporter in the world ($548.2 billion) which decreased 0.21% from prior year. The export goods are semiconductors, wireless communications equipment, motor vehicles, computers, steels, ships and petrochemicals (Central Intelligence Agency, 2013). In 2012 the country’s GDP was $1.622 trillion which ranks 13 on the world scale which increased 2.7% from previous year, and a GDP capita in US dollars was $32,400. The real GDP growth rate was 2.7%. The unemployment rate was 3.8% and the inflation rate was 2.2% (Central Intelligence Agency, 2013). Socio-cultural environment Main language spoken and written...
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...In Brief Facts on Induced Abortion Worldwide WORLDWIDE INCIDENCE AND TRENDS • After declining substantially between 1995 and 2003, the worldwide abortion rate stalled between 2003 and 2008. • Between 1995 and 2003, the abortion rate (the number of abortions per 1,000 women of childbearing age—i.e., those aged 15–44) for the world overall dropped from 35 to 29. It remained virtually unchanged, at 28, in 2008. • Nearly half of all abortions worldwide are unsafe, and nearly all unsafe abortions (98%) occur in developing countries. In the developing world, 56% of all abortions are unsafe, compared with just 6% in the developed world. • The proportion of abortions worldwide that take place in the developing world increased between 1995 and 2008 from 78% to 86%, in part because the proportion of all women who live in the developing world increased during this period. • Since 2003, the number of abortions fell by 600,000 in the developed world but increased by 2.8 million in the developing world. In 2008, six million abortions were performed in developed countries and 38 million in developing countries, a disparity that largely reflects population distribution. • A woman’s likelihood of having an abortion is slightly elevated if she lives in a developing region. In 2008, there were 29 abortions per 1,000 women aged 15–44 years in developing countries, compared with 24 per 1,000 in the developed world. REGIONAL INCIDENCE AND TRENDS • The overall abortion rate in Africa, where the...
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...Bond Law Review Volume 15 Issue 1 Special Issue: Comparative Corporate Governance 7-1-2003 Article 13 Corporate Governance in Malaysia Kamini Singam Recommended Citation Singam, Kamini (2003) "Corporate Governance in Malaysia," Bond Law Review: Vol. 15: Iss. 1, Article 13. Available at: http://epublications.bond.edu.au/blr/vol15/iss1/13 This Article is brought to you by the Faculty of Law at ePublications@bond. It has been accepted for inclusion in Bond Law Review by an authorized administrator of ePublications@bond. For more information, please contact Bond University's Repository Coordinator. Corporate Governance in Malaysia Abstract This article examines the corporate governance system in Malaysia. A sound corporate governance system should help create an environment conducive to the efficient and sustainable growth in the Malaysian corporate sector. Since the Southeast Asian financial crisis in 1997 – 98 (‘financial crisis’), corporate governance has become a key policy issue confronting many Southeast Asian countries, including Malaysia. This article considers the distinctive problems of corporate governance in Malaysia, despite several steps for reform that have taken place since the financial crisis. There will be a brief discussion on the meaning of corporate governance and an overview of the present status of corporate governance in Malaysia, in particular after the financial crisis. Keywords corporate governance, Malaysia, Southeast Asian financial...
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...Letter of Submission To The dean Faculty of Business studies Department of Business Administration Premier University, Chittagong Subject: Submission of the term paper Sir, It gives me immense pleasure to submit my term paper on “Application of Accounting Standard” of “Bank Asia limited” which was assigned to me as a fulfillment of the degree “Bachelor of Business Administration”. I tried to extend the report to a successful one. In this case I used my knowledge gaining at the time of my graduation. While making this report I came across many experiences and I used all of my experience in making the report. Despite several constraints, I gave my all efforts to make this report a meaningful one. I hope you will get the report as informative and accept my report. Sincerely yours, Acknowledgement At the very beginning of my report, I would like to pay my worship and gratefulness to the praiseworthy Almighty Allah who graces me to accomplish this report. I would like to offer my gratitude to our honorable Dean Sir, Prof. Dr. Milan Kumar Bhattacharjee, who gave us the opportunity & also for his kind supervision and providing necessary guidelines in preparing this report. I am also thankful to Ali Arshad Chowdhury, Lecturer of “Premier University” , faculty of Business Studies. Who helped me in abundant conducts to make this report more meaningful. Finally, I thank all the persons who have directly or indirectly contributed...
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...(global scale). They are seriously abused and harass in those countries and suffer from great fear of losing their opportunity of going back to their home country as their passports have been collected by the agencies under illegal reasons. It is a shame that there are many NGOs to fight for equal gender treatment but the problem seems too broad and complicated and the leakage is not easy to fix. I argue that activist NGOs in those Southeast Asian countries have work hardly on both politics of scale and social construction of scale in from local to global scales, and they have gained more global attention by decades than before as more people and governments pay more attention on the women migrants now. It is essential to set effective labour laws to protect women (or other migrant workers) from being cheated by the agencies for false income rate and departure date, to avoid more victims to appear and do not know the effective way to contact the NGOs to help. First, I will provide a brief historical background of the rise of the activist groups and NGOs and the changes of their concerns and aspects in response to the government policies changes. As there are lots of benefits for the local workers to migrant to other country, like higher income, activist NGOs in global scale protect and fight the equality for the women. Then, it comes to the reflections of gender policy in Indonesia clearly show that...
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