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NOVEMBER 2012 Volume 4 . Number 1. ISSN :2305-4557

Title

TOWARDS IMPLEMENTING PROPERTY ASSET MANAGEMENT: ASSESSING CURRENT GOVERNMENT PRACTICES IN PROPERTY MANAGEMENT

Author

Shardy Abdullah, Arman Abdul Razak, Mohd Hanizun Hanafi and Abdul Hamid Kadir Pakir

Source International Journal of Social Sciences  pp 001-008    Vol 04. No. 1 -- 2012
Abstract

The property asset management approach embodies a comprehensive and systematic outlook in enhancing the functions and value of property by embodying both a strategic component as well as an operational element. The Malaysian government, in realizing the beneficial impacts of this approach, has begun to try to instil property asset management in managing its properties. However, as the adoption of this approach is still very much at an infancy stage, the current practices of the government and its agencies are seen to be rather disjointed and incomprehensive. In most cases, the focus seems to be merely on property management elements, concentrating on operational maintenance activities rather than involving a strategic approach towards managing these properties. This study was therefore carried out with the aim to assess as well as analyze the current practices of the government, in gauging how far the property asset management approach has been adopted and to identify the gaps between the current management approach and a truly comprehensive property asset management. All 26 ministries within the Malaysian government were selected as the survey respondents and the subsequent data was then analysed. Study findings indicate that current government property management practices are simply limited to fulfil necessary scheduled maintenance activities while there is a clear lack of a strategic component towards adopting property asset management. Steps to minimize this apparent gap were then recommended with the hopes of enabling a more holistic approach towards managing government property assets.    

Keyword

Property asset management, property management, public property, Malaysian government

 

 

Title

EVOLUTION OF MONETARY POLICY IN EGYPT: A CRITICAL REVIEW

Author

Ahmed Fekry Mabrouk & Sherif Maher Hassan

Source International Journal of Social Sciences  pp 009-036    Vol 04. No. 1 -- 2012
Abstract

Inflation targeting (IT) has emerged in recent years as a leading framework for conducting monetary policy in order to attain price stability. Like many other developing countries, Egypt is now aspiring to introduce inflation targeting as a framework for its monetary policy. This paper reviewed the evolution of monetary policy in Egypt during the last two decades, starting in early 1990s with the lunch of series of agreements’ with IMF and world bank known as ERSAP, till 2010, the year prior to the rise of what’s called the Arab spring.  Additionally, we evaluate the IT experience in Egypt in terms of achieved goals and conducted institutional and monetary reforms. This research also drew some conclusions and formulated some policy recommendations for crucial monetary adjustments that Egypt should consider for the purpose of conducting IT.

Keyword

Monetary Transmission mechanisms, Egypt, Monetary policy, Inflation targeting.

 

 

Title

A COMPARATIVE ANALYSIS OF THE HUMAN RESOURCE MANAGEMENT AND DEVELOPMENT PRACTICES OF CENTRAL BICOL STATE UNIVERSITY OF AGRICULTURE AND UNIVERSITY OF BAGUIO

Author

Prof. Wilson Cordova

Source International Journal of Social Sciences  pp 037-046   Vol 04. No. 1 -- 2012
Abstract

The purpose of this study is to establish a comparison between Private and Public Institutions in the Philippines, the Central Bicol State University of Agriculture (CBSUA), a public institution and University of Baguio (UB), a private institution regarding the extent of implementation of Human Resources Management and Development (HRMD) practices. The data for the study will be collected through a questionnaire comprising items mainly related to recruitment and placement, training and development, performance appraisal, compensation and benefits and employee relations. The study is a qualitative case analysis.  It aims to see the similarities and or differences between a public and a private institution in the Philippines.  Recommendations will be made for the improvement of HRMD practices among these identified institutions. Were very much similar in most of the aspects of the HRM practices that were compared regardless on which sector they belong, whether a public or a private higher education institution.
At the end, recommendations were made for the improvement of HRM practices among these institutions.

Keyword

HRM Practices, Private HEI, Public HEI

 

 

Title

A NEW MANAGEMENT STRUCTURE FOR MALAYSIAN
ECONOMIC EXCLUSIVE ZONE

Author

Mohamad Rosni Othman  

Source International Journal of Social Sciences  pp 047-063    Vol 04. No. 1 -- 2012
Abstract

Malaysia is a Coastal State and a strong Malaysian Maritime Enforcement Agency is both in Malaysia’s long –term interest and essential to the nation’s prosperity. Maritime stakeholders need to work together to develop long-range technological road maps, foster innovation, and properly fund and innovation of the ship industry to ensure that the future of the Maritime Enforcement Agency has the size and capabilities needed to protect the Malaysia interests especially in the EEZ areas. This paper also proposes a new governance structure specifically designed towards sustainable management of the EEZ area and fulfilling Malaysia’s vision of becoming a developed maritime nation.

Keyword Maritime Management; Coast Guard, EEZ; Cluster Strategy, Governance Structure
 

 

Title

IMPROVING SOCIAL CAPITAL OF BMT (BAITUL MAL WATAMWIL): AN EXPERIENCE FROM BMT LATHIFAH, SUMEDANG INDONESIA

Author

Atih Rohaeti Dariah

Source International Journal of Social Sciences  pp 064-070    Vol 04. No. 1 -- 2012
Abstract

Like many other BMTs, BMT Lathifah ever faced financing problems. In the process of overcoming it, there were good opportunities to improve social capital. This paper elaborated the way in detail what BMT Lathifah had done to overcome financing problem and what type of social capital was improved. Descriptive research method was used to analyse data. The result indicated that BMT Lathifah had successed overcoming financing problem by rescheduling, restructuring, reconditioning. The management of BMT Lathifah developed internal management especially human resources and accounting management, made good relationship with customer, constructed Progress out Poverty Index as benchmark for decision financing. Qordhu hasan financing and ZIS (zakat, infaq and sodaqoh) which reflected social capital had increased. They are purely on cooperation and mutual help. The management also developed bonding social capital as a means of delivering coaching program for members, hearing complaints about the service, as well as socialization of Islamic Economics.

Keyword

BMT,  Financing Problems, Social Capital