Economics/Business

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Resurrected

Two Indonesian tycoons with massive amounts of debt have escaped bankruptcy and are flourishing again, partly as a result of government shelter and forgiveness and partly because of the convenient location ...
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Philippines: Off its sick bed?

Could the country perennially described as the sick man of Asia be reviving? Its economic vital signs are unexpectedly better than thought possible, with growth in gross domestic product that could hit 6 pe...
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To Market, To Market

Asia’s financial markets have largely shrugged off news of North Korea’s nuclear testing gambit. They just don’t appear to believe that the communist state’s latest machinations are ...
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No Setting Sun

It has long been an article of faith among economists and government planners that a declining population means an eventual decline in the prestige, power and influence of a nation. From Singapore to most...
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A Banking Star’s Inconvenient Singaporean Truth

Investment banks have always been the most outrageous of all the many alley cats in the financial services industry. Nothing must get in the way of profit, least of all telling their investor clients the ho...
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Thaksin Isn’t the Only Loser

No one was killed in last week’s coup in Thailand, Prime Minister Thaksin Shinawatra was ousted easily, and although the baht and stock exchange wobbled slightly, the military junta has gone out of it...
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Indonesia’s gusher of gas, mud and graft

On May 28 at 10 a.m., something terrible went wrong deep inside Banjar Panji I.  There, 1,800 meters into the exploratory gas well being drilled near the Surabaya satellite town of Sidoarjo, about 900 km...
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Time to Invest in Thailand?

In yet another demonstration that markets don’t give a fig one way or another about democracy, the Stock Exchange of Thailand closed Thursday night at 694.72, just 7.84 points, or hardly more than 1 p...
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Taiwan’s Golden Boy Stumbles

With tens of thousands of protesters at the gates of the presidential palace this week to demand a recall of Taiwan President Chen Shui-bian, Taipei Mayor Ma Ying-jeou, the opposition Kuomintang Party&rsquo...
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Inside The Lion City, Part 2

This is the second of a multi-part series to run over the next week in the Asia Sentinel in conjunction with the World Bank and International Monetary Fund meetings in Singapore. It will examine Singapore&#...