Korn Chatikavanij is concerned that the country will get caught up in a currency war at a time when its own export-dependent economy is going from strength to strength. Interview by Brian Caplen.
World
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German banks feeling the strain
December 23, 2010Rescue packages and a rebounding economy have stabilised the German banking system. But it remains vulnerable to weak profitability, low-quality capital and exposure to cyclical industries abroad. Moreover, some believe that even the crisis has failed to force structural change. Writer Geraldine Lambe
George Osborne looks for global answer to global imbalances
December 23, 2010George Osborne, the UK's chancellor of the exchequer, urges all countries to play their part in redressing the global imbalances that allowed the credit crisis to happen. Interview by Courtney Fingar.
India keeps limits on foreign banks
December 23, 2010Eager to take advantage of India's economic strength and increase their presence in the region, foreign banks are coming up against strict branch-licensing laws as India seeks to protect its banking sector from the vagaries of the global market. Writer Rekha Mehon
Poland seeks answers to the euro question
December 23, 2010Polish policy-makers appear to be pushing the prospects for euro adoption further into the future. But this still leaves the country's banks with a dilemma about how to respond to client demand for retail loans in foreign currencies. Writer Philip Alexander
Acquisition drives regional ambition
December 23, 2010BBVA's acquisition of almost 25% of Garanti Bankasi will give the Turkish bank a huge boost in its efforts to become a major player in eastern Europe, the Middle East and north Africa, according to Garanti's chairman. Writer Metin Demirsar
Turkey grapples with project finance demands
December 23, 2010Turkey is facing the task of doubling its installed power-generating capacity in the next decade, while also speeding up reforms in the energy sector to ensure planned projects can gain access to finance. Writer David O'Byrne
UniCredit's new leader still has some old problems
December 23, 2010Federico Ghizzoni, UniCredit's new CEO, appears to strike the right personal balance between the group's Italian origins and its pan-European reach. But some of the dilemmas that dragged down his predecessor, Alessandro Profumo, need resolving. Writer Philip Alexander
Bahrain Financial Exchange targets sharia business
December 23, 2010Island kingdom Bahrain has opened a new Islamic exchange house and is launching innovative products to the market, such as an electronic trading platform, in an attempt to capture a bigger share of sharia-compliant assets. Writer Hafsa Kara
Albania times Eurobond debut to perfection
December 23, 2010Despite its close proximity to crisis-hit Greece, Albania made its first foray into the Eurobond market last year. After agonising over when to issue the deal in such a volatile market, it would seem that the timing of the launch was just right. Writer Joanne Hart