AUDITS by Thai Customs have long been a source of dread for importers. They were typically drawn-out affairs, usually with the threat of a very large assessment at the end of the process. Every point would be argued long and hard, with previously agreed issues resurrected to push towards a settlement. The reward structure created […]
Read MoreNew condo supply launched in Phuket this year will be the highest since 2012 with more than 6,200 units, driven by the booming tourism industry and investment from the public and private sector, according to property consultancy Colliers International Thailand. Phattarachai Taweewong, the firm’s associate director, said new Phuket condo supply and demand picked up […]
Read MoreThai brands are gaining a foothold in Malaysia’s thriving retail sector with the help of a newly established platform developed by compatriot Central Pattana (CPN). The grand opening of the 8.5-billion-baht Central i-City in Selangor last week offered Thai firms easy access to the Malaysian market, where their presence so far has been limited. Restaurant chains […]
Read MoreOil palm growers have called for cooperation from retailers to abstain from launching any sale promotions for bottled cooking palm oil, as such programmes would push down farm prices for fresh palm nuts. The growers also voiced support for the government’s policies to help shore up fresh palm nut prices. “For almost a year, the […]
Read MoreThe Royal Gazette has published the Ministry of Commerce (MOC)’s 2019 rules concerning prohibited used vehicles and other products requiring permission for importation into the Kingdom. The MOC notification states that measures governing the importing of used automobiles needed to be updated to suit the current situation. The notice comes into force 180 days after […]
Read MoreMobile banking usage has soared for every age group after digital transaction fees were scrapped a few years ago, but digital authentication, also known as electronic know-your-customer (e-KYC), is expected to open a new chapter in the online banking boom. Financial service providers that go digital face a dilemma. They are obliged to verify the identity […]
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Thailand
