Economies

Can Asia lead in innovation revolution?

How big is the potential impact of the internet on Asia, including on its development of a knowledge economy? We all have a sense that advances in information and communications technology have transformed social media, education and the way business is done.

Saturday, 1 September, 2012, 2:51am

'Roadmap' rolled out to reform public institutions

The central government has issued a roadmap for reforming public institutions - a large and diverse sector that is a remnant of the planned-economy era - to deepen its now decades-old market-oriented policy of economic and social development.

17 Apr 2012 - 12:00am

Bank explores road to Islam

Can businesses be converted to Islam? It's a simple question but the answer is complex. A recent report developed by Swiss-based private bank Bank Sarasin throws some light on this complex issue.

28 Feb 2012 - 12:00am

Protectionism won't solve debt woes, minister warns

One of China's top ministers yesterday warned foreign governments against imposing protectionist measures following the recent political and economic upheavals in Greece and other western economies.

4 Nov 2011 - 12:00am

slowdown in reform efforts under attack

Amid increasing signs of rising anxiety among the public, the mainland's most revered economist has published the strongest criticism yet, from within Beijing's academic circles and government think tanks, of the recent slowdown in the nation's economic reform efforts.

3 Oct 2011 - 12:00am

Drawn to freedoms

His illustrations may be in black and white but what political cartoonist Dan Perjovschi draws isn't as simple or clear-cut. For his latest solo exhibition, which opened on Friday at Para/Site Art Space, the Romanian artist, 50, came up with an image that says: 'Communism is bad. Capitalism is bad. China is good.'

30 Jan 2011 - 12:00am

Global push casts light on state firms

It was to have been the biggest deal in Australian corporate history. In return for injecting US$19.5 billion into cash-strapped Rio Tinto, state-owned alumina producer Aluminum Corp of China (Chinalco) would have doubled its stake in the Anglo-Australian miner to 18 per cent.

24 Aug 2009 - 12:00am

Mainland seen to start recovery by middle of year

East Asian and Pacific economies will face a sharp contraction this year, but China will begin recovering as early as the middle of this year, according to a World Bank report released yesterday.

8 Apr 2009 - 12:00am

Political change must come next

Those who dare will cure nation's ills and make it truly modern, 'Mr Market' says

A man who helped lead the long campaign to develop the mainland's market economy believes political change is now the ultimate solution to the mainland's economic problems - despite a 30-year boom built on continuous market-oriented reform.

3 Dec 2008 - 12:00am

Mainland risks a return to central-planning mindset

For 30 years, China has been making progress in transforming from a planned economy to a market economy. Most prices are now set by demand and supply, China is the world's third-largest trading nation and private property is constitutionally recognised.

28 Jan 2008 - 12:00am

Life in a brave new world

Former Fed chairman gives clear insights on the dynamics that drive global events and economies

Book The Age of Turbulence

Author Alan Greenspan

Publisher Penguin Press

26 Jan 2008 - 12:00am

Sharia expert lauds HK potential

Although Hong Kong does not have a big Muslim community, the city could well develop Islamic finance due to its sound financial infrastructure and good investment environment, according to an adviser to the central bank of a long-established Islamic financial centre - Malaysia.

21 Jan 2008 - 12:00am

Social workers strike for higher salaries

NGOs dissatisfied with lump-sum grant system demand a government review

Nearly 3,000 social workers went on 24-hour strike yesterday to demand higher salaries and a government review of the controversial lump-sum grant system for non-governmental organisations.

29 Nov 2007 - 12:00am

Regulator clears way for city's first Islamic fund

The city's first Islamic retail fund has been approved by the Securities and Futures Commission.

The move kick-starts the government's plans to develop Islamic financing in Hong Kong in a bid to attract billions of dollars of Middle Eastern investment.

21 Nov 2007 - 12:00am

Power to the people

Beijing has taken a major step forwards to make the government more open and accountable. While it may be going too far to say that China has unveiled freedom of information legislation, the regulations on publicising government information, signed by Premier Wen Jiabao , imposes an obligation on officials to release certain details.

2 May 2007 - 12:00am

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