Jakarta Traffic Problem – No fast tracks in Indonesia

Jakarta’s epic traffic jams cost the economy US$3.4 billion in losses per year, a tangle even massive infrastructure building could take decades to unsnarl By John McBeth Over the past two decades, Bangkok has made great strides in public transport, building the so-called Skytrain and a subway in the expectation it would relieve the once-canal-laced … Continue reading Jakarta Traffic Problem – No fast tracks in Indonesia

VietJet brings sex appeal to aviation

Nguyen Phuong Thao, Vietnam's first woman billionaire, has ascended through risqué marketing, global vision and a delicate gender balancing act By Ma Nguyen Nguyen Phuong Thao, Vietnam’s first woman US dollar billionaire, has risen to the top on a controversial corporate formula: bikini-wearing employees. As chief executive officer of VietJet, the country’s fast rising budget … Continue reading VietJet brings sex appeal to aviation

Central Asia Affairs

Kazakhstan, Azerbaijan and Georgia sign Trans-Caspian International Transport Route protocol By Yerbolat Uatkhanov in Central Asia ASTANA – Kazakhstan, Azerbaijan and Georgia signed a protocol April 1 confirming the regulations on membership in the Legal Entities Union and the composition of the working group on the development of a transport route and its action plan … Continue reading Central Asia Affairs

Why the Arctic is Set to Become Driver of the Russian Economy

Last week, President Putin took part in the fourth International Arctic Forum in Arkhangelsk, northern Russia. As Russian business news portal Expert Online points out, the area is at the crossroads of a third wave of large-scale economic development in the region. In addition, several factors make the present wave of development unique On Thursday, … Continue reading Why the Arctic is Set to Become Driver of the Russian Economy

Cambodia – Auto parts makers steer toward Poipet

  For nearly two decades, Poipet was a one-trick pony, relying on the casinos huddled around its Thai border crossing for its economic fortune. But now a different type of cluster is emerging on the frontier town’s outskirts, where industrial parks are attracting predominantly Japanese manufacturers with a vision for a vast Southeast Asian supply … Continue reading Cambodia – Auto parts makers steer toward Poipet