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Australian Business Uses Cheap Thai Labor - Economics

Oz firms use cheap Thai labor. Businesses betray this country by moving offshore. It is amazing what they will say to justify such "job robbing" behavior. Executives even lie to themselves and never admit that the move is only to make more profit.   Aus Business Uses Cheap Thai Labor disease A case in point is the company Fibre King. This is a family business. Pat Boland, the joint managing director, says that the culture of Thailand is the reason to shift production there. This is absolute rot!                      cheap labor true instructive Interesting story love moral amorous short stories nice inspirational.   He is going to fly in engineers to oversee Thai factory workers. No doubt, the Thai employees will be treated like slaves as their low wages dictate. The company will use the tried and proven colonial ste system. Design and sales will be retained in Australia. This is 25 per cent of the w...

EU-Thailand Free Trade Agreement Is Pointless

Negotiation between Thailand and the EU for a Free Trade Agreement in isolation from other Asian countries seems odd to say the least. What possible gain could there be for the EU? Yes, Thailand could flood the EU with cheap products thus helping European consumers, but the EU needs more jobs now to lift their economies out of recession. It seems counter-productive. Another thing is Thailand will have to abide by EU rules which are very draconian and arbitrary in some respects. The EU is a bureaucracy out of control. Microsoft had to pay millions of dollars in compensation for not pushing rival search engines enough. This really doesn't make sense, with Google shipping its Chrome only Android. Thailand allows cheap generic drugs to be sold to its citizens. If it wins a Free Trade Agreement this will have to end as medications fall under the umbrella of EU intellectual property rights. Paying more for drugs will reverse all the gains made in Thailand's health system. ...