A lot of foreign retirees who have gone through all the paper works to facilitate their settling down, attest that Thailand is one of the most affordable and interesting places in the world to consider as second home. Thailand is an exotic option and as such offers many interesting things for people to want to [...]
GNP or Gross National Product measures the market value of all products and services produced during a certain period of time by labor and property supplied by the residents of a country. Gross National Product (GNP) is equivalent to the Gross Domestic Product (GDP) when reduced by income earned within the domestic economy by overseas [...]
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’s export growth in the first half of the year is pegged at less than one percent (0.95%) year on year. This prompted the Commerce Ministry to downgrade their target for export growth by up to 6.5% from the previous target of 7% to 7.5%. According to the ministry, the downgrade was a result of [...]
Thailand’s economy continues to show some strong and positive indications of growth. And Thailand is aggressively taking advantage of the economic situation and lining up development and investment projects in an attempt to lure more foreign investors into the country. And to support that, Thailand has passed a Public-Private Partnership or PPP law to foster [...]
Recent news about holidaymakers being mugged or robbed and even killed in Thailand have sent an alarming bell to the international community, for fear of safety of the thousands of foreigners who visit Thailand; as tourists to spend their holidays and vacations. Leaders of countries like Australia, the United States and the United Kingdom and [...]
The current scenario in Thailand these days is enough to give economists something to be excited about. Consider these: Young middle-class working sector fills the shopping malls in downtown Bangkok. Just outside some of the shopping malls, the city is building infrastructure to solve the city’s traffic nightmare which is made worse by more cars [...]
After reaching the doors of the Philippine Senate, and the strong pressure from the domestic hog and poultry raisers, the Board of Investment (BOI) is now considering reducing the tax incentives earlier approved and granted to Thai-owned Charoen Pokphand Foods Philippines Corporation (CPFPC) from six years to four years. This was disclosed by outgoing DTI [...]
No one can argue that in terms of internet market, Thailand is one of Southeast Asia’s fastest developing and one of the most promising at that. About 25 million Thais are online and experts are projecting the figure to reach 40 to 50 million by 2015. Thailand has this addiction to social media – Bangkok [...]
Bangkok in Thailand is no longer new to international acclaim. Thailand has been on many occasions hailed, in the international scene, as popular for its world-class beach resorts and holiday destinations. Recently, Bangkok is labeled as the world’s most-photographed location on Instagram and it is now the world’s most visited city according to the third [...]
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