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Asia Pacific

  • It will take another two years before Kazakhstan’s banking sector is able to make a contribution to economic growth, analysts warned this weekend
  • Malaysian prime minister Najib Razak has defended his ability to push through transformative reforms – despite concerns locally that they could cost him his job
  • Pakistani officials believe the country has met all the requirements for the IMF to release a vital, delayed final tranche of its $11.3 billion emergency loan programme
  • Pakistan’s political and economic difficulties show no sign of abating
  • Drawing in more revenue is the critical challenge facing Pakistan’s economic future. Its new finance adviser, Abdul Hafeez Shaikh, hopes to succeed where others have failed
  • Asian governments must clarify their attitudes to bailing out state-backed firms in the event of insolvency, Standard & Poor’s has warned
  • The Asian Development Bank has won widespread praise for its swift response to the financial crisis. The proof is in the numbers
  • Regional integration lies as the heart of ADB president Haruhiko Kuroda’s vision
  • Finance ministers from China, Japan, South Korea and the ten Asean states, agreed on Sunday to moves that will make their $120 billion multilateral currency swap mechanism operational
  • The Asian Development Bank was accused in Tashkent yesterday of neglecting fisheries in its policies on food security
  • Asia needs to explore the idea of an “investment corporation” to help finance the continent’s development needs, especially for infrastructure, China’s vice finance minister Li Yong has suggested
  • Asian debt volumes are set to skyrocket in the coming years as declining risk premiums in the region relative to Europe lower borrowing costs in international capital markets