TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

TIME BOMB Thailand's THB1.1 Trillion Asian Contagion Bad Debt

Category: Real estate, Posted:02 Feb 2012 | 06:00 am

Despite a 15 year 'time out' between 1997's Asian financial crisis and the present, many regional monetary authorities still continue to shift the hot potato of debt.
Despite a 15 year 'time out' between 1997's Asian financial crisis and the present, many regional monetary authorities still continue to shift the hot potato of debt.
Here the Bank of Thailand still potentially hold's over THB1.1 trillion of debt incurred during the market meltdown depending if the authority will be tasked with clearing the FIDF (Financial Institutions Development Fund) massive shortfall.
Indonesia is in a similar situation from the IBRA (Indonesia Bank Restructuring Agency), as is Danaharta in Malaysia.
While in some cases the countries have managed to slip the issue under the carpet, there remains potential risk in the market place that the monetary sins of the past will come back to haunt them.

Other News

Read more

Go Ahead. Get Your Ya-Ya’s Out

Category: Tourism, Posted:17 Jan 2021 | 06:00 am Close your eyes. Go ahead. Remember a time when you were young. The magic as a kid, taking blankets, sheets, or even boxes and creating a fantastical tent or unique crazed getaway in the house. Letting your imagination go wild and take you on a journey to incredible places. Or pitching a tent in the […]
Read more

Is Thailand Ready For Legalized Gambling?

Category: Tourism, Posted:16 Jan 2021 | 13:38 pm Topping Thailand’s economic news are comments by the Prime Minister that he is willing to consider opening up gambling, according to the Bangkok Post. With the Thai economy struggling at funding an economic recovery process that has been under extreme duress by Covid-19, the question now will the pandemic be an accelerator of a long-lasting […]
Read more

Phuket’s World Class Creative Mad Metal Men

Category: Tourism, Posted:15 Jan 2021 | 09:15 am The Underwood Art Factory with its crazy, cool, innovative metal sculptures and fabrication is one of the island’s best global exports to some of the leading design hotels around the globe. Founder John Underwood’s long-term work with renowned design guru Bill Bensley has seen his work showcased in countless iconic locations and properties. The Underwood […]