As the Malaysian and Singaporean stock markets evolved, the respective regulatory bodies implemented the introduction of standard remisiers'agreements governing the relationship between all remisiers and member companies in the stockbroking industry ( under these standard agreements, the remisier is regarded as an agent of the stockbroking company to trade in securities in the name of the company.
32.
Wichit Na Ranong, president of the Thailand Tourism Society, said that while the currency issue continues to be an unsettling topic the long-term survival of the majority of operators in the hotel industry will depend on business cooperation and some form of standard agreements on the running of each individual hotel, particularly in terms of service and pricing.
33.
A standard agreement signed between each CIO and the University provides that the benefits and opportunities afforded to CIOs " should not be misinterpreted as meaning that those organizations are part of or controlled by the University, that the University is responsible for the organizations'contracts or other acts or omissions, or that the University approves of the organizations'goals or activities ."