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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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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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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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Thailand: Consumer faith hits two-year high

Consumer confidence rose for a fourth straight month in March to the highest level in two years, driven by improving exports, higher prices for crops and commodities, and growing tourism. The University of the Thai Chamber of Commerce (UTCC) reported yesterday that the consumer confidence index rose to 76.8 points last month from 75.8 in […]

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Philippines opens up banking to Malaysia, Thailand

MACTAN ISLAND, Cebu, Philippines  – The Philippines firmed up yesterday agreements with Malaysia and Thailand to open up the banking industry, aimed at greater financial integration and economic development among members of the Association of Southeast Asian Nations (ASEAN). Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. led yesterday the signing of the Declaration of […]

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