Foreign companies still have trust in Thailand

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harmonyudon
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Foreign companies still have trust in Thailand

Post by harmonyudon » February 4, 2013, 12:35 pm

Perhaps too long in Isaan I had some negative association with the country. Despite the increase of the minimum wages foreign companies still have trust in Thailand, Thai workers etc....

Hereunder some examples:
"Thanks to the growing demand from satisfied customers, Nissan Motor Thailand has reached a new milestone," said NMT president Takayuki Kimura. "Business in Thailand has been growing at a steady yet astonishing pace - especially last year - making it the best year for the automotive industry. Nissan is one of the key brands contributing to this success. In reaching this milestone it truly shows the great results we have achieved.

"Making a further commitment to Thailand, Nissan announced last year that it's investing Bt11 billion more for our second plant on Bang Na Trad Road, Km 22, Samut Prakarn. It will initially produce 75,000 vehicles per year starting in August 2014, and this number will increase to 150,000 per year after full production is achieved," he said.

http://www.nationmultimedia.com/busines ... 99083.html
Mazda Motor Corporation will construct a transmission plant with an annual production capacity of approximately 400,000 units in Chon Buri with an investment of 26 billion yen (8.47 billion baht).

Mazda decided to establish the plant to respond to increasing demand for models featuring its ''SkyActiv technology'' and to strengthen its global production footprint, said a company statement. Operations at the new plant will commence in the first half of the fiscal year ending in March 2016.

The new plant will be located five kilometres north of Mazda's joint venture production facility, AutoAlliance (Thailand) Co (AAT), and will supply SkyActiv drive automatic transmissions.

http://www.bangkokpost.com/business/mar ... -chon-buri
FedEx Trade Networks, a subsidiary of FedEx Corporation, yesterday announced that it would open its first office in Thailand to serve growing demand for freight forwarding for both local and international clients, especially after the establishment of the Asean Economic Community in 2015.

http://www.nationmultimedia.com/busines ... 98972.html
Western Digital Corporation, one of the largest global hard-disk drive maker, sets sights on expanding its business in Thailand with an investment worth US$200 million or about Bt6 billion.
http://www.nationmultimedia.com/busines ... 98857.html
Anyone ever stuck in Bangkok traffic is probably thrilled that Thai car sales are set to fall steeply this year but, perhaps surprisingly, car executives are still bullish on the country.

Why? Not because they think they can convince locals to keep buying cars for their slow commutes but because the country, despite devastating floods in 2011, is still an attractive manufacturing base for exports to the rest of the fast-growing Asean region.

In 2012, domestic vehicle sales spiked as a result of a flagship government policy to subsidise first-time car buyers. Over 1.4m vehicles were sold, up 80 per cent on the year before. But with the end of the subsidy, 2013 is looking less bright for vendors, as Toyota confirmed on Monday when it projected Thailand would see a 16 per cent fall in industry-wide sales.
http://blogs.ft.com/beyond-brics/2013/0 ... l-rolling/


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wiking
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Foreign companies still have trust in Thailand

Post by wiking » February 4, 2013, 1:21 pm

nothing wrong in Isaan but maybee you was going around with the wrong people ???????

the wage rise was not big in Bangkok and Chonburi - only in Isaan

but Isaan is booming - look all the construction going around

TJ
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Foreign companies still have trust in Thailand

Post by TJ » February 4, 2013, 4:57 pm

Perhaps the recent decline in friendliness between China and Japan has benefited Thailand through increased Japanese investment in Thailand. Hopefully this is so.

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Astana
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Foreign companies still have trust in Thailand

Post by Astana » February 4, 2013, 8:02 pm

I think that Japan has a long standing view that Thailand is a good source of qualified cheap labour.

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harmonyudon
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Foreign companies still have trust in Thailand

Post by harmonyudon » February 4, 2013, 11:02 pm

wiking wrote:nothing wrong in Isaan but maybee you was going around with the wrong people ???????


Nothing to do with "going around with wrong people" @wiking.

This forum amongst others contain many (complaint) posts about Thai workers or (sub)contractors in Isaan, especially for construction and interior work. I am wondering how more qualified and efficient the workers outside Isaan are? To set up a huge factory you need many workers. Also I had bad experiences with car and motorbike mechanics, even when they are working for the official dealers. And when I see how the workers of electric companies in Udon work, then I have my doubts about their quality.

AND,

in the past 5 years I had about 300 staff, come and go. Most of them I would sack within few days in NL.....hehehe
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weedwacker
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Foreign companies still have trust in Thailand

Post by weedwacker » February 4, 2013, 11:17 pm

George your a low life, plan and simple

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harmonyudon
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Foreign companies still have trust in Thailand

Post by harmonyudon » February 4, 2013, 11:58 pm

weedwacker wrote:George your a low life, plan and simple
Don't know what you mean with this low class remark of yours. I tried to explain my first sentence of my OP. Maybe a former hotel manager was right: good workers do not stay in isaan.
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