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    Thai business stories

    Choosing cheap Chinese Products over Thai jobs

    By needchange, Created on: 17/10/2010, Last updated on: 24/11/2015

    » Everyone knows the story of what has been happening in the US in terms of the trade deficit with China. If you go to Walmart, almost every product sold there comes from China. Walmart is America's biggest retailer if I'm correct. The trend is the same at many other retailers around the country. So...

    • drake commented : In the US news today - [i:2cqr971y]Solar company Solyndra to close factory, cut jobs[/i:2cqr971y] - [i:2cqr971y]All this despite a $535-million federal loan guarantee, more than $1 billion in private equity funds.... [/i:2cqr971y] - [i:2cqr971y]Competition from other solar panel makers is a major culprit. Manufacturers in China especially are offering hard-to-beat prices. [/i:2cqr971y]

    • drake commented : [quote="Voice":1vwk1lbc]Hello needchange! I do agree with you there about Thailand should encouraging our Thai companies to be more productive which could help our country in this economic crisis. [/quote:1vwk1lbc] Say, Voice. There isn't really an "economic crisis" in Thailand right now. SET has gone through the roof this year and the exchange rate is at the best it's been in over a decade. The state of general prosperity, that is something else completely different. [quote:1vwk1lbc]As Thailand still has cheap labour our good could be compatible with China or we could go for quality good items like electronic gadget as such.[/quote:1vwk1lbc] Industrial advances or economic prosperity and employment does not have a direct relationship these days as robots can do a large number of jobs better and cheaper than man. 'Cheap labor' alone just don't cut it anymore. Look at India and Mexico and ask yourself why aren't they ahead of China ? [quote:1vwk1lbc]The government should invest more in it people rather prodding in single area of agriculture. Even in the area we still cannot beat China for the best price for we can make.[/quote:1vwk1lbc] If all you have is a hammer, everything looks like a nail. The [i:1vwk1lbc]leadership[/i:1vwk1lbc] for this country, and I'm being overly generous with that word, are without a clue. They are stuck in a box, a very small box. They shuns new ideas and concepts. Most of them can't think of anything beyond their own gains. Sacrifice and service, that is just hollow propaganda for someone else. Yes, the country should invest in the people and their education but there are several other major obstacles. The fanciful social & environmental responsibility directive is one. I mean, who in the right mind would want to deal with the new worker's rights and environmental redtapes on top of the corruptions and the Manana attitude when they can go to China, or VietNam, or Podunk and won't have to deal with most of that ? Then, on the physical side, the country has anemic shipping infrastructure and inadequate supply of electrical energy. Without electricity there is no industry. Look like VietNam got that msg loud and clear and is seriously doing something about it by committing to a Nuke. Thai govt., well, they are still tooling about on that subject as if they've got all the time in the world. They might get around to decide to [i:1vwk1lbc]talk[/i:1vwk1lbc] about this sometime after hell froze over and all the foreign Green Nut NGOs or (foreign) special interest lobby had stop meddling, and all the officials agree on their piece of the pie. I mean, they've only been talking about digging a canal across the Kra Isthmus (คอคอดกระ) since the day of King Narai and nothing has been done so far beyond kicking the tires and a lot more talk. There's always t[i:1vwk1lbc]he next life[/i:1vwk1lbc] to get around to do it, right ?

    • needchange commented : []quoteThe leadership for this country, and I'm being overly generous with that word, are without a clue. They are stuck in a box, a very small box. They shuns new ideas and concepts. Most of them can't think of anything beyond their own gains. Sacrifice and service, that is just hollow propaganda for someone else. [/quote] It's time for the old leadership here to move out and for others to make a decision for real dramatic change. I don't agree with your points about Thailand having too many regulations because I don't see it. In fact, Thailand is probably as open as any country in the region to industry. As for vietnam getting more business lately they are just new and cheap to the marketplace. If anything, corruption goes a lot further there when it comes to foreigners. Thailand's laws against foreigners investing in Thailand are just wacky at times. Some think it's a good idea to have nuclear power. North Korean is the perfect model for that I guess then. A country with nuclear expertise whose people are living in the stone age. Having nuclear tech doesn't mean a darn thing. Lets hope that Thailand's neighbors don't have any accidents as that would basically kill off all of southeast asia. Let's just home the tech is more advanced and those monitoring the plants have higher quality standards than those at Chernobyl.

    • 48 replies, 211,938 views

    PR news / Promotions / Events

    The Divas Charity Concert & The 9th Christmas Charity Light

    By prnews, Created on: 05/11/2010, Last updated on: 05/11/2010

    » [b:2yuuow15]The Divas Charity Concert & The 9th Christmas Charity Light Up Party[/b:2yuuow15] Hard Rock Hotel Pattaya will be holding The Divas Charity Concert to celebrate its 9th Christmas Charity Light Up Party on Saturday, 4 December 2010 at the Hall of Fame Ballroom. Being a non-profit event,...

    • 0 replies, 1,883 views

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