Indonesia tops ASEAN as the most Democratic Nation, with Singapore, Cambodia and Vietnam at the bottom, according to the Economic Intelligence Unit (EIU) 1012 ranking. For ASEAN, the EIU research gave Indonesia 6.76 score out of 10, with 53rd ranking position globally from 176 countries. Thailand came in second with 6.55 and ranking at 58th.…
Thailand’s prime minister, Yingluck is planning a visit to Russia, in July of 2013 and have invited the Russian president, to visit Thailand latter in the year. And Thaksin, Yingluck’s brother and former Thai prime minister, is a close personal friend, of the Russian president, from years of working together, as years earlier, Thaksin proposed…
Workers wage is a cost to business. However, workrs productivity is a gain for business. Thailand just increased its minimum wage significantly. What is the prospect for higher workers productivity? Wikipedia says: In a survey of manufacturing growth and performance in Britain, it was found that: “The factors affecting labour productivity or the performance of…
With falling Foreign Direct Investments (FDI) into Vietnam, down some 27.3% in first half of 2012, from rising labor costs and weak financial oversight, Vietnam plans moving up the manufacturing ladder, in targeting quality projects. Competition for ASEAN members: If the policy shift succeed, Vietnam, will give its more developed ASEAN partners, such as Thailand…
A few years back, when the USA bagan to make its strategic alignment to Asia, Hillary Clinton visited the region often. And one of her priority, in the ASEAN region, is developing the Greater MeKong Subregion (GMS). In fact, under Hillary’s leadership, exchange programs started between GMS related units, and the USA Mississippi River development…
According to IESE‘s Global Venture Capital and Private Equity (VCPE) Attractiveness Index, between 2007 and 2011, Singapore’s attractiveness dropped by 2 and Indonesia‘s attractiveness was up by 11. Venture Capital is defined by Wikipedia, as: Venture capital (VC) is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests…
Terence Asian News 