Word: thailander
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...This month, Hirjee is packing off a 30-year-old businessman from Hyderabad and his 27-year-old wife to Bangkok and Pattaya, Thailand. Hirjee has yet to break the news that one of his eight marriage counselors on staff will be their extra baggage for the six-day vacation. "The message will be subtle," Hirjee says. "They will be told that somebody from our team will accompany you to help with transfers and other things. "We dont want to rock the boat by telling them much in advance and being too explicit. It's a sensitive issue...
...versions of an Asian free-trade zone have been mooted in the past. But with Asian economies leading the world out of recession while America languishes, the topic is coming up with increasing frequency. At a meeting of regional leaders hosted by the Association of Southeast Asian Nations in Thailand last month, Japan's Prime Minister Yukio Hatoyama proposed an "East Asian community" that would bind together Japan, China, South Korea and the 10 countries of Southeast Asia, plus India, Australia and New Zealand. Hatoyama - who recently opined that "the era of U.S.-led globalism is coming...
...This marks a big change. As Thailand's Prime Minister Abhisit Vejjajiva said during the recent ASEAN summit, "The old growth model where, simply put, we have still to rely on consumption in the West for goods and services produced here, we feel will no longer serve us." This is especially true because China, which is poised to overtake Japan as the world's second largest economy, is an increasingly important trading partner for countries such as Japan, South Korea and Indonesia. "Asian firms would do better to reorient their exports and production towards meeting the demand of Chinese consumers...
...TIME's photo-essay "Boxing Out of Poverty and Prison in Thailand...
...China's "industrialization and structural modernization are largely complete," according to Pivot's report. As a result, new investments will end up funding unneeded factories, buildings and roads. He concludes that the country's capital spending boom is unsustainable because it is "outstripping previous great transformation periods" experienced by Thailand and Asia's other tiger economies, as well as Germany and Japan...