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LIFE

Mementos of the meltdown

Life, Arusa Pisuthipan, Published on 03/07/2017

» This month marks the 20th anniversary of the 1997 'Tom Yum Kung Crisis', the landmark financial crash that left investors in shock, employees in tears and the economy in tatters. As hard lessons are still being learned, Life looks back at colourful memories from one of the seismic events that has helped define modern Thailand.

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LIFE

Testing the Thai waters

Life, Arusa Pisuthipan, Published on 31/07/2015

» Thailand's water tourism has never received as much state support as it does now. In 2003, Phuket was announced as one of Asia's major yachting and marina destinations. A year later, the government decided to revoke import tax for yachts and other types of boats. Investors were then encouraged to build marinas and waterside accommodation.