SR Alert
| 30 Jan 2009 - It's official: we're in the midst of what some believe could be a prolonged recession. How should businesses respond? Above all, argues Hector Nairn, don't do nothing - and look to standards for undiscovered opportunities. In the headline writers' version of events, a recession is very bad for business. However, it can also be useful to the level-headed. For example, a reduction in GDP is not a complete halt; business isn't stopping, just slowing down. There's reason to believe that by responding sensibly to the challenge, well run businesses will survive and even lay down the foundations for future prosperity once the storm has passed. |
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SR Watch
| By Floyd Norris Published: February 5, 2009 NEW YORK: As globalization spread in recent decades, the pace of world economic growth picked up. Open economies, it turns out, can grow faster than closed ones. But now, as the financial crisis has turned to an economic one, it appears that those running a closed economy may be in better shape to weather the storm. |
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Welcome to Malaysia's Official Homepage on Social Responsibility A website developed for the Department of Standards Malaysia (STANDARDS MALAYSIA). STANDARDS MALAYSIA is an agency under the Ministry of Science, Technology and Innovation (MOSTI). It is also the national standards and accreditation body. This website is developed and managed by the Malaysian Association of Standards Users (Standards Users) for STANDARDS MALAYSIA. |
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