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Japanese PM to Visit Thailand next Week

Japanese Prime Minister Shinzo Abe’s first trip abroad since his election will be to Southeast Asia, despite his desire to make the United States his first destination.

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Visiting Thai premier Yingluck Shinawatra on Wednesday and her Japanese counterpart Yoshihiko Noda jointly attended the full plenary of the bilateral meeting of Thai and Japanese delegates. The two leaders then held a joint news conference.

Japanese Prime Minister Shinzo Abe’s first trip abroad since his election will be to Southeast Asia, despite his desire to make the United States his first destination.

Abe will visit Thailand, Vietnam and Indonesia later this month, according to reports in the Japanese media.

According to Japanese newspaper Asahi Shimbun, he had to put off a U.S. visit because of “scheduling difficulties” with U.S. President Barack Obama.

Thailand's Board of Investment (BOI) has launched a roadshow campaign, starting in Japan, to boost foreign investors' confidence along with promoting the country's tourism image.

Thailand’s Board of Investment (BOI) has launched a roadshow campaign in 2012, starting in Japan, to boost foreign investors’ confidence along with promoting the country’s tourism image.

“While I want to go to the United States as soon as possible and hold a summit to strengthen the Japan-U.S. alliance, I’ve broadened the scope of my schedule, partly because of the circumstances [on the U.S. side],” Abe told reporters in Tokyo Tuesday.

A U.S. visit could come in February, according to reports.

“What’s really important here is that, in contrast to his previous administration, he’s decided not to visit China,” said Mireya Solis, a senior fellow at the Brookings Institute and associate professor at American University focusing on Japan studies.

via Japanese PM to Visit Southeast Asia First.

During 2012 Japan remained the top investor in Thailand with 474 projects registered by the BOI worth Bt210.8 billion, an increase of 120 per cent from Bt.97.3 billion last year. This is in line with the previous survey by the Japanese Chamber of Commerce predicting that total Japanese investment value in the first half of this year would exceed Bt100 billion.

Japan Remains Top Investor in Thailand

Most of the approved investment applications submitted by Japanese investors were in BOI-targeted industries such as automotive and auto parts, metal products, electronics and electrical appliances, food, plastic products, and R&D. For example, large Japanese companies making investment this year are Nippon Steel Galvanizing (Thailand) Co.; Panasonic Manufacturing (Thailand) Co.; Funai (Thailand) Co., Ltd.; NEC Tokin Electronics (Thailand) Co., Ltd; Toshiba Semiconductor (Thailand) Co., Ltd.; Ajinomoto Frozen Foods (Thailand) Co.; and JSR BST Elastomer Co., Ltd.

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Economics

BoI allows private sector in border logistics center

National News Bureau of Thailand

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NAKHON PHANOM (NNT) – The Thailand Board of Investment (BoI) has agreed to allow the private sector getting involved in the construction of a border logistics and transport center in Nakhon Phanom province.

Transport Minister Saksayam Chidchob said the BoI approved in principle providing incentives to the private sector concerning this center.

The incentives will be offered in relation to an inland container depot project, a distribution center project and a project to construct buildings for industrial plants and warehouses.

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Economics

Thailand Post joins Prompt Song app to buy supplies at market for restaurants

National News Bureau of Thailand

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BANGKOK (NNT) – Thailand Post Distribution Co., Ltd. has joined with the Prompt Song application to buy supplies at a market for restaurants via the online system, which is another option for vendors during the COVID-19 situation.

Mr. Pheera Udomkitsakul, Managing Director of Thailand Post Distribution Co., Ltd, said that the delivery service through online ordering is another service operated by Thailand Post via the e-Marketplace Platform in the form of the Prompt Song application.

Thailand Post will pick up products from the manufacturer or distributor and store them at a temperature controlled warehouse. The area is divided by a modern system. The vehicle tracking system is managed using a bar code to ensure that the products are delivered to the service’s users on time. The delivery times ate 3-8 a.m. The service is being piloted in Bangkok and its vicinity.

This will solve a problem for restaurant operators who can’t buy ingredients for cooking or market closures due to the COVID-19 situation as the application allows the vendors to wait in front of the restaurant.

Mr. Pheera said that a good and comprehensive logistics system will play a very important role in helping operators reduce problems and costs, systematization and distribution and reduce the risk of product defects. It saves time in product distribution, resulting in smooth and efficient trading.

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China

Mainland China is in no position to take Taiwan by force

Unlike his predecessors, Chinese President Xi Jinping has demonstrated greater intensity in the desire for reunification.

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The situation across the Taiwan Strait has seemed to be on the brink of crisis since 2018. Beijing has sent numerous sorties of military aircraft to conduct exercises near Taiwan and frequently crossed the median line of the Taiwan Strait.

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