Q: Briefly explain the changes happened in Indian Financial System after 1991 and also describe the impact on financial services. A: The year 1991 itself is very important for Indian history as economic reforms took place in this year. Reduction in import tariffs‚ deregulation of markets‚ reduction of taxes‚ and greater foreign investment were some important features of the economic reform. The economic reform process that took place in 1991‚ happened to resolve two crises: 1) the balance of payments
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1. AmBank Corporate The AmBank Group is one of Malaysia’s premier financial services group with leadership positions in the retail banking‚ commercial banking‚ investment banking and insurance sectors. With an established history and a track record of customer focus and innovation‚ the AmBank Group continues to serve its customers with a wide range of innovative products and services. 2. Astro Holdings Sdn Bhd Astro Holdings Sdn Bhd is a Malaysia investment holding media and entertainment
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Key airline alliances posing strong competition to Emirates Airline are SkyTeam‚ Star Alliance and oneworld (Plunkett‚ 2011). AirAsia is a private company also presenting a significant competitive threat for Emirates Airline (Plunkett‚ 2011). CPM matrix for Emirates Airline is presented in the table below: Factor SkyTeam StarAlliance oneworld Emirates Airlines AirAsia Weight Rating Weighted score Rating Weighted score Rating Weighted score Rating Weighted score Rating Weighted score strong management
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economic interdependence which “created fresh opportunities for regionalism.” (Feinberg‚ 2008:67). Significantly‚ APEC was in an ideal position to benefit.(Beeson (2006:1). Since inception‚ the main agenda of APEC has focused on trade and investment liberalisation‚ although it has also focused on Economic and Technical Cooperation (Ecotech) and Trade Facilitation; these are known as the three pillars of APEC). In the initial years there was enthusiasm and optimism for APEC’s potential for the enhancement
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Issued: October 10‚ 2006 Contact: Jay Sorensen‚ 414-961-1939 IdeaWorksCompany.com Europe’s Top 4 Low Cost Carriers Generated 470 Million Euros (US$593 Million) From Non-Ticket Sources in 2005 But U.S. frequent flier programs produced revenues estimated at 2.5 billion Euros (more than US$3 billion) and better per passenger results. 1 Revenues from non-ticket sources‚ which are called ancillary revenues‚ have become an important financial component for low cost carriers (LCCs) in Europe and throughout
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What have been the main effects of globalisation on Less Developed Countries (LDCs)? Globalisation can be seen as one of the most important force impacting on every economy in the world and is a complex and illusive process that brings about vast definitions and interpretations‚ making it a subject of intense debate and much controversy (Lambie‚ 2007) . Since the 1980s‚ Globalisation denotes the increasing connection and integration of the world economy‚ bringing new opportunities to Less Developed
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MODELLING THE POTENTIAL BENEFITS OF AN AUSTRALIA-CHINA FREE TRADE AGREEMENT Dr Yinhua MAI Centre of Policy Studies‚ Monash University Professor Philip ADAMS Centre of Policy Studies‚ Monash University Dr Mingtai FAN Chinese Academy of Social Sciences Professor Ronglin LI Nankai University Dr Zhaoyang ZHENG Nankai University An Independent Report Prepared for: The Australia-China FTA Feasibility Study 2 March 2005 The Centre of Policy Studies Centre of Policy Studies Building 11E Monash
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CHAPTER 1 INDIA’S TRANSITION FROM A CLOSED TO AN OPEN ECONOMY A moment comes‚ which comes but rarely in history‚ when we step out from the old to the new‚ when an age ends‚ and when the soul of a nation‚ long suppressed‚ finds utterance. 1.1 These are the words of Pandit Jawaharlal Nehru‚ the first Prime Minister of India‚ in his speech marking the Independence of India on 14 August 1947. These words still hold true today as India moves onto the global scene and is making its presence felt as
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Travel and Tourism in Thailand to 2018 Published on 02nd APR. 2014 The Thai travel and tourism sector posted growth during the review period (20092013)‚ despite the global financial crisis. The growth can be attributed to the increasing number of tourists from emerging countries such as China‚ India and Russia; international tourists to the country reached 26.7 million in 2013. While forecast-period growth is expected to be undermined by political instability‚ the countrys tourism sector has
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The service sector‚ also called the tertiary sector‚ is one of the three parts of the economy in the Three-sector hypothesis. This hypothesis breaks the economy into three main areas so it can be better understood. The other two are the primary sector‚ which covers areas such as farming‚ mining and fishing; and the secondary sector which covers manufacturing and making things. The service sector provides a service‚ not an actual product that could be held in your hand. Activities in the service
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