FINANCIAL HUB
Thailand 'can steal Singapore's crown'
- Published: 14 Nov 2012 at 00.00
- Newspaper section: Business
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.
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