Thailand: The Battle Over the 400 Baht Minimum Wage
BANGKOK – In the heart of Southeast Asia, Thailand finds itself at a crossroads of economic policy and social welfare, as the government’s proposal to raise the minimum wage to 400 baht per day has sparked a nationwide debate. This … Continue reading Thailand: The Battle Over the 400 Baht Minimum Wage
Vietnam: New Paths in Sustainable Agriculture with Denmark
HANOI – In a landmark move for international cooperation, Denmark’s Minister for Food, Agriculture, and Fisheries, Jacob Jensen, led a pivotal visit to Vietnam from May 14 to 16, marking a significant step forward in the two nations’ commitment to … Continue reading Vietnam: New Paths in Sustainable Agriculture with Denmark
China is no longer Germany’s largest trading partner
BERLIN/BEIJING – In a notable development in international trade, China has lost its status as Germany’s largest trading partner, now falling to second place behind the United States. This shift is reflected in the figures for the first quarter of … Continue reading China is no longer Germany’s largest trading partner
BASF plans to shift business from Germany to China
MANNHEIM – In a remarkable turn of events, BASF, Europe’s largest chemical company, has announced a strategic realignment of its business activities, which includes a gradual closure of its production sites in Germany and a shift of investments to China. … Continue reading BASF plans to shift business from Germany to China
USA and Europe: AI effects twelve million jobs by 2030
NEW YORK – A recent study by the McKinsey Global Institute (MGI) predicts a remarkable development in the working world: millions of workers may be forced to seek new employment opportunities as artificial intelligence (AI) increasingly becomes capable of automating … Continue reading USA and Europe: AI effects twelve million jobs by 2030