Steps to boost competitiveness urged to counter recession

Article Abstract:

The Committee on Singapore's Competitiveness has given recommendations on how the country can fight recession and remain competitive. The recommendations, include increasing entrepreneurship and urging local firms to get global and lowering business costs by cutting wages. The committee's report shows how Singapore is trying its best to to improve its economy and become a winner in the crisis that has battered the Asian region. The Singaporean government has set the implementation of th recommendation before the end of November 1998.

Government domestic functions, Singapore, Competition (Economics), Singapore. Economic Development Board

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Seeking to unsnarl Taiwan's red tape

Article Abstract:

Taiwan is starting to restructure its rigid and bureaucratic system to attract more foreign businesses and investments so as to sustain its plan of further economic growth. This effort is contained in a plan called Asia/Pacific Regional Operations Center that has, as of 1995, already made some substantial inroads into the once highly regulated investment atmosphere. As an example, remittances by foreigners as well as allowable foreign ownership ratios have been increased.

Taiwan, Foreign investments, Laws, regulations and rules

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Estrada reforms chickenfeed? That would be a start

Article Abstract:

Phil. Pres Joseph E. Estrada's efforts to establish long-term economic development in the country remains a dismal failure for the actor-turned politician. Estrada is particularly criticized for his intentions of amending the constitution. The move, according to Estrada, is aimed at eliminating protectionism in international trade. Critics think otherwise, citing the constitutional change as an outlet for seeking another presidential term.

Philippines, Estrada, Joseph P., Constitutional amendments

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