The sale of a majority stake in Pakistan’s Union Bank to Standard Chartered marks a growing optimism in the country’s banking sector. But will forthcoming elections and regional conflict dampen its success? Farhan Bokhari reports from Karachi.
Asia-Pacific
Change is possible for North Korea
October 2, 2006North Korea could turn around its economy but first it must tackle the nuclear issue, says Gerard Lyons.
Investment bank of the year/ Asia-Pacific: Citigroup
October 2, 2006Citigroup has been building corporate relationships in Asia-Pacific since 1902, when it first opened offices in China, India, Singapore and the Philippines.
Capitalising on the Yangtze river
September 4, 2006As was the case for the US in the 19th century, continued Chinese economic growth depends on it opening up its less developed western region. Much hinges on whether the transportation capabilities of the presently underutilised Yangtze river can be harnessed, says David Lammie.
China’s M&A misfortunes
September 4, 2006In their first major mergers and acquisitions forays overseas, Chinese companies are being buffeted by Sinophobia and their own lack of nous. Sophie Roell looks at recent deals.
The road to sustained economic growth
September 4, 2006India’s government has recognised the importance of tackling the country’s infrastructure deficit and is prepared to invest to help solve the problem. The results of this investment could provide excellent lending opportunities for banks. Kala Rao explains.
Banking giants do battle
September 4, 2006As Maybank and CIMB encroach on each other’s strongholds, there is one area that looks large enough to accommodate them and others – Islamic banking. Karina Robinson, in Kuala Lumpur, reports.
No squeaks as Singapore tightens the screws
September 4, 2006The Monetary Authority of Singapore is beefing up its banking laws, but the city state’s bankers do not seem to be complaining, writes Michael Imeson.
Singapore accelerates overseas acquisitions
September 4, 2006Temasek Holdings, owned by the Singapore finance ministry, is spreading its wings in Asia, expanding its portfolio of financial services and banking assets. Simon Montlake reports.
Progress through training in Singapore
September 4, 2006Lee Hsien Loong, Singapore’s prime minister, tells Karina Robinson that the city state’s continued success depends on self-betterment of the unskilled.