Capital market reforms
Article Abstract:
A package of capital market reforms has been introduced since Nawaz Sharif became Prime Minister of Pakistan in Feb 1997. The new government wants to build vital capital markets in Pakistan. The new policy addresses demands made by the Karachi Stock Exchange Ltd., including the abolition of taxes that discouraged equity investors. Pakistan lacks a domestic mutual fund management industry, which is vital for stock market growth.
Publication Name: Asiamoney
Subject: Business
ISSN: 1607-0526
Year: 1997
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Financial reform in Taiwan: new equity derivatives
Article Abstract:
The Taiwanese government is reforming the Taiwanese financial markets to create a modern, flexible capital market by permitting the offering of a new class of financial products, equity derivatives, including index futures and stock warrants. The Taiwanese Stock Exchange plans to offer stock warrants in Sep 1997, and the new Taiwan Futures Exchange dealing in stock index futures contracts opens in Oct 1997.
Publication Name: Asiamoney
Subject: Business
ISSN: 1607-0526
Year: 1997
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