13 Nov '12, 9pm

Thailand 'can steal Singapore's crown' | Bangkok Post: business

Thailand 'can steal Singapore's crown' Published: 14/11/2012 at 12:00 AM Newspaper section: Business Tweet An Australian business leader made the unlikely suggestion at a conference yesterday that Thailand could surpass Singapore as a regional financial hub by becoming a new gateway to Myanmar. Carey Ramm, executive chairman of the Australian consultancy AEC Group, said Thailand is drawing greater interest from Australian investors thanks to its diversified economic base and connections with China and India. "With a better strategic position, Bangkok will become the next Singapore," Mr Ramm said on the sidelines of the 2012 Australia-Thailand Business Conference. "By 2020, Thailand will become a high-income country." The Australian government recently issued a white paper outlining Australia's shift in foreign policy emphasising relations with its Asian neighbours. Thailan...

Full article: http://www.bangkokpost.com/business/financialadvice/32110...

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