Asia-Pacific - Asian banking news and insight -

China corners ‘captive’ market

May 2, 2004

In an increasingly interconnected world, large financial services institutions (FSIs) are already sourcing their IT and business process services from a variety of international locations. As outsourcing services have evolved from filling tactical gaps to providing strategic cost and quality advantages as well as innovative features, FSIs are tapping supplementary alternatives to India as a location for offshore outsourcing.

Recovery challenges

May 2, 2004

South Korea’s political turmoil resulting from the impeachment of its president may be limiting the country’s nascent economic recovery, says Yang Sung-jin.

Return to profit

May 2, 2004

Park Sang-soo reviews the banking sector in South Korea, as financial institutions work to reduce the mountain of bad debt.

Balancing act

May 2, 2004

South Korea has a dilemma. On the one hand historical factors make it wary of foreign intrusion, yet it aspires to be a regional hub. Kim Ji-hyun reports.

Desperate to invest

May 2, 2004

Given a volatile stock market, government stimuli and low interest rates, Korea is awash with mountains of seemingly uninvestible cash. Park Sang-soo explains.

Holding fast to its independence

April 4, 2004

For a large, underpopulated country, Kazakhstan has achieved impressive economic growth in recent years. And, despite Western criticism of endemic corruption and poor distribution of wealth, the country looks set to continue on the same path. Chris Pala reports.

Keeping ahead of the neighbours

April 4, 2004

Prudent management of its oil reserves and a commitment to propriety is making Kazakhstan a regional success story. Chris Pala in Almaty explains.

South Korea moves into consolidation mode as foreign interest intensifies

April 4, 2004

Citigroup’s agreement to purchase KorAm Bank in late February has sparked a round of consolidation, reflecting a keen interest by foreign investors in South Korea’s retail banking sector, the third-largest in Asia after Japan and China.

Under new management

April 4, 2004

Simon Montlake reports from Kuala Lumpur on a revitalised economy now under the low-key yet decisive auspices of the newly elected Abdullah Badawi.

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