th01
Read More

Thailand: Kerry targets M&A for regional sourcing

Kerry Ingredients, an Irish manufacturer of food and drinks, is seeking merger and acquisition (M&A) deals to expand its business in Thailand.  “As we believe there is opportunity for growth in this industry, the parent company’s strategy is aimed at new M&A deals to keep operations within economies of scale across Southeast Asia,” said Paul Potter, […]

Read More
CLMVT FORUM
Read More

CLMVT Countries Promote Trade and Investment

(KPL) CLMVT countries have continued to promote trade and investment through technology. The statement was made at the CLMVT Forum 2018 under theme “CLMVT Taking -Off Through Technology” held in Bangkok, Thailand on Aug 16, 2018. The forum aims to drive seamless connectivity in all dimensions throughout value chain between the CLMVT countries (Cambodia, Laos, […]

Read More
th02
Read More

Thailand: UTCC survey finds corruption ebbing

Thailand’s corruption situation improved in the first half of the year, thanks in part to the government taking serious action with respect to the temple funds embezzlement scandal and irregularities in an embezzlement-hit welfare fund intended to help poor students.  According to the biannual survey by the University of the Thai Chamber of Commerce (UTCC), the […]

Read More
th01
Read More

Thai banks ‘prepared’ amid warning of global ATM attack

COMMERCIAL banks in Thailand have boosted security to prevent unauthorised access to their automatic teller machines as cybercriminals are reportedly planning to carry out a large-scale global ATM attack. According to The Star newspaper, the United States’ Federal Bureau of Investigation (FBI) has received an “unspecified report” that a global attack on ATMs could happen […]

Read More
logo
Read More

Thailand: Land tax law’s date uncertain

The Finance Ministry says it will push the draft bill on the land and buildings tax for lawmaker approval during the Prayut Chan-o-cha government, but the law’s enforcement may be delayed from the scheduled start at the beginning of 2019.  Whether or not the law’s enforcement will be pushed back will depend on the readiness of […]

Read More
logo
Read More

Thai central bank plays it cool while emerging markets worry about Turkey

BANGKOK: While Turkey is stoking the heat at emerging-market central banks already pressured by global monetary-policy tightening, Thailand is playing it cool. Countries such as Indonesia and India were already raising interest rates as their currencies weakened, even before Turkey’s travails fanned talk of contagion. Thailand, in contrast, is proving more resilient, aided by flush […]

Read More