THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Friday, July 13, 2001

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Macro Economy

Economy
Focus on misuse of corporate vehicles
CORPORATE vehicles ranging from trusts and corporations to foundations and partnerships are often misused for money laundering, bribery and corruption, shielding assets from creditors, tax evasion, self-dealing, market fraud and other illicit activities.

Industrial growth slumps further to 1.9 pc in May
THE country's industrial growth has slumped further to 1.9 per cent in May, following a dismal growth rate of 3.3 per cent for April.

Technology
Bio-tech conference in Bangkok
A THREE-DAY international conference on bio-technology got under way in Bangkok on Tuesday with a call for respect for the rights of consumers and the needs of farmers in developing countries in the face of fast spreading use of new technologies in agric ulture.


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