Transcripts For DW Business 20240715

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through from a market leader you expect a global presence. most of our products go to asia that's why we wanted to establish a production here. in. the new manufacturing plant is located in thailand eastern seaboard region a special economic zone spanning a total of more than thirteen thousand square kilometers the zone is particularly popular with carmakers from asia and europe and their suppliers there's quick access to thailand's biggest deep sea port but also many incentives like tax holidays or free imports of machinery. thailand has very good infrastructure and it's well versed in all the specific rules and regulations for the automobile industry. and they are running their industrial parks in an exemplary way. the eastern economic corridor expects investments of fifty billion u.s. dollars over the next five years mostly through foreign direct investments that's why whoever will govern thailand after the elections will be ill advised to rock the boat says mark he has me now from the german time chamber of commerce. has been a stable business environment for companies operating here and that's. the most crucial items. businesses and companies are looking for and that was was on the business side of a stable was given. of course looking into the future because we can't predict any kind of outcome at the moment for the elections but. we do see and i would be optimistic that thailand is sticking to. the plans and the projects and the road maps in place. vika it is also confident that as to its road map the firm plans. to produce five hundred thousand coupling units by the end of this year and hopes to triple output in twenty twenty after all smooth running is his business. for more let's bring in. joins us in bangkok thailand as we heard is holding its first election after five years of military rule what can we expect. bowl a few months back at the beginning of the election campaign everyone thought it would be pretty much a walk in the park for the military junta which ones to stay in the driver's seat here through its political vehicle long trucks rather hard to see which is basically a group of former cabinet cabinet members but. the mood has has changed and i think that's something that the military underestimated their own a lot of people who are very much fed up with the military and want to see change now the reason why in the beginning everyone had expected this walk in the park for the military was that there was never a level playing field for the other parties the military regime had made sure that there are very strict election rules that make it very hard for the other parties to campaign but even with this unfair again it doesn't look like the military regime will pull really well so we'll have to wait and see for sunday what is really clear already is that there won't be free and fair elections by western by our standards pretty much so these elections will be weighted towards the military some say even rigged. it in that report that you sent us that we've just seen we also heard that foreign investors in this report it was from germany that they hope that whoever wins sunday's election won't rock the boat what's at stake for the economy in thailand. well as we've heard in the report the major prerequisite the fundamental requirement for investors basically is stability and even though investors especially from the west probably would not say this openly but they were quite satisfied with how things went over the past five years because things were stable due to the hard grip the military had on things now there is an element of insecurity looming and that has to do with the new constitution which foresees that the new prime minister will also be voted in by two hundred fifty appointed senators now they have been selected by the military regime so there is a scenario that there will be enough votes for the military to choose the new prime minister but they will still not have enough votes in the lower house of the parliament so that might cause a deadlock this might cause further political instability and this is something that invest festers do not like it's basically poison for the economy so we'll have to wait and see how things will shape out on sunday indeed interesting times ahead there for thailand no doubt there reporting for us from bangkok thank you so much. indonesia national carrier is canceling its order for dozens of boeing seven three seven max eight digits after the model was involved in two crashes the decision is likely to spark further consolations from other carriers including from good us rival lion air back in october a seventy seven x. eight model lion and jet crashed in indonesia and this month an ethiopian airlines jet of the same model went down shortly after takeoff in both cases all people on board were killed. eight is a conflict in syria has left a trail of destruction aleppo is among the places hardest hit and with it its famous soap making industry and the civil war has since moved on and now the city's trademark industry is slowly beginning to return. soapmaking as in he shan't get bailey's blood the workshop owned by his family dates back to the eighteenth century it's in the center of aleppo's old city still marked by the ravages of the battles that raged here for years the city was once famed for the household product . and the lead. is a mess to whoever came to aleppo to visit didn't leave without buying loral so this industry is a national treasure for all the syrian people it introduced foreign currencies as we were exporting soap like saudi arabia exports oil like switzerland exports chocolate and like germany exports cars. the city used to be home to around a hundred so factories like this just twelve are in operation today many manufacturers moved to damascus during the fighting across the border into neighboring turkey according to the bailey aleppo's soap makers used to make around thirty thousand tonnes of it a year at the height of the conflict here he says that figure dropped to under a thousand tons since aleppo was retaken by the al assad government and twenty sixteen production has expanded again but it will take a long time for the traditional industry to return to what it was before the breakout of civil war in syria. the world's leading stock exchanges in new york and london could soon be playing second fiddle on the global financial state that's according to a study by pricewaterhouse coopers it says trying to and india will dominate the i.p.o. scene by twenty thirty putting wall street into third place the study goes on to say that liquidity and a stable currency dictate where a company decides to float its shares. for more let's bring in our financial correspondents and they are hanging in singapore and. starting with you andrea what's that study mean for singapore. well this means that we will see increased competition between the u.s. and china of course and that is going to spell a very robust marketplace that singapore will want to be a part off now this competition among the exchanges is going to attract new economies and most of these new economies are going to come from the tech sector and that is definitely a market that singapore will want to tap into now on that list on the same list of rankings singapore is placed seventh and that means it has successfully and slowly being grooming its position and its appeal to the tax issue was globally. it's pretty much the same question for you where does this study leave frankfurt if you don't want to already know frankfurt is losing interesting i.p.o. candidates to other stock exchanges for example nasty which has to do with the fact that american investment banks have become very active here in germany while you know our investment banks spun have different programs to cope with as our stock exchange operator here has seen a number of mergers fail remember frankfurt tried to merge with new york and with london all this failed more mergers are not very likely especially not with asian stock exchanges as regular to let regulatory problems might become very complicated corporations that's a possibility frankfurt already has a corporation with the shanghai stock exchange and if i.p.o.'s on classical equities trading is not the way to go maybe alternative ways of finance a block chain derivatives also of course private equity all these are buzzwords right now and you can hear a lot in frankfurt ok and of course the study was about twenty thirty so both singapore and frankfurt still have time to prepare and to hang in singapore cannot lose new front thank you so much. before we go twelve indian cyclists including two women set out from the western indian city of poona to bicycle one thousand five hundred kilometers to new delhi and raise awareness on gender equality the rally hopes to discuss gender violence and sexual harassment with people along the way and perhaps make women on bicycles also more acceptable. and i was did all the music business asia for you for now for me and the team here in berlin thanks for watching state news is coming up next. more them. twenty five hundred points within thirty five feet. that's her mission kamikaze day from concord in northern india she's revolutionizing access to safe sanitation in her hometown but we're going to source approachability even shall go to target people good god i would lose your. mind even if spawn g.w. . hundred soft leaves in my hands. where i come from roggio remains an important new soft transmitting to a new us and for mish and when i was young my country was drawing huge money home from. the war throbbing of people most people would cause a lot of entourage to see if. it was my job to tour in one of the not just logical sites so as not everyone in the town called and listened to those updates. nothing has been from incident my unknown codea in jonathan morris on the wrong even if it's not by us i was it's written for me it was. my choice to discard because given their way toward transmitted for the troops. my name is an aggression homage and i will. eat up the. earth a home for saving google into those tell stories of creative people and to kind of aid of projects around the world ideas to protect the climate and boost green energy solutions like global oil do has been done in the series of global three goals and on d w and on mine. european union. leaders. pushing one last time for the. next week. as new zealand.

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