denotes premium content | Sep 3 2010 
Editor's Letter
posted 21 Dec 2009 in Volume 13 Issue 3
Editor’s letter
Opportunity knocks?
“The worst year on record? Maybe…”
That was the start of TFR’s Review of the Year in 1999, in the aftermath of the financial crisis that engulfed parts of Asia,
The lessons learnt during the Asian financial crisis ten years ago have arguably contributed to the region’s growing strength today. During the past decade, governments have been mindful of the need to reign in the worst potential excesses of their banking sectors, while being careful not to run-up large deficits.
In the corporate sector, Standard Chartered’s Tan Kah Chye observes that a corporate in the
If only such hard lessons had been learnt in Western capitals – not to mention among the banking fraternities of
This time, however, it is not another local difficulty, but the reflection of epoc-changing times: the time is up for Europe and
It may represent little more than an ‘equalisation’ of wealth, but such shifts are rarely smooth and pain-free. Yet in the turbulence over the next few years there will be much opportunity.
The question, as always, is identifying and exploiting them.
TFR Deals of the Year Awards
The deadline for the TFR Deals of the Year Awards has been extended until the new year. You now have until midnight on 5 January to submit your contenders. For more information see page 12.
Graeme Burton
Managing editor
