Merlita Durana, Marvin Gray Lazo, Van Hector Callanta, Richard Lajara
Posting the fastest GDP growth in Southeast Asia, the Philippines’ prospects for its economy are bright. Hence, this study intends to assess the GDP growth of the country for the period 2011 to 2014, specifically in the sectors of agriculture; investment; micro, small and medium enterprises; industry and services; and tourism. The study was conducted by gathering data from the concerned government agencies through interviews and referring to their published reports and websites. Performance of each sector was described and that of the country as a whole compared with the neighboring Asean countries. Researchers concluded that indeed, the government has firmed-up partnerships with the private sector in order to achieve the ultimate goals in each sector. As disclosed from the reports and interviews, financing was the major problem in the agriculture and MSME sector, which seriously needed government intervention. Thus, the researchers recommend a stricter implementation of the Magna Carta for MSMEs and agriculture sector so that banks would grant credit facilities to them. As for the investments; industry and services; and tourism sectors, the government has laid down a coordinated master plan for them which would require close monitoring and control for economic growth to be augmented and sustained. The government must be vigilant on how to realize the benefits from trade relations with APEC member countries.
{"title":"Agriculture, Fishery and Forestry, Industry and Services, Investments, Micro, Small and Medium Enterprises and Tourism as Drivers of the Philippine Economy: An Assessment","authors":"Merlita Durana, Marvin Gray Lazo, Van Hector Callanta, Richard Lajara","doi":"10.2139/ssrn.3235938","DOIUrl":"https://doi.org/10.2139/ssrn.3235938","url":null,"abstract":"Posting the fastest GDP growth in Southeast Asia, the Philippines’ prospects for its economy are bright. Hence, this study intends to assess the GDP growth of the country for the period 2011 to 2014, specifically in the sectors of agriculture; investment; micro, small and medium enterprises; industry and services; and tourism. The study was conducted by gathering data from the concerned government agencies through interviews and referring to their published reports and websites. Performance of each sector was described and that of the country as a whole compared with the neighboring Asean countries. Researchers concluded that indeed, the government has firmed-up partnerships with the private sector in order to achieve the ultimate goals in each sector. As disclosed from the reports and interviews, financing was the major problem in the agriculture and MSME sector, which seriously needed government intervention. Thus, the researchers recommend a stricter implementation of the Magna Carta for MSMEs and agriculture sector so that banks would grant credit facilities to them. As for the investments; industry and services; and tourism sectors, the government has laid down a coordinated master plan for them which would require close monitoring and control for economic growth to be augmented and sustained. The government must be vigilant on how to realize the benefits from trade relations with APEC member countries.","PeriodicalId":277743,"journal":{"name":"AARN: South East Asia","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133544363","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The paper deals with Muong epic tales included into the cycle of ‘The Birth of the Earth and Water’. These tales, which represent a type of ritual narrative performed during traditional mourning rites (Mo), are analyzed in the context of Vietnamese folk stories from a 15th century collection entitled ‘A Selection of Wondrous Tales of Linh Nam’. The comparative analysis of two bodies of narratives is used to suggest an alternative vision of the ethnic and cultural history of the Muong and the Vietnamese (Kinh).
{"title":"The Muong Epics of 'The Birth of the Earth and Water' in a Viet-Muong Comparative Perspective: An Alternative Vision of the Common Past","authors":"N. Grigoreva","doi":"10.2139/ssrn.2708982","DOIUrl":"https://doi.org/10.2139/ssrn.2708982","url":null,"abstract":"The paper deals with Muong epic tales included into the cycle of ‘The Birth of the Earth and Water’. These tales, which represent a type of ritual narrative performed during traditional mourning rites (Mo), are analyzed in the context of Vietnamese folk stories from a 15th century collection entitled ‘A Selection of Wondrous Tales of Linh Nam’. The comparative analysis of two bodies of narratives is used to suggest an alternative vision of the ethnic and cultural history of the Muong and the Vietnamese (Kinh).","PeriodicalId":277743,"journal":{"name":"AARN: South East Asia","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121783848","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Harmonization is the process of increasing the level of agreement in accounting standards and practices between countries. The purpose of this study is to boost and enhance the researchers’ understanding on the International harmonization of financial reporting. This study aims to define the International harmonization of financial reporting, identify the advantages, disadvantages and barriers for the International harmonization, and explore the progress of the harmonization of accounting standards in ASEAN countries. A literature review is done after reading articles, journals and books to gain better clarity about the subject and form a bigger picture about the study in its entirety.
{"title":"History, Advantages, Disadvantages, Barriers to the International Harmonization, and Discussion on the Progress of Harmonization Accounting Standards in ASEAN Countries (Malaysia, Singapore, and Thailand): A Review of the Research Literature","authors":"Fiza Urif","doi":"10.2139/ssrn.2648819","DOIUrl":"https://doi.org/10.2139/ssrn.2648819","url":null,"abstract":"Harmonization is the process of increasing the level of agreement in accounting standards and practices between countries. The purpose of this study is to boost and enhance the researchers’ understanding on the International harmonization of financial reporting. This study aims to define the International harmonization of financial reporting, identify the advantages, disadvantages and barriers for the International harmonization, and explore the progress of the harmonization of accounting standards in ASEAN countries. A literature review is done after reading articles, journals and books to gain better clarity about the subject and form a bigger picture about the study in its entirety.","PeriodicalId":277743,"journal":{"name":"AARN: South East Asia","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-08-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133991167","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The main purpose of this study is to determine the performance analysis on Islamic unit trust funds in Malaysia by comparing with Conventional unit trust funds. There are two factors that will influence the performance of Islamic Unit Trust funds which are risk and return. The performance of both funds will be evaluated based on standard performance measures known as Adjusted Sharpe Indices. As to conduct the study, the collected data were from January 2002 to December 2012 by using quarterly basis which retrieve from secondary data of Islamic and Conventional Unit Trust funds. In order to examine the influences of risk and return towards the performance of Islamic Unit Trust funds, the method used is regression method to analyze the data collected. The dependent variables will be the performance of Islamic Unit Trust funds while the independent variables are risk and return. The expected result of this research is to have the significant relationship.
{"title":"The Performance of Islamic Unit Trust Funds in Malaysia","authors":"Fasha Sandha","doi":"10.2139/ssrn.2277159","DOIUrl":"https://doi.org/10.2139/ssrn.2277159","url":null,"abstract":"The main purpose of this study is to determine the performance analysis on Islamic unit trust funds in Malaysia by comparing with Conventional unit trust funds. There are two factors that will influence the performance of Islamic Unit Trust funds which are risk and return. The performance of both funds will be evaluated based on standard performance measures known as Adjusted Sharpe Indices. As to conduct the study, the collected data were from January 2002 to December 2012 by using quarterly basis which retrieve from secondary data of Islamic and Conventional Unit Trust funds. In order to examine the influences of risk and return towards the performance of Islamic Unit Trust funds, the method used is regression method to analyze the data collected. The dependent variables will be the performance of Islamic Unit Trust funds while the independent variables are risk and return. The expected result of this research is to have the significant relationship.","PeriodicalId":277743,"journal":{"name":"AARN: South East Asia","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127904541","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper was sent to be published in the Journal of King Abdulaziz University for Islamic Economics. Also, it was presented in different title(1) in the Asia-Pacific Business Research Conference in Malysia, February 2011. The researchers highlighted the significant role of the Shari’ah corporate governance in the effectiveness and stability of Islamic financial Institutions in Malaysia. They outline the roles of corporate governance (in both conventional and Islamic corporation) through which it can be directed, administered and controlled. However, they argue that Shari’ah cooperate governance has different perspective and methodology. The Shari’ah cooperate governance primary is based on the tenet of Islam as the primary law and then on other positive laws, such as laws regulating the interest of the directors and the stakeholders. They described the structure of shari’ah corporate governance in Malaysia in order to emphasize and underscore some legal obstacles in the Shari’ah corporate governance and suggest some practical solutions to reform absence in the law.
{"title":"Legal Obstacles in Shari'ah Corporate Governance of Islamic Financial Institutions in Malaysia","authors":"Aishath Muneeza, Rusni Hassan","doi":"10.4197/ISLEC.24-2.6","DOIUrl":"https://doi.org/10.4197/ISLEC.24-2.6","url":null,"abstract":"This paper was sent to be published in the Journal of King Abdulaziz University for Islamic Economics. Also, it was presented in different title(1) in the Asia-Pacific Business Research Conference in Malysia, February 2011. The \u0000researchers highlighted the significant role of the Shari’ah corporate governance in the effectiveness and stability of Islamic financial Institutions in Malaysia. \u0000They outline the roles of corporate governance (in both conventional and Islamic corporation) through which it can be directed, administered and controlled. However, they argue that Shari’ah cooperate governance has different perspective and methodology. The Shari’ah cooperate governance primary is based on the tenet of Islam as the primary law and then on other positive laws, such as laws regulating the interest of the directors and the stakeholders. They described the structure of shari’ah corporate governance in Malaysia in order to emphasize and underscore some legal obstacles in the Shari’ah corporate governance and suggest some practical solutions to reform \u0000absence in the law.","PeriodicalId":277743,"journal":{"name":"AARN: South East Asia","volume":"49 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116118577","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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