During the eight months between October 2014 and June 20115 Thailand hosted 38,584 Americans who were there to attend business meetings and conventions. That influx of business-related tourism added $108 million to Thailand’s economy. Now the Thailand Convention and Exhibition Bureau (TCEB) wants to add to this flow of revenue through a new marketing campaign… Continue Reading
Lack of progress on reaching an agreement with Canada on new guidelines for agricultural trade has frustrated the US to the point that negotiators are considering moving ahead without Canada. One observer explained that Canada is not moving forward to find a way to lower its barriers to agricultural trade in the context of creating… Continue Reading
In the wake of the senseless massacre of nine African Americans in their historic church in South Carolina last week, Governor Nikki Haley has said that she will ask that the Confederate flag be removed from flying over from the capital. Other southern states, which have been flying the flag, a symbol of racism and… Continue Reading
After about ten years of changing energy flows from the US as the world’s biggest importer towards China taking the lead, April was the month China it finally happened. According to Chinese customs data the Asian giant reached an historic high of overseas oil purchases of $7.4 million barrels a day. US imports in April… Continue Reading
Emerging from talks in a New York hotel, US Secretary of State John Kerry, Defense Secretary Ashton Carter, Japanese Foreign Minister Fumio Kishida, and Defense Minister Gen Nakatani announced revised guidelines for Japanese-US military cooperation, bringing the two countries closer together than ever before as defense partners. The new rules agreed upon call for the… Continue Reading
South Korean auto maker Hyundai Motors has announced its plans to enter the commercial auto market in Europe and the United States. The move is based on the prediction that car sales are on the rise in these markets. When the US and European consumers can expect to see Hyundai in their regions has yet… Continue Reading
Last week diplomats from the US and Cuba met for the first time to discuss the way forward after Obama and Castro began the process of defrosting relations between the two countries. Business between the capitalist USA and the communist island to the south east of the US has been in a mummified state for… Continue Reading
Despite being mostly out of the debilitating recession of recent years and also being the strongest economy in the world, the United States still can’t seem to get its act together when it comes to making life easier and more productive for businessmen and entrepreneurs. At least that is what Forbes Magazine’s list of Ten… Continue Reading
The continuing decline in the price of oil is bringing the value of the Canadian dollar down with it, as a barrel of oil plummeted to below $60 last week. The price of oil has not been this low since 2009, while the loonie has not reached this price in 5 and a half years.… Continue Reading
On October 17, 2014 the American and Ceylon Chambers of Commerce joined with the Ministry of Industry and Commerce to co-host a US-Sri Lanka Business Forum. The event took place in parallel with the 11th Trade and Investment Framework Agreement, known as TIFA, joint council meeting. Two business leaders, Anura Siriwardena, the Secretary from the… Continue Reading