Should A Woman Be Allowed to hold the office of President of the USA?

[Lite Beer]

Private sector hope more cooperation will foster economy

BANGKOK: -- The private sector has held high hope that the government’s new economic team will be more cooperative in working to urgently address problems in farm, energy and transport sectors.

President of the Thai Millers Association Manas Kitprasert encouraged the economic team led by newly-appointed Deputy Prime Minister Somkid Jatusripitak to foster closer cooperation among the economic ministries.

Manas cited the lack of coordination between the Commerce Ministry and the Agriculture and Cooperatives Ministry, which resulted in their failure to indentify farmers’ root causes of problem and resolve them in the past.

The two ministries are closely associated with farmers nationwide but they did not appear to work together very well, he noted.

The lack of their cooperation created mismatch in information, which hindered their effort to determine measures to resolve root causes of farmers’ problems, he added.

Chairman of the Land Transport Federation of Thailand Yoo Jienyuenyongpong, meanwhile, called for urgent support from the new cabinet for small and medium enterprises (SMEs) in the logistic sector in the light of liberalization of logistic services at the year end, when ASEAN becomes a single economic community.

He noted that local SMES will face fierce competition from foreign operators who posses greater capital and higher level of technology.

The government should help foster network of local business operating in land, air, water and rail transports, he said.

Through this, local logistic businesses could expand their alliances and improve their competiveness, he added.

Source: http://englishnews.thaipbs.or.th/private-sector-hope-more-cooperation-will-foster-economy

-- Thai PBS 2015-08-22

[Thai at Heart]

They miss the point. Gdp, is GDP irrespective of which nationality the company is producing it. Why should they protect the domestic logistics business if foreign companies can do it better?

[NeverSure]

The profits go to the company that owns it. For instance the Japanese car companies are making a small fortune manufacturing virtually every one of their cars for the US market in the US. They do create American jobs, but the business and profits belong to the mother ship.

Germany manufactures BMW, Mercedes and Volkswagen in the US. Off topic but they starting doing that to protect themselves against currency value swings. "Manufacture in the currency you sell in".

Unless you have some capital of your own and choose to buy stock in Honda, Toyota, Nissan etc. the money dribbles to the owners.

Cheers.

Edited August 22, 2015 by NeverSure

[Srikcir]

Closer cooperation among the economic ministries will be meaningless if the OVERALL ECONOMIC STRATEGY is flawed.

Prayut ultimately drives the strategy and he has shown little willingness to change HIS strategy. What he has changed are the voices for his strategy but not the substance. But unfortunately, Thais do not have the opportunity that the Greeks have to change their regime after failed promises.

[Thai at Heart]

The profits go to the company that owns it. For instance the Japanese car companies are making a small fortune manufacturing virtually every one of their cars for the US market in the US. They do create American jobs, but the business and profits belong to the mother ship.

Germany manufactures BMW, Mercedes and Volkswagen in the US. Off topic but they starting doing that to protect themselves against currency value swings. "Manufacture in the currency you sell in".

Unless you have some capital of your own and choose to buy stock in Honda, Toyota, Nissan etc. the money dribbles to the owners.

Cheers.

That's fair enough, but when thailand relies on exports they can only keep trying to attract more companies in, not continue to throw up barriers.

[shirtless]

More hot air lets see these government types are only out for themselves sack them all .they are a waste of oxygen

[noitom]

Thais need to learn that hope is not a strategy.

[timewilltell]

Just about every Thai ministry, indeed every system, in Thailand is its own castle. The courts are one such system, the tax office, police, and Justice ministry, prisons and every local government section are all independent. There is NO interaction or co-operation at all. If you have an issue involving several departments it is impossible to get it resolved because the various departments either fob you off to another or fight against each other. Even the court shows obvious corruption to the Justice ministry lawyers there is nothing they can do about it. This is the result of corruption which just breeds mistrust and division in Thai society.

Then there is the xenophobia exhibited everywhere which is plain racism. The Thais know they cannot compete on any level and so protect themselves with every tool they have. Unfortunately they cannot or do not want to see that the problem us their own egotistical attitude. What the country needs is foreign investment, foreign education and foreign vocational training.

They already make repatriation of profits nigh impossible and I am sure it grates on them to allow foreign hedge funds that fund their entire industrial base to keep any profits yet real use that without allowing it Thailand would be broke and have no industry at all.

While the THEM AND US mentality pervades Thailand will never reach its potential and its people will suffer at the hands of the corrupt.

[soalbundy]

Cooperation has a sinister ring to it here, it reeks of brown envelopes.

[Srikcir]

The best thing for the Thai private sector is to allow 100% foreign ownership that will bring in a flood of capital, professional business practices and technology that will raise the nation's economic viability and boost sustainability.

If foreign ownership is limited to enterprises that for example exceed USD 100 million in capital, foreign investment and technology will trickle down to Thai SME's. Those SME's then can become competitive with ASEAN SME's and begin an economic foundation with a global marketplace.

Of cousre, Thailand would need to have a stable and predictable political regime to foster such an environment. And that doesn't seem to be a primary feature of the current administration.