- By Pooky, this blog economics journalist
According to the Emerging Market Private Equity blog-environmental and social risk are hot subject with private equity. How is Thailand doing on both of these categories?
Well, worse than worse. Consider the following.
A great deal have been said that Thailand is a failed state. But why? And is it really so? This blog thinks Thailand is a failed state-and much of it has to do with business people.
A big group of Thai business people just went to see the Thai Prime Minister, after soldiers and protesters clashed and killed a whole bunch of protester-and yet the business people said they supported the government.
Are these business people crazy? Considering the following:
When the reds were left protesting-the Thai stock went up about 100 points, but after the government crackdown it fell 100 points. Now today, the day that Fitch rating went negative in Thailand-after the crackdown-not because of the protesting-and the Thai business people still said today that they support the government.
All the reds wants is for an election-but the government want another crackdown-and so the simple question is if these are reasonable business people?
It looks insane-these Thai business people. They rather save the prime minister, than the f–king economy-and then blames it all on the protesters. Does all of the above points to “SHIT-HEADS” or what?
Read our story about Thailand: A great leap forward or backward-and you will see what we mean.
Most Thai business people-probably never has a days worth of real education in their lives-or if they did have some education-they never had the morality to go with it.
Our advice-head to Vietnam and Indonesia-and prepare for if and when Burma gets its act together. Cambodia is also getting lots of private equity investments-so do not forget to look at it. Bypass this failed state and its risks-associated with the psychotic crowd at the top of Thailand.
And the environment-the Japanese, after investing like US$100 billion into this f–k up country, got screwed big time because of environmental issues-and so when the Ambassador said Japanese investors are like freaking out-guess what the The prime minister said? Yeah-like “do not pressure Thailand.”
- The following is from the Emerging Market Private Equity blog:
Managing Environmental and Social Risks and Opportunities: The IFC E&S Toolkit
An EMPEA Professional Development Webcast
Hosted by the International Finance Corporation (IFC)
April 21, 2010
10:00-11:00 am EDT/14:00-15:00 GMT
The environmental and social (E&S) impact of investments is of increasing concern to investors. Private equity fund managers must know how to identify and understand E&S risks and opportunities to successfully market to leading investors in this competitive fundraising environment. Learn how to manage these risks and opportunities from the International Finance Corporation (IFC) using their online ES-Toolkit.
Topics will include:
- The importance of E&S management to investors
- A preview and tutorial of IFC’s ES-Toolkit
- Major E&S risks potentially affecting investments in emerging markets
- E&S opportunities (e.g., energy efficiency, water savings, renewable energy, improved labor practices) that can add value to investments
- Umberto Pisoni, Global Portfolio Head, IFC Private Equity and Investment Funds Department
- Pallavi Shah, Global Product Specialist, Sustainable Investing Group of IFC’s Advisory Services in Environmental and Social Sustainability Department
- Todd Hanson, Consultant, Environmental Management and Social Development
EMPEA Members are entitled to complimentary registration.
Please check the list of members at http://www.empea.net to determine if you are eligible for the EMPEA Member complimentary rate.
Qualified limited partners are also entitled to complimentary registration.
Qualified limited partners include institutional investors and limited partners from foundations, endowments and public and private pension funds. All those who qualify for this complimentary rate must be approved. To determine if you are eligible for the Qualified LP rate, please contact Holly Freedman at firstname.lastname@example.org or +1.202.333.8171.
The non-member rate is US$249.
Hi, this is Tammy, is Thailand a failed state because Thailand is run by some psychotic bunch of business idiots? NO WAY, THAILAND IS NOT A FAILED STATE, consider Nat Kasarin-undoubtedly the most sexy and cutting edge “X” rated movie star globally-that came out since Traci Lords. If such a f–K up country can produce Nat Kasirin-I say this is not a failed state-and if Pooky does not like my opinion-she can bury her face into my pink peace-and snake tong my little button.