Prakash Chakravarti is a senior writer with Thomson Reuters/IFR/LPC, where he has worked for nearly 12 years in several senior positions. He has written extensively on Asian loan markets, including contributing to books and management reports, and been instrumental in the events and conferences organised by IFR relating to capital markets in the region. He has also covered other asset classes such as bonds and equity, and written about trends in commercial and investment banking and capital markets in Asia.
Improved business performance following a significant boost in tourism to the Republic of Maldives has prompted Trans Maldivian Airways to return to the loan markets with a US$200m–$225m deal.
Indonesia is shaping up to be one of the highlights of the Asian loan market in 2014 as lenders wager that the country’s new government will push through necessary economic reform.