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XyrlocShammypants posted:A common feature of Southeast Asian countries is saying things like "crime is on the rise" or other such things whenever political change takes place. It's probably not true. A shitload of regional PE folks and other businesses all rushed in a few years ago when things opened up. I was in Cambodia a lot at the time, where many of them had been entirely focused, and the buzz was everywhere. There have been a few common development-related industries where money has been made, but a lot of those people found out the reality (and made nothing OR lost loads), which is that the country was at that time a full decade off of being able to remotely support the kind of operations most of them envisioned (factories, etc). No roads, no reliable and industrial power generation, ports are ten kinds of hosed up (think Liberia, not Cambodia), telecommunications are decades behind - everything you need to operate a modern offshore business, they're really just now building up to modern spec. So it's happening, but it hasn't yet happened. It does have some advantages in that sense, though, since the adult population has been working in Thai industrial jobs for several decades and doesn't need training. It's going to be interesting when the domestic capacity in Burma finally gets high enough that it robs Thailand of its cheap labor, but it also means that Burmese labor isn't going to be as cheap as they think with China bidding on one side and Thailand on the other - then it's just down to how much of a cut you'll take to stay in your home country. Odd situation. Thailand was the Liberia to Burma's Sierra Leone for, what, about 30 years? That's all basically just slowly going to be over.
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Jun 6, 2016 07:20
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| # ¿ May 6, 2024 04:26 |
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