In The News

Indonesian Muslims Can Consume GMO Foods

July 7, 2003
Muslims in Indonesia are now free to consume genetically modified organism (GMO) foods. Though there has been no official statement, the highest Indonesian Muslim body authorized to approve and make religious rulings on processed foods distributed within the country, the Ulemas Council (MUI), has implicitly approved the products by not issuing a fatwa (legal advice). Without a fatwa, Muslims...

Free Press Essential for Hong Kong's Success

Zhiwu Chen July 2, 2003
In the largest demonstration since Hong Kong passed over to Chinese control in 1997, hundreds of thousands of protesters took to the street on July 1. While the protesters are against a planned anti-subversion law, the issue at stake is more than simply free speech - it is also about the continued economic prosperity of Hong Kong. Over the last few decades, Hong Kong has transformed itself into...

Citizenship Doesn't Entitle You to a Job

Chua Lee Hoong June 25, 2003
In recent years, more and more multinational companies have relocated their factories to countries that provide cheap blue-collar labor. However, as the competition for jobs becomes fiercer in countries experiencing recession, white-collar jobs are also being exported. In Singapore, those affected by this new trend include airline pilots, lawyers, engineers, and accountants. In this article in...

Hundreds Rally in Aceh Gasfield to Demand Extension of Contracts

June 25, 2003
Residents of Indonesia's Aceh province now fear unemployment in the midst of war and military rule. Oil giant ExxonMobil, which employs about 3000 people in the rebel province, announced that it will not be renewing contracts with up to 1200 workers "due to declining gas production and substantially reduced activities." Amidst the instability of military activity and martial law...

Mistakes Aplenty Over Gas Pipeline

June 24, 2003
The construction of a Thai-Malaysian gas pipeline has caused numerous clashes between Thai police and protestors. The protestors, many from Muslim villages affected by the construction, claim that the pipeline is unnecessary because demand for natural gas will not be high enough unless new heavy industries are developed in the region. But any such development, they say, would place a heavy burden...

Europe Set to Begin Digital Tax

Bob Tedeschi June 23, 2003
Unlike traditional trade transaction, e-commerce conducted online across national borders creates new tax issues that can be confusing. As Europe's number of internet users grows and overtakes the US and Canada, the European Union (EU) is scheduled to begin a new value-added tax plan, which will levy taxes on all imported goods and services purchased over the Internet. Foreign companies,...

Carmakers Around World Are Turning to India for Parts

Saritha Rai June 20, 2003
India’s auto parts industry is finding new success as global carmakers struggle to find low-cost, high-quality parts. It is these two qualifications that give India, with its cheap skilled workers and locally produced raw materials, an edge over other developing economies. But although the industry is growing rapidly within the country, problems remain. Competition from other South Asian...