Crisis section :: Business Day



Crisis	29 Jan 04 06:53 GMT
Avian Flu Crisis Will Test Asian Economies
As countries grapple with problem, how will this outbreak impact some of Asia?s ?star? economies?
ds, It seemed two weeks ago that everything was going his way. The ?his? in this instance being Thailand?s Prime Minister Thaksin Shinawatra. The Thai economy was sailing along at a 7 percent growth clip. It had just been announced that the value of his, rather his family's business empire, had just hit 10 percent of the entire... (read more)

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Crisis	23 Jan 04 22:43 GMT
Thailand Reports First Human Death From Avian Flu
A 56-year-old butcher becomes Thailand?s first death from avian flu, charges of government cover-up are rampant
ds, This evening (Jan.23) it was announced by the Thai government that the first death of a person due to the avian flu had occurred. The victim was a 56-year-old butcher who had apparently come into contact with an infected chicken carcass. In Thailand, there are three more cases under surveillance, two boys from a chicken farm... (read more)



Crisis	15 Jan 04 06:39 GMT
Credit Crisis Grips Korea
LG Card to replace top executives as looming plastic crisis comes to a head in South Korea
ds, In what could be an ominous trend in Asia, slightly reminiscent of the 1997-98 financial crisis, the ?plastic? crunch is gripping South Korea. Liberal credit card rules backed by government policies, have played a role in stimulating the domestic demand in such Asian countries as South Korea and Thailand. In South Korea, at... (read more)



Crisis	12 Jul 01 09:17 GMT
International Monetary Fund urges Japan to further ease Monetary Policy
Although there may be a short-term fall in yen, IMF urges easing
ds, Although a short-term depreciation may occur in the value of the yen, the International Monetary Fund has urged that Japan ease monetary policy. IMF first deputy managing director Stanley Fischer speaking at a seminar organised by the IMF and the Japanese Finance Ministry, said, 'Expansionary monetary policy means providing... (read more)

Crisis	15 Dec 06 11:42

More muslim Thais flee to Malaysia

Vipin Wilson Bangkok, Dec 15: A group of 20 Muslims from southern Thailand entered Malaysia to seek political asylum after claiming their lives were in danger from "military pressure," the official Bernama news agency said Friday. The group, comprising nine men and 11 women, aged between two and 55, entered Malaysia late Thursday through... (read more)