Every company has its competitor — and within the automotive industry, competition is fierce. Some 14 major companies control more than 60 car brands around the world, and independent automakers like Tesla, VinFast and China’s “big four” are shaking up the industry. With new cars being developed and manufactured at rapid speed, automakers have to keep […]
Read MoreThe Eastern Economic Corridor (EEC) is the government’s flagship scheme aimed at creating jobs in three strategic provinces of eastern Thailand: Chachoengsao, Chon Buri and Rayong. The scheme is the continuation of the Eastern Seaboard Development initiated in 1982. The three provinces have been promoted as industrial zones for almost four decades. Many multinational companies […]
Read MoreSix additional projects worth a combined 85 billion baht are expected to seek the Public-Private Partnership (PPP) committee’s approval this year to proceed under the joint investment scheme. Any of the six projects that are ready for investment can be proposed to the PPP committee without waiting for a new government to form, said Prapas Kong-Ied, director-general […]
Read MoreBusiness registrations continued to increase in March, boosted by the government’s tourism promotion scheme and greater investment in the government’s flagship Eastern Economic Corridor (EEC). Poonpong Naiyanapakorn, deputy director-general of the Business Development Department, said new business registrations rose by 2% year-on-year in March to 6,876. The top three sectors for new business registration in March […]
Read MoreIN OPEN markets, the “market price” is determined by external market forces as contracting parties aim to protect their best interests. Common management control, however, hinders market forces from operating fully when related companies deal with each other. The price between related companies, the so-called “transfer price”, tends to deviate from the market price for […]
Read MoreEnergy policymakers are planning to restructure power tariffs for many power-generating resources to handle disruptive technologies in the sector. The restructuring will apply to solar, biogas and petroleum gas generated from independent power suppliers (IPS). The Energy Regulatory Commission has been told to study the restructuring plan and a new committee has been set up, […]
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Thailand
