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    Exercising control over a Thai company

    Business, Published on 17/12/2018

    » The private limited company is still a relatively new concept in Thailand; the earliest laws dealing with companies were only passed in 1900, and one of the first corporations in Thailand, Siam Commercial Bank, was only formally established in 1906. Prior to this, businesses were usually organised as family partnerships that lacked any formal legal personality.


    Superrich digitising with fintech company

    Business, Somruedi Banchongduang, Published on 27/02/2017

    » Superrich International Exchange (1965) Co, a leading local money changer, is dipping its toe into the burgeoning financial technology (fintech) sector. It is looking to set up a new company to digitise its services, a move that could disrupt the traditional foreign exchange business.


    Dam victims deserve 'non-spin' response

    News, Published on 01/08/2018

    » The breaching and subsequent flooding of the Xe-Pian Xe-Namnoy Power Company dam in southern Laos is clearly a disaster. Some 27 people have already been confirmed dead (at the time of writing), while a further 100 remain missing. Numerous villages have been affected by the deluge, with some seemingly beyond recovery.


    Company man

    Asia focus, Published on 19/03/2018

    » Shinsotsu-ikkatsu-saiyo, the tradition of simultaneous recruitment and employment of new graduates by companies, has long been unique to Japan and South Korea, before the latter abolished the practice in 2010. But in the world's third largest economy it is so embedded in the culture, who's to say it's not working for the country and its people?

  • NEWS

    Korean company invests in Mandalay bus line

    Published on 21/05/2015

    » A South Korean company is to link up with local businesses to start up a bus line in downtown Mandalay.


    Building a company that lasts

    Life, Usnisa Sukhsvasti, Published on 22/02/2018

    » The United Nations Sustainable Development Goals (SDGs) are not merely a global agenda or war cry for sustainable development that is being taken up by governments around the world. To move forward towards global prosperity, there has to be a balance and interaction between economic and social health. As such, business corporations have an equal responsibility and, increasingly, a need, to incorporate sustainable practices into their operations and management systems. It is not just a public-relations exercise, but a factor that will give them an edge, and also provide for long-term growth in a world where business no longer caters simply to a small circle of "customers" or "shareholders", but the wider target of "stakeholders".


    Closing a company, retirement funds and investment costs

    Business, Published on 18/08/2014

    » nnn I had an export company promoted by Thailand's Board of Investment and due to an increase in labour wages I had no choice but to shut it down. I went through all the processes with BoI and everything went smoothly. Later I completed the process of officially closing the company with the Business Development Department as required by law. I have submitted documents to the Revenue Department informing them of the company's closure. I was told they may audit some documents. Once that is through, I am not sure as to how long I am required to keep the old documents such as invoices, customs entries, payment details and bank transfers etc. Please advise.


    B2S serves the masses with mini-truck sales

    Business, Pitsinee Jitpleecheep, Published on 16/11/2018

    » B2S Co, a retailer of books and stationery under Central Group, may expand its mini-truck service next year to reach more customers, especially students, nationwide.


    Use your illusion

    Life, Suwitcha Chaiyong, Published on 27/11/2018

    » Most of the images on Hollywood screens, whether they be everyday or fanciful, look incredibly real. It's getting harder to tell which effects are practical and which are computer-generated.


    Police station mess not our fault, says company

    Terry Fredrickson, Published on 22/02/2013

    » The chairman of the contracting firm involved in the police stations construction scandal yesterday blamed the Royal Thai Police Office (RTPO) for his company's failure to complete its work.

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