In The News

Sars-Free Asia Goes All Out to Woo Tourists Back

Paul Zach June 26, 2003
Jubilation is filling Sars-free Asian streets now that the WHO has issued the affected countries a clean bill of health and lifted travel warnings. City governments from Beijing to Taipei are sparing no expense on mass celebrations, encouraging people to go out and spend. Locals and even foreign businessmen have responded en masse, eager to join the colorful celebrations. However, amidst this...

Citizenship Doesn't Entitle You to a Job

Chua Lee Hoong June 25, 2003
In recent years, more and more multinational companies have relocated their factories to countries that provide cheap blue-collar labor. However, as the competition for jobs becomes fiercer in countries experiencing recession, white-collar jobs are also being exported. In Singapore, those affected by this new trend include airline pilots, lawyers, engineers, and accountants. In this article in...

Hundreds Rally in Aceh Gasfield to Demand Extension of Contracts

June 25, 2003
Residents of Indonesia's Aceh province now fear unemployment in the midst of war and military rule. Oil giant ExxonMobil, which employs about 3000 people in the rebel province, announced that it will not be renewing contracts with up to 1200 workers "due to declining gas production and substantially reduced activities." Amidst the instability of military activity and martial law...

Mistakes Aplenty Over Gas Pipeline

June 24, 2003
The construction of a Thai-Malaysian gas pipeline has caused numerous clashes between Thai police and protestors. The protestors, many from Muslim villages affected by the construction, claim that the pipeline is unnecessary because demand for natural gas will not be high enough unless new heavy industries are developed in the region. But any such development, they say, would place a heavy burden...

Jury Still Out on Kuala Lumpur's Drive to Free Manufacturing Sector

Eddie Toh June 24, 2003
As China rises up to become the most attractive location for foreign direct investment (FDI), many countries in the Asia-Pacific region are seeing declines in FDI. In response to the sharp fall, Malaysia has decided to fully liberalize its manufacturing sector by allowing foreigners to own 100% of their new operations. Through this new policy, Kuala Lumpur hopes to prevent some multinational...

Unreformed, Unrefined, Unrepentant

June 20, 2003
The 1997-1998 Asian financial crisis seriously disrupted many economies in the Asia-Pacific region and impeded global economic growth. Governments and international institutions have since tried to draw lessons from that nightmare. In this article in The Economist, the author says that there is still much to be learned and dealt with, including Thailand's current problems with its taxation...

Preempting North Korean Threat in the Sea

Michael O'Hanlon June 20, 2003
In recent months, the United States has struggled to halt North Korea's nuclear weapons program. Now, the Bush Administration has proposed a “Proliferation Security Initiative” designed to cut off the communist country's trade in illicit weaponry and material. This is a worthy multilateral effort, argue Brookings Institution scholars Michael O'Hanlon and Michael A. Levi, but its...