Thailand ‘salesman’ PM says kingdom ‘open for business,’ sees huge potential in KSA

Thailand ‘salesman’ PM says kingdom ‘open for business,’ sees huge potential in KSA
Prime Minister Srettha Thavisin (L) speaks with Arab News Editor-in-Chief Faisal J. Abbas in Bangkok’s Chinatown on February 10, 2024. (AN photo by Abdulrahman Fahad bin Shulhub)
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Updated 11 February 2024
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Thailand ‘salesman’ PM says kingdom ‘open for business,’ sees huge potential in KSA

Thailand ‘salesman’ PM says kingdom ‘open for business,’ sees huge potential in KSA
  • Srettha Thavisin says it is his job to travel and 'sell' Thailand to the world
  • Praises Saudi reforms, notes opportunities to expand ties

BANGKOK: Nothing is perhaps more symbolic of the delicate balance Thailand manages between East and West than the Thai prime minister proposing that Arab News interviews him at the local Starbucks, in Chinatown, on the day of Chinese New Year — a major celebration.

But then again Srettha Thavisin is not your typical politician. Before becoming prime minister, he was a successful businessman who is known to run his schedule like a Swiss clock. In fact, he immediately ignites the conversation by saying that his job is to “sell Thailand,” something he says did not happen in the past, but now — nearly six months into the job — the property tycoon-turned-politician says his top priority is to travel and tell the world that his country is open for business.
“People don’t know the business scene in Thailand because, for the last nine, ten years, Thailand hasn’t been going out to sell Thailand. But since taking over the office (in August last year), the top, top priority for me is to travel and tell the world that Thailand is open for business,” he said.

“Whether it’s for investment, whether it’s for trade, whether people exchange like tourism, like education, technical assistance.”

This is no exaggeration (or you can say because the proof is in the pudding, or should I say, rice pudding), Srettha came to the meeting in a red T-shirt, the traditional color for Chinese New Year. As we walked out of the American coffee house into the bustling China Town, he was swarmed by tourists and locals alike, some Chinese, some Europeans and many Thai people. A Danish family left feeling very happy having managed to take an unexpected selfie with the kingdom’s prime minister.

Srettha jokes as he refers to a local tradition saying that you must not work on Chinese New Year. But he jokes: “People say that if you work on Chinese New Year, you have to work hard all year. But I’ve been working. (And) every year, when I take a New Year’s Day off, I still have to work hard every day.”

When asked how Thailand manages to balance its East and West ties, particularly as China (its second-biggest trade partner and which has an ethnic component and cultural influence) does not get along with the US (Bangkok’s top trade partner and which also cooperates on security), he says: “Of course, because we are a neutral country. We’re not in conflict with anyone here. You see Eastern Europeans, you see Russians and you see the Chinese, you see the Indians, you see Japanese, you see the Koreans, you see Europeans, you see Americans.

“Because (of the way) our diplomatic standing is, we are not part of the conflict. We believe in lasting peace and common prosperity.”
 




Thai PM Srettha Thavisin was part of the ASEAN delegation in the meeting of Gulf Cooperation Council (GCC) and Association of Southeast Asian Nations leaders in Riyadh last October. For PM Srettha, his top priority is to travel and tell the world that his country is open for business.
(SPA photo)

Highlighting the advantages of investing in his country, Srettha said attracting skilled expatriate workers requires the provision of good amenities.

“It’s very important for the business people,” he said. “For example, good international schools. Expatriates, like yourself, when you come, you come with families. Where do your kids go to school? You need to make sure you have excellent international schools.”

As a former businessman, he is clear-eyed on where major opportunities lie, and one country tops the list: Saudi Arabia. In fact, this interview with Arab News was originally requested to mark the second anniversary of the reestablishment of Saudi-Thai relations, which were suspended from the early 1990s until January 2022 due to a diplomatic incident.

Since the reconciliation, the relationship has seen massive improvement, with new trade, investment and people-to-people exchanges. However, Srettha says there is great potential for deeper ties, having been very impressed by what he saw during a visit to the Kingdom last October.
 




Saudi Crown Prince Mohammed bin Salman met Thailand's Prime Minister Srettha Thavisin on the sidelines of the GCC-ASEAN Summit in Riyadh on October 20, 2023. (SPA/File photo)
 

“I met with SABIC,” he said. “They want to do all the agricultural things. I met with Aramco, the world’s largest oil company. I met with the PIF, the sovereign wealth fund. I met with Crown Prince Mohammed bin Salman.

“I was stunned by the scale of what you are trying to do and by the potential of what the country has. Again, the cross-border investment that you have made throughout the world is something for the world to admire and copy.

“You don’t just have the financial might. You have the ability to read what you don’t have and try to make it secure for your country. Like, for example, food security is very important.

“The logistics, The Line (NEOM’s signature project), the Riyadh airport — your airport will be twice as big as Dubai airport in the next 10 years. I mean, that’s admirable. Just, you know, it really is.”

Noting Saudi Arabia’s environmental policies, including the Saudi Green Initiative, which has set out to plant 10 billion trees across the Kingdom over the coming years, Srettha said this is an area where Thailand can offer support — including the export of saplings for replanting.




Saudi Arabia's greening project targets growing 10 billion trees under the Saudi Green Initiative. (Supplied)

One thing Thailand exports a lot of is manpower. Thai workers are found throughout the world across many sectors and are noted for their strong work ethic and friendliness. There are currently about 8,000 Thai workers in Saudi Arabia. The warming of relations means this number could quickly rise.

According to him, the recent escalation of the Israeli-Hamas conflict has badly shaken one of the most lucrative markets for skilled Thai labor, i.e. Israel. During the Hamas-led attack on southern Israel on Oct. 7 last year, about 1,200 people were killed, including at least 39 Thai nationals. The militants took some 240 hostage, including 32 Thai workers.

So far, 23 of them have been released in a separate hostage deal between Thailand and Hamas, mediated by third parties. Srettha wants the remaining hostages to be freed.

“Are we part of the conflict? We’re not part of the conflict. All we want is peace and common prosperity. All we want is safety for our people. All we want is the release of the remaining eight hostages. To this point, we still don’t know whether they are alive,” he said.

“Are we to be blamed? No. We went in there to help grow the economy. They’re not spies. They were in the field.”
 




Thailand's Prime Minister Srettha Thavisin is seen on a display monitor as he speaks to the Thai nationals released by their Hamas captors as they arrived at Bangkok's Suvarnabhumi Airport on Nov. 30, 2023. (AFP/File)

Despite the harm caused to Thai nationals in the Oct. 7 attack, Thailand has joined other nations in calling on Israel to halt its retaliatory campaign in the Gaza Strip, sticking firmly to its policy of neutrality.

“We want a ceasefire,” said Srettha. “(When I speak to world leaders, I ask them): ‘How can the conflict be ended?’

“How can we talk about green energy? How can we talk about economic development? How can you talk about trade and commerce when people are dying? I mean, that’s just not right. It’s just not right.”

And this is not the only regional conflict where Thai workers have found themselves in need of extraction. When the crisis erupted in Sudan on April 15 last year, Saudi Arabia opened its airspace to allow the Royal Thai Airforce  to evacuate its citizens from the war-torn East African country.

“We’re grateful for that,” said Srettha.
 




In this photo taken on March 3, 2022, Saudi officials welcome Thai pilgrims who arrived in Jeddah’s King Abdulaziz International Airport on board the first Saudia plane to fly directly from Thailand to Saudi Arabia after a three-decade hiatus. (X: @HajMinistry)

Around 5 percent of Thailand’s population is Muslim. Every year, thousands of Thai nationals travel to Saudi Arabia to perform the Hajj pilgrimage. This continued even during the long years of severed ties between the two countries.

“There were many, many millions of people going over to Makkah,” said Srettha.

Thai Muslims who spoke to Arab News say they would like the government to increase the quota of pilgrims permitted to travel to Saudi Arabia for the pilgrimage and the number of flights on offer.

“I am not aware that they don’t have enough quotas. Obviously, they have their flights already there. Being a government that comes from the people, we need to listen to what people need,” he said.




Prime Minister Srettha received a gift of dates from Arab News Editor-in-Chief Faisal J. Abbas after an interview at a Starbucks in Bangkok’s Chinatown on Saturday, Chinese New Year. (AN photo by Abdulrahman Fahad bin Shulhub)

The Muslim-majority southern provinces of Thailand have seen decades of unrest. As a result, Srettha says his government is working to bolster the local economy of the south to encourage stability.

“If you have been following Thailand for a long time, in the deep south there has been a problem, about the three or four provinces of the deep south, there has been some trouble lately,” he said.

“I would like to see more people that live in a rural area get more income from agricultural products.”

Srettha says he wants citizens to enjoy more personal freedoms and greater prosperity.

“Generally, the well-being of the people,” he said. “More money in the pocket. Free your heart to do what they want, be who they want to be.”

 


Macron seeks remedy to France’s political crisis

Macron seeks remedy to France’s political crisis
Updated 05 December 2024
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Macron seeks remedy to France’s political crisis

Macron seeks remedy to France’s political crisis

PARIS: French President Emmanuel Macron on Thursday will seek ways out of France’s political crisis, after Michel Barnier became the first prime minister to be ousted by parliament in over six decades.
Lawmakers voted on Wednesday to oust Barnier’s government after just three months in office, approving a no-confidence motion proposed by the hard left but which crucially was backed by the far right headed by Marine Le Pen.
Barnier’s record-quick ejection comes after snap parliamentary elections this summer, which resulted in a hung parliament with no party having an overall majority and the far right holding the key to the government’s survival.
Macron now has the unenviable task of picking a viable successor with over two years of his presidential term left, with some — though not all — opponents calling on him to resign.
Barnier is due to present Macron his government’s resignation on Thursday morning.
The president will then address the nation at 1900 GMT, the Elysee said.
The no-confidence motion, brought by the hard left in the National Assembly, came amid a standoff over next year’s austerity budget, after the prime minister on Monday forced through a social security financing bill without a vote.
With the support of the far right, a majority of 331 MPs in the 577-member chamber voted to oust the government.
It was the first successful no-confidence vote since a defeat for Georges Pompidou’s government in 1962, when Charles de Gaulle was president.
“We are now calling on Macron to go,” Mathilde Panot, head of the parliamentary faction of the hard-left France Unbowed (LFI) party, told reporters, urging “early presidential elections” to solve the deepening political crisis.
But taking care not to crow over the government’s fall, Le Pen said in a television interview that her party — once a new premier is appointed — “would let them work” and help create a “budget that is acceptable for everyone.”
Laurent Wauquiez, the head of right-wing deputies in parliament, said the far right and hard left bore the responsibility for a no-confidence vote that will “plunge the country into instability.”
Candidates for the post of premier are few, but loyalist Defense Minister Sebastien Lecornu and Macron’s centrist ally Francois Bayrou are possible contenders.
On the left, Macron could turn to former Socialist premier and interior minister Bernard Cazeneuve, a contender in September.
Barnier was the fifth prime minister to serve under Macron since he came to power in 2017, with every premier serving a successively shorter period.
Given the turbulence, the new nominee now risks serving an even shorter term than Barnier, whose tenure was the shortest of any administration since the Fifth Republic began in 1958.
Macron is minded to appoint the new premier rapidly, several sources told AFP.
A source close to Macron said the president, who has taken time with appointments in the past, has “no choice” but to name the new premier within 24 hours.
Macron has rejected calls to resign.
With markets nervous and France bracing for public-sector strikes against the threat of cutbacks, action that will shut schools and hit air and rail traffic, there is a growing sense of crisis.
The unions have called for civil servants, including teachers and air-traffic controllers, to strike on Thursday over separate cost-cutting measures.
Meanwhile, Macron is due to host a major international event Saturday, with the reopening of the Notre-Dame cathedral after the 2019 fire, with guests including Donald Trump on his first foreign trip since he was elected to be the next US president.
“His failure,” was left-wing daily Liberation’s front-page headline, with a picture of Macron, whose term runs until 2027.
In an editorial, Le Monde said Le Pen’s move risked upsetting her own supporters, such as retirees and business leaders, by toppling the government.
“In the space of a few minutes, she shattered the strategy of normalization she had consistently pursued,” the daily said.


Top US, Russian generals spoke by phone amid tensions

Top US, Russian generals spoke by phone amid tensions
Updated 35 min 12 sec ago
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Top US, Russian generals spoke by phone amid tensions

Top US, Russian generals spoke by phone amid tensions

WASHINGTON: The top US military officer, Air Force General C.Q. Brown, spoke by phone with Russia’s Chief of General Staff Valery Gerasimov last week, the US military said on Wednesday, the first time Brown spoke with his Russian counterpart.
“The leaders discussed a number of global and regional security issues to include the ongoing conflict in Ukraine,” a spokesperson for Brown said in a statement.
The rare call took place on Nov. 27, but “at the request of Gen. Gerasimov, Gen. Brown agreed to not proactively announce the call.” The request for the call was made by the Russian ministry of defense, the spokesperson said.
Brown became the top US general last year, and Gerasimov last spoke with Brown’s predecessor, Mark Milley.
Tensions have spiked in recent weeks. Ukraine fired US and British missiles at targets inside Russia despite Moscow’s warnings that it would see such action as a major escalation.
Earlier this month, Russian President Vladimir Putin, in a televised address, said Moscow struck a Ukrainian military facility with a new medium-range, hypersonic ballistic missile known as “Oreshnik” (the hazel) and warned that more could follow.
US officials had said Russia notified Washington shortly before its strike.


UN children’s agency sets $9.9 bn fundraising goal for 2025

UN children’s agency sets $9.9 bn fundraising goal for 2025
Updated 05 December 2024
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UN children’s agency sets $9.9 bn fundraising goal for 2025

UN children’s agency sets $9.9 bn fundraising goal for 2025

UNITED NATIONS: The UN children’s agency on Wednesday launched a $9.9 billion fundraising appeal to provide aid next year for millions of young people impacted by wars and other crises across the globe.
“The scale of children’s humanitarian needs is at a historically high level, with more children impacted every day,” Catherine Russell, UNICEF executive director, said in a statement.
The money will target 109 million children and will support access to primary health care facilities, mental health services, drinking water and education, malnutrition screening and gender-based violence mitigation.
“Looking ahead to 2025, we estimate that 213 million children in 146 countries and territories will need humanitarian assistance over the course of the year — a staggeringly high number,” Russell added.
UNICEF’s appeal comes at a time when humanitarian operations face a chronic funding crisis.
Last year, the agency appealed for $9.3 billion in its fundraising call.
The largest appeal for funds — at over $1 billion — is for Afghanistan, followed by Sudan, the Democratic Republic of Congo, the Palestinian territories, and Lebanon.


Afghan economy faces ‘uncertain’ future despite modest growth: World Bank

Afghan economy faces ‘uncertain’ future despite modest growth: World Bank
Updated 05 December 2024
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Afghan economy faces ‘uncertain’ future despite modest growth: World Bank

Afghan economy faces ‘uncertain’ future despite modest growth: World Bank
  • The economy’s challenges include “fiscal constraints, trade imbalances, and a limited capacity for public investment,” the bank said in its Afghanistan Development Update

WASHINGTON: Afghanistan’s economy continues to face significant challenges despite showing signs of modest growth, the World Bank warned on Wednesday, with the future “uncertain.”
The economy’s challenges include “fiscal constraints, trade imbalances, and a limited capacity for public investment,” the bank said in its Afghanistan Development Update.
Critical factors for long-term recovery include enabling women’s participation in the economy, maintaining price stability and dealing with key deficits in human capital — such as education and health care, the multilateral development lender said.
While Afghanistan has seen GDP growth of 2.7 percent, driven by private consumption, this has “recouped only about 10 percent of past economic losses,” the World Bank said.
Afghanistan has been ruled by the Taliban since 2021, when their forces capitalized on the withdrawal of the US military under a peace deal to overthrow the country’s government.
The Taliban’s government has not been officially recognized by any country, and the economy remains largely isolated, with many Afghans living under the poverty line.
“Afghanistan’s long-term growth prospects depend on tapping into the substantial potential of the domestic private sector and improving the overall business environment,” said World Bank country director for Afghanistan Faris Hadad-Zervos.
The economy requires more investment, access to finance for small businesses, and support for skilled women entrepreneurs, Hadad-Zervos added.
Women and girls have been barred from secondary school and university as part of restrictions imposed by the Taliban that the UN has dubbed “gender apartheid.”
The World Bank noted that partial economic recovery, alongside falling food prices, has contributed to a gradual improvement in household welfare.
But it said many Afghan households still struggle to meet basic needs and that “poverty remains widespread.”
Trade is another challenge with a widening deficit due to surging imports on the back of greater demand for foreign goods and a revival of domestic industry.
“The trade deficit, exacerbated by Afghanistan’s reliance on imports for essential goods like fuel, food, and machinery, might pose a risk to the country’s economic stability,” the World Bank said.


Under pressure, UK’s Starmer sets out plans to deliver on election pledges

Under pressure, UK’s Starmer sets out plans to deliver on election pledges
Updated 05 December 2024
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Under pressure, UK’s Starmer sets out plans to deliver on election pledges

Under pressure, UK’s Starmer sets out plans to deliver on election pledges

LONDON: Prime Minister Keir Starmer will set out plans on Thursday to deliver on his priorities to raise living standards and rebuild Britain in a speech he hopes will draw a line under what even some of his supporters say has been a bumpy start to government.
Five months since his Labour Party swept back to power with a landslide win, Starmer wants to turn the page on criticism of his government on everything from its use of campaign donations to a tax-raising budget which prompted an outcry from businesses and farmers.
He will use Thursday’s speech to plot out when Britain can expect to start seeing progress his government has promised in a range of areas, including hospital backlogs, increasing police numbers, improving education and securing home-grown energy.
Called the government’s ‘plan for change’, he is expected to set out a reform program for Britain’s overly stretched public services to try to restore trust in politics, eroded by years of chaos and scandal under the Conservatives and further deepened by Labour’s missteps in its first few months in power.
“My government was elected to deliver change, and today marks the next step. People are tired of being promised the world, but short-term sticking plaster politics letting them down,” Starmer will say, according to excerpts of his speech provided by his office.
“My mission-led government will deliver.”
Labour campaigned before the July 4 election on five missions — boosting economic growth, accelerating steps toward reaching net zero, reducing waiting times in the state-run health service, tackling crime and improving education.
His first measures on Thursday will include a move to give communities a named, contactable police officer to deal with local issues, his office said, part of a pledge to add a further 13,000 police in neighborhood roles.
“This marks a return to the founding principles of British policing — where officers are part of the communities they serve,” interior minister Yvette Cooper said in a statement.
“Through this visible, responsive police presence in every neighborhood, we will restore the trust and partnership that lies at the heart of keeping our communities safe.”