BANGKOK: Despite making several complaints to housing management over the years, a man in Thailand has had to live with the disturbance caused by a neighbour's noisy dog kept in a condominium with a no-pets policy.
The momentum generated by government policies aimed at stabilising foreign investment, combined with the rapid growth of green and artificial intelligence-driven economies, will deliver strong tailwinds for foreign companies in China this year, said foreign business executives.
Marelli Holdings Co Ltd, a Saitama, Japan-headquartered multinational automotive parts manufacturer with more than 50 manufacturing facilities across the world, will expand its engineering team from 800 to 1,000 in China over the next three years. "We are closely monitoring and assessing the situation, and are committed to minimising any impact on our operations and customers," said Slump. He added that the company is already exporting advanced products and solutions from China to other markets, including Europe, Mexico and Southeast Asia.
Susan Galbraith, executive vice-president, oncology R&D, Astra-Zeneca, said that having two of its six global strategic R&D centres in China reflects the group's confidence in China's world-class biomedical innovation ecosystem and reinforces the nation's critical role in its global R&D strategy. The action plan also supports foreign businesses to participate in China's new industrialisation, with a focus on high-tech fields. Global capital has been welcomed in service sectors such as elderly care, culture and tourism, sports, healthcare, vocational education and finance.
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