The economic growth in Cambodia, Laos, Myanmar and Vietnam has not escaped the attention of Thai politicians and finance professionals. They are now working to make the most of the opportunities for Thai banks, companies and the stock exchange in the CLMV region. Peter Janssen reports.
Ever since the Asian financial crisis in 1997, Thai companies have been steadily expanding abroad. They have been helped in no small part by their easy access to the capital markets, though often with a reliance on the large multi-national banks as opposed to their domestic counterparts. Peter Janssen reports.
Developed market banks tend not to favour retail as a way to move into emerging markets. But, as several have found, catering for smaller businesses and individuals is a good way to establish a foothold before expanding into Asia’s developing regions. Peter Janssen reports.
Nepal's central bank governor, Chiranjibi Nepal, tells Peter Janssen about how the country's trade blockade with India actually helped its trade deficit, spells out his plans to strengthen the banking sector, and explains why remittances are so important to the economy.
Hit by an earthquake and trade blockade with India, Nepal has endured a tough few years. However, despite these events its banks have remained profitable, though much of this is explained by what many deem to be an over-reliance on remittances. Peter Janssen reports.
The governor of the Bank of Thailand, Veerathai Santiprabhob, tells Peter Janssen why the country's referendum vote in favour of a new constitution, its push towards attracting higher value-added investments, and the government's reform package gives him hope of achieving his 'sustainable and inclusive growth' hopes.