MSB International: from bust to boom
Article Abstract:
MSB International supplies temporary computer personnel and reported a profit of 3.42 million pounds sterling for the 12 months to Jan 1996. The company has grown rapidly as demand has risen, and the UK market is worth over 1 billion pounds sterling. The company ranks sixth in this market. The company was set up by Mark Goldberg, and later went into liquidation. It was bought by MSB from the liquidator. Goldberg is joint managing director, with Peter Flaherty and other board members handling administration and finance, and Goldberg dealing with sales.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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China: no boom-bust
Article Abstract:
Chinese interest rates have been reduced but Morgan Stanley does not see this as evidence that another boom is starting. Interest rates are not yet used for monetary management since state enterprises still account for some 67% state state bank loans. Credit rationing is used more for monetary management. The reduction in interest rates reflects greater control of inflation and widens the margins of banks which have seen their margins eroded. Banks have also been faced with non-performing loans.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
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