X-Nico

8 unusual facts about 1997 Asian financial crisis


Emperor Entertainment Group

The label is affected by 1997 Asian financial crisis, which has caused the label, to be acquired by EEG in 1999.

Hallelujah FC

Hallelujah FC was finally dissolved in August 1998 due to the Asian financial crisis.

Incheon-class frigate

In the early 1990s, The Korean government plan for the construction of next generation coastal ships named Frigate 2000 was scrapped due to the 1997 Asian financial crisis.

Kemayoran Airport

Several expansion projects have been abandoned however, due to the 1997 Asian financial crisis like Jakarta Tower and Pallazo Apartement.

MRT Blue Line

The project suffered multiple delays not only because of the 1997 economic crisis, but also due to challenging civil engineering works of constructing massive underground structures deep in the water-logged soil upon which the city is built.

Sanming Shaxian Airport

Construction of Sanming Airport was first approved by the national government in 1993 and began in 1995, but stopped in 1998 in the wake of the 1997 Asian financial crisis after 160 million yuan was already spent.

Suphankanlaya

During and after the 1997 Asian financial crisis, she became part of the "pantheon" of Thai national deities.

The Shock Doctrine

Part 4 reports on how the shock doctrine was applied in Poland, Russia, South Africa and to the tiger economies during the 1997 Asian financial crisis.



see also