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Research at Business

School Research Strengths

Asian Economic Development

Research Strength

ASIAN ECONOMIC DEVELOPMENT

Research Students (MPhil / PhD)

Events / Activities

Available External Funding Sources / Grants

MEMBERS

Permanent Members	Prof. Gamini Herath (Strength Leader) Prof. Mahendhiran Nair Prof. Eduard Bomhoff Prof. Glenda Crosling Marian Assoc. Prof. Gareth David Leeves Dr. Grace Lee Hooi Yean Dr. Jothee Sinnakkannu Dr. Poon Wai Ching Dr. Santha Vaithilingam Dr. Siew Eu-Gene Dr. Soo Siew Choo Dr. Tan Swee Ho Ms. Aniza Zainol Ms. Foo Yee Boon Ms. Jeyanthi Selvarajah Mr. Kalaithasan Kuppusamy
Associate Members	Dr. Balachandher Krishnan Guru Dr. Yunus Ali Dr. Mohammed Sharaf Shaiban Ms. Mohana Muniandy Ms. Norita Mohd Nasir Ms. Shyamala Dhoraisingham Dr. Patricia Goon (School of Art and Social Sciences, Monash University Sunway Campus) Assoc. Prof. Paul Yeow Dr. Sony Jalarajan Raj (School of Art and Social Sciences, Monash University Sunway Campus) Associate Professor Gil Soo Han (Monash University Australia)
External Members	Associate Professor Saadiah Mohammad, World Islamic Economic Forum (WIEF) - Universiti Teknologi MARA, Malaysia Associate Professor P.J. Atchiah, Faculty of Business Management, Universiti Teknologi MARA, Malaysia Dr. Hiew Pang Leang, CEO, British Telecoms Multimedia, Malaysia Mr. Ramachandran Ramasamy, Head of Policy, Capability and Research, National Information & Communication Technology Association of Malaysia
Student Members	Wong Chin Chin, Senior Research Analyst, British Telecommunication

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STRENGTH DESCRIPTION

Over the last three decades, the global economic landscape has undergone major structural changes due to the forces of globalization, liberalization and digitization. Economies across the globe, especially countries in the Asian region are grappling with the rapid transformations in the global economic architecture. Researchers in this school are currently studying new economic & empirical models to understand how these forces impact the countries in the Asian region, and the policies & strategies that will help developing countries in the Asian region achieve sustainable economic development.

The primary objectives of members of this research area are:

To undertake research activities in identifying the enabling ecosystem that will facilitate developing and emerging economies in the Asian region to achieve sustainable economic development and migrate to a knowledge-based economy.
To develop educational and case study materials derived from the research undertaken in this area - contributing to the university’s vision of impacting the community through research-led teaching.
To provide a platform for researchers from Monash University, public universities, industry, public policy organizations and non-governmental organizations to foster collaboration with the aim of converting Monash research output into social capital & wealth for key stakeholders in the region.

Key deliverables of this research area are as follows:

Research – undertake high quality research that contributes to the strategic development of developing and emerging economies in the region.
Human capital development - meeting the human capital development needs of the region via the following programs:
- Higher Degree Research Training (MPhil and PhD)
- Post-Doctoral Training
- Short courses and training for government and industry
Infrastructure Support - provide infrastructure support for industry and government to undertake research in national and regional economic priority areas. The infrastructure support includes the following:
- Computing facility (including software)
- Statistical Consulting Service
- Resource Centre
Public Policy Formulation – contribute to public policy formulation in the region through memberships in government committees, industry associations and participations in industry & government forums.
Global Networking - be a key conduit for networking and establishing linkages with other research institutions and ‘think-tanks’ in the region and across the globe.

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PUBLICATIONS

(I) BOOKS

1	Sheela Devi, Jothee Sinnakkannu and Balachandran Shanmugam (2010), Lessons from Lehman, October 2010, Taylors University Press, Malaysia (ISBN: 978-967-0173-00-9)

(II) BOOK CHAPTERS

1	Herath, Gamini, (2009), “ Rights Devolution under Irrigation Management Transfer in Developing Asia: Theoretical Considerations and Empirical Results”, edited by Lin Crase and Vasant P. Gandhi in Reforming Institutions in Water Resource Management, Earthscan, Washington, pp. 281-299.
2	Herath, Gamini, (2009) “Institutions for Water Management in Developing Countries: Their Role, Nature and Analysis”, edited by Lin Crase and Vasant P. Gandhi in Reforming Institutions in Water Resource Management, Earthscan, Washington DC, pp.83-99.
3	Nair, M. (2009), “Language proficiency and affinity to the information society: challenges and opportunity for rural society,” edited by Ramachandran Ramasamy in ICT Strategic Review 2009/2010: Innovation the way forward, National ICT Association Malaysia and Ministry of Science Technology & Innovation Malaysia, pp.141-160.
4	Nair, M. and Shariffadean, T.M.A., (2009), “Managing innovation in the network economy: lessons for countries in the Asia-Pacific region”, in Digital Review of Asia Pacific 2009-2010, Sage Publications, pp. 25-42.
5	Nair, M., Davison, R., Kuppusamy, M., (2008) “Competitiveness of ASEAN-5 in the Information Economy: An Empirical Analysis”, in Media and Development in Asia: Regional Perspectives, Asian Media Information Centre (AMIC), pp61-98.
6	Kuppusamy, K., and Abdul Rahman, M.N., (2007) “Developing A Strategy Map and a Balance Scorecard for Islamic Banks”, in Islamic Finance: The Challenges Ahead, Universiti Putra Malaysia Press, pp. 189–202.
7	Mohd Nasir, N., and Zainol, A., (2007),"Globalization of Financial Reporting: An Islamic Focus”, in Globalization of Accounting Standards, Edwards Elgar Publishing Ltd, pp. 261–274.
8	Choong CK., Yusop Z. and Soo SC., (2006), "Foreign Direct Investment and Economic Growth. Time Series Econometric Analysis: Selected Issues in ASEAN Economies", Prentice Hall Pearson Malaysia Sdn Bhd, Petaling Jaya, Selangor, Malaysia.

(III) JOURNAL ARTICLES

1	Batabyal, A. and Herath, G. (2010), "A dynamic and stochastic analysis of ship inspections and alien species management", Letters Spatial Resource Sciences, Vol. 3, pp. 33-39.
2	Batabyal, A. and Herath, G. (2010), "A stochastic analysis of goods allocation by queuing and the prevention of violence", Economics Bulletin, Vol. 130, pp. 3143-3151.
3	Foo, Y. B., and Mat Zain, M. (2010), "Board Independence, Board Diligence and Liquidity in Malaysia", Journal of Contemporary Accounting and Economics, Vol. 6, pp. 92-100.
4	Soo, S. C., Choong, C. K. (2010), “An Emergence of a Common Currency Area in the Selected East Asian Economies: A Revisit”, The Singapore Economic Review, Vol. 55, No. 2, pp. 353–376.
5	Goomas, D. and Yeow, P.H.P. (2010), "Ergonomics improvement in a harsh environment using an audio feedback system", International Journal of Industrial Ergonomics, Vol. 40, No. 6, pp. 767-774.
6	Balakrishnan, V. and Yeow, P.H.P. (2010), "Determining the predictors and a cross-gender analysis for messaging satisfaction", Human IT, Vol. 11, No. 1, pp. 29–54.
7	Wong, S.B., Richardson, S., and Yeow, P.H.P. (2010), "An ergonomics study of a semiconductors factory in an IDC for improvement in occupational health and safety", International Journal of Occupational Safety and Ergonomics , Vol. 16, No. 3, pp. 345-356.
8	Yuen, Y. Y., Yeow, P. H.P., Lim, N., and Saylani. N. (2010), "Internet Banking Adoption: Comparing Developed and Developing Countries", Journal of Computer Information Systems, Vol. 51, No. 1, pp. 52-61.
9	Grace, H.Y. Lee, and M. Azali. (2010), “The Endogeneity of the Optimum Currency Area Criteria in East Asia”, Economic Modelling, Vol. 77, No. 1, pp. 165-170.
10	Ananda, J and Herath, G. ‘A Critical Review of Multi-criteria Decision making methods with special reference to forest management and planning’, Ecological Economics, Vol. 68, pp. 2535-2548.
11	Kasipillai, J. and Jeyanthi, S. (2009) “Tax Guidelines for Financial Institutions Adopting FRS 139 and Its Impact on Commercial Activity”, The Company Lawyer, Vol. 30, Issue. 4, pp. 124-126.
12	Poon, W.C. (2009), "Modelling monetary transmission channels: The case of Philippines", Journal of Applied Research in Finance, Vol. 1, No. 1, pp. 63-71.
13	Poon, W.C. (2009), "Is asset price relevant in constructing monetary conditions index (MCI) for Indonesia?", ICFAI Journal of Applied Economics, Vol. VIII, No. 3-4, pp. 72-83.
14	Poon, W.C. (2009), "Augmented monetary conditions index: The ARDL approach", The Business Review Cambridge, Vol. 13, No. 1, PP. 287-295.
15	Poon, W.C., Yong, D.G-F, Lam, P.W-H. (2009), "An Insight into the Attributes Influencing the Acceptance of Internet Banking: The Consumers' Perspective", International Journal of Services and Standards, Vol. 5, No. 1, pp. 81-94.
16	Poon, W.C., & Tong, G. K. (2009), "The feasibility of inflation targeting in Malaysia", Economics Bulletin, Vol. 29, No.2, pp. 1036-1046.
17	Ho, J.S.Y., Yong, D.G.F., Poon, W.C. & Ooi, K.B. (2009), "Relationship between the Full range leadership and insurance salesperson’s job satisfaction", International Journal of Business and Management Science, Vol. 2, No. 1, pp. 43-60.
18	Ho, J. S-Y, Yong, D. G. F., Poon, W-C., Ooi, K. B. (2009) “Closing the relationship gaps: Preferred and perceived leadership style among life insurance agents”, Australian Journal of Basic & Applied Sciences, Vol. 3, No. 3, pp. 2437-2446.
19	Vaithilingam, S. and Nair, M. (2009), “Mapping global money laundering trends: Lessons from the pace-setters,” Research in International Business and Finance, Vol. 23, pp. 18-30.
20	Saadiah, M., Nair, M., Jusoff. (2009), ”Exchange rates and export competitiveness in selected ASEAN countries,” International Business Research, Vol. 2, No. 2, pp. 156-166.
21	Samudram, M., Nair, M. and Vaithilingam, S., (2009), “Keynes and Wagner on government expenditures and economic development: The case of a developing economy,” Empirical Economics, Vol. 36, pp. 697-712.
22	Nair, M., Goon, P. K. L., Muda, R., Han, G., Lee, H., (2009), "Affinity of rural society to the information economy: An exploratory analysis from Malaysia", Economic Bulletin, Vol. 10, pp. 101-133.
23	Li, Y. and Nair, M. (2009), “Is free trade beneficial in stimulating economic growth? Empirical evidence from Asia-Oceania region", Economic Bulletin, Vol. 10, pp. 31-59.
24	Zainol, A., Nair, M., Kasipillai, J., (2008) “R&D reporting Practice: Case of a Developing Economy” Journal of Intellectual Capital, Vol. 9, pp. 122-132.
25	Nair, M., Samudram, M., Vaithilingam, S., (2008) “Malaysian Money Demand Function Revisited: The ARDL Approach” Journal of Asia-Pacific Business, Vol. 9, pp. 193-209.
26	Poon, W.C., (2008). “Users’ Adoption of E-banking Services: the Malaysian Perspective” Journal of Business and Industrial Marketing, Vol. 23, No. 1, pp. 59-69.
27	Low, K.L.T., and Poon, W.C., (2008) “The utilization of fuzzy logic in corporate governance assessment in business economics” International Journal of Corporate Governance. Vol. 1, No. 2, pp. 146-161.
28	Poon, W.C.,, and Tan, B.C., (2008) “Spread of E-Banking in Malaysia: A Consumer Perspective” The ICFAI University Journal of Bank Management, Vol. VII, No. 4, pp. 71-84.
29	Poon, W.C., Muzafar, S.H., Ahmad, Z.B., and Mohamad, A., (2008) “Monetary conditions index in Singapore” ICFAI Journal of Applied Economics” Vol. VII, pp. 6-22.
30	Poon, W.C., (2008) “Does credit channel matter in the conduct of monetary policy in Singapore?” ICFAI Journal of Monetary Economics, Vol. VI, pp. 40-50.
31	Mohamad, S., Kamaruzaman, J., Nair, M., Zaghlol, A., (2008) “The Effects of Balassa-Samuelson in South-East Asia” Asian Social Science, Vol. 4, pp. 112-116.
32	Mohamad, S., and Nair, M., (2007) “Were Currencies Deliberately Undervalued to Promote Exports? An Empirical Examination of Selected Asean Countries (1965–1998)” Applied Economics and Policy Analysis, Vol. 1, No. 1-2, pp. 183-193.
33	Nair, M., and Chandran, V., (2007) “Short-run and Long-run Dynamics between Exports, Foreign Direct Investment and Output in the Manufacturing Sector: The Case of Malaysia” Asian-African Journal of Economics and Econometrics, Vol. 7, No. 1-2, pp. 377–384.
34	Marimuthu, J., and Nair, M., (2007) “Key Drivers for Employee Job Satisfaction in Conventional and Islamic Banks in Malaysia” Economic Bulletin, Vol. 8, pp. 113–134.
35	Poon, W.C., (2007) “An application of augmented monetary conditions index (MCI) in Thailand” Global Review of Business and Economic Research” Vol. 3, pp. 99-109.
36	Nair, M., (2007) “The ‘DNA’ of the New Economy” Economic Bulletin, Vol. 8, pp. 27–59.
37	Samudram, M. and Vaithilingam, S., (2007) “Trade Liberalization and Financial Development: The Malaysian Experience” Economic Bulletin, Vol. 8, pp. 77–94.
38	Vaithilingam, S., and Nair, M., (2007) “Factors Affecting Money Laundering: Lesson for Developing Countries” Journal of Money Laundering Control, Vol. 10, No. 3, pp. 352–366.
39	Nair M. and Vaithilingam S. (2006) “Modelling Malaysian Natural Rubber Supply Response Function-Strategies and Policies to Enhance Competition” Journal of International Business and Economics, Vol. 5, No.1, pp. 186-194.
40	Nair M., Madhavan K. and Vengedasalam D. (2006) “The Effect of Trade Openness on Manufacturing Industry in Malaysia: Strategies to Enhance Its Competitiveness” International Journal of Management, Vol. 23, No. 4, pp. 878-890.
41	Khong, K.W. and Nair M., (2006) “The effects of customer service management on business performance in Malaysian banking Industry: An Empirical Analysis” Asia Pacific Journal of Marketing and Logistics, Vol. 18, No. 2, pp. 111-128.
42	Vaithilingam, S., Nair, M. and Samudram, M. (2006) “Key Drivers for Soundness of the Banking Sector: Lessons for Developing Countries” Journal of Global Business and Technology, Vol. 2, No. 1, pp. 1-11.
43	Choong, C.K., Poon, W.C., Muzafar, S.H., and Zulkornain, Y., (2006) “The Validity of Purchasing Power Parity (PPP) Theory in ASEAN-Five economies: The Bounds Test Approach” International Journal of Business and Society, Vol. 7, pp. 1-16.
44	Poon, W.C., and Muzafar, S.H., (2006) “Do financial macroeconomics variables affect GDP in Malaysia? Some empirical evidence” Journal of Business Research, Vol. 1, pp. 136-143.
45	Poon, W.C., and Muzafar S.H., (2006) “Monetary conditions index in Thailand: Assessment from the ‘Bounds’ Testing approach” International Journal of Business Research, Vol. 2, pp. 131-139.

(IV) CONFERENCE PAPERS

1	Kuppusamy, K., Muhamad, R., (2008) ”Corporate Social Responsibility of Companies under FTSE Bursa Malaysia Hijrah Shariah Index: Have They Raised the Bar?” 4th International Conference on Global Research in Business & Economics, Bangkok, Thailand, 28-30 December.
2	Ayman, E.S., Yong, D.G.F, Poon, W.C., (2008) “Barriers for Implementing ICT on Higher Education in Underdeveloped Countries Sudan: Case Study” 2008 International Conference on Information Resources Management (IRM2008), Niagara Falls, Ontario, 18-20 May.
3	Ayman , E.S., Poon, W.C.,Yong, D.G.F., Nour, E.M.E. (2008) “The Role of ICT in Higher Education: Case Study from Sudan” Regional Development International Conference and Exhibition: Building the Foundation for Regional Development (REDICE08), Multimedia University, Malaysia, 5-6^th November.
4	Ng, M.Y., Yong, D.G.F., Poon, W.C., (2008) “A Reflection on the Malaysia Corporate Governance Development Milestone” Regional Development International Conference and Exhibition: Building the Foundation for Regional Development (REDICE08), Multimedia University, Malaysia, 5-6^thNovember.
5	Poon, W.C., (2008) “The augmented monetary conditions index in Philippines” The 11^th International Convention of the East Asian Economic Association, Manila, Philippines, 15-16 November.
6	Poon, W.C.,and Koo, A.C. (2008) “Emerging Issues and Developments in Mobile Learning” 2nd Asia Pacific Regional Mobile Learning & Edutainment Conference 2008, PWTC, Kuala Lumpur, Malaysia, 20-21 November.
7	Ho S.Y., Yong, D.G.F., Poon, W.C., (2007) “Preferred and perceived leadership styles: adapting the importance-performance analysis as a diagnostic tool for the managers and leaders” In proceeding of AGBA - Academy For Global Business Advancement And Asian Academy Of Management, USM, Penang, Malaysia, 21 – 25 May.
8	Yong, D.G.F., Poon, W.C., Lam, P.W.H. (2007) “E-Services-Determinants of Purchase Decision in Malaysia” International Conference on Global Academy of Business and Economics Research (GABER) 2007, Bangkok, Thailand, 27-29 December.
9	Poon, W.C., Yong, D.G.F, Lam, P.W.H., (2007) “The Key Adoption Factors of E-banking Service in Malaysia” International Conference on Global Academy of Business and Economics Research (GABER) 2007, Bangkok, Thailand, 27-29 December.
10	Poon, W.C., (2007) “Evidence on the dynamic monetary conditions index in Philippines” International Conference on Global Academy of Business and Economics Research (GABER) 2007, Bangkok, Thailand, 27-29 December.
11	Poon, W.C., (2007) “An application of augmented monetary conditions index in Thailand” International Conference on Global Academy of Business and Economics Research (GABER) 2007, Bangkok, Thailand, 27-29 December.
12	Poon, W.C., (2007) “Is credit channel matter in the conduct of monetary policy in Singapore?” International Conference on Global Academy of Business and Economics Research (GABER) 2007, Bangkok, Thailand, 27-29 December.
13	Yap C.F., Yong, D. G.F., Poon, W.C., (2007) “Predicting Company Failures in Malaysia using Financial Ratios and Multiple Discriminant Analysis” International Conference on Global Academy of Business and Economics Research (GABER) 2007, Bangkok, Thailand, 27-29 December.
14	Poon, W.C., and Muzafar S.H. (2007) “Is asset price relevant in constructing monetary conditions index (MCI) for INDONESIA?” Seminar UPM FEP 2007: Managing Knowledge in the Borderless World, Swiss Garden Damai Laut Resort, Lumut, Perak, Malaysia, 4-6 December.
15	Kuppusamy, K., and Vaithilingam, S., (2007) “Informational Value Effect of Syariah Index Original Inclusions and Additions: Evidence from the Malaysian Stock Market” 2^nd IBS Ahmedabad International Conference on Management, Ahmedabad, India, 27-29 December.
16	Grace H.Y. Lee, M. Azali. (2007) “The Endogeneity of Optimum Currency Area in East Asia” FEP seminar – Managing Knowledge in the Borderless World”, Lumut, Perak, Malaysia, 4-7 December (Best Paper).
17	Kuppusamy, K., (2006), “Performances of Real Estate Investment Trusts (REITs) in Malaysia”; Global Business and Technology Association International Conference, Moscow, Russia, 27-30 June.
18	Vaithilingam, S. and Nair, M., (2006), “Key drivers for soundness of the banking sector: Lessons for Developing Countries” 2006 GBATA, Global Business and Technology Association; International Conference, Moscow, Russia, June 27-July 1.
19	Zainol, A. and Nair, M., (2006) “R&D Reporting Practices of Public Listed Companies in Malaysia: A PROBIT Analysis”, 2006 GBATA, Global Business and Technology Association; International Conference, Moscow, Russia, June 27–July 1.
20	Choong, C., Zulkornain, Y., and Soo, S., (2006) “Balance-of-payments Growth Model: The case of ASEAN-Five Countries” 2^nd International Borneo Business Conference, Sarawak, Malaysia, 6-8 December.
21	Soo, S.C. and Choong, C.K. (2006), “An Emergence of a Common Currency Area in the Selected East Asian Economies: A Revisit”, 2nd International Borneo Business Conference 2006, Kuching, Sarawak, Malaysia, 6-8 December.
22	Poon, W.C., and Muzafar, S.H. (2006) “Do financial macroeconomics variables affect GDP in Malaysia? Some empirical evidence” International Academy of Business and Economics (IABE-2006) Annual Conference: Research/Teaching Excellence in Business and Economics, New Frontier Hotel & Casino, Las Vegas, Nevada, USA, 15-18 October.
23	Poon, W.C., & Muzafar, S.H. (2006) “Monetary conditions index in Thailand: Assessment from the ‘Bound” testing approach” IABE-2006 Annual Conference: Research/Teaching Excellence in Business and Economics, New Frontier Hotel & Casino, Las Vegas, Nevada, USA, 15-18 October.
24	Poon, W.C., Muzafar, S.H., M. Azali , Ahmad Z.B. (2006) “Testing various transmission mechanisms on economic growth in Malaysia” 2nd IBBC (2006) International Borneo Business Conference: Revolutionizing knowledge towards Economics & Business Advancement, Hilton Hotel, Kuching, Sarawak, Malaysia, 6-8 December.

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RESEARCH GRANTS

A. MUSC Research Grant (Seed)

No.	Researcher(s)	Project Title	Reference
1	Dr. Soo Siew Choo Dr. Nicole Lai Dr. Meechai Orsuwan	Examining the causes and implication of migration intention in Malaysian students: A baseline study	2011 (Beginning)
2	Assoc. Prof. Shanthy Rachagan Dr. Elsa Bawani Dr. Poon Wai Ching Shelly Marshall (MUA)	Does introduction of new regulations to improve corporate governance affect firm value: evidence from Malaysia	2011 (Beginning)
3	Prof. Eduard Bomhoff Dr. Santha Vaithilingam	Modernization in Asian Societies compared to the West - Using the World Values Survey	2011 (Beginning)
4	Dr. Poon Wai Ching Prof. Gamini Herath	Estimating the Economic Value of Environmental Damages in Oil Palm Production in Malaysia for Sustainable Production	2011 (Mid)
5	Dr. Gareth Leeves	Stock Returns and Earnings and the Impact of Industrial Relations : Evidence for Malaysia and Thailand	2011 (Mid)
6	Dr. Poon Wai Ching Tong Gee Kok (MMU)	The optimal monetary policy rules for small open economies - Malaysia	2010 (Mid)
7	Assoc. Prof. Christina Lee Prof. Deborah Levy (Uni. Of Auckland) Dr. Crystal Yap Dr. Poon Wai Ching	Understanding the dimensions and effect of place identity and consumption values on commitment to sustainability	2010 (Mid)
8	Dr. Patricia Lau	Organizational culture and learning organization influences on organizational citizenship behavior: The mediating role of organization commitment in Malaysian foreign banking institutions	2010 (Mid)
9	Dr. Jothee Sinnakkannu	Full Moon New Moon Effects on Stock Returns in Muslim and Non-Muslim Countries	2009 (Mid)
10	Dr. Grace Lee Hooi Yean	The Empirical Desirability of East Asia for Monetary Union	2009(Beginning)
11	Dr. Poon Wai Ching	The modified monetary condition index: Is it a sufficient indicator of monetary policy stance? A comparison for ASEAN-5 countries	2009(Beginning)
12	Dr. Santha Vaithilingam	Identification and Inference of Banking Sector Fragility: An Econometrics Analysis	2008 (Beginning)
13	Kalaithasan Kuppusamy	A Comparison of State of Corporate Social Responsibility between Big and Small Companies in Malaysia: Is there a distinct gap	2008 (Mid)
14	Professor Mahendhiran Nair	Uncovering Homogeneous Substructures in a Heterogeneous Sample: Theory and Applications	2007 (Beginning)
15	Assoc. Professor Muthi Samudram	Can the Agriculture Sector be a New Source of Growth for the Malaysians	2007 (Beginning)
16	Dr. Santha Vaithilingam	Assessment of the Financial Systems in Selected ASEAN Countries	2007 (Beginning)
17	Aniza Zainol	The Accounting Based Valuation of the Malaysian Corporate Research and Development Activities	2006 (Beginning)
18	Professor Mahendhiran Nair	Measuring Innovative Capacity of Nations in the New Economy: A Longitudinal Study	2006 (Beginning)
19	Dr. Santha Vaithilingam	Mobile Banking in Malaysia : Strategies and Policies to Enhance Greater Usage of New Technology	2006 (Beginning)
20	Dr. Soo Siew Choo	An Examination on the Impact of Technological Change and Efficiency Change on Shareholder Wealth Maximization Using the Total Productivity Change Approach	2006 (Beginning)

B. MUSC Research Grant (Large)

No.	Researcher(s)	Project Title	Reference
1	Professor Mahendhiran Nair	ICT Adoption Among 'Urban-Poor' Communities in Malaysia: Key Drivers, Challenges and Way Forward	2009 (Beginning)
2	Assoc Professor Gil-Soo Han Professor Lee Poh Aun Professor Mahendhiran Nair Dr. Patricia Goon	The Digital Divide and Minding the Gap: Views from Malaysian Rural Grassroots	2006

C. Non-MUSC Research Grant

No.	Researcher(s)	Project Title	Source	Reference
1	Shelley Marshall Dr. Elsa Satkunasingam Assoc. Prof. Shanthy Rachagan Dr. Poon Wai Ching	Corporate Governance and Firm Performance in Malaysia	Monash University Australia (MUA)	2011
2	Dr. Santha Vaithilingam Professor Mahendhiran Nair	The Malaysian Applied General Equilibrium (MyAGE) Model	Centre of Policy Studies (CoPS)	2011
3	Professor Mahendhiran Dr. Santha Vaithilingam	National Innovation Ecosystem and Sustainable Development: Leap Frogging Strategies for Marginalized Communities in Malaysia	FRGS	2010
4	Loo Huck Soo (Uni. Teck. MARA) Mohd Ridhwan B. Mohammed R (UiTM) Assoc. Professor Paul Yeow (Collaborator)	Ergonomic Improvements in Air Handler Manufacturing for Air Conditioning Applications	E-Science Fund from Ministry of Sciences, Technology and Innovation (MOSTI)	2010
5	Tan Khong Sin (MMU) Uchenna Cyril Eze (MMU) Assoc. Professor Paul Yeow (Collaborator)	The applicability of Information Technology Governance among Malaysian companies	E-Science Fund from Ministry of Sciences, Technology and Innovation (MOSTI)	2009
6	Dr. Poon Wai-Ching	Modelling Monetary Transmission Channels in an ASEAN Country: The Case of Philippines	ECR Grant	2009
7	Dr. Grace Lee Hooi Yean	The Endogeneity of Optimum Currency Area Criteria in East Asia	ECR Grant	2009
8	Dr. Tan Swee Ho	Key Drivers and Challenges in Customer Relationship between SME and Banks in Malaysia	ECR Grant	2009
9	Aniza Zainol	Corporate Research and Development Announcement and share Value : The Case of Public Listed Companies	CPA Research Fund	2006 January
8	Kalaithasan Kuppusamy	Value Relevance of Syariah Index Additions : Evidence from the Malaysian Stock Market	CPA Research Fund	2006 January
10	Professor Mahendhiran Nair	Bridging the Digital Divide in Rural Agricultural & Fishing Communities in Malaysia	E-Science Fund from Ministry of Sciences, Technology and Innovation (MOSTI)	Dec 2006 to Oct 2008

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RESEARCH STUDENTS (MPHIL/PHD)

Name of Student	Area of Study
Wong Chin Chin	Emerging wireless markets in selected countries in South East Asia: Challenges and Opportunity
Aniza Zainol	Relevance of Reporting R & D fro Decision Making – An Empirical Study
Jeyanthi Selvarajah	The Efficacy of the Microfinance Schemes in Enhancing the Economic Wealth of the Marginalised Community: In the Case of Malaysia

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AVAILABLE EXTERNAL FUNDING SOURCES / GRANTS

No.	Funding Sources	About the Funding Source	Web Site Address & Contact Information
1	Asian Development Bank	ADB is an international development finance institution whose mission is to help its developing member countries reduce poverty and improve the quality of life of their people. ADB’s main partners are governments, the private sector, nongovernment organizations, development agencies, community-based organizations, and foundations. In pursuing its vision, ADB’s main instruments comprise loans, technical assistance, grants, advise, and knowledge.	Web Site Address: http://www.adb.org/ (Look in the ‘Projects’ Tab on the home page> Projects Database> Grants) ADB’s Headquarters contact Info: Telephone No.: + 632 632 4444 (connecting all Depts./Offices) Main Fax No.: + 632 636 2444 Email: You can type in your particulars in the Contact Us page in this web site and they will contact you via your email address. If no reply, please try calling them. Postal Address: P.O. Box 789 0980 Manila, Philippines Street Address: 6 ADB Avenue, Mandaluyong City 1550, Philippines
2	Asian Muslim Action Network (AMAN)	Research Fellowship Programme for Young Muslim Scholars: The fellowship grants will be awarded for innovative research on issues concerning economic, socio-political and cultural changes taking place in the diverse Muslim communities of Southeast Asia, especially as they relate to modernization and globalization. Eligibility: Candidates must be nationals of Southeast Asian countries, hold at least a Bachelor degree and should not be over 40 years of age. Candidates may work in different sectors including academia, media, and non-governmental organizations. Candidate must be highly motivated to deepen their understanding of Islam in the region. Women are strongly encouraged to apply.	Web Site Address: http://fellowship.arf-asia.org/ AMAN Secretariat Contact Info: Dwi Rubiyanti Kholifah - Program Coordinator Tel: 66-2-9130196, Fax: 66-2-9130197 E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it . If there is no reply by e-mail, please try calling. Contact Address: Islam in Southeast Asia: A View from Within Research Fellowship Programme AMAN/ARF House 1562/113, Soi 1/1 Mooban Pibul, Pracharaj Road, Bangkok 10800, Thailand
3	Bank Negara Malaysia	The Shariah Research Grant is part of the Fund for Shariah Scholars in Islamic Finance, which was established to enhance knowledge, research, talents, and intellectual discourse in the field of Islamic Finance. The Fund represents Bank Negara Malaysia's commitment to strengthen the development of the Islamic financial industry. The Grant is intended to accelerate the pace of research, to provide new insights and perspectives, as well as to provide the Islamic finance industry a broader range of opportunities to tap the richness of Shariah to expand their business.	Web Site Address: http://www.bnm.gov.my/index.php?ch=200&pg=618&ac=528 For enquiries on the grant, contact the Shariah Fund Secretariat at: Tel: +603-2691 0263 (Direct) / 2698 8044 extn 7621/8637 Pn.Dahlia-ext. 8564-contact (no set amount and no dateline, two assessments in a year-June, Dec (send by end of Nov) Fax: +603 2693 3826 E-Mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it Address: Islamic Banking and Takaful Department Bank Negara Malaysia Jalan Dato Onn 50480 Kuala Lumpur Malaysia.
4	The Malaysian Institute of Microelectronic Systems (MIMOS)	With highly skilled technology experts, MIMOS strives to stimulate Malaysia's economic growth by producing innovative technology platforms, which will be used by the industry to develop products and services to meet market demands. Our focus in applied research areas are based on the real-world trends. The research areas are Communication Technologies, Knowledge Technology, Advanced Informatics, Grid Computing, Micro Systems, Micro Energy, Cyberspace Security and Encryption Systems. MIMOS invite industry players, universities and governments to collaborate and partner with us. Together we connect and provide the world a better hope for the future.	Web Site Address: http://www.mimos.my/ (There is a section on ‘Our Partners’ on the home page and it lists the various organisations including universities that MIMOS is already collaborating with) MIMOS Contact Info: Tel: 603 8995 5000 & 603 8995 5150 (Pn. Norliza is the contact to talk about this.) Fax: 603 8991 4202 E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it '; document.write( '' ); document.write( addy_text49781 ); document.write( '<\/a>' ); //--> This e-mail address is being protected from spambots. You need JavaScript enabled to view it Address: MIMOS Berhad Technology Park Malaysia 57000 Kuala Lumpur, Malaysia
5	Ministry of Science, Technology and Innovation (MOSTI)	- First established in 1973 as the Ministry of Technology, Research and Local Government. - Additional responsibility as the lead agency pertaining to environmental matters, the ministry then assumed its name Ministry of Science, Technology and Environment (MOSTE) in 1976. - Introduction of cluster approach in February 2007 (Biotechnology, ICT, Industry, Sea to Space and S&T Services). 9^th Malaysia Plan (9^th MP) Development allocation for 5 years is RM7.216 which comprises of : -Fund - 61% -Supply - 24% -Physical - 15% The Funds provided by MOSTI include ScienceFund, e-Content Fund, Technofund, InnoFund and DAGS	Web Site Address: http://www.mosti.gov.my/mosti/ (There is a section on ‘Grants’ on the home page) MOSTI Contact Info: Tel : (603) 8885 8000 Contact person-Ms. Aza (No dateline for these grants. Also, cannot disclose how much) Fax: (603) 8888 9070 E-mail : This e-mail address is being protected from spambots. You need JavaScript enabled to view it Address: Kementerian Sains, Teknologi dan Inovasi (MOSTI) Aras 1-7, Blok C4 & C5, Kompleks C, Pusat Pentadbiran Kerajaan Persekutuan, 62662 Putrajaya, Wilayah Persekutuan. The ‘Key Contact’ section on the home page provides more contact information.
6	Pan Asia Networking	Pan Asia Networking (PAN) is a program initiative of the International Development Research Centre of Canada which helps researchers and communities in the developing world find solutions to their social, economic, and environmental problems. Pan Asia ICT R&D Grants Programme has the objective of building institutional research capacity in the developing countries of the Asia-Pacific region, in the area of Internet networking. It is directed at encouraging original and innovative networking solutions to specific development problems. Research Projects funded by the Programme include application of ICT in areas such as reducing social economic inequalities and information gaps, creating and increasing access via Internet kiosk and IT centres, rural governance and development, E-Learning among others (more can be viewed under ‘Brief Review of Research Projects Funded (2005)- PDF’ topic).	Web Site Address: http://www.idrc.ca/en/ev-9609-201-1-DO_TOPIC.html (Scroll down and the ‘To read more about the R&D Grants program, please click here’ will appear. Click it. Once the next page appears, scroll down, and you can view the ‘Brief Review of Research Projects Funded (2005)- PDF’ topic which has useful information.) Contact Info on application for grant: Asian Media Information & Communication Centre (AMIC) Attention: Ms Nanditha Raman, Research Associate Tel: (65) 6792-7570 Fax: (65) 6792-7129 E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it Mailing Address: Jurong Point PO Box 360,Singapore 916412. Street Address: CS-02-28, SCI Building, Nanyang Technological University, Singapore 637718
7	The Institute of Internal Auditors Malaysia	THE INSTITUTE OF INTERNAL AUDITORS MALAYSIA (IIA Malaysia) is a non-profit professional organisation dedicated to the advancement and the development of the internal audit profession in Malaysia. As part of enhancing our membership services, IIA Malaysia is providing educational assistance in the form of grants to members to conduct research. Eligibility Applications for research grants are open to members of IIA Malaysia. However, topic of the proposed research must be relevant to the Malaysian internal audit practices or internal audit education. Applications are generally limited to the following disciplines: Audit Committees Corporate Governance Audit Management Audit Tools & Methodology Development of Audit Profession Financial Services Fraud, Ethics Risk Management Syariah Audit	Web Site Address: http://www.iiam.com.my/template.asp?menuid=100067&rootid=100004 IIA Secretariat Contact Info: Tel: +603-9282 1148 / 7750, +603-9200 8897 (Grant: less than RM5000, no dateline-related to internal audit research) Fax: +603-9282 1241 E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it Address: The Institute Of Internal Auditors Malaysia 160-3-3, Kompleks Maluri, Jalan Jejaka, Taman Maluri, Cheras 55100 Kuala Lumpur, Malaysia
8	The Sumitomo Foundation	The Sumitomo Foundation plans to make the following grant to contribute to the betterment of human society: Grant for Japan-related Research Projects by East or Southeast Asian researchers (except for Japanese nationality) living outside Japan to be applied in English or Japanese. Awarded researcher must conduct the proposed research by himself or herself. (Eligibility: Any research project to be carried out by individual or a group in the field of the social sciences or humanities that is related to Japan.) Purpose of the Programme: The program aims at enhancing mutual understanding between Asian countries and Japan through promoting research projects in the field of the social sciences or humanities that are related to Japan.	Web Site Address : http://www.sumitomo.or.jp/e/ (Click ‘Grant for Japan-Related Research Projects’ to view this grant and then scroll down and click ‘The Application Guide’ to view application information procedures and contact info. Same applies for other grants.) Contact info on application form/enquiries: Tel: 81-3-5473-0161 2010 Programme: Application Period – September 1^st 2010 until October 31^st 2010. Grant One year (March 2011 through March Period: 2012), but can be extended by another 6 months maximum if required. Grant Approximately\55 million in total, with approximate budget: 70 projects to be selected. Fax: 81-3-5473-8471 E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it Address: The Sumitomo Foundation 1-12-16 ShibadaimonMinato-ku, Tokyo JAPAN 105－0012
9	World Bank	The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the common sense. We are made up of two unique development institutions owned by 185 member countries—the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Each institution plays a different but collaborative role to advance the vision of an inclusive and sustainable globalization. The IBRD focuses on middle income and creditworthy poor countries, while IDA focuses on the poorest countries in the world. Together we provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture among others.	Web Site Address: http://web.worldbank.org/external/default/main?menuPK=324520&pagePK=141155&piPK=141124&theSitePK=324488#Grants (Look for ‘Grants and Trust Funds’>‘Grants for Malaysia’) South Asia Contact Info: India (New Delhi): Sudip Mozumder Tel: (91-11) 24617241 E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it (There are more contacts on the ‘Contact Us’ > South Asia page) Headquarters Contact Info: Tel: (202) 473-1000 Fax: (202) 477-6391 Address: The World Bank 1818 H Street, NW Washington, DC 20433 USA
10	The Geneva Association	The Geneva Association and the International Insurance Society (IIS) have joined in a programme with business leaders in insurance to sponsor applied research in the insurance area. The purpose of the research programme is to create original, practically oriented research which addresses current business issues and problems of concern to senior insurance executives around the world. Every year, the Association offers two grants for research into risk and insurance economics. Please refer to the website for suggested themes and subjects.	Web site Address: http://www.genevaassociation.org/Home/Prizes_and_Grants.aspx (Look for “2. Research Grants”) Application Deadline: 30th Nov 2010 Contact Info: Tel: 41 22 707 66 00 Fax: 41 22 736 75 36 Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
11	Monash University and University of Warwick	2010-11 Strategic Funding Initiative for Joint Research and Education Programmes between Monash University and the University of Warwick: The Monash-Warwick Strategic Funding Initiative supports the development of the joint research and educational collaboration between Monash University and the University of Warwick, enabled via a joint fund established by the two universities. The initiative is intended to support the mutually beneficial growth in the research and teaching excellence of both institutions, and it has been established with the intention to support initiatives that combine complementary aspects of each institution towards novel research and educational outcomes.	Web site Address: https://secure.monash.edu/odvci/index.php/Monash-Warwick_Strategic_Funding_Initiative_2010-11 Application Deadline: 14 September 2011 Contact Person: Ms Melinda Pipan Tel: +61 3 9905 0909 Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
12	Ministry of Higher Education (MOHE)	Fundamental Research Grant Scheme (FRGS): Purpose of Fundamental Research Grant Scheme is to encourage the generation of theories, concepts and new ideas that can be a catalyst for new discoveries and inventions which can expand the boundaries of innovative knowledge.	Web site Address: http://www.poral.mohe.gov.my/portal/page/portal/ExtPortal Guidelines: http://intranet.monash.edu.my/cro/Draft%20Guideline /FRGS%20Draft%20Guidelines%20_%20English.pdf Contact info: Tel: 03-8883 5000 Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
13	Chiang Ching-Kuo Foundation for International Scholarly Exchange - Asia Pacific Region Senior Scholar Grants	This program supports full professors or senior scholars wishing to take one year's sabbatical leave in order to do research and writing. Senior scholar grants, which range up to US$40,000, are intended to supplement a professor's sabbatical pay. A letter of recommendation from the chairman of the department, the dean of the college, or the provost of university should be included in the application. Only a limited number of senior scholar grants are available annually. The Foundation's grants provide support for research on Chinese Studies in the humanities and social sciences.	Web site Address: http://www.cckf.org.tw/e-asiaSS.htm Deadline: 15th October 2010 Contact info: Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

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