Archive for: November, 2010

Vietnam Protest Over Spratly and Paracel Islands

The people of Vietnam, despite the Vietnam government, protested on Sunday outside the China embassy over the partial claim of the Spratly and Paracel islands by the Chinese government according to AFP. The Chinese government took partial position of the islands from South Vietnamese forces in 1974 which have created on going concern ever since [...]

Thai Economy Loses $2.9 Billion from ‘Red Shirt’ Riots

The Thai government estimates that the most recent riots by ‘Red Shirt’ protestors has cost the Thailand economy as much as $2.9 billion in lost tourism revenue according to AFP. The loss to the Thai economy comes as the Thai government expects that Thailand will see 3.2 million less visitors to Kingdom as tourists spend [...]

Circle K to Invest in Vietnam

Mentation Couche-Tard Inc, producer of the Circle K brand, has announced it will invest in Vietnam according to Fox News. While the size of the Vietnam investment deal was not disclose, the deal was signed as an exclusive master franchise and license agreement with GR Vietnam International Limited through a wholly-owned subsidiary. The move by [...]

Fitch Rating Cut to Hurt Thailand Investment

Fitch Ratings service announced it has cut Thailand’s sovereign credit ratings from BBB+ to BBB and will likely negatively impact Thailand investment according to AP. The ratings downgrade is clearly in reaction to the continued political turmoil that has caused the current Thai government to declare a state of emergency in the capital of Bangkok [...]

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