Tempest in a teacup? Asia's current-account worries may be overblown

Article Abstract:

Fears in Thailand and Malaysia that the national current-account deficits have grown too quickly may be unjustified, say economists, though the issue deserves attention. Malaysia's deficit, which indicates the gap between imports and exports, and between domestic savings and required investment. Malaysia may lose competitiveness as labor costs rise, and much of its imports will not contribute directly to future exports. Thailand plans to increase domestic savings, especially at the household level.

International trade, Balance of payments, Thailand, Malaysia, Asia

---

Wrong turn: Bangkok car owners put their foot down

Article Abstract:

Car drivers in Bangkok have vigorously protested a new law restricting window tinting, saying it is costly and infringes on their freedoms. The law went into effect in a milder form on Mar 1. Police say lighter tints will reduce crime and improve safety, but protestors say it will increase crime. The tinting is needed to keep out the fierce sunlight, and it offers some modesty to those who have outfitted their cars with portable toilets.

Motor vehicles and car bodies, Automobiles, Automobile Manufacturing, Regulation and Administration of Transportation Programs, Transportation Programs-Local, Laws, regulations and rules, Transportation policy

---

Similar abstracts:

• Abstracts: Motown East; GM investment widens Thailand's lead in automobiles. Right is right: U.S. auto giants finally learn Japanese road rules
• Abstracts: Natsteel Electronics, Venture get a leg up amid sector ills. part 2 Adverse market conditions seem to play to Winbond's favor in placing issue
• Abstracts: Honda takes lead in race to launch Asia car with Thailand assembly plan. part 2 Toyota is close to unveiling its plans for Asian car as Honda launch nears
• Abstracts: Korean stock market may be better off without Seoul's help. To aid its economy, Seoul acts to discourage imports
• Abstracts: Choice Hotels sees need to become more choosy about its partners in Asia. part 2 Airport hotels offer packages to help while away the wait

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.