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  • BUSINESS

    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.

  • BUSINESS

    Kerry named top company for transportation, logistics

    Business, Published on 25/05/2022

    » Thailand's leading parcel courier Kerry Express received an award at Thailand top company awards 2022 for best transportation and logistics company.

  • BUSINESS

    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.

  • BUSINESS

    Silver lining in the debt deluge

    Business, Somruedi Banchongduang, Published on 19/02/2022

    » Sukhumvit Asset Management Company (SAM) is optimistic non-performing loans (NPLs) in the hotel and tourism-related sectors can be contained as some investors are keen to extend fresh funding for properties with potential in preparation for the medical tourism trend when travel ramps back up again.

  • BUSINESS

    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.

  • BUSINESS

    AIS works on luring Thai tech workers

    Business, Komsan Tortermvasana, Published on 29/09/2020

    » Advanced Info Service (AIS), the country's biggest mobile operator by subscribers, says it aims to become the most attractive IT and telecom company for Thais the next couple of years, attracting tech talent to help move the country forward in the digital era.

  • BUSINESS

    Money trail points to bribery in mine dispute

    News, Post Reporters, Published on 29/08/2020

    » An inquiry panel looking into kickback allegations involving an Australia-based gold mining firm and Thai state officials has found documents that might prove the company had paid bribes to the officials, according to graftbuster Supa Piyajitti.

  • BUSINESS

    Team player

    Asia focus, Nareerat Wiriyapong, Published on 27/07/2020

    » Anyone who has ever exchanged business cards with Vivek Dhawan will be puzzled by one of the positions he holds at Mega LifeSciences Plc. Beside the word CEO is the title of "Chief Coach". The latter is equally important to the people who work with Mr Dhawan at the company he has led since 1986.

  • BUSINESS

    MINT wrestles with liquidity and capital

    Business, Dusida Worrachaddejchai, Published on 04/06/2020

    » SET-listed Minor International (MINT) is delaying new investment in all business units and shifting focus to cash management after the global health crisis forced the company to minimise cash outflow and come up with the biggest capital-raising plan in its history.

  • BUSINESS

    Big C confirms Tesco interest

    Business, Pitsinee Jitpleecheep, Published on 17/01/2020

    » The top boss of Big C Supercenter has acknowledged that the company is keen to acquire Tesco's Asia business and has submitted its intent to bid.

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