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Money • STORY OF THE DAY • Aug 17, 2020 • 2 min read

Thai economy Thailand’s economy shrinks most in more than 20 years

By Agence France-Presse • Aug 17, 2020
Thailand's economic growth contracted by 12.2% in the second quarter of the year due to the coronavirus pandemic, the steepest drop for the tourism-driven economy since the 1998 Asian Financial Crisis

Money • STORY OF THE DAY • Aug 14, 2020 • 7 min read

Cambodia in Quarantine Reading between the data

By Andrew Haffner • Aug 14, 2020
Wrapping up a week of delving into the four pillars of the Cambodian economy – garments, agriculture, construction and tourism – Globe editor Andrew Haffner offers reflections on the findings and process behind the series

Money • STORY OF THE DAY • Aug 13, 2020 • 14 min read

Cambodia in Quarantine Holidays on hold

By Andrew Haffner • Aug 13, 2020
Tourists have clamoured to see the sights of Cambodia and, for years, business has moved to meet demand. But the sudden collapse of the global travel industry has brought an end to the party, with once-bustling towns like Siem Reap now lying dormant

Money • Aug 12, 2020 • 13 min read
Cambodia in Quarantine

Hanging up the hard hat

With no building in Phnom Penh higher than four storeys only 20 years ago, Cambodia's capital and many provincial cities have seen explosive development. But with the hard hats hung up on many smaller projects in recent months, how sustainable is the boom?
By Andrew Haffner • Aug 12, 2020

Money • Aug 11, 2020 • 11 min read
Cambodia in Quarantine

A return to the fields

Once the largest single industry in the Kingdom, Cambodia's agricultural sector has shrunk significantly with the growth of industrialisation. Now, with few other options as the economy stalls due to the pandemic, Cambodians are once again going to ground
By Andrew Haffner • Aug 11, 2020

Money • Aug 11, 2020 • 8 min read
Cambodia in Quarantine

Finding a pulse

For centuries the Tonle Sap has been key to the Kingdom's fisheries and a source of nourishment for millions. Now, dams on the Mekong, negligence and climate change are changing history and threatening the Kingdom's food security
By Andrew Haffner • Aug 11, 2020

Money • Aug 10, 2020 • 13 min read
Cambodia in Quarantine

Locking the factory doors

For decades the garment and footwear industry has fuelled Cambodia's economic miracle, with more than 900,000 workers employed by over 1,000 factories at its peak. But with the global economic shutdown, the factory lights are off and the doors locked
By Andrew Haffner and Kong Meta • Aug 10, 2020

Money • Aug 10, 2020 • 5 min read
Thailand

Supercars and champagne: Bangkok’s rich purr through

The global pandemic has hit the pockets of the majority, but one minority remain unscathed with Thailand's wealthy elite finding their purse strings during Covid-19 as loose as ever
By Aidan Jones / AFP • Aug 10, 2020

Money • Aug 07, 2020 • 7 min read
Analysis

The evidence around Cambodia’s microfinance debate

Following a recent op-ed attacking a report by rights organisation LICADHO highlighting the dangers of microfinance debt in Cambodia, researchers Sango Mahanty and W. Nathan Green set out to unravel the debate surrounding the controversial industry
By Sango Mahanty and W. Nathan Green • Aug 07, 2020

Money • Jul 31, 2020 • 11 min read
Belt and Road

Onboard China’s Belt and Road Express: Does Laos stand to benefit?

The first piece of track on Kunming-Vientiane railway was laid in April as part of China's Belt and Road Initiative. But with the project steaming ahead, does Laos stand to actually see any benefits from the project, or is it merely in Beijing's interest?
By Alexi Demetriadi • Jul 31, 2020

Money • Jul 21, 2020 • 8 min read
Analysis

Vietnam’s greying elders: Managing one of the world’s fastest ageing societies

Though Vietnam is rapidly changing by virtually every metric, it's the country's ongoing demographic shift that could prove most pivotal. With birthrates dropping and life expectancy rising, Vietnam is among the world's most rapidly ageing societies
By Alastair McCready • Jul 21, 2020