Displaying items by tag: illegal economy

A UN report has revealed record levels of methamphetamine and synthetic drug production in East and Southeast Asia, primarily sourced from the Golden Triangle, where Thailand, Myanmar, and Laos meet. Historically known for opium and heroin production, the area now sees massive methamphetamine production, fuelling the illicit economy by an estimated $80 billion a year. Political instability, especially in Myanmar's lawless frontier regions, has exacerbated drug production. In 2023, a record 190 tons of methamphetamine were seized in the region, 89% of it from Southeast Asia. The report also noted record seizures of ecstasy and the increasing presence of ketamine, a powerful anaesthetic used both medically and recreationally. Drug networks have diversified, spreading production from Myanmar's Shan State to other regions in the lower Mekong River basin.