Representatives of Cambodia, Thailand and Vietnam gathered yesterday in Phnom Penh to discuss ways of improving trading procedures in Asean, particularly in agricultural goods, as part of a workshop organised by German development agency GIZ. Participants identified two priority areas to be addressed during the workshop and in future negotiations: streamlining bureaucratic procedures and harmonising […]
Read MoreKingsmen CMTI Plc, a Thai provider of design and construction services for retail and corporate interiors, will inaugurate its first office in Cambodia next month, according to a company representative. Nontwaris Jatepiyawat, director of Kingsmen in Cambodia, told Khmer Times the company has been operating in the kingdom since February, but that the official ceremony […]
Read MoreThailand must narrow its education gap and digitise its workforce in order to take full advantage of Alibaba’s planned investment, says Saovaraj Rattanakumfu, a senior researcher at the Thailand Development Research Institute (TDRI). Alibaba’s Eastern Economic Corridor (EEC) plan and digital development cooperation programme are gaining traction in the days after Jack Ma, executive chairman of […]
Read MoreTHE VAT treatment on supplies of digital goods and services continues to be an area of focus and rapid changes in many countries, affecting businesses around the world. In keeping with this trend, the Thai government is working on developing amendments to the current VAT law that will capture digital services. The second draft of […]
Read MoreTHE Ministry of Finance is holding firm against efforts for a draft bill on the regulation of digital currencies to be watered down, especially with the imposition of a 15 per cent withholding tax on transactions. The ministry said the draft bill had been passed by the Council of State and it rejected suggestions that […]
Read MoreFast-moving consumer goods (FMCG), manufacturing and banking are the big winners as Thai salaries notch upwards 5.5% on average, thanks to a shift towards digital economy. Salaries are projected to increase 5.5% in Thailand this year, with the top-paying jobs being in fintech, e-commerce, retail, manufacturing, tourism, and construction, according to the Kelly Services 2018 Thailand […]
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