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World Market Watch

Proton: Disaster in making

You can talk until the cows come home and remain on the discussion table.

7 weeks after the March 31 deadline, General Motors (GM) and Volkswagen (VW) are still talking to Proton, who already asked for more money from the Government to pay off unprofitable dealers.

It was reported by Forbes that a senior government official declined [...]

Conflict of interest

After 2 months, World Bank President Paul Wolfowitz agreed to resign over his handling of a pay package for his girlfriend, a bank employee.

(SOURCE: BBC, 18 May 2007)

Conflict of interest is a big thing in US. The imminent exit of Wolfowitz is a good example.

Unlike Malaysia, conflict of interest is deeply ingrained. Oh you don’t [...]

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