Alcohol is no ordinary commodity. Millions of people enjoy it safely if drinking in moderation. Alcoholic beverages are big business that creates substantial jobs, pay huge tax and contribute to our economy. But if consume excessively and regularly, alcohol is addictive substance that can cause...

Recent financial market reform undertaken by East Asian policymakers has focused on facilitating corporate bond market development. McCauley and Park (2006) note that this vision encompasses three perspectives: a regional bond market denominated in regional currencies; a series of domestic...

The paper describes the practical application of data mining techniques for segmentation of on-line enquiries in an on-line travel intermediary. The segmentation approach focuses on the enquiry-to-sale conversion process in the on-line intermediary. The analysis provided significant directions...

Transitioning from dysfunctional to normal banking system after the Thailand 1997 crisis is fundamentally a dynamic, trust building, process-oriented management problem. It is not a static goal oriented process with close-end solution because of multi-dimensions and dynamic complexity nature of...

Thailand's tourism industry has suffered significant crises during the last five years including Bird Flu epidemic starting June 2002, SARS outbreak in February 2003, frequent violent unrests in Southern Thailand since January 2004, and Tsunami disaster in December 2004. These crises have...

This paper examines the relative roles of financial constraints and average cost behavior in depressing output during the 1997 currency crisis in Thailand. We analyzed Thai firm level data between 1996-2000, and found robust evidence of decreasing short-run average costs. Taking the median...

In this paper, we examined the role of financing constraints in depressing output during the crisis, using Thai firm level data. Out of a total 1998 output decline of 3.7 percent in our sample, we find that tightening financing constraints contributed to lowering output by 1.7 percent. However,...

Corporate governance (CG) in banking industry of Thailand has evolved significantly after the 1997 Asia Crisis. The international standard such as OECD and BIS guidelines has been closely followed. Bank of Thailand (BoT) has continuously updated its regulation and best practice advice to reflect...

This study investigates the yield spread between Thai Government bonds issued in the US domestic market (quot;yankeequot; bonds) and US Treasury bonds to determine the long-term equilibrium dynamics and the factors that affect changes in credit spreads. The sample period investigated was from 5...

We investigate the yield spread between Thai Government bonds issued in the US domestic market and US Treasury bonds to determine the long-term equilibrium dynamics and the extent that interest rate and asset factors affect changes in credit spreads. The results suggest that the long-term...