Market players are once more eyeing up Indonesia’s banks, indicating a return of confidence but, as Tim Johnston reports from Jakarta, the long-term outlook is by no means certain.
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Shaken but still standing
July 2, 2004In the past decade, the Bolivian banking system has faced economic crises brought on by social unrest but has withstood them. Jason Mitchell reports from La Paz.
Ready for stage two reforms
July 2, 2004Mozambique’s prime minister, Luisa Diogo, tells James Eedes about the country’s immense progress in the past decade and its plans for future reforms.
From chaos to confidence
July 2, 2004Finance minster Yaw Osafo-Maafo tells James Eedes how Ghana has managed to shake off financial chaos in the past four years and take the lead in establishing new benchmarks of governance in Africa.
Shortcomings are being identified and addressed
July 2, 2004Tanzania’s finance minister Basil Mramba talks to Steven Timewell about moves to secure natural resources and update land legislation to free up domestic financing.
Egyptian endeavours
July 2, 2004A revival in corporate activity and several major project financings give Egypt reasons to be positive, write Jon Marks and Kevin Godier.
Benjamin Netanyahu: Israel’s prime minister in waiting
July 2, 2004Benjamin Netanyahu, Israel’s finance minister, tells Karina Robinson about Israel’s economic turnaround and his thoughts on returning to power.
Does Iraq herald America’s last stand?
June 2, 2004While the US gets further embroiled in Iraq, economies such as China and Brazil are starting to assert themselves.
Korean finance back on agenda after impeachment resolution
June 2, 2004With the uncertainty surrounding the two-month long impeachment process of President Roh Moo Hyun now finally resolved, and the president firmly back in the saddle, South Korea is keen to push ahead with more financial reform and, in particular, focus on asset management.
BoC sets 5% target for bad loan ratio
June 2, 2004Bank of China (BoC), the largest of China’s big four state-owned banks, has announced that its non-performing loans ratio will be down to around 5% by the end of 2004 as it plans to bring in a strategic investor later this year in preparation for its IPO. This significant reform of the bank’s ownership structure reflects the Chinese authorities’ determination to reform the big four banks which account for 55% of China’s bank assets.