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...months after returning from exile in triumph, Thailand's former Prime Minister Thaksin Shinawatra fled to London on Aug. 11, the same day that the former Thai leader and his wife were due to face corruption charges in Thailand's courts...

Author: /time Magazine | Title: Thaksin Flees to London — Again | 8/12/2008 | See Source »

Thaksin, who flew to Britain after attending the Olympics in Beijing, said in a televised statement that since returning in February he and his family had had their lives threatened and been treated unfairly by Thailand's judicial system. "My family and I have continuously been treated unjustly," Thaksin said. He accused his enemies of intervening in the justice system to "get rid of me and my family," and said he would seek political asylum, though he did not say in which country. In his three-page statement, read on a Thai government-owned television station, Thaksin said his exile...

Author: /time Magazine | Title: Thaksin Flees to London — Again | 8/12/2008 | See Source »

...Thailand's Supreme Court immediately issued arrest warrants for Thaksin and wife Pojaman, who is also a defendant in one of the corruption cases, after they failed to appear in court on Aug. 11. The court confiscated $239,000 in bail previously posted by the couple, and an additional estimated $2 billion of the couple's assets have been frozen by the courts as their cases are deliberated...

Author: /time Magazine | Title: Thaksin Flees to London — Again | 8/12/2008 | See Source »

...Thailand, which has not experienced colonization, designers are less hung up on identity. "If we use elements of local culture, it's not so much a way of expressing 'Thai-ness' but more about placing things found around us that might be funny or surprising," says Pijitra Lalitasakun, who turned Hanuman, the monkey god from Hindu epic the Ramayana, into a motif that adorns items by Bangkok's Hey Pilgrim! label. The 28-year-old says that if Bangkok has identity issues they are not cultural but to do with market perception - it is seen as "the place where...

Author: /time Magazine | Title: Your Logo Here | 8/8/2008 | See Source »

...creativity or because they are wasting their money on frivolous things. It is a matter of what is possible for these people. Cambodia lacks the infrastructure and technological capabilities at the moment to make most businesses feasible. Cambodia is growing, but it is far behind even its closest neighbors, Thailand and Vietnam. As domestic and foreign direct investment modernize the country, the loans of MFIs will surely be utilized in more creative ways. Microfinance does have its merits. It provides one of the only means for women in certain societies to establish a self-sufficient lifestyle. It is also overwhelmingly...

Author: By Charles A. Lacalle | Title: Finance in the Third World | 8/8/2008 | See Source »

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