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 […]
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 […]
Before any shareholder could have voting rights, he or she must be a shareholder of a company. Here are ways to become a shareholder or stakeholder of a company in The Kingdom of Thailand. Under the Public Limited Companies Act BE 2535 (1992), Section 36 states that, “The election of directors shall be in accordance […]
Thailand’s economy is driven by foreign investment and the export industry. This means that the Thai government allows foreign companies to set up and operate in Thailand subject to the Thai laws on business or investment. Foreign Business Act is the main Thai law in defining foreign ownership. Most foreign investors will set up their […]
When corporations or companies are formed and created, the ownership of the individuals or persons who have contributed or invested a certain amount of money to the company, is measured by stocks. Common Stock Common stock is ownership in a company very similar to the stocks that people are so used to trading. Companies sell […]
Corporate Social Responsibility or CSR is a widely accepted business practice across the globe arising from the urgent need to protect the environment and the need to take active involvement in social issues. Rather than just relying on efforts done by few organizations or groups with such advocacies, the corporations are enjoined to […]
Thailand suffered tremendously from the floods that ravaged the country in late 2011. But the people’s resilience and the government’s relentless efforts in inviting foreign investors to the country has somehow helped the country rise up from such devastation. In fact, the Thai economy has enjoyed healthy growth following the flood crisis. Additionally, the government […]
Thailand with its impressive economic growth despite the economic downturn being experienced by other countries around the globe, is again set to add another milestone to their unparalleled efforts in making the country politically strong, economically stable and industry-wise. In its latest promotion strategy, the country is on its way to becoming a knowledge-based economy, […]
The continuous economic development and growth of Thailand may be attributed to the government’s aggressive campaign to invite foreign investment in the country, and in the presence of an efficient workforce, workable business infrastructure and a strong support from the government. And like other industrial countries, Thailand employs different forms of corporate structures that have […]
It is not surprising at all to hear about many westerners who have been to Phuket, Thailand for a holiday, to like or love the place and the beach, the weather and the Thai ladies, that they keep returning to the Kingdom until they entertain the thought of maybe starting a micro business in Phuket, […]
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.