Reid Kirchenbauer

Massive Debt in Thailand Burdens its Economy

Massive Debt in Thailand Burdens its Economy

Last updated May 24th, 2023. Rising consumer debt in Thailand is still a major source of risk for the Southeast Asian market, even with GDP growth at its lowest level in nearly a decade. Thai household debt accelerated rapidly, largely because of tax breaks on car and...

Buying a Condo in Singapore: The Ultimate Guide

Buying a Condo in Singapore: The Ultimate Guide

Last updated February 23rd, 2023. Singapore transformed from an undeveloped swampland into one of the world’s wealthiest countries. And it only took them under half a century. Because of this, property in Singapore is highly sought-after, and it’s among the most...

3 Weak Emerging Markets That Are Barely Growing

3 Weak Emerging Markets That Are Barely Growing

Last updated August 17th, 2022.   The term “emerging market” brings to mind a country which is growing quicker than most others. Emerging markets are typically going through a phase rapid urbanization, rising foreign investment, and improved infrastructure...

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

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

Last updated February 19th, 2023. ​ 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've successfully opened nearly a...

3 Most Stable Currencies in a Recession

3 Most Stable Currencies in a Recession

Last updated December 25th, 2022.     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 gold. I’m not necessarily saying that a recession...

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 May 7th, 2023.   China usually comes to mind first when Asia's economic growth is mentioned – and for a good reason. It's both the world’s largest exporter and manufacturer by a wide margin. With that said, several factors point to a lack of...

Buying Armenia Property: Asia’s Most Obscure Market?

Buying Armenia Property: Asia’s Most Obscure Market?

Countries that foreign investors don't often consider are usually some of the best ones to buy real estate. Armenia certainly qualifies as an overlooked property market. This landlocked nation bridging Asia and Europe probably isn’t the first place you’d think about...

Top 10 Singapore Property Developers: Complete Guide

Top 10 Singapore Property Developers: Complete Guide

Last updated February 28th, 2022.   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 25th, 2023.   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...