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  • News & article

    Right products for the right markets the key in Asean

    Asia focus, Tanyatorn Tongwaranan, Published on 19/10/2015

    » Unfazed by the fierce competition in Southeast Asia's largest automotive market, Apollo Tyres Ltd rolled into Thailand two years ago, hoping to present another side of Indian brands and create a space for itself within Asean.

  • News & article

    Ford Scraps Plan to Develop an Electric Vehicle With Rivian

    Business, Published on 22/11/2021

    » Ford Motor Co. and Rivian Automotive Inc. have decided to go their separate ways rather than collaborate on future electric vehicles, backing away from an earlier strategic pact that led to a multibillion-dollar windfall for Ford.

  • News & article

    Key challenges for 2015

    Business, Post Reporters, Published on 05/01/2015

    » Thais are hopeful that the Year of the Goat will be an easier and more prosperous one than the rough and bumpy Year of the Horse. 

    • Forum

    A Lot of Room to Grow” in ASEAN-India Cooperation

    By prnews, Created on: 23/08/2017, Last updated on: 23/08/2017

    » [b:2a98jbfh]Experts Advise a Drive of SMEs and Digital Economy[/b:2a98jbfh] [attachment=2:2a98jbfh]PKH_2698.JPG[/attachment:2a98jbfh] A grand forum on economy, trade, investment, and tourism, "ASEAN-India Expo and Forum" was recently organised by Thailand’s Ministry of Commerce, its allied...

    • 0 replies, 663 views

  • News & article

    Obama seeks minimum wage rise

    Bloomberg News, Published on 13/02/2013

    » WASHINGTON - US President Barack Obama called for raising the federal minimum wage to $9 an hour and warned he will use executive powers to get his way on issues from climate change to manufacturing if Congress does not act, laying out an assertive second-term agenda sure to provoke Republicans.

  • News & article

    Europe in auto industry crisis talks

    AFP, Published on 08/11/2012

    » As Europe's once powerful auto sector struggles against falling sales, EU industry commmissioner Antonio Tajani on Thursday said ministers will draw up plans by December 10 to save their carmakers.

    • Forum

    America bashing at Esplanade Mall

    By gohmer, Created on: 09/05/2010, Last updated on: 11/06/2011

    » I putting this post up because it is related to international relationships with American citizens living and visiting Thailand. It illustrated to me that little is known about America by most people in Thailand, in fact, I think that few in the world truly understand what America is about and how...

    • Noah Shepherd commented : [quote:106ojxvj]700,000 US citizens come and spend money here as tourists every year [/quote:106ojxvj] Yes, it's called international trade. In return for providing goods and services, the seller receives cash and the deal is done. No thank you letters or gratitude required. It's not just Uncle Sam coming here and spending money. There is plenty of trade done in the other direction as well. Two tier priced higher education programmes where overseas students pay more in non state funded, private universities. Look at all of those cars that are made by USA joint venture factories such as GM and Ford (who are only partly here because of the cheap labour) ... well, they are bought and driven by Thais. It is basic economics 101 - there is no such thing as a one way flow of capital. [quote:106ojxvj] how many times America has aided Thailand over the past 70+ years, and the proof that we have had a great business relationship is the fact we are simply the only country that has a special treaty - "Amity" - allowing Americans to own 100% of a business here. [/quote:106ojxvj] The US Thai Treaty of Amity agreement originally dates back to 1833 when Andrew Jackson was President and Rama III was King, that's 167 years by my sums. The agreement was the precursor to increased international trade and investment, not as a result of it as OP alludes to; so it is not "proof" at all. (Under WTO rules, the Amity agreement is technically illegal, but that's another story.) Have a nice day.

    • 119 replies, 154,424 views

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