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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
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16 Asean
Has Asean Recovered from the Pattaya Fiasco?
Global Crisis Impact on Asean Shipments

20 Brunei
Diversification on the Back Seat
22 Cambodia
When Garments Lose its Key Earner Status
24 Indonesia
Maximising the Resources
26 Laos
Investors and Bettors
28 Malaysia
Will Najib Pull it Off?
30 Myanmar
Keeping the Junta Afloat
32 Philippines
The Downside of Manpower Exports
34 Singapore
Downturn Deals Galore
36 Thailand
Testing Times for Abhisit
38 Vietnam
Policing the Blogosphere

80 Asean Tech 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.

10 Your Views 12 From the FOUNDER
14
Subscription Form/Index of Advertisers
40 Talk Asean
POST ASEAN SUMMIT: PRIVATE SECTOR’S PERSPECTIVE
From constructive criticism to outright disappointment – widely varied feedback given by private businesses in the region provide valuable food for though for fellow Asean investors and policy-makers as well.

46 Cover Story
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.

52 Asean Travel
PHU QUOC – VIETNAM’S HIDDEN GEM


Discover the emerging paradise consisting of 26 islands in Vietnam Southwest boasts of rare flora and fauna in an original tropical rainforest, which is why its is aptly named Phu Quoc the “Emerald Island”.
60 Beyond Asean
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?
74 Asean Money
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?
76 REAL ESTATE –A REALITY CHECK
81 Asean Tech
OUTSOURCING FROM ASEAN?
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? 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.
78 Asean Auto
Thailand Automotive Industry:
A BRIEF RESPITE FROM BIMS
84 Asean in Figures
The 30th edition of the Bangkok International Motor Show (BIMS) temporarily lifted the spirits of the automotive market in Thailand facing the worst times in vehicle sales since the 1997 Asian financial crisis.

85 Asean Events



86 Asean Bazaar

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