"Once upon a time...."

Once upon a time there lived a little princess, who grew to love a prince. She now lies buried on an island, a life smothered for uncommitted sins...

Born on July 1, 1961, Diana Frances Spencer’s romance with the oldest child of the British monarch had been a resplendent domain of interest to the paparazzi for extracting news of the royalty. “Here is the stuff of which fairy tales are made,” the Archbishop of Canterbury had said, unaware, this ‘grand fairy tale’ was an ephemeral illusion.

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Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri

MALAYSIA’S BANKING GUIDELINES

During mid 1997, when South East Asia was facing a currency crisis, Malaysia was no different. But unlike other countries that were dependent on IMF for support to come out of the crisis, Malaysia brought itself out of the loop through major reforms in its own economy. And banking consolidation was a major one. Having faced deep crisis during the 1980s because of bank inefficiencies, Malaysia brought in restructuring of the banking sector. And that helped the country emerge as one of the healthier ‘Tiger’ economies of the region.

For complete IIPM article click here

Source:- IIPM Editorial, 2006