Space Industry and Business News
TRADE WARS
New Thai PM meets Musk, US tech chiefs in investment push
New Thai PM meets Musk, US tech chiefs in investment push
by AFP Staff Writers
Bangkok (AFP) Sept 22, 2023

Thailand's new prime minister has met Tesla boss Elon Musk and executives from other US tech and investment firms including Google and Microsoft as he seeks to boost the country's flagging economy.

Srettha Thavisin, a former property mogul who took office last month, has pledged to pep up the kingdom's financial fortunes, which were hit hard by the halt to tourism during the pandemic.

He met Musk on the sidelines of the UN General Assembly in New York, where he stressed Thailand's commitment to sustainable development goals.

"We had a good conversation on @Tesla , @spaceX , and @starlink technology," Srettha posted on X, formerly Twitter, early Friday.

"We look forward to further discussions."

Thailand is one of Southeast Asia's leading car producers, and is looking to transition production to electric vehicles.

Traditionally much of the output has been dominated by Japanese manufacturers, but Chinese EV makers are moving in.

Srettha also posted photos from meetings with Google and Microsoft executives, and the CEO of investment house BlackRock, Larry Fink.

"The meeting aimed at possible investment in Thailand, in particular in support of clean energy-related enterprises' investment expansion and production in Thailand," Srettha wrote of his encounter with Fink.

Forecasts for Thai growth for this year range from 2.5-3.5 percent, but Srettha is aiming to boost this to five percent in the coming years after a period of stagnation during nearly a decade of military-backed government.

His tech exec charm offensive comes as other countries in the region look to cash in on US investments in clean technology -- and Washington's desire to diversify away from overdependence on China for key components and resources.

Last week Vietnam signed a deal with Washington that included agreements on rare earth minerals and superconductors, aimed at helping the communist state step up its role in the high-tech supply chain.

pdw/dan

X

Tesla

Related Links
Global Trade News

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TRADE WARS
China appeals WTO ruling over its retaliatory tariffs on US imports
Geneva (AFP) Sept 19, 2023
China has appealed a World Trade Organization ruling faulting it over tariffs it has imposed on billions worth of US imports in retaliation for Washington's steel and aluminium duties. The chair of WTO's Dispute Settlement Body informed diplomats Tuesday that China had notified its decision to appeal a ruling last month by a panel of experts finding its extra tariffs violated international trade rules, a Geneva-based trade official said. In its report circulated to member states on August 16, th ... read more

TRADE WARS
Every Gram Counts: SCHOTT Launches Lightweight Microelectronic Packages for Aerospace

Gold and mercury, not books, for Venezuela's child miners

Recycling plastic not enough, warns UN environment chief

AWS ties up with ISRO and IN-SPACe to advance India's space capabilities with cloud technologies

TRADE WARS
Picogrid releases smallest AI-Enabled Command Station deployable in minutes

PLD SPACE signs a MOU with WISeKey to launch ultra-secure satellites with MIURA 5

Space Force awards Viasat contract for Proliferated Low Earth Orbit Satellite Services

Solstar Space awarded Space Force contract for Deke Space Communicator

TRADE WARS
TRADE WARS
Galileo becomes faster for every user

Present and future of satellite navigation

New Galileo station goes on duty

Potential earthquake precursor discovered through GPS measurements

TRADE WARS
Duke Field breaks ground on first electric aircraft charging station

US finds debris from missing F-35

U.S. military calls on public to help find stealth fighter jet lost in South Carolina

Ukrainian pilots test Swedish Gripen jets: government

TRADE WARS
Canceling noise to improve quantum devices

Five things to know about British chip champion Arm

SoftBank supremo eyes rare success with Arm IPO

TSMC plans $100 million investment in Arm IPO: board

TRADE WARS
NASA-built greenhouse gas detector moves closer to launch

SynMax announces acquisition of Gas Vista in energy and maritime intelligence push

Spire Global selected by Estuaire to monitor and reduce aviation emissions

Showcase your climate data visualisation talent with ESA

TRADE WARS
Pope sounds alarm on 'ecological catastrophe' at UN sidelines

Philippines activists freed after alleged military abduction

UK designer rejects 'fast fashion' to protect planet

Sweden to abolish tax on plastic bags in 2024

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.