able land use practices.
Most of the land in the area is undocumented with no record of formal ownership, and the region lacks well-functioning land management systems that provide clear publicly accessible records to property rights. Without clear documentation to their property rights, residents don't fully have the ability to secure the land for themselves and their descendants. Historically, these residents then fail to responsibly manage community owned land, which ultimately leads to the over exploitation of shared natural resources.
Thomson Reuters provides land management and land administration software systems and professional services to private sector and government clients worldwide and has deployed software and provided services and training in more than 45 countries worldwide. The company's OpenTitle software offers governments, partner organizations and communities a flexible and easy-to-use land management system.
"Thomson Reuters is honored to work with the U.S. Forest Service to support this important initiative," said Peter Rabley, vice president of global business development in the Tax & Accounting business of Thomson Reuters. "Documenting property rights is crucial to the long-term protection of one of the world's most important ecosystems and to create a livelihood and source of income for these countries' poorest residents."
About Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for governments, businesses, and professionals, combining industry expertise with innovative technology to deliver critical information to leading decision makers. Our integrated Government Revenue Management (GRM) suite offers end-to-end software with services to ensure revenue through land and property tax administration for governments around the world. Meeting the needs of emerging economies, OpenTitle(TM) is a registry and cadastre tool with an all-inclusive approach to collecting, documenting, and recording the documentary and geographic information relating to property rights.
Rachel A. Bryant
Thomson Reuters Tax & Accounting, Government
+1 269 567 2900
PR Manager, Thomson Reuters
+44 (0) 207 375 6814
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Thomson Reuters Corporation via Thomson Reuters ONE
July 20, 2012 03:45 HKT/SGT
Topic: Press release summary
From the Asia Corporate News Network
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