Word: thailand
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...1970s--the first Chinese trading company to list on a stock market--he displayed his knack for timing. Unencumbered by generations of cousins and uncles, Fung was able to take advantage of the dawn of the roaring Asian tigers, moving his manufacturing operations to Taiwan and South Korea, then Thailand, Indonesia and the Philippines, networking with Asia's entrepreneurial Chinese diaspora. Today about half the firm's manufacturing is done in China. "The truth of the matter is, as things shifted, we were better at doing things because we are Chinese," says Fung. "We didn't have to go through...
...country's future ultimately rests with Than Shwe, and all indications are that the reclusive 74-year-old general won't loosen his grip on power. "I haven't seen anything that shows he is willing to make any concessions on anything substantial,'' said Win Min, a Thailand-based author and Burma expert. The democracy protests, Burma's biggest political uprising in years, have done little to change the status...
More than 60 people in need of heart transplants or major surgery have been treated using the new procedure. That's a small number, but the results are nonetheless stunning: all of them improved. That's why TheraVitae, the privately owned company set up by Fulga and his Thailand-based partner Robert Clark, is being hailed as a potential giant...
With so many budget carriers starting up, they might be a bigger threat to one another than to the major carriers. Thailand has no fewer than seven low-cost operators. In September, Singapore's A-Sonic Aerospace said it plans to start a budget carrier in China with a Chinese state company. Tiny Singapore will be home to three low-cost airlines: Valuair, Jetstar Asia (which boasts Australia's Qantas Airways as a large shareholder) and Tiger Airways (backed by Singapore Airlines). "We'll grow as quickly as we can and fly wherever we can," vows Stephen Johnson of Indigo...
...often spending more than $3,500 a day. That's a small price to pay, he argues, to keep the low-price tickets out of the hands of potential AirAsia customers and to foster ill will toward his competitor. (Fernandes contends that this has not damaged his business in Thailand.) "I buy them and throw them away," Udom says, adding, "I didn't expect this dogfight to be so serious...