At a time when growth does not necessarily mean more jobs, governments must take a proactive stance to keep people in work.
Asia-Pacific
The view from Singapore’s hot seat
February 3, 2004Karina Robinson interviews Singapore Prime Minister Goh Chok Tong on developments in the region and in his homeland.
Taiwan’s outlook hangs on poll
February 3, 2004Prospects for economic upgrade and liberalisation depend on the results of the coming presidential elections. Dennis Engbarth reports from Taipei.
Crime no longer pays
February 3, 2004The cost/benefit analysis for prospective financial criminals in Taiwan has shifted sharply toward higher costs in the wake of the national legislature’s passage on January 13 of stiffer penalties for a wide variety of offences and the Democratic Progressive Party (DPP) government’s willingness to prosecute influential perpetrators.
China expands foreign access to local markets
January 5, 2004China’s top banking regulator played Santa Claus to foreign banks weeks before Christmas last year, announcing measures that gave them greater access to the local market.
HSBC takes local stake
January 5, 2004After a long-term presence in India, HSBC has surprised everyone by buying into the local banking sector in an apparent strategic shift, writes Kala Rao in Mumbai.
Japan: not yet out of the woods
January 5, 2004The government’s rescue of Ashikaga regional bank illustrates that, while Japan’s economic outlook has improved, there are still areas of concern.
Why China is Hong Kong’s best friend
December 2, 2003The opening up of the mainland will attract foreign investment into the city state and bolster its exports.
Recovery against tough odds
December 2, 2003
Criticism is mounting of the IBRA’s restructuring efforts. But any
assessment must factor in the volatile environment in which the agency
had to operate, says Brian Caplen.
Open door policy comes knocking
December 2, 2003China may have to swallow the unpalatable and seek foreign assistance if it is to remedy its huge non-performing loan problem. Brian Caplen reports.