Reports on the impact of the 1998 Asian financial crisis on Asian millionaires. Asian tycoons profiting from the crony capitalism that has been blamed for the financial crisis; `Forbes,' magazine ranking the businessmen and assessing their losses; Asia's richest man, Lee Shau-kee suffering paper losses of billions; Other businessmen and their losses.
The article stresses the need for more federal support for medical technology companies in Australia. A paper published by the Medical Technology Association of Australia (MTAA) suggests strategies on how to ensure a sustainable medical technology industry. The MTAA proposes an increase in export of medical technology products to meet the growing demand across Asia. The organization also favors a collaborative approach to thinking about the future of the industry.
Published
2012
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