China’s banking sector will have a higher non-performing loan ratio in coming years, but good profitability, strong liquidity and adequate capitalisation will enable the major lenders to absorb unexpected credit losses.
Tag : government
Charles Ong, chief strategist and former CIO at Temasek, will lead what could become Asia's biggest hedge-fund platform.
The consultancy is charged with designing a private pension scheme.
In what may mark a key turning point in the restructuring of corporate Malaysia, the government appoints a financial advisor to unwind the labrythine shareholdings and extensive debt of the country''s largest conglomerate.
The Government Pension Fund plans to award mandates for asset allocation and later for offshore investment advice.
Jose Isidro N. Camacho will take the post of Finance Minister in the Arroyo Government.
The Indonesian Supreme Audit Agency has estimated that it will take two years to complete its upcoming audit of IBRA.
The government will allocate NT$10 billion to purchase bad debts from local institutions.