Search Results for: Indonesian

BY HANA KAMARUDDIN, IN SELANGOR, MALAYSIA

Students in some Asian countries, such as Japan, Indonesia and South Korea now earn credit hours for voluntary work, an incentive that builds volunteering into the university assessment system and promotes community work as an integral part of higher education, a conference has been told.…

BY KEITH NUTHALL

ACCOUNTING giant Ernst & Young has claimed nearly half of chief financial officers worldwide – still struggling with the global economic crisis – would undertake unethical and potentially illegal actions to protect their companies.

Its latest global fraud survey said that of almost 400 CFOs questioned, 47% "felt one or more… possibly questionable actions that may help the business survive…could be justified in an economic downturn".…

BY JAMES FULLER

THE FORMER sales and marketing director of UK speciality chemicals company Innospec has pleaded guilty to three counts of conspiracy to corrupt in an international bribery case. Dr David Turner admitted two counts of securing contracts to sell toxic petrol additives, (tetraethyl lead -TEL), by bribing Iraqi and Indonesian officials from 2002-2008.…

BY PETER DA COSTA

THE WORLD Bank has barred a subsidiary of Texas-based engineering giant from its programmes for two years after KBR Kellogg Brown & Root Pty Ltd (KBR Pty) was found breaking guidelines in a bank-financed water supply project in Vietnam.…

BY WANG FANGQING

THE INDONESIAN government has yet to impose comprehensive and specific environmental controls on its domestic coatings industry, but manufacturers, especially multinationals, are ready to move one step ahead and reduce their pollution footprint.

The issue was a key focus of the 12th Asia Coatings Markets conference held on November 2 in Jakarta, with debates on cutting carbon emissions associated with production and making eco-friendly paints and coatings.…

BY MARK ROWE

THE INDONESIAN Palm Oil Producers Association (GAPKI) has pulled out of the international Round Table on Sustainable Palm Oil (RSPO) eco-certification system, as the Indonesian government is planning its own sustainable palm oil regime, Indonesia Sustainable Palm Oil (ISPO).…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) Council of Ministers has imposed definitive anti-dumping duties on imports into the EU of certain fatty alcohols and their blends, used as pharmaceutical ingredients, made in India, Indonesia and Malaysia. Indian companies will be charged Euro EUR86.99 per tonne; Indonesian companies EUR80.34/tonne; and Malaysian companies EUR61.01/tonne, with some special lower tariffs for selected companies.…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) Council of Ministers has imposed definitive anti-dumping duties on imports into the EU of certain fatty alcohols and their blends, used as cosmetics ingredients, made in India, Indonesia and Malaysia. Indian companies will be charged Euro EUR86.99 per tonne (bar VVF Ltd’s EUR46.98).…

BY MARK GODFREY

AS CHINA’S economy grows, financial fraud seems to be feeding off this wealth. Respected scholars Professor Hu Angang at Tsinghua University in Beijing, and prominent Chinese economist Fan Gang have said around 16% of GDP is lost to white-collar crime in China.…

BY KEITH NUTHALL

THE UNITED Nations World Tourism Organisation (UNWTO) and the Indonesian government have launched a project to boost energy efficiency in the key Java tourist zone of Pangandaran. It includes introducing energy efficiency and renewable energy technologies in hotels and public buildings; integrating low-carbon goals into planning; plus seminars and workshops on energy efficiency.…