Premium Essay

Borneo Post

In: Business and Management

Submitted By VivienTiong
Words 1388
Pages 6
The Borneo Post - Saturday, October 20, 2012 Page B10 Business Written by: Emy Lindsay

CIMA stresses good ethics are vital for the success of corporation

KUCHING: In the wake of the unethical corporate governance that has caused the fall of some big global corporations such as Lehman Brothers, Enron and others, there is a perennial (constant) need to create awareness on ethical business.

To complement and support the initiatives of the government in reinforcing ethical business practices, the Chartered Institute of Management Accountants (CIMA) and the Malaysian Institute of Integrity (MII), jointly organized a talk on ‘Business Ethics for Long Term Success’ held here yesterday.

In her speech, Head of Ethics for CIMA, Ms Tanya Barman conveyed that integrity and transparency were high on its agenda and together with MII, both organizations would work closely to help and encourage best business practices and ethical codes among corporate companies and the government sector.

“This reflects our focus on accountability and excellent business practices in serving all our members, students and affiliates who have put absolute trust in us as a professional body,” she said.

Barman stressed that being ethical meant having principles, social ethics and rules of conscience in doing the right thing by considering the consequences on others, fairness and also adhering to the common rules and laws of what is right and wrong.

She cited that in business, people were under generally pressure because of the factors related to their working environment. That was why some people were likely to be maneuvered (tricked) into becoming unethical in their actions.

For example, Barman highlighted that in CIMA’s key findings on people acting under pressure, Malaysia was placed in a 45% likely category in terms of employees working with colleagues from different...

Similar Documents

Premium Essay

Bed and Breakfast Marketing Analysis

...- 10 Marketing Strategies .................................................................................................... 10 - 12 Conclusion ............................................................................................................................. 13 References ...................................................................................................................... 14 - 15 1.0 Executive Summary Borneo Safe Haven Bed and Breakfast is a bed and breakfast hotel business that is located exactly at the hearts of Kuching City. Kuching has millions of foreign travellers coming in and out every year ever since year 2010. Kuching has attracted many tourists due to the cleanliness of the city, the many tourist attraction places like museums and national parks, the friendliness of the citizens in Kuching also welcomed a lot of the tourists that visited Kuching. We will be utilising an old shop house and convert it into a modernized bed and breakfast hotel yet providing the customers the feel of staying in Borneo. We will also have a rooftop swimming pool with chilling areas and lounge that will serve light snacks and beverages while customers overlook the city of Kuching which will make us the first bed and breakfast in Kuching to have such facilities to provide a better stay experience for both the...

Words: 3914 - Pages: 16

Free Essay

Laporan Keuangan Pt Astra Agro Lestari

...PT ASTRA AGRO LESTARI Tbk DAN ENTITAS ANAK/ AND SUBSIDIARIES LAPORAN KEUANGAN KONSOLIDASIAN/ CONSOLIDATED FINANCIAL STATEMENTS 31 DESEMBER 2014 DAN 2013/ 31 DECEMBER 2014 AND 2013 PT ASTRA AGRO LESTARI Tbk DIRECTOR'S STATEMENT REGARDING RESPONSIBILITY FOR THE CONSOLIDATED FINANCIAL STATEMENTS OF ( 31 December 2014 ) SURAT PERNYATAAN DIREKSI TENTANG TANGGUNG JAWAB ATAS LAPORAN KEUANGAN KONSOLIDASIAN ( 31 Desember 2014 ) PT ASTRA AGRO LESTARI Tbk DAN ENTITAS ANAK /AND SUBSIDIARIES We, the undersigned.- Kami yang bertanda tangan dibawah ini : 1. Nama Alamat Alamat Domisili Nornor Telepon Jabatan 2. Nama Alarnat Alamat Domisili Nomor Tel epon Jabatan Widya Wiryawan JI.Pulo Ayang Raya Blok OR-I Kawasan Inclustri Pub Gadung Jakarta 13930 11.Tebet Timur Dal am VI D16 Jakarta Selatan 021-4616555 Presiden DirekturlPresident Director 1. Rudy .11.Pulo Ayang Raya Blok OR-1 Kawasan Industrt Pula Gadung Jakarta 13930 JI. P Jayakarta 121 No. 54 Sawah Besar Jakarta Pusat 021-4616555 Direktur Keuangan7Finance Director 2. Men yatakan bahwa : Name Address Address of Domicile Telephone Number Position Name Address Address of Domicile Telephone Number Position Declare that : 1. Bertanggung jawab atas penyusunan dan penyajian laporan keuangan konsolidasian perusahaan; 1_ We are responsible for the preparation and presentation of the company's consolidated financial statements; 2. Laporan......

Words: 31950 - Pages: 128

Premium Essay

Borneo Deforestation

...We have heard about the act of deforestation to make room for more land, such as crops. This not only puts endangered species in harms way as the act alone kills them, but it leaves the living without a home. A Huffington Post article entitled, 'Pygmy Elephants' Protection Was Slated Through Forest Reserve Designation In Malasia, Says WWF' (Eileen Ng, 01/31/2013) focuses on an area of Borneo (Sabah) that is home to the Pygmy Elephant. With fewer than 1,200 left in Malaysia, the elephant today is a severely endangered species. This is partly due to the fact that farmers are converting forests into crops for oil and rubber plantations, limiting these elephants to where they can and can not go. The executive director of The World Wildlife Fund of Malaysia made a statement saying, “Conversions result in fragmentation of the forests, which in turn results in loss of natural habitat for elephant herds, thus forcing them to find alternative food and space, putting humans and wildlife in direct conflict.” The land-form can be described as flat and ideal for agriculture, unlike mountainous regions also found in Southeast Asia. For an elephant, this makes it ideal for grazing which is problematic for the farmer. Rather than consult with the forestry department, farmers are taking matters into their own hands and poisoning the gentle beings. "The elephants are feared to have been poisoned because they encroached on Malaysian plantations, giving fresh urgency to activists' warnings......

Words: 507 - Pages: 3

Free Essay


...Article II Declares that the Philippines is a republican state and that sovereignty is vested in the people. The Philippine government shall defend the State but renounces war as an instrument of national policy. Likewise, the government shall support parents in educating the youth for good citizenship and promote social justice for the well-being and economic security of the people. Case study Commission on election Petitioner Rev. Elly Velez Pamatong filed his Certificate of Candidacy for President on December 17, 2003. Respondent Commission on Elections (COMELEC) refused to give due course to petitioner’s Certificate of Candidacy in its Resolution No. 6558 dated January 17, 2004. The decision, however, was not unanimous since Commissioners Luzviminda G. Tancangco and Mehol K. Sadain voted to include petitioner as they believed he had parties or movements to back up his candidacy. On January 15, 2004, petitioner moved for reconsideration of Resolution No. 6558. Petitioner’s Motion for Reconsideration was docketed as SPP (MP) No. 04-001. The COMELEC, acting on petitioner’s Motion for Reconsideration and on similar motions filed by other aspirants for national elective positions, denied the same under the aegis of Omnibus Resolution No. 6604 dated February 11, 2004. The COMELEC declared petitioner and thirty-five (35) others nuisance candidates who could not wage a nationwide campaign and/or are not nominated by a political party or are not supported by a registered......

Words: 943 - Pages: 4

Free Essay

Flag Burning

...Flag Burning History has taught us, sleeps or wakes up this country actually achieved independent over 54 years. Generally, the absolute freedom granted to the indigenous population heads of leadership that was originally under the leadership of Tunku Abdul Rahman Putra Al-Haj. However, it should be remembered again, the history of western imperialist occupation of much flushed and sweat of the people of Malay land resources for the benefits of themselves and their nation. What a cruel, greedy and cruel rule for 446 years occupied the country. As citizen of Malaysian, a string of previous history as a struggle should be the nation of Malaysia. “Eating is not satisfied, do not sleep soundly, no wet bath.” That is seen as circumstances and situation peoples of Malay in the colonial era. There are sad, bleaker and darker. If announced to the public about this story is sure to be stunned, speechless and some who shed tears of sympathy. Imagine imperialist atrocities when they were everywhere on our shoes. Indigenous populations into slaves, while other people pleasing profits from the sweat of our ancestors. Today security can no longer be defined only in the traditional form of accounting for the military threats and related issues even if we to enjoy nearly 54 years of independent in which globalization. The nation-state had to work together to safeguard commons interests, but at the same time maintaining special interest to them. This resulted in increasing need to......

Words: 3157 - Pages: 13

Free Essay

Using Old Resources in New Ways: Taman Dayaks Owe Their Existence to Carefully Nurtured Resources, but They Have to Adapt If They Want to Survive

...The roosters were crowing before darkness had faded in the riverside Dayak hamlet of Kunsali Patamuan in Kapuas Hulu district, West Kalimantan. Through the cracks of the timber walls in the 122 metre wide long-house, the faint sound of shuffling feet on squeaky floors penetrated to the compartments, as people went back and forth to the kitchens at the back of each living quarter. Not long afterwards, the clattering of tin kettles and stirring of teaspoons could be heard right, left and centre. The long-house was awakening. The village of Malapi is one of the home villages of the Tamans, a sub group of the Iban Dayak. There are about 6000 Tamans in all, their community spread through about a dozen villages in Kapuas Hulu. The village of Malapi is one of them, and consists of a string of four hamlets, one of which is Kunsali Patamuan, and six long-houses. Each long-house lodges between 20 and 40 family units. All are close to the river which runs through the village. Our particular long-house was only recently relocated here as the ever-moving Kapuas river bed had turned its erosive powers right up to the front of the old long-house. The old site had to be abandoned. An increasing rate of riverbank erosion is one of the environmental problems facing this community as a result of upstream logging, both legal and illegal. Every family living in the old long-house builds their own compartment or bilik, and it might take ten years or more before all are completed. The wood used......

Words: 2470 - Pages: 10

Free Essay

Deforestation in Indonesia and Philippines

...Deforestation in Indonesia and Philippines Deforestation has been a major issue on the global agenda for over 20 years. This problem has effected people, government and business around the world. The purpose of this essay is to compare the deforestation in two Asian countries which are Indonesia and Philippines. It looks at the incidences of the deforestation, the main causes and some government policies in these two countries. Deforestation is a major issue in Indonesia and it is getting worse rapidly. The loss of primary forest is increasing by an average of 47,600 hectares every year. According to a paper published in the June 29th edition of the journal Nature Climate Change, Indonesia has now overtaken Brazil as the country with the highest rate of annual loss in primary forest in the world (R.C., 2014). It was found that the Indonesia rapidly lost 840,000 hectares of the forest (Hellmann, 2014). Indonesia. The huge destructions that cause the lost to Indonesia rainforests is the carbon-rich peatlands for palm oil and paper threatens. Peatlands store huge amount of carbon and Indonesia's peatlands are vast. It stores around 35 billion tonnes of carbon. This is the major reason why Indonesia is also one of the world's largest emitters of climate changing greenhouse gases. Moreover, huge amount of carbon dioxide are being released from deforestation on peat soils. Seventeen out of sixty six......

Words: 518 - Pages: 3

Free Essay

Doing Business in Malaysia

...Trading environment is by nature government implication of the host country in the trade relationship with the hosted company; It can be positive and facilitate commerce with encouraging and low tariff and non-tariff barriers, as well as liberalization. Also, the financial environment is the business by which money is transferred among business, government and people and is function of financial and currency stability which are closely link to consumption and inflation which support your market size. It has an impact on currencies, exchange rate and it is supported by organizations such as WTO, or IMF. Finally, geography is the easiness of using resources by some geographical evidence of the country, as well as population, is a market size and a element to take into account when targeting and assessing its potential. In Malaysia, trading environment is pressing and leads for the company as a strong barrier for trade because of tariff and non-tariff barriers (para-tariff measure, price control…) of the intended business, and of strong inflows due to a large-scale policy easing, that tend to financial instability, increased exchange rates and asset prices in the host country. Likewise, the financial environment is slightly deteriorating. Depreciation of the currency would tackle external competitiveness, and therefore decrease standards of living of the citizen (rakyat) resulting in paying higher import prices for a product. But it is not the only factor, and as a......

Words: 498 - Pages: 2

Free Essay

Measures to Control Deforestation

...Afforestation is introduced by the government to protect forests to a certain extent. However, there are limitations as well. There are other measures that the government introduced to protect the forests- controlled logging, conservation and controlling forest fires. In afforestation, trees are planted in areas that were not originally covered with forests. Usually carried out in abandoned farmland. Trees are also planted in formerly forested areas that have been cleared by logging, which known as reforestation. Teak trees are commonly planted. Teak is commercially valuable and grows well in tropical rainforests. Teak grows fast and takes about five years before it is suitable for logging, as compared to about 20 years for other types of trees. Reforestation of forests has been possible in areas where the locals were actively involved in the projects. However, the rates at which forests are replanted are slower than the rates at which they are cleared because the incentives given to the locals in replanting the trees are not attractive enough. E.g. In East Kalimantan, replanting has covered only 90,000 square kilometres while the area reduced by deforestation is 250,000 square kilometres in 2000-01. Controlled logging is encouraged by MOF to minimize the damage caused by logging in rainforests to ensure carefully logging. Measures such as law enforcement, as well as education and research are taken to make sure the timber companies understand the extent of damage. Severe...

Words: 558 - Pages: 3

Free Essay

Malaysian Studies

...The population of indigenous communities are mostly in East Malaysia, which is in the Sabah and Sarawak. Basically, the indigenous group in Sarawak is mostly the Iban, Bidayuh, Malanau, Kenyah, Kelabit, Penan. However, the indigenous group in Sabah is consists of the Kadazan Dusun, Bajau, Murut, Rungu, Lotud, Brunei, Orang Sungai, Kadayan, Bisaya and many others sub-groups. Furthermore, this report is mainly focusing on the ethics group of Ibans and Bidayuhs. Sarawak is located on the island of Borneo with Kuching is its capital. It is the largest State among 13 States in Malaysia. The State of Sarawak cover an area of 124,449.51 sq. km, it is about 37% of the Malaysia total land area. Sarawak is known as the Land of Hornbills. It was naturally blessed with vast areas of both lowland and highland rainforest. Sarawak’s forests are the State’s most important resource and asset, producing timber and a multitude of forest products. The rainforest is home to an incredible variety of more than 8,000 species of flora and over 20,000 fauna, the majority of which are insects. Sarawak is also rich in its’ cultural, history and heritage; natural and adventure. Additionally, Sarawak is the state with the most districts in Malaysia, home to Batang Rajang, the country’s longest river, the world’s biggest flower the Rafflesia, and the Brooke Birdwing, the world’s largest butterfly. Sarawak also boasts the world’s most extensive cave system, the world’s oldest rainforest the size of Austria......

Words: 1610 - Pages: 7

Premium Essay

Hello World

...territory of Labuan in Malaysia; * Mindanao and the province of Palawan in the Philippines. The Program BIMP-EAGA cooperation aims to increase trade, tourism and investments with and outside the sub region by: * Facilitating the free movement of people, goods, and services * Making the best use of common infrastructure and natural resources * Taking the fullest advantage of economic complementation The BIMP-EAGA initiative is envisioned to be private sector-led and market-driven. Its goal is to accelerate economic development in focus areas which, although geographically distant from their national capitals, are in strategic proximity to each other, in one of the world's most resource-rich regions that includes the Heart of Borneo (HoB) and Sulu-Sulawesi Marine Ecoregion (SSME). To achieve its development goals, the BIMP-EAGA cooperation is anchored on five strategic pillars: Connectivity, Food Basket, Tourism, Environment, and Trade and Investment Facilitation. BIMP-EAGA and the Philippines: THE 12-member delegation of the Sabah Federation of Industries expressed interest to work closely with Cebu Chamber of Commerce and Industry to strengthen trade and tourism between Sabah and Cebu Datuk Seri Panglima Wong Khen Thau, president of the Sabah Federation of Industries and the organizing chairman of the SIE (Sabah International Expo) 2014 – says that...

Words: 755 - Pages: 4

Premium Essay

An Empowerment Partnership for Posdaya; Supporting Family Empowerment Program Through Corporate Social Responsibility a Case of Csr Partnership Program of Pt Adaro Indonesia and Posdaya in South Kalimantan

...An Empowerment Partnership for POSDAYA; Supporting Family Empowerment Program through Corporate Social Responsibility A case of CSR Partnership Program of PT Adaro Indonesia and POSDAYA in South Kalimantan Dr Laila Refiana Said Indonesian National Council on Social Welfare Universitas Lambung Mangkurat Abstract In recent years, social responsibility of corporations has become a major issue. As a result, the mining companies in Indonesia have come under increasing pressure by NGOs and communities. In response to the pressure, mining companies in Indonesia have carried out corporate social responsibility (CSR) programs, especially when the companies are subsidiaries of global mining companies that utilize CSR as part of their global business strategy. The companies recognize that there is a responsibility to give back to the local communities to ensure the development of a better life in the surrounding mining areas. This paper brings a family empowerment perspective to many of the issues covered in the CSR programs. One of the strategies emphasizes a good relationship with local communities through community development as PT Adaro Indonesia made through its free cataract surgery programs for residents in South Kalimantan together with Badan Koordinasi Kegiatan Kesejahteraan Sosial (Coordinating Agency of Social Welfare Activities). This paper examines the combined effectiveness of PT Adaro Indonesia’s CSR program with the family empowerment program of POSDAYA......

Words: 353 - Pages: 2

Free Essay

Felda Global Ventures Porter Analysis

...Felda Global Ventures Holdings Berhad Company Overview Felda Global Ventures Holdings Berhad (FGV), based in Malaysia, is a globally-integrated, diversified agri-commodities company with operations in ten countries across four continents. We are principally involved in plantations, downstream and sugar businesses. Incorporated in Malaysia as a private limited company in 2007, Felda Global Ventures Holdings Sdn Bhd (FGV) initially operated as the commercial arm of Federal Land Development Authority (FELDA). On 28 June 2012, the company was listed on the main market of Bursa Malaysia Securities Berhad as Felda Global Ventures Holdings Berhad. Today, Felda Global Ventures Holdings Berhad ranks among the top 25 companies on Bursa Malaysia with a market capitalization of RM16.6 billion. Felda Global Ventures Holdings Berhad employs close to 19,000 people in some 44 subsidiaries in over ten countries. PLANTATION |[pic] | |World’s third largest oil palm plantation operator by hectarage. | |Felda Global Ventures Holdings Berhad currently manages approximately 424,995 hectares of plantation estates in Malaysia as well as in Indonesia, primarily devoted to| |the cultivation of oil palms in East and Central Kalimantan. ...

Words: 418 - Pages: 2

Free Essay

Kadazan and Sabah Politics

...Reproduced from Federal-State Relations in Sabah, Malaysia: The Berjaya Administration, 1976-85 by Regina Lim (Singapore: Institute of Southeast Asian Studies, 2008). This version was obtained electronically direct from the publisher on condition that copyright is not infringed. No part of this publication may be reproduced without the prior permission of the Institute of Southeast Asian Studies. Individual articles are available at < > REFERENCES Abinales, Patricio N. Making Mindanao: Cotabato and Davao in the Formation of the Philippine Nation-state. Quezon City: Ateneo de Manila University Press, 2000. Abinales, Patricio N. and Donna J. Amoroso. State and Society in the Philippines. Lanham, M.D.: Rowman and Littlefield, 2005. Ahmad Ibrahim. “The Administration of Muslim Law Enactment, Sabah, 1977 (No. 15 of 1977)”. Journal of Malaysian and Comparative Law 5, no. 2 (1978): 359–62. Andaya, Barbara W. “Cash Cropping and Upstream-downstream Tensions: The Case of Jambi in the Seventeenth and Eighteenth Centuries”. In Southeast Asia in the Early Modern Era: Trade, Power, and Belief, edited by Anthony Reid. Ithaca, N.Y.: Cornell University Press, 1993. Baker, M. H. Sabah: The First Ten Years as a Colony. Kuala Lumpur: Malaysia Publishing House, 1965. Black, Ian. “The Ending of Brunei Rule in Sabah, 1878–1902”. Journal of the Malayan Branch of the Royal Asiatic Society 41, no. 2 (1968): 176–92. ———. A Gambling Style of Government:...

Words: 3324 - Pages: 14

Premium Essay


...TUTORIAL 1 A. Making Inferences Read the texts below and make some inferences. Complete the sentence with one inference. 1. Malaysia is among the top 25 most dangerous countries for road users, with 30 fatalities per 100,000 individuals. According to research by the University of Michigan conducted by the university’s Transportation Research Institute using 2008 World Health Organisation (WHO) data on 193 countries, the February 2014 research lists Malaysia as 17th most dangerous for drivers. Federal traffic police chief Senior Asst Comm Datuk Mohd Fuad Abdul Latiff said motorcyclists and pillion riders formed the majority of the road accident deaths with 3,223 people killed this year or 62.7 per cent of the overall fatalities. Car drivers and passengers came in second with 963 fatalities - 18.7 per cent - while pedestrians made up about 7.6 per cent with 393 deaths. Although the author did not specifically state but expects the reader to infer that ………………………………………………………………………………………………. 2. Universiti Malaya Education Faculty dean Associate Professor Dr Mariani Mohd Nor, a psychologist, said applications like WhatsApp, have become a platform for young couples to express their anger during domestic conflicts. “WhatsApp helps to forge closer ties among family members, but it has been abused, especially by the young generation. “When they express anger by sending messages in WhatsApp, it can give a different perception and intonation......

Words: 689 - Pages: 3