Word: southeasterly
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Dates: during 2000-2009
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Which of the world's stock markets will benefit most from China's rapid growth? Big players like Japan and Taiwan, or the smaller basket of Southeast Asian stock markets? I think it's the smaller basket of Asian markets, and that includes Indonesia, which is lately the hottest of the Asian emerging markets because they've come through this [economic crisis] very well and they seem to have their act together in terms of fiscal and monetary policies. Indonesia's political process has improved tremendously; it also has a big population and a lot of natural resources. The stock...
...sprawling Cubao district, offers more than just footwear. Built in the 1970s, at the behest of the Philippines' footwear-loving former First Lady Imelda Marcos, who wanted to promote local shoemakers, it seemed on the brink of dereliction when its original tenants began to close down due to cheap Southeast Asian competition. Rents plummeted and, in 2004, a different type of resident moved in. Suddenly, hollow store units were populated by funky art galleries and vintage boutiques, cool cafés and quirky antique shops. This new community dubbed itself Cubao X, a moniker that reflected its eclectic, bohemian spirit...
...With no bailout help from New Delhi in sight, Air India is bidding to bring its profitable international budget brand - Air India Express - to Indian turf. Air India Express, which has been flying routes to the Middle East and Southeast Asia for the past five years, will configure 10 of its 57 planes for budget flights by September, says Air India managing director Arvind Jadhav. The company plans to increase the number of budget flights a day from 25 initially to 43 by October. Ticket fares will be down 25% making it attractive for fliers. The logic, says aviation minister...
...Prime Minister Gordon Brown called the verdict "monstrous" and urged the United Nations Security Council to impose an international arms embargo on the regime. Malaysia's Foreign Minister Anifah Aman expressed "grave concern" over the verdict and called for an urgent meeting of his counterparts in the Association of Southeast Asian Nations, a regional organization that is usually supportive of Burma. A global arms embargo is "the most effective way of showing this military dictatorship that it can no longer defy the international community," says Zoya Phan of London-based advocacy group Burma Campaign...
...large part, Floridians have created their own mess. The Sunshine State loves exotic pets, and sales of pythons, most imported from Southeast Asia, reached $10 million in the state last year. But too many buyers, after discovering what a large and expensive chore caring for these snakes can be, simply get rid of them. And because there aren't a lot of adopt-a-python agencies, the reptiles are often dumped in the wild. As a result, Florida in 2008 instituted new ownership requirements, such as $100 annual permits, proof of snake-handling skills and implantation of microchips in pythons...