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The Asian Panama Canal
Kra Canal

Countdown to resurrection

View Samples AseanAffairs Magazine
May - June 2009

After more than three centuries in the works, Southeast Asia’s mother of all mega projects remains dormant. Signs have emerged pointing to the reactivation of the multi-billion dollar project, sooner than expected.

COVER STORY  Read More...

CONTENT
• INSIDE - OUT
• BEYOND ASEAN
• ASEAN MONEY
ASEAN TECH 
The Saga of Kra Canal
Reviving the mother of all mega projects
Read the full story.  Subscribe now!

Cover Story Asean Money

KRA CANAL: COUNTDOWN TO RESURRECTION

The revival of tourism industry, particularly in Asean, should come faster than expected and amidst the gloomy forecasts many see rewards, for there are strong reasons for a quick recovery. Page 46

REAL ESTATE –A REALITY CHECK

The days of financing property (and most other) purchases via highly leveraged borrowing now appear to be gone. Downward pressure on property asset prices may be just part of the cycle, or is it a secular change? Page 74

CHICKEN & EGGS: CORPORATE
FINANCE & STRATEGY
As much as chickens need eggs to continue its future generation, corporations also need good strategies to keep its continuity for several generations. Why are eggs actually equivalent to assets in the corporate vaults? Page 76

Asean Tech

Beyond Asean

CRACKING THE IT MARKET IN ASEAN-II
Governments should buy from local firms
Suggestion for governments to overcome the fear of failure and job security, the overwhelming reasons for not awarding contacts to the local IT manufacturers and developers.
Page 80


AANZFTA: GLOBAL CRISIS VERSUS FREE TRADE Interviews with trade ministers from Australia and New Zealand
The trade deal struck by the 10-nation Asean, Australia and New Zealand came amidst concerns over protectionist measures Could it be a balancing act to counter the growing temptation among the crisis-hit economies to ignore free trade norms?
Page 60

OUTSOURCING FROM ASEAN?
The recession has helped reiterate Southeast Asia’s position as a destination of choice, be in Information Technology Delivery, Contact Centres or BPO. Apart from low cost, there are now a plethora of other features putting the region firmly on the global outsourcing map.
Page 81


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