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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (2430)10/14/1998 10:44:00 PM
From: Tom  Respond to of 2951
 
I hope, Yiwu, that people both within and without the region realize how very critical the current economic situation in East Asia continues to be. Whether "bottoming" or not, it is during this phase of redevelopment and the re-establishment of their markets that leaders and policy-makers should be careful to make no error whatsoever.

"Guarded optimism" is the appropriate posture for individual investors. As a matter of fact, I must admit to poking around a bit in Thailand lately. And will probably jump-in at the next opportunity. (While no one's looking, of course. <g>) I'm disappointed, however, to see trouble anew in Chuan Leekpai's administration. I don't fault Mr. Leekpai for it. We all know how those fragile political coalitions work. Just more corruption requiring eradication.

That the trouble in Chuan's cabinet appears to source from the Education Minsitry is a bit of a vexation. It's an area of the Thai system that needs to be advanced as rapidly and considerately as possible; then bolstered by both social and political awareness campaigns.

Thailand, and other nations we're all aware of, need to afford as much as they are able to education.

Thanks a bunch for the point-out, Yiwu.

www.pathfinder.com/@@19C9QYA4jg4zlGb/asiaweek/eyewitness/chuan1.html