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Thailand: Business registration ticks upward

New business registrations rose 3% in February, driven by the economic recovery, state stimulus measures and higher private investment. According to Banjongjitt Angsusingh, director-general of the Business Development Department, the number of new business registration totalled 5,700, with combined registered capital of 26.98 billion baht. “Higher registration came in line with the country’s economic recovery […]

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Thailand’s Kasikorn Bank Opens Headquarters in Laos

(KPL) Thailand’s Kasikorn Bank (KBank) has expanded its business operations by opening its new headquarters in Vientiane Capital. The grand opening of the Headquarters of Kasikorn Bank was held in Sisaket village in Vientiane Capital on March 13. Kasikorn Bank entered the Lao PDR at the end of 2014 and has two branches in Vientiane […]

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Thailand: Mukdahan makes its mark

Special economic zones in northeastern province and neighbouring Laos hold key to revival of interest in East-West Economic Corridor. The Mukdahan Special Economic Zone in northeastern Thailand will utilise the East-West Economic Corridor (EWEC) or R9 to connect with the Savan-Seno SEZ in a move that could revitalise the underused route. The brainchild of the […]

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Thai company to broadcast through Lao satellite

Lao Asia-Pacific Satellite Co Ltd has signed agreements with Kanboon . The signing ceremony took place yesterday in Vientiane between the deputy general manager of Lao Asia-Pacific Satellite Li Ying, and Kanboon Sompraingarm board member Taratip Koonnawutti. Kanboon Sompraingarm is one of several companies interested in the television broadcasting service offered through the Lao Sat-1 […]

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Thailand: Struggling with free trade

As Thailand continues to negotiate more free trade agreements (FTAs), local businesses often struggle to reap the rewards of lower or zero tariffs offered for shipments. The Commerce Ministry reported exporters took advantage of US$52.5 billion worth of FTA preferences and lower tariffs allowed by the Generalised System of Preferences scheme last year, a rise […]

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Exim opens Yangon office for Thai ventures

The state-owned Export-Import Bank of Thailand (Exim Thailand) will open its first overseas representative office in Yangon, Myanmar, next month to help Thai investors who are expanding into the neighbouring market. “Exim Thailand is ready to support Thai entrepreneurs who wish to expand their export markets or relocate their factories to Myanmar with a view […]

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