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CSOB, and local broking firms to form the Foundation for Capital Market Development.
ECONOMIST: Czech investment funds
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The government made economic advances under the first administration of President YUDHOYONO, introducing significant reforms in the financial sector, including tax and customs reforms, the use of Treasury bills, and capital market development and supervision.
FORBES: India Compares Best to Indonesia
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It has also been a bank-dominated market and as that relaxes the financial and capital markets will move from early stages of development.
WSJ: Pimco's Guiding Asia-Pacific's Investor Evolution: Ki Myung Hong
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That, he says, is the lesson of the development of Europe's capital markets over the past three decades, specifically the vast Eurobond market, where European banks such as Credit Suisse, Deutsche Bank and Paribas all played a big part.
ECONOMIST: But in Asia they will take time to build