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...Brackish mangrove swamps and remote beaches are being envisaged as golf courses and plots for five-star bungalows with private pools. Indeed, there are signs of vitality in other sectors of the impoverished country's once moribund economy. Cambodia's GDP grew 10.4% in 2006 - the highest rate in Southeast Asia that year - and foreign investment shot up some 400% to nearly $4 billion. Thirteen foreign companies, including Chevron, have licenses to explore Cambodia's offshore blocks for oil and natural gas; the government says domestic oil production could begin within three years. The rush for Cambodia's gold coast...

Author: /time Magazine | Title: Improbable Paradise | 5/29/2008 | See Source »

...recent years, the Southeast has experienced a manufacturing boomlet, with foreign companies in particular setting up shop there to cater to the huge U.S. consumer market. Now, thanks to the weak dollar, they're looking overseas...

Author: /time Magazine | Title: Will Exporting Ports Fix U.S. Trade Deficit? | 5/29/2008 | See Source »

...thought so dark has lodged in the mind of Les Gordon, a rice grower near the town of Barham in the country's southeast. But the drought's baking breath has dried and cracked his fields. Gordon should have been harvesting last month across a good portion of his 1,600-hectare farm. Alas, there was nothing to harvest. With no rain in sight and no access to the depleted reserves of government-controlled water, Gordon last September didn't bother to plant a crop...

Author: /time Magazine | Title: The Big Dry | 5/22/2008 | See Source »

...Burma AID TRICKLES IN More than two weeks after Cyclone Nargis left an estimated 134,000 dead or missing and 2.5 million homeless, Burma's ruling junta bowed to international pressure and agreed to accept substantial foreign aid, as long as it's funneled through ASEAN, the Association of Southeast Asia Nations. The U.S. and U.N. have landed supply planes in the city of Rangoon but have not been able to directly reach the delta, hindering the much needed large-scale disbursement...

Author: /time Magazine | Title: The World | 5/22/2008 | See Source »

...film industry. But when Sir Run Run Shaw left for Hong Kong and [influential Malaysian actor and director] P. Ramlee went back to Malaysia, things changed. If you think of movies produced back in the '50s, the budgets were, like, up to a million, and they were huge in Southeast Asia. UEKRONGTHAM: It's not so much about social control but trying to focus on economic progress. And maybe now is the time when they can focus on creating a film industry. You must remember that in an earlier age people were busy doing other things. Now we realize that...

Author: /time Magazine | Title: Singapore Redux | 5/15/2008 | See Source »

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