Word: thai
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Dates: during 1970-1979
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Associate Editor Mayo Mohs brought similar journalistic dedication to this week's story on the beer industry (see ECONOMY & BUSINESS). A beer connoisseur since college days, Mohs has savored on his travels such exotic brews as Red China's official Tsingtao and a Thai beer called Singhe, which is reputedly one of the world's most potent. Mohs' selfless research continued during a recent weekend trip to the White Mountains of New Hampshire. There he sampled several Northeastern small-brewery beers, savoring each bouquet as if it were a Château Mouton-Rothschild. Unfortunately...
...China, as other members of the Association of Southeast Asian Nations (ASEAN) line up to secure their own embassies in Peking. Malaysia recognized Peking last year, and Thailand's Foreign Minister, Chartichai Choonhavan, who is scheduled to visit the Chinese capital later this month, has announced that Sino-Thai relations will be established by September. The Thai move has been enthusiastically supported by Singapore's toughly realistic Prime Minister Lee Kuan Yew, not out of love for China but from the feeling that good relations between Peking and Bangkok will enhance the stability of the entire region...
...them more carefully. As a result of the reappraisal and the worldwide recession, total U.S. investment in Asia is expected to slow down. The country that will be affected most is Thailand, where Communist-backed insurgents have already become more aggressive. Some investors there are also dismayed by the Thai government's insistence on reducing the American military presence in order to appease Communist neighbors, a situation aggravated by last week's events off the coast of Cambodia...
...Thailand, American companies have more than $120 million invested, largely in rubber tires, textiles and electronics. Preparing to journey for a firsthand look at the Asian situation, National Semiconductor Corp. President Charles Sporck last week termed his company's Thai assembly plant "a source of concern." He added that despite Thai government assurances that the plant is secure, "to tell you the honest truth, I'm not so sure." In the first quarter of 1975, applications to invest in Thailand from U.S. and other firms fell more than 50% below a year ago. Says Mitsuo Unabara, a Japanese...
What they have seen thus far can hardly be reassuring. Although the Thai economy remains strong, stepped-up guerrilla attacks have forced a shutdown of operations by three U.S.-Thai mining companies, an Italian construction concern and an American oil firm. Last week a group of bankers in New York to discuss a new Thai oil-drilling venture had their meeting interrupted by the news that U.S. Air Force planes had sunk Cambodian ships. They adjourned to await further news...