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The extent of the damage to Thailand’s economy is just starting to come clear in the wake of the chaos wrought by anti-government protestors who drove away risk-averse investors and wrecked the tourism industry with the closure of Bangkok’s international airports. With the Democrat Party’s leader Abhisit Vejjajiva installed Monday as the new Thai prime […]

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Agencies feared children would be at greater risk of trafficking in the wake of Cyclone Nargis MAE SOT, 11 December 2008 (IRIN) – When Cyclone Nargis hit Myanmar in May, leaving close to 140,000 people dead or missing, aid workers feared an increase in child trafficking from the region. Burmese children have long been trafficked […]

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By GREG LOWE IN BANGKOK THE luxury condominium market will dive next year as the global economic downturn continues to dry up the much-needed pool of cash-rich foreign investors, local property analysts said. They predict that luxury condominium prices would drop by 10-20 per cent in the first half of 2009. Current high prices will […]

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By GREG LOWE in Bangkok THAILAND’S longest-ever demonstration ended last Wednesday when the anti-government People’s Alliance for Democracy (PAD) called a halt to its street protests, and ended its eight-day siege of Bangkok’s two international airports. But its economic impact could drag the country’s economy into recession next year, according to analysts, who said that […]

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MAE SOT, 3 December 2008 (IRIN) – When Lynn Mon and his family arrived in the Thai border town of Mae Sot in June, they were penniless. Cyclone Nargis had devastated their village in the Ayeyarwady Delta, destroying their home, farmland and livelihood, as well as killing 30 members of their family. “We had to […]

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By GREG LOWE IN BANGKOK THAILAND’S political deadlock, which has led to an eight-day blockade of Bangkok’s two airports by the anti-government People’s Alliance for Democracy (PAD), is unlikely to be resolved even if the Constitutional Court orders the ruling People Power Party (PPP) to be disbanded today, analysts say.

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Author Paul Theroux ponders the changing face of travel as he’s witnessed it and tells GREG LOWE how to make the most of your trips There is a misconception about how travel has changed, like the misconception about the Internet. That it makes people more intelligent, that it puts them in touch, that it gives […]

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Thailand´s property market will be hit by the double impact of domestic politics and global economic turmoil next year, but while both prices and demand may fall by up to 20 percent as the Thai economy falters, the market´s sound fundamentals will continue to provide solid medium to long term profits for cash-rich investors. The […]

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