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Thailand: Fee ceiling curbs motor insurance

The insurance regulator is being urged to reconsider the ceiling on brokerage commission fees for motor insurance in order to accommodate existing market conditions, as the motor insurance segment has posted losses for five straight years. Kheedhej Anansiriprapha, executive director of the Thai General Insurance Association (TGIA), said the net loss ratio for motor insurance […]

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Cambodia, Thailand ink MoU to connect capital markets

The Securities and Exchange Commission of Cambodia (SECC) and Thailand’s Securities and Exchange Commission (SEC Thailand) on Tuesday signed a memorandum of understanding (MoU) to cooperate and exchange information on cross-border equity offerings and the issuing of depository receipts with SEC Thailand. The aim of the MoU is to push for the successful implementation of […]

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Thailand: Vietnam Week at Central highlights bilateral ties

Central Group and Central Retail Vietnam have linked up with Vietnam’s Industry and Trade Ministry to host Vietnamese Week in Thailand 2019, under the theme “Taste of Vietnam”. Yesterday’s opening ceremony for the event was presided over by Vietnam’s Deputy Industry Minister Do Thang Hai, Thailand’s Commerce Minister Jurin Laksanawisit and Nguyen Hai Bang, Vietnam’s […]

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Thailand: Smuggling keeps lid on sticky rice price

Sticky rice have been smuggled into the country, but ironically it has helped curb soaring price, said Chukiat Opaswong, honorary president of the Thai Rice Exporters Association. Some merchants, he said, had smuggled 100,000 tonnes of glutinous rice into the country from Vietnam via Thailand’s neighboring countries, adding that they were then mixed with Thai […]

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Thailand: Europe trade body wants end to TM30

The European Association for Business and Commerce (EABC) has proposed an immediate end to the TM30 24-hour reporting and TM28 change-of-permanent-address immigration forms. The EABC represents the interests of the European business community in the kingdom. It submitted the request to Thai officials including Kobsak Pootrakool, deputy secretary-general for political affairs to the prime minister; […]

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