Small Business Resources, Business Advice and Forms from AllBusiness.com

China, Japan and S. Korea flexible on proposed swap arrangement', BUSINESS TIMES

By Dzulkarnain Taib
Publication: Business Times (Malaysia)
Date: Monday, April 9 2001


Business Times (Malaysia)

04-09-2001

CHINA, Japan and South Korea, members of Asean + 3, have shown
willingness to be flexible on the proposed bilateral swap arrangement (BSA),
according to a Philippines delegate attending the Asean + 3 Finance and
Central Bank Deputies Meeting yesterday.
A Philippines delegate said the Asean + 3 countries are now more
willing to support the BSA facilities.
"They are open for discussion and more flexible and I think members
are willing to adopt it," he added, referring to a news report that Japan,

In addition, make sure to read these premium articles also available with your free trial:

T T T
art_print Printart_email Email 16x16-digg-guy  Digg It delicious-small  del.icio.us

Related Resources

Free AllBusiness Articles

  • Control versus firm value: the impact of restrictions on foreign share ownership.
    • Various developed economies such as Switzerland, Finland, Sweden, and Norway have imposed foreign-ownership restrictions on the stocks of companies based there. The developing Asian economies such as Singapore, Malaysia, Thailand, Indonesia, Philippines, Taiwan, South Korea, and China have imposed similar restrictions on their stocks. While some of these restrictions are ......
  • Asia: Philippines and China near swap accord
    • The Philippines and China will soon announce a bilateral currency-swap agreement, says Philippine finance secretary Jose Isidro Camacho, who was in New York ahead of the annual meetings of the International Monetary Fund and World Bank in Washington last month. The swap agreement, along with earlier bilateral accords that the ......
  • Asian airport officials meet to discuss measures to prevent SARS.
    • AIRLINE INDUSTRY INFORMATION-(C)1997-2003 M2 COMMUNICATIONS LTD The Philippines is hosting a two-day meeting of officials from 14 nations in airport management, quarantine, customs, immigration, tourism and other related bodies to discuss strategies against Severe Acute Respiratory Syndrome (SARS). Delegates from the 10-member Association of Southeast Asian Nations, China, Japan, South ......
  • Asia's underwater loans. (Cover Report: Commercial).
    • "WE KNOW THAT YOUR STRATEGIES WORKED IN THE UNITED STATES, JAPAN, KOREA, THAILAND AND CHINA, BUT THEY WON'T WORK HERE." That's the mantra we hear over and over again from officials throughout Asia as we move to help governments, banks and regulators address the staggering nonperforming loan (NPL) problem. It's ......
  • Tigers of Pacific Rim poised to profit from China growth
    • China has transformed the global manufacturing landscape. What's less apparent is the role that smaller Pacific Rim countries—specifically Vietnam, Thailand, Indonesia, and Malaysia—have played in that transformation. While these nations haven't nearly the manufacturing base or export volume as China, they glimmer as attractive alternatives for global manufacturers. And as ......
  • Global markets still teeter precariously, but the U.S. economy dodges a bullet for 1999 on strength of consumer spending.
    • Asian markets are beginning to rally, but the rebound is mainly on paper and not in hand for most nations. China's growth slowed to just over 5 percent in 1998, but was picking up steam in the second half. The growth in Chinese exports in commodity sectors is driving global ......
  • US downturns hits Asian tigers
    • IMAGE ILLUSTRATION 1 IMAGE PHOTOGRAPH 2 The main concern for international investors is to what degree the Asian tiger economies are likely to suffer as a consequence of the USA's economic slow-down. As it is, the medium term outlook is bleak with Asian currencies still slipping, industrial production declining, private ......

Blogs

  • As Federal R&D Funding Fades, State Efforts Ramp Up
    • The federal government is leaving the nation and small businesses another sad legacy that may be felt for years to come: Spending on research and development has been declining for most of President Bush's term in office.
  • Two Days, Too Late
    • Business travelers in western European will now be forced to give 48-hours notice of their plans to visit the U.S. The measure is likely to increase concern among business travelers and tourists about the inconvenience of U.S. travel.
  • A pleasant surprise
    • The top 5 U.S. manufactured exports include aircraft, motor vehicles and data-processing machines. These are big-ticket items. That’s pretty good.
  • Slacker baby on the way!
    • The Slacker Spouse and I have been in the process of adopting a second child from South Korea. In January of this year, we found out we’ve got another son   (in fairness, here’s son #1 ) . That began the most difficult part of the adoption process: waiting ......
  • All Bloggers
Related Topics
Tools

Sponsored Links

Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy

Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.

Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.