The number of new companies registering in the Eastern Economic Corridor (EEC) from January to August this year rose 2.03 per cent year on year to 4,976, according to the director-general of the Department of Business Development, Vuttikrai Leewiraphan. Their total registered capital was Bt17.462 billion, up 38.05 per cent year on year. The top […]
Read MoreEnergy Minister Sontirat Sontijirawong on Sunday welcomed a decision by US energy company Chevron to continue negotiations rather than seek arbitration to resolve a dispute over who should pay for removing offshore oil and gas platforms. Thailand wants Chevron to pay the full decommissioning costs, estimated by a local newspaper at around $2.5 billion, for […]
Read MoreCHONBURI, Thailand: When trade war tariffs jolted Chinese tyre-maker Prinx Chengshan into speeding up foreign investment plans, the company wound up in Thailand, thanks to that country’s relentless courtship. With an initial investment of $300 million, the company is now racing to build a factory to export tyres to the United States next year, based […]
Read MoreMANILA, Philippines — Farmers will now slowly benefit from the liberalization of the rice industry as the government released P2.46 billion as part of the tariffication fund, according to the Department of Agriculture. The DA said the Rice Competitiveness Enhancement Fund (RCEF) is in the process of releasing P2.462 billion for two of its component […]
Read MoreThe Hanoitimes – Infrastructure is a big challenge for Vietnam, especially at its ports. Despite having interests in Vietnam thanks to the country’s low-cost labor and fast-growing market, many foreign firms have been hesitant to do business in the country due to major concerns about the country’s limited infrastructure. According to Amanda Rasmussen, chief operating […]
Read MoreThe functional drink market expects a big boost after the cabinet last Tuesday approved lowering the excise tax on functional products, effective from Oct 1. Anak Lapsuksatit, chief financial officer of Sappe, the marketer of Sappe Beauti functional drinks, said the lower excise tax rate on functional drink products — from 14% to 10% — […]
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Thailand
