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...sitting at a computer all day, hasn't imagined owning a personal slice of paradise, lush with bougainvillea and frangipani, perhaps a sea breeze carrying the scent of exotic herbs and barbecued delights? Southeast Asia abounds with such dream locales, but two destinations trump all others: Bali and the southern Thai island of Phuket. It is on these two chunks of land, a mere 2,400 square miles (6,200 sq km) combined, that thousands of expatriates have bought tropical vacation homes. Indeed, a global real estate slump notwithstanding, Bali and Phuket's residential sectors are still booming, in part...

Author: /time Magazine | Title: A Tale of Two Islands | 10/16/2008 | See Source »

...Oceans Apart Despite the seeming similarities - balmy islands in Southeast Asia with international airports, abundant marine life and plenty of cafés serving espresso and freshly baked croissants - Bali and Phuket offer vastly different real estate experiences. First off, Bali is much cheaper than Phuket. Because the Indonesian island is so much larger than its Thai counterpart, Bali offers a wider diversity in terms of topography: verdant rice paddies, soaring volcanoes and several distinctive urban centers. The Indonesian island cherishes its deep cultural roots, with traditions interwoven into daily life, not manufactured for some cheesy ethnic show...

Author: /time Magazine | Title: A Tale of Two Islands | 10/16/2008 | See Source »

...global conflict research non-profit organization is planning to create a joint Southeast Asian Peace lab with Paramadina University in Indonesia with the aid of the Harvard School of Public Health, according to officials at the universities. The Peace Lab—sponsored by the International Association for Humanitarian Policy and Conflict Research—will seek to educate individuals involved in conflict management by studying Indonesia’s history of conflict resolution, according to Claude Bruderlein, who directs the School of Public Health’s Program on Humanitarian Policy and Conflict Research. Though Harvard has been intimately...

Author: By Elias J. Groll, CONTRIBUTING WRITER | Title: Harvard Helps New Peace Lab | 10/15/2008 | See Source »

Gunfire crackled across the border between Thailand and Cambodia on October 15, reigniting tensions between the two Southeast Asian nations over a disputed swathe of land near an ancient Hindu temple. For days, troops from both countries have flooded the area near the Preah Vihar temple, and each side claims the other fired Wednesday's first shot...

Author: /time Magazine | Title: Thai-Cambodian Border Spat Heats Up | 10/15/2008 | See Source »

...Those choices do not seem to include any slowdown in snapping up the work of rising Southeast Asian artists, however. The Sotheby's auction for modern and contemporary Southeast Asian paintings on Oct. 6 had better sales, with I Nyoman Masriadi's "The Man from Bantul (The Final Round)" selling for $1,006,356 - a record price for both Southeast Asian contemporary art and the Indonesian artist. While Chinese contemporary art is looking like it may be heading for a slowdown, Bashat says, "Southeast Asian art still has appeal in this sense: good value art at reasonable prices, and artists...

Author: /time Magazine | Title: Will Crashing Markets Bring Chinese Art Back Down to Earth? | 10/8/2008 | See Source »

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