Word: thailander
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...Barton Biggs, chief global strategist at Morgan Stanley, because it remains the world's leading economy. "But then Europe and Asia will move further, faster," he predicts. His favorite regions are parts of Europe--notably Germany, France, Italy and the Netherlands--Hong Kong and South Korea, and emerging markets Thailand, Malaysia and Indonesia. Stocks in these markets trade at less than 10 times expected 2003 earnings, on average, while U.S. stocks still carry an average P/E ratio of around 20. A few themes stand...
...THAILAND Pattaya Music Festival [March 21-23] For three days and nights, the beachfronts of the city of Pattaya will liven to international performers of all sorts of musical persuasions. For further details on the jam session, go to thailandgrandfestival.com...
...DISMISSED. CHEA SOPHARA, 51, governor of Phnom Penh credited with turning the Cambodian capital into a tourist destination, by Cambodian Prime Minister Hun Sen; in Phnom Penh. The move comes after violent anti-Thai riots earlier this month, which sent relations between Cambodia and Thailand to their lowest level in decades. Sophara was reassigned to be ambassador to Burma...
...million worth of illegal narcotics were incinerated on live television as part of Thailand's crackdown on drugs...
Thaksin Shinawatra vs. Purachai Piumsombun: Thailand's Prime Minister, left, and its popular Justice Minister faced off after a budget dispute spilled into the headlines. In better days, Thaksin called his Thai Rak Thai colleague (and police-academy classmate) a potential successor. But last week he told a group of generals, "I will have to look for someone else" because Purachai "can't get along with anyone." Purachai claimed the real issue was his refusal to "rubber stamp" an inflated budget request from his permanent secretary, who happens to be Thaksin's brother...