In Thailand, the Financial Institution Act BE 2551 (2008) regulates the banking practices. This act defines a commercial bank and sets out the type of businesses a bank is allowed to undertake. The law’s coverage includes commercial banks for small businesses and banks which are subsidiaries or branches of a foreign commercial bank. Traditionally, the [...]
Thailand, being Asia’s top tourist destination, offers a world-class tourist industry at affordable prices by Asian standards, and at very cheap process, if using Western countries standards. Thailand has therefore been a magnet for property investors who want to take advantage of this tourism edge that the country has over its neighboring countries. And while [...]
By Investopedia definition: “A fund invested primarily in bonds and other debt instruments. The exact type of debt the fund invests in will depend on its focus, but investments may include government, corporate, municipal and convertible bonds, along with other debt securities like mortgage-backed securities.” People usually think of bonds as safe investments but there [...]
Your reliable partner in Audit, Finance and Tax Advisory, and Accounting Services in Phuket, Thailand.
Our dynamic and expert team of Thai and Western financial specialists are providing personalized attention to all the accounting needs of your business.