Since the implementation of the Foreign Business Act of 1999, foreign businesses set up in a range of industries in Thailand must have a Thai majority shareholder. One line of business that is exempt from this is import/export trading. This exemption, along with developed infrastructure and a solid legal framework, have made Thailand a hub […]
Read MoreCustoms-cleared exports surged in November thanks to higher demand from major markets, an encouraging sign for the trade-dependent economy. Exports for the month jumped 10.2% year on year, Commerce Ministry data showed on Monday, compared with the median forecast for a 1.55% rise in a Reuters poll and October’s 4.2% drop. The percentage gain was […]
Read MoreSantiphab Sangkasi Lao Co., Ltd, a leading producer and distributor of galvanized iron sheeting, plans to build a new factory to ensure the future growth of its business. President of Santiphab Sangkasi Lao Co., Ltd. Mr Sangkhom Chansouk gave an interview to KPL News on Wednesday saying that the new factory will sit on five […]
Read MoreAsean will be more competitive once the Asean Economic Community (AEC) is a reality, going by a new regionwide poll. Businesses will do better, work opportunities will grow and lives will improve, according to the survey, which was conducted by The Straits Times and covered the 10 Asean nations. Many respondents expect to travel a […]
Read MoreWith the Christmas season and year-end fast approaching, annual issues surrounding 13thmonth pay and Christmas bonuses in the Philippines raise their head once again. One key topic that often prompts questions is the distinction between 13th month pay and Christmas bonuses, also known as a year-end bonuses, and the tax rules surrounding them. Though the […]
Read MoreMobile phone users in Cambodia, Laos and Vietnam – the so-called CLV countries – will not have to pay roaming charges if they make calls through Viettel’s network, a cell-phone group owned by Vietnam’s military. “Subscribers of Viettel in Vietnam, Unitel in Laos and Metfone in Cambodia can make phone calls to each other at […]
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