Thailand Business News
 |
Asia, however, has been hit hardest: 40% of the world’s disasters have occurred in the region in the past decade, resulting in a disproportionate 80% of disaster deaths. And Asia’s poor, lacking in resources and more vulnerable and exposed to the elements, have borne the brunt of these cataclysms.
Share this Article
 
|
More:
Asia must Improve Preparation for Disaster
The output of other sectors was also affected during the recent crisis, although less markedly because they had been growing slower than the sectors linked to external demand.
The continuation of certain government policies, especially the pension to the elderly and free education should also support higher consumption levels for the poor. The longer-term goal of reducing reliance on external demand will take time, especially given political uncertainties that hinder the government’s ability to implement not only its investment program but also needed structural reforms.
The relative strength and power of sovereign wealth funds is massively increasing, and the money has to go somewhere.
Many Thai companies don’t even really need to be in the market, with only a limited need to raise capital.
