MALAYSIA AIRLINES ANNOUNCES MUTUAL SEPARATION SCHEME TO RIGHTSIZE WORKFORCE Malaysia Airlines today announced the details of its Mutual Separation Scheme (MSS). This fast tracks the organisation’s intention to right size(downsize) its workforce a year ahead of the schedule outlined in its publicly announced 3-year Business Turnaround Plan. Malaysia Airlines will receive compensation from Penerbangan Malaysia Berhad (PMB) for the termination of the Agreement for Domestic Business Unbundling
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Bernie Madoff’s $50 Billion Ponzi Scheme Who is Bernie Madoff The Madoff investment scandal is the Ponzi scheme that former NASDAQ chairman Bernard Madoff confessed to in 2008. On March 12‚ 2009‚ Madoff pled guilty to 11 federal crimes and admitted to operating what has been called the largest investor fraud ever committed by an individual. On June 29‚ 2009‚ he was sentenced to 150 years in prison with restitution of $170 billion. According to the original federal charges‚ Madoff said that his
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technology today plays a vital role in our society. It makes man work easier and fast. It lessens error of work by using machines. It reduces costs to an organization from paper works up to computerized working system. Many manual transactions can be computerized by using software applications or computer systems to make work easier and efficient. Information technology can give a company ready access to improve product and service quality‚ reduce costs‚ increase productivity in smallest time possible
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Individual Visit Scheme The Individual Visit Scheme was first i ntroduced in four Guangdong cities (D ongguan‚ Zhongshan‚ Jiangmen‚ Fosh an) on 28 July 2003 as a liberalization measure under the Closer Economic P artnership Arrangement. Prior to the S cheme‚ Mainland residents could only visit to Hong Kong and Macau on busi ness visas or in group tours. Individual Visit Scheme Above 49 cities with permanent hous ehold registration are eligible to appl y for the relevant exit endorsement Valid
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Attendance Monitoring System IMPLEMENTATION PLAN 1 INTRODUCTION 1.1 Purpose The implementation plan has been developed to support the strategic plan of the Attendance Monitoring System. The implementation plan will be amended and updated as new actions are introduced and as developments are implemented to the system. The system tracks the performance of employees regarding their attendance on a daily basis. 1.2 System Overview Attendance Monitoring System provides a foolproof solution
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Evaluate the case for and against using a buffer stock scheme to stabilise the price of a commodity such as sugar or tin. A buffer stock scheme is an intervention carried out by the government which aims to limit fluctuations in the price of a commodity. It involves the government and/or local authorities buying these storage stocks and selling them back to the famer. Price stability is indicated by low inflation whereby the value of money is also stable. A buffer stock is an attempt
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International Research Journal Publisher: Global Journals Inc. (USA) Online ISSN : 2249-4626 & Print ISSN: 0975-5896 Evaluation of Rural Water Supply Schemes in Selected Communities in Oke-Ogun Area‚ Oyo State‚ Nigeria By Toyobo A.E.‚Tanimowo N.B Akintola University of Technology‚ Ogbomoso‚Oyo State‚ Nigeria Abstract - The study examine water supply schemes in selected communities in Oke-Ogun area. Data were collected through primary and secondary sources. A total of 450 structure questionnaire were
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EXECUTIVE INCENTIVE SCHEMES: AN ANALYSIS OF THEIR INFLUENCE ON CORPORATE PERFORMANCE Most business environments are complex - with intensive competitive activity (including newcomers) and high stakeholder expectations. Thus ongoing improvements in corporate performance (including better resource allocation and asset utilisation) become critical factors for company profitability and sustainability of their business models. Consequently‚ many directors are getting substantial rewards
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Kieso‚ Weygandt‚ and Warfield On January 1‚ 2012‚ Harrington Company has the following defined benefit pension plan balances. Projected benefits obligation $5‚600‚000 Fair value of plan assets 6‚400‚000 The interest (settlement) rate applicable to the plan is agreement so that service costs of $620‚000 9% On January 1‚ 2013‚ the company amends its pension are created. Other data related to the pension plan are as follows: 2012 $180‚000 0 255‚000 225‚000 320‚000 5% 2013 $195‚000 97‚000 305‚000 300‚000
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Income Tax Section 80-CCG : New Tax Saving Scheme ’Rajiv Gandhi Equity Saving Scheme’ (RGESS) Finance Minister approves the Operational Features of the Rajiv Gandhi Equity Savings Scheme (RGESS) The Union Finance Minister Shri P. Chidambaram approved a new tax saving scheme called “Rajiv Gandhi Equity Saving Scheme“(RGESS)‚exclusively for the first time retail investors in Securities Market. This Scheme would give tax benefits to new investors who invest up to Rs. 50‚000 and whose annual income
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