June 7, 1994 |
Somchai Kokratae, a day laborer at Bangkok's main port, wonders when or whether Thailand's growing prosperity will begin to trickle down. Kokratae lives in one of the slums that surround the city, and each dawn he seeks work at the Klong Toey wharves. When there is work, he is paid up to $4 an hour, enough for Kokratae and his wife to subsist if no medical emergencies arise. Kokratae, 37, helps load Thailand's export goods onto ships from other parts of Asia, Europe and the United States.
September 11, 1994 |
Few places on Earth have been described in such rich statistical detail. But then, the Pacific Rim is an idea in search of a definition, and it needs something tangible to glue it together. That's why anyone with a stomach for numbers can discover the growth rate of its aggregate GNP, the output in megawatts of its new power plants or the purchasing power of its emerging middle class. Memorize some of this minutia and you're a Pacific Rim expert.
June 7, 1994 |
Every day 100,000 messages--all delivered within five minutes--flow through a single telecommunications network here that handles transactions worth $147 billion, an amount larger than the gross national product of Denmark. Yet this is not a national system. It is the network of a single company--Mitsui & Co.--linking 11,000 employees in more than 200 offices in 88 countries.
CALIFORNIA | LOCAL
September 3, 1995 |
A group of Pacific Rim business leaders has issued a "road map" to free trade and secure investment that calls for exempting business travelers from visa requirements, putting investment protections into law and creating ombudsmen to smooth over trade problems. The recommendations come from Pacific Business Forum, created two years ago to advise the Asia Pacific Economic Cooperation, a group of 18 Pacific nations from Canada to Australia.
May 29, 1995 |
The Pacific Business Forum, a group of business people advising the Asia-Pacific Economic Cooperation forum, stressed a need to "get things done" at the end of a two-day meeting Saturday. "We're a group of business people and we want to see things happen," Les McCraw, a forum co-chairman and chairman of Irvine-based Fluor Corp., told a news conference.
July 18, 1995 |
Japan's trade surplus shrank in the first half of 1995, but its politically sensitive trade gap with the United States continued to grow, the government reported Monday. However, the June surplus with the United States slipped to $4.19 billion from $4.74 billion a year earlier. The Finance Ministry said Monday that the nation's overall customs-cleared trade surplus fell nearly 4% to $57.42 billion in the January-to-June period from $59.77 billion in the same period a year earlier.