We're not sunk yet
Article Abstract:
Malaysian Prime Minister Mahathir Mohamad in the 1980s recruited talented businessmen to manage the company of the ruling party's businesses. Halim Saad was chosen to mange the company called Renong, one of government-supported companies. His assets were worth about $1 bil, but after the Asian financial crisis, he is $5.3 bil in debt and with unfinished infrastructure projects. Despite his losses, he has decided to stay and will issue bonds to cover the company's debts.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
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After Suharto
Article Abstract:
The Indonesian military was a major force in the events that forced Suharto to resign. Suharto finally gave in when he lost all political support. The new government headed by Suharto crony B.J. Habibie may be as unstable and ineffective at solving economic problems as the old one. Economic reforms will be the real test of Habibie's government.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1998
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