Reid Kirchenbauer

How to Open a Thai Bank Account: A Foreigner’s Guide

How to Open a Thai Bank Account: A Foreigner’s Guide

Last updated March 27th, 2024. A greater number of foreigners live in Thailand than anywhere else in Southeast Asia. Naturally then, there’s a strong demand for opening bank accounts here. Yet the rules have always been unclear. I successfully opened dozens of Thai...

3 Most Stable Currencies in a Recession

3 Most Stable Currencies in a Recession

Last updated October 4th, 2023. The world economy is facing uncertain times. Family offices and other large wealth managers are hoarding cash, while governments from China to Switzerland are buying up resources. We're not necessarily saying that a recession is...

Myanmar Stock Exchange: Is it Failing?

Myanmar Stock Exchange: Is it Failing?

Myanmar has shown rapid improvement and modernization in the past couple of years. Steps the Southeast Asian country recently took include changing to an elected (albeit highly flawed) government and bringing in record foreign investment numbers. Back in 2015, Myanmar...

Why China Manufacturing is Uncompetitive

Why China Manufacturing is Uncompetitive

Last updated November 15th, 2023.   China is the world's largest exporter and manufacturer; it's much larger than its competitors by a wide margin. There's no surprise that the country usually comes to mind first when Asia's economic growth is mentioned. With...

Buying Armenia Property: Asia’s Most Obscure Market?

Buying Armenia Property: Asia’s Most Obscure Market?

Last updated March 29th, 2024. Oftentimes, the countries where you normally wouldn't think of investing are the best ones to purchase in. The Armenia real estate market certainly qualifies as overlooked. This small, landlocked nation that bridges Asia and Europe...

Top 10 Singapore Property Developers: UItimate Guide

Top 10 Singapore Property Developers: UItimate Guide

Last updated January 28th, 2024.   After Singapore became independent in 1965, the city-state rapidly transformed from a low-income country with little industry or infrastructure into one of Asia's largest hubs for trade and finance. But as Singapore's economy...

Indonesia’s Economic Problems: Asia’s Big Bad Economy

Indonesia’s Economic Problems: Asia’s Big Bad Economy

Last updated January 20th, 2024.   Indonesia enjoys Southeast Asia's largest economy. Sadly, numerous problems make it one of the ASEAN region's worst-performing economies. They've lagged behind frontier market peers such as Vietnam and the Philippines over the...

Freehold vs. Leasehold Property Ownership

Freehold vs. Leasehold Property Ownership

Last updated February 4th, 2024.    We've mentioned many times before that buying property in Asia can be confusing for a foreign investor. The differences between freehold and leasehold real estate in some countries certainly complicate matters. When buying your...

5 Countries Where Foreigners Can Own Land in Asia

5 Countries Where Foreigners Can Own Land in Asia

Last updated January 4th, 2024. Asia has captured foreign investors’ attention with its booming economy, natural resources, and growing population. Therefore, the continent is now a magnet for global businesspeople and entrepreneurs seeking higher returns and a lower...

Does E-Commerce in Singapore Threaten its Malls?

Does E-Commerce in Singapore Threaten its Malls?

Last updated July 23rd, 2023.   The western world fears for the safety of physical malls since e-commerce and online stores now sell anything you could ever want. Countless cities across the globe are already having e-commerce overtake the physical means of...