The top 5% of companies by revenue account for 85% of Thailand’s business sector revenue, while medium-sized companies have been restricted in funding accessibility and small firms have low productivity, according to the Bank of Thailand’s think tank. Revenue concentration of these large companies has lingered for more than 10 years, said Archawa Paweenawat, principal […]
Read MorePETALING JAYA: The path towards Industry Revolution 4.0 (IR4.0) is not confined to just technology and digital transformation. A vital component of what lies in the future are the people – the way they work, where they work and how they are driving change with technology. Ken Holdings Bhd hospitality and arts deputy director Yvonne Tan […]
Read MoreRENTS for non-landed private homes slipped in October from the previous month, while those for HDB flats edged up, although they were both higher than a year ago. Overall condo rents declined 0.2 per cent from September, but rose 4.2 per cent year on year. However, they are still 16.9 per cent below their peak […]
Read MoreAiming to disrupt the thriving local ride-hailing market with a new business model, Belarus-based Onde recently announced its intention to enter Cambodia. In an interview with Khmer Times, a representative of the startup said they provide the software entrepreneurs need to run their own taxi company. Onde’s software is already used by more than 200 […]
Read MoreThe Myanmar President’s Office, on October 2, issued a notification providing a strong legal framework that requires the disclosure of beneficial owners of companies involved in the extractive sector. Notification No. 104/2019 confirms the mandate of the Beneficial Ownership Task Force to make decisions regarding ownership disclosures and empowers the Directorate of Investment and Company Administration […]
Read MoreThe committee also suggested a revision of regulation on expats in the Labor Code, including the required amount of capital contribution in local enterprise so that foreigners are waived of working permit; regulations stipulating a working permit is required for issuance of professional certificate or certificate in certain fields such as treatment, education, construction, tourism, […]
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Thailand
