Emerging Markets Risk Strategist with a focus on non-conventional risk analysis, business intelligence and project risk analysis in SE Asia - at day. Sport addict otherwise - by Olivier FalcozUltraGrid Theme by UltraLinx
Rangoon — Regional integration offers greater opportunities to narcotics producers and traffickers in Burma, the UN Office on Drugs and Crime (UNODC) said on Wednesday, at a time when Asia’s demand for methamphetamines shows signs of accelerating.
The warning represents a darker take on a regional push to better connect infrastructure and economies, and facilitate the trans-border movement of people. That integration is typified by efforts to create an Asean Economic Community by 2015 and extends to projects aimed at better linking Burma to its giant Asian neighbors China and India.
“Organized crime groups are well positioned to take advantage of regional integration agreements to expand the trafficking of synthetic drugs and precursor chemicals” said Jeremy Douglas, the UNODC’s regional representative for Southeast Asia and the Pacific, according to a statement.
(Source: irrawaddy.org)Read more
#MH370: Malaysia is investigating the alleged hacking of computers and email accounts of officials involved in the search for missing Malaysia Airlines flight MH370, a news report said today.
The hackers siphoned off classified information related to the plane a day after it disappeared on March 8, and transferred the data to a location in China, Amirudin Abdul Wahab, CyberSecurity Malaysia chief executive, was quoted as saying.
Malaysia’s state-owned investment fund, which is offering to take the national airline private, sold 1.5 billion ringgit ($476 million) of Islamic bonds today, said two people with knowledge of the deal.
There’s a recurring theme emanating from nearly every permanently bullish pundit right now. I’m sure you’ve heard it. It goes something like this: “I was around in 1999-2000. You have no idea how crazy it was back then. We are nowhere near that level of mania today. We therefore have much, much further to go.”
On its face, it seems like a reasonable statement. After all, 2000 was the peak of the greatest U.S. stock market bubble we have ever seen. A chart of the CAPE ratio (or Shiller P/E) illustrates just how stretched valuations were back then and how we’re still far from such levels today.Read more
Kuala Lumpur (Reuters) - Malaysia is considering tapping one of its top economic policymakers to lead an overhaul of Malaysia Airlines that aims to transform the troubled carrier into a “premium airline”, a newspaper reported on Wednesday.