The world renowned Cranfield School of Management in the UK will present a scholarship to any member of the three leading IFAC accountancy bodies in Sri Lanka, the Association of Chartered Certified Accountants (ACCA), the Institute of Chartered Accountants Sri Lanka (ICASL) or the Chartered Institute of Management Accountants Sri Lanka Branch (CIMA). Full Time MBA Programme Director Sean Rickard who informed Sri Lanka of the scholarship said, “We hope the scholarship attracts candidates who will benefit from this initiative and that, with the help of the accounting bodies in Sri Lanka, it will raise Cranfield’s profile. We are extremely grateful for the support of the institutes in this. We will be reviewing the success of the programme after two years.”

ACCA Sri Lanka’s Immediate Past President, Dilshan Rodrigo, himself an alumni of the Cranfield School of Management extends his best wishes to all candidates and says, “I hope most sincerely that this initiative will signal the birth of a new generation of professional skilled managers who will add value to the corporate boardrooms of Sri Lanka.” Stating that this is truly a world class MBA ranked consistently as one of the top MBAs in Europe, he adds, “This one year full time programme is ideally suited for members in middle and senior management positions with ambitious career goals.” Rodrigo, who has continued to maintain ties with Cranfield, further reinforced the relationship once he became President of ACCA Sri Lanka, sourcing resource speakers for the ACCA National Conferences in the last two years. “Two people who played significant roles in mooting this scholarship from the Cranfield end are the former Director of the MBA Programme Professor Leo Murray who was the Keynote Speaker at our conference in 2006 and has a soft spot for Sri Lankans and Sri Sriskanthan, a Sri Lankan faculty member on the MBA programme.”

Cranfield has produced a distinguished honour roll of MBA alumni from Sri Lanka over the last two decades including Managing Director of Hatton National Bank Rajendra Theagarajah, Senior Vice President of WNS Arul Sivagananathan and Group Financial Controller of Stretchline Hasantha de Silva. Members of ICASL, ACCA and CIMA must apply directly to Cranfield School of Management, for which instructions are available on the Cranfield website ww.som.cranfield.ac.uk/som/mba/, marking the application ‘Sri Lanka Scholarship’.

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The development of India Mr. NK need to take up the challenge to ensure that growth is just a meeting of stakeholders on the growth of multi-national Indian said. Participation in the two-day national conference organized by the Institute of Chartered Financial Analysts of India (ICFAI) Business School, leader noted that during the Indian MNC can not find growth in itself a problem, Charts real challenge was just to success.

Among the measures proposed by experts, the promotion of competitive international industry has been enhanced regime, measures to strengthen the currency of India and respect international recognized quality standards.

K. Pandia Rajan, director, Ma faith Management Consultants, opened the conference on “multi-national Indian - Blazing New Trails”. A.V. Sivarama Prasad, Vice President (HR), KCP Biotech, R. Ramasubramanian, President, Sundaram brake linings and K. Srinivasan, Director General, Carborundum Universal also spoke.

About 50 delegates visit the meetings organized under the growing phenomenon in India of multinationals and their impact on the management of culture and education.

The last day of the conference will discuss topics such as Business Process Re-engineering of globalization, cross-cultural and professional challenges and solutions, as B are schools to cope with future challenges.

Al-Boukhari was almost nothing to Malaysia among the richest men. He port facilities and an airport in southern Malaysia, and the accumulation of interests in real estate, hotels, power plants, rubber plantations, banks, retail and construction.

It is possible that Al-Boukhari spray at the end of part or all of its plants in its foundation. This Malaysia some of the biggest companies and large infrastructure developments is not controlled by the government or a family, but by specialists, on behalf of charity.

Khoo Teck Puat, a Malaysian, has lived in Singapore and in possession of nearly 15 percent of the Standard Chartered Bank, where he died in 2004, with the headquarters of the Khoo Foundation during the year 1981, a contribution on medical care, health and educational causes. After his death, 30 percent of his fortune, or $ US1.5 billion, was sent to the Foundation. Another US3.5 million went to Singapore National Foundation dialysis and several million more in Singapore was another body to buy a large collection of ceramics from the Tang dynasty. This year, the Foundation had a $ US60 million from the National University of Singapore for medical research, $ US13 million to set up an Institute for Research on Cancer and $ US82 million to help a capacity of 550 beds hospital.

Another important element is the foundation of Singapore Yong Loo Lin Trust, by another family business. During 2005, which had the confidence of $ US70 million NIS at the School of Medicine and by the year 2003, $ US20 million to the university for its Conservatory of Music.

The Ayala Foundation of the rich family Ayala, is a leading corporate donor to the Philippines. It supports a large number of good works to improve the welfare of citizens. The Foundation also has an arm of the USA, Filipinos, a contribution to social development programmes in the Philippines.

Similarly, the Philippines, John Gokongwei, the founder of the world’s largest business groups in the country, JG Summit Holdings, last year announced his intention to comply 25 per cent of its interest in JG the top of a non-profit foundation is to enable the country poor and indigent. Gokongwei specifically cited Li Ka-shing as a source of inspiration for his own work and for this gift in particular.

JG Summit Holdings is very diversified, with offices in real estate, banking, financial, food, petrochemicals, textiles, hotels, electricity, cement and telecommunications. A quarter of all people at present to do the work for charitable purposes.

This small but growing trend to transfer assets of companies, charitable foundations to improve corporate governance in Asia. Installation of professional management to maximize shareholder value in the interest of charity is one reason why the Tata Group of India and Ayala group on the Philippines are leaders in their respective countries, good governance. The company key players in Asia might look like a series of Bill and Melinda Gates Foundation adds another interesting dimension of the activity in Asia.