Category Archive: Neighbour Countries – Nachbarländer

ASEAN 2015 – Doubts Over AEC.

Hopes that the ASEAN Economic Community will be ready to launch on time look increasingly ambitious. By Luke Hunt  –  April 07, 2014  -  The Diplomat. In a rare moment of honesty a Cambodian… Continue reading

Death Sentence for Corrupt Vietnamese Bankers.

Vietnam’s punishment for corrupt bankers: Death. On June 29, 2009, upon conviction of running a Ponzi scheme that bamboozled investors of at least $18 billion, Bernie Madoff was sentenced to 150 years in… Continue reading

“There is a huge gap between what the brands say and what the brands do.”

Brands ‘failing their workers’. Source:  The Phnom Penh Post  –   European mega-brands are not doing enough to ensure that the Cambodian workers who make their products receive a basic living wage. Tailored… Continue reading

Myanmar illegal timber exports worth $5.7 billion in 14 years.

Why don’t Myanmar log trade figures add up? Corruption! Source: Thomson Reuters Foundation – Thu, 27 Mar 2014 01:37 PM Global imports of timber from Myanmar between 2000 and 2013 were three and… Continue reading

Cambodia Riel, Chinese Yuan Clearing.

Cambodia’s central bank allows China’s ICBC to start yuan clearing services. China’s largest bank, Industrial and Commercial Bank of China (ICBC), said that the National Bank of Cambodia (NBC) has approved the ICBC… Continue reading

Japan Heads For Cheaper Off-Shore Labor in SouthEast Asia.

Total Abenomics Fail Slams Japan Where It Hurts Most. By Wolf Richter  -  Testosterone Pit. Nippon Steel & Sumitomo Metal Corporation, headquartered in Tokyo, was formed by merger in 2012 and that instant became… Continue reading

ANZ to cut ties to Cambodia bank.

The Australia and New Zealand Banking Group Limited, commonly called ANZ, wants to offload its majority holding of the Cambodian bank that this year was embroiled in a scandal involving the financing of a Cambodian sugar… Continue reading

Thailand’s February 2 election invalid.

Thailand’s Constitutional Court has ruled that the recent general election was invalid. The snap polls were an attempt by PM Yingluck to quell an ongoing political crisis. The Constitutional Court found that the… Continue reading

Asian conflict partly due to US military bases.

My view is this: we wouldn’t have a conflict in Asia if not for the intervention by the U.S. The U.S. has a security pact with Japan and has military bases and naval… Continue reading

Thailand lifts emergency rule.

Thailand is to lift its state of emergency on Wednesday, March 19, 2014, as tensions ease after weeks long anti-government protests. Anti-government protesters want Prime Minister Yingluck Shinawatra to step down The 60-day… Continue reading