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Thailand: Customs Act hope for business ranking

The government is hopeful that the new Customs Act will help improve the country’s ease of doing business ranking by the World Bank, says Kan Trakulhoon, chairman of the Pracha Rat public-private collaborative initiative. Mr Kan said the public and private sectors have worked together for a year to amend and update the Customs Act […]

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Myanmar: Capital markets essential for private sector: IFC

International Finance Corporation (IFC), a member of the World Bank Group, and the Securities and Exchange Commission of Myanmar (SECM) signed a memorandum of understanding (MoU) in March to strengthen corporate governance regulatory standards and practices in Myanmar. In its press statement, the IFC said that a better regulated market will bolster investor confidence and […]

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Thailand: New Business opportunities in Myanmar to be unveiled

Krungsri combines its fully-integrated financial expertise in Thailand with Mitsubishi UFJ Financial Group (MUFG), one of the largest international financial institutions in the world, with networks in more than 50 countries around the world, in order to support Thai entrepreneurs with a wide range of financial services and business opportunities. These include business matching activities, […]

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Philippines auto industry still second fastest growing in Asia

MANILA, Philippines – The Philippine automotive industry maintained its position as the second fastest growing market in Southeast Asia despite a slowdown in sales in February, but lost its regional leadership in terms of motorcycle sales growth. Latest data from the ASEAN Automotive Federation showed the Philippine automotive industry’s 17.4 percent growth in the first […]

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Thailand: Location factor for land tax charges

The official appraised value of land, which is used as a factor to determine land and buildings tax bills, will vary depending on property locations but that of buildings will be a flat rate across the country. This means the wealthy would be liable for a higher property tax if they live in more expensive […]

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