The IMF and several countries agreed to help Thailand by funding them with $16 billion rescue package. And 4 billion come from Japan. In return Thai land have to lower its budget deficit to prevent inflation from rising above 9%, increase VAT from 7% to 10% and clean up debt in local banks. But the rescue package was not efficient funding was misallocated (corruption in Thailand).
The economic crisis was not only in SEAN, it was the world problem so the US and Europe open market and help these economies get back on track. This will mean an increase in export for SEAN, earn some revenue for the economy
Hawaii is the 50th state of the US so the official currency is US dollars. However, the state has a considerable amount of Asian currency exchanged there, as it is not legal tender.
With daily news bulletins reporting on the gloomy global credit crunch it can be difficult to know where exactly to put your money. While domestic markets might show an ever-descending decline in the retail and property sector, overseas currency markets remain buoyant. With appropriate independent financial advice, the Asian and Australasian currency markets might just be you key to a secure future.
philippines and manillalargest contributor to the asian development bank
Asian Development Bank's motto is 'Fighting poverty in Asia and the Pacific'.
Manilla.
1929-1933 the global depression 1997 Southeast Asian crisis
Southeast Asian Games was created in 1959.
These southeast Asian countries want to work together to address migrant crisis in what is called the Boat People.
Ruth Law has written: 'The Southeast Asia cookbook' -- subject(s): Cookery, Cookery, Southeast Asian, Southeast Asian Cookery, Southeast Asian Cooking
The population of Association of Southeast Asian Nations is 601,000,000.
Asian dollar. IF an "Asian" currency even exists!
The population of Association of Southeast Asian Nations is 601,000,000.
Journal of Southeast Asian Studies was created in 1960.
Southeast Asian Ceramics Museum was created in 2005.
Southeast Asian Press Alliance was created in 1988.
Journal of Current Southeast Asian Affairs was created in 1982.
Association of Southeast Asian Nations was created on 2008-12-16.