Word: thailander
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...Thailand's political crisis appeared to deepen on Tuesday when the country's Supreme Court sentenced former Prime Minister Thaksin Shinawatra to two years in prison for violating conflict of interest laws while in office. The Supreme Court delivered a victory to the anti-Thaksin protesters that have been camped out in Bangkok for months when it ruled 5 to 4 that the former Thai leader broke Thai law by approving the sale of state-owned Bangkok real estate to his wife for $22.7 million...
...Thailand does offer one other option. Unlike in Indonesia, foreigners can own condominiums outright, which explains why apartment complexes are popular in Phuket. Nonetheless, the real lure of Phuket is a villa of your own, preferably with a private infinity pool and ocean view. From 2006 to '07, at least 2,300 high-end residential units were launched in Phuket, and roughly 970 more came up for sale in the first half of this year, according to Colliers International. Prices have skyrocketed, with new buyers from India, South Korea and even Central Asia driving up demand. At the Trisara residential...
...Cambodia Not-So-Friendly Fire Two Cambodian soldiers were killed Oct. 15 when Thai and Cambodian troops exchanged fire at a border spot occupied by a disputed ancient temple. Each nation claimed that the other fired first. Cambodia also announced it had captured 10 Thai soldiers, though Thailand accounted for all its troops. Tensions have been high since July, when Cambodian troops detained three Thai protesters for crossing the border in order to enter the disputed area...
...looking at the future, when U.S. companies will be competing not only with European, Japanese, South Korean and Chinese companies but also with highly competitive companies from every corner of the world: Argentina, Brazil, Chile, Egypt, Hungary, India, Indonesia, Malaysia, Mexico, Poland, Russia, Thailand, Turkey, Vietnam and places you'd never expect. And you can anticipate that future versions of the World Economic Forum's Global Competitiveness Index will be reflecting more rapid ascents and descents than it has in the past. The current financial crisis may only serve to speed up the process...
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