Singapore, Malaysia and Thailand to lag behind ASEAN countries
BY LARRY BANKS

BANGKOK: -- The prospects for grown among ASEAN export-oriented economies of Singapore, Thailand and Malaysia are expected to remain weak compared with more demand-driven economies, according to Moody’s Investors Service.

On Tuesday the ratings agency said that the growth outlook of ASEAN economies would diverge in 2016 and 2017 against a backdrop of subdued global demand.

Moody’s vice president and senior research analyst Rahul Ghosh said that Malaysia, Singapore and Thailand’s prospects for growth would remain weaker than those of the Philippines and Indonesia this year and next.

Full story: https://ethailand.com/business-news/singapore-malaysia-thailand-lag-behind-asean/1839/

-- eThailand 2016-03-22

this is really old news, and boring. much more apropro.... and surprising.... is Jim Hansen's updated expiration date for the Bangkok area. Atmospheric Chemistry and Physics 16, 3761-3812. March 22. That's today.

Edited March 22, 201610 yr by maewang99

Provided their governments don't increase public debts significantly...

But Thailand will lag behind Singapore and Malaysia to finish last.

Singapore has the highest number of free-trade deals among Asean member countries, since it has a highly developed system and is a fully open country for free trade. Malaysia and Singapore and Vietnam are already part of the TPP.

Thailand, meanwhile, when compared with other Asean countries, has delayed joining a number of potential regional groupings, most notably the US-initiated Trans-Pacific Partnership (TPP).

But Thailand will lag behind Singapore and Malaysia to finish last.

Singapore has the highest number of free-trade deals among Asean member countries, since it has a highly developed system and is a fully open country for free trade. Malaysia and Singapore and Vietnam are already part of the TPP.

Thailand, meanwhile, when compared with other Asean countries, has delayed joining a number of potential regional groupings, most notably the US-initiated Trans-Pacific Partnership (TPP).

OK! But did you really expect Thailand to put that they are last? They needed to show other countries so they would not lose face.

What is so magical about free trade deals. If they are free trade, why do you have reams of paperwork? Surely a phone call saying let's trade freely would do the trick. Usually they are a strong player trying to interfere in a country's affairs on behalf of some powerful forces in their own country; like the big drug companies and extending the periods that products are protected against generic competitors.

What is so magical about free trade deals. If they are free trade, why do you have reams of paperwork? Surely a phone call saying let's trade freely would do the trick. Usually they are a strong player trying to interfere in a country's affairs on behalf of some powerful forces in their own country; like the big drug companies and extending the periods that products are protected against generic competitors.

What is magical about free trade deals is that they are treaties.

Trade deals are not simple handshakes and a note from your principal.

Treaties binds countries legally to a deal that can only be amended, changed or cancelled through a legislative process in any of the countries involved in the deal. This means that the deal cannot be reneged upon in a change of government administration or by public demand, albeit war can circumvent any legal process.

Since treaties are legal documents and involve matters of sovereignty, they will be very complex and comprehensive. Meaning reams of paperwork.

What is so magical about free trade deals. If they are free trade, why do you have reams of paperwork? Surely a phone call saying let's trade freely would do the trick. Usually they are a strong player trying to interfere in a country's affairs on behalf of some powerful forces in their own country; like the big drug companies and extending the periods that products are protected against generic competitors.

What is magical about free trade deals is that they are treaties.

Trade deals are not simple handshakes and a note from your principal.

Treaties binds countries legally to a deal that can only be amended, changed or cancelled through a legislative process in any of the countries involved in the deal. This means that the deal cannot be reneged upon in a change of government administration or by public demand, albeit war can circumvent any legal process.

Since treaties are legal documents and involve matters of sovereignty, they will be very complex and comprehensive. Meaning reams of paperwork.

That is not sounding very magical.

Complexity is sometimes used to limit effectiveness.

E.G. Asean Free Trade Area from the 90's.