Another slight: Malaysians angered by US move on latex imports

Article Abstract:

An FDA proposal to require that all latex-based medical products containing natural latex rubber bear warning labels has roused the ire of Malaysia's latex rubber industry, which dominates the world's market for medical examination gloves. The FDA wants the labels because of a sometimes fatal allergy caused by latex that occurs among 7% of surgical personnel and 40% of spina bifida patients. Malaysia had earlier been angered by US action against two other exports, palm oil and timber. In addition, the US has cited some Malaysian makers of medical gloves for producing inferior products.

International trade, International aspects, Labeling, Rubber industry, United States. Food and Drug Administration, Gloves, Latex

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Vanishing coral reefs: plundering threatens Tioman and other Asian tourist centres

Article Abstract:

Tioman Island's coral reefs have been gradually disappearing since 1983 due to plundering and pollution. The coral is used as building fill, decorative souvenirs and natural fauna in aquariums. Pollution caused by development of resorts on this Malaysian island, and damage by glass-bottomed and diving boats are also responsible for coral destruction. Though the resorts thrive on the Island's coral reefs as their main attraction, Asian countries should emphasize eco-tourism. They should also ban coral collection from the South China Sea to the Caribbean as the problem is a common one.

Environmental aspects, Environmental policy, Coral reef conservation, Coral reefs and islands, Coral reefs

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Life on Labuan

Article Abstract:

Malaysia's efforts to build a tax haven on Labuan island seem to be succeeding. There are now banks, trust companies, a reinsurance company and about 30 other companies operating in the island. Several international financial institutions are also scheduled to do business in Labuan. Offshore deposits are about US$400 million while loans outstanding are now about US$500 million. The island's success will depend on the government's ability to provide facilities and services necessary to attract more offshore financial institutions.

Tax havens, Foreign banks, Labuan

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