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Thailand: Five services to lose protection

The Commerce Ministry plans to remove five services on List 3 of the Foreign Business Act (FBA), opening them up to free competition to facilitate trade and investment in Thailand. The five are accounting, legal, space rental, lending and consulting services. The Foreign Business subcommittee will consider reviewing the business list annexe under the FBA in […]

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Thailand: Foxconn keen on EEC

Foxconn Technology Co Ltd, a Taiwan-based global manufacturer of computers, communication devices and consumer gadgets, is eager to invest in Thailand’s Eastern Economic Corridor (EEC) project, says Deputy Prime Minister Somkid Jatusripitak. J.W. Tai, corporate executive vice-president of Hon Hai (Foxconn Technology) and chairman of Sharp Technology, met Mr Somkid Wednesday to discuss investment prospects in […]

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Thailand climbs in global rankings for cost of living

CITIES in Thailand have risen in rankings for the cost of living, with Bangkok entering the global top 100 for the first time, according to a survey by ECA International, a provider of knowledge, information and software for the management firms. Elsewhere in the region, Singapore is now the 20th most expensive location in the […]

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