Lecture 11: Handout The Regulation of Banks Date: 28 April 2004 Module: International Banking Why Regulate Banks? Banks are intermediaries between money suppliers and those who need money. Commercial banks are most heavily regulated financial institutions. Five main reasons for regulation: I. The first is to ensure the safety and soundness of banks. The purpose is to maintain I) domestic and II) international confidence‚ III) protect depositors and ultimately taxpayers
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Background Utusan Malaysia is one of the most popular newspapers published on daily basis for many years in Malaysia‚ and the language of course is in Malay. Before 2006‚ Utusan Malaysia was called Utusan Melayu‚ but it does not appear anymore after 2006. The name of the newspaper translated into English is means Malaysian Courier. Utusan not only is one of the best sells and trusted newspaper‚ but also is one of the oldest and successful daily newspapers in Malaysia. Currently‚ Utusan also has
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In general‚ the hotel industry in Malaysia experienced an encouraging growth rate in 1994. The industry recorded a significant growth of 64 percent in tourism receipts‚ from RM5.1 billion generated in 1993 to RM8.3 billion in 1994. Malaysia will be hosting the Commonwealth Games in 1998. In addition‚ the new Kuala Lumpur International Airport in Sepang when completed‚ will cater for 25 million passengers per year and help establish Malaysia as a major centre for international air travel in the region
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the overall consumer foodservice in Malaysia saw improvement due to recovery from economic recession. People were more willing to spend on eating out‚ be it at full-service restaurants‚ fast food restaurants‚ fine dining or casual dining eateries. The high inflation rate in Malaysia did not really affect the spending power in the consumer foodservice market. Casual dining full-service restaurants saw positive value growth within consumer foodservice in Malaysia during 2010. The reasons behind this
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In Malaysia‚ we are always in this cross cultural relationship. We have Malay‚ Chinese‚ India‚ Sigh‚ Kadazan‚ Iban and so on. No matter in urban or rural area‚ we have the opportunity to give the students‚ parents‚ and the society a chance to join the cultural music community activities. For example‚ Chinese and Malay ethnics have the chance to join an Indian dance during Deepavali. Music in community is a learning platform for everyone to learn new things‚ new music knowledge and revise the music
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a. Introduction1.Backgroud Of Malaysia Airlines Malaysia Airlines System Berhad is also known as MAS in short. MAS is founded in 1947 as Malayan Airways‚ but it has change its name as Malaysian Airline System in 1 October 1972 .MAS is the flag carrier which is own by government of Malaysia. MAS headquarters is situated at Sultan Abdul Aziz Shah Airport in Subang‚ Selangor. MAS operates flights at its first base in Kuala Lumpur International Airport‚ and secondary base in Kota Kinabalu. Malaysian
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Duplicity of charges is an irregularity and not an illegality. Discuss. The answer in this paper will provide the general rule under Section 163 CPC and the exceptions under Section 153(2) CPC. Section 422 CPC will be discussed whether the duplicity of charges is curable i.e. there is no prejudice against the accused or no failure of justice. The test is given in See Yew Poo (1949) will be laid down to discuss the issues of irregularity and illegality. Section 163 CPC states that every distinct
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INTRODUCTION Malaysia has long been one of the world’s best kept tourism secrets. It is an ideal tourism destination in so many different respects as it offers a wide range of diverse attraction to suit all tastes and most importantly‚ at relatively affordable prices. Figure 1: Map of Malaysia Lying just north of the equator‚ Malaysia is located at the south of Cambodia and Vietnam and north of Singapore and Indonesia. More than one thousand islands are part of Malaysia with some 38 designated
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Question 1(A): Briefly review the tax system in Malaysia A tax is a financial charge or other levy imposed upon a taxpayer that known as an individual or legal entity by a state or the functional equivalent of a state such that failure to pay is punishable by law. Taxation is a compulsory levy that the government of a country will finance their expenditure by imposing charge to the persons‚ individuals‚ businesses and other bodies to allows the government provide money needed for them
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Tourism Industry of Malaysia (Background) The early 70s spelt the beginning of a `new era`. The old Tourism Department of 1959 was then upgraded into the Tourism Development Corporation. The formation of the Tourism Development Corporation (TDC) in 1972 and placing it under the purview of the Ministry of Trade and Industry (MITI) for strategic planning and focus charted a new era in the history of the tourism industry. That was the same year Malaysia Airlines was formed (1972). It was the dawn
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