SOLVING CONTAGION IN ASIA Prior to the onset of the Asian financial crisis‚ several Asian countries had been trying to attract short-term capital money from abroad to finance their growing domestic credit demand. Asian governments were reluctant to devalue their currencies in the fear that investors would lose confidence in their financial institutions. As a result‚ their financial system was highly vulnerable‚ and there was a massive outflow of short-term capital once speculators attacked.
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West Asia Syria and Lebanon As in other parts of Asia‚ there was an upsurge for freedom in West Asia also immediately after the Second World War. You have read in the previous chapter about the movement of the people of Syria against the French rule. After the war‚ the French tried to restore their authority over Syria and Lebanon but‚ in the face of opposition from the people of these countries and the world opinion‚ they were forced to withdraw. Both Syria and Lebanon became independent by the
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1. Summary (1-3 sentences) The board of directors of a Swiss-based chemical company has a dilemma of choosing the suitable person for regional marketing manager in Asia. 2. Problem (what the company has to do - affirmative sentence) To select the most suitable person for the regional marketing manager in Asia. 3. Cast of characters (people and/or companies) Manfred Englemann (managing director); Jean-Claude Longaud (personnel director); Pieter Junker (technical director); Johann Straub (potential
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AIR ASIA Company profile: Air Asia needs no introduction in ASEAN‚ where it is the leading low-cost carrier‚ connecting people and places across 132 routes‚ 40 of which are offered by no other airline. In 2010‚ the Group‚ which includes affiliates Air Asia Thailand and Air Asia Indonesia‚ reinforced its leadership position with two remarkable milestones: flying its 100 millionth guest and breaking the RM1 billion(ringgit) profit barrier. From an airline with two aircraft plying six routes in Malaysia
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President‚ ASEAN until 2001 at Warner Music South East Asia. When Time Warner Inc. merged with America Online Inc.‚ he quitted his job and starts his journey to fulfill his childhood dream. This idea is generated when he was studying in England and wanted to go home during term break but was rejected by his father because the flights tickets that time are expensive. Later‚ he started a company under the name of Tune Air Sdn Bhd to take over Air Asia‚ Malaysia’s second national carrier with the tagline
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ECONOMIC LIFE OF ASIA The economy of Asia comprises more than 4 billion people (60% of the world population) living in 46 different states. Six further states lie partly in Asia‚ but are considered to belong to another region economically and politically. As in all world regions‚ the wealth of Asia differs widely between‚ and within‚ states. This is due to its vast size‚ meaning a huge range of differing cultures‚ environments‚ historical ties and government systems. The largest
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poverty‚ after all promises of selling herself told of riches. Now imagine this girl is your own. These are not pretty thoughts‚ but these actions are commonplace in Asia. In the February 1995 issue of World & I‚ Christopher P. Baker discusses his findings in the article‚ Kiddy Sex-Luring the Tourist for Love Beneath the Palms. In Asia more than half of the working prostitutes are under the age of 16‚ many of those are under the age of ten. Most people who hear the staggering statistics‚ just like
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intermediaries and competitors. Macro factors include Demographic‚ natural‚ technological‚ cultural‚ political and economic factors. However‚ these factors may vary depending with the company. In this study case of Air Asia‚ low price was the smartest marketing strategy Air Asia used. The company has done its research and found that there were a huge mass middle-class people that love to travel by plain. They targeted these people and offered them convenient and affordable air travel experience
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Pivot to Asia: Containing China or Rebalancing Asia? By: Sajid Kamal Abstract: The paper strives to present the gradual transformation within the global political scenario where China is perceived as a growing power‚ while US as a declining power. The study also incorporates the most significant hegemonic theories of Power Transition and Balance of Power. It‚ furthermore‚ unfolds the significance of Asia-Pacific and the competition of global powers over the reserves within the South-China Sea
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gNationalism in Southeast Asia before the Second World War never had a chance to succeed in the first place.h How accurate is this statement? The nationalists in Southeast Asia before the Second World War had achieved little in terms of gaining political concessions and constitutional reforms from the colonial powers so as to secure autonomy. While it is true that the nationalists faced many obstacles from the start (for instance the repressive measures taken by colonial powers to minimise
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