TAIPAN: Raising Indonesia

27 Sep 2009

Indonesia is fast becoming the darling of the Asian capital markets, with a number of potentially lucrative deals on the horizon. But turning mandates into money may not be as easy as people think.

Six months can make a world of difference in the capital markets. Just look at Indonesia.

Only in March, the Indonesian government was trying to assure the world it was not in crisis while going cap in hand to the World Bank for a $2bn standby loan and watching ...

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