THAILAND has strong potential to succeed in developing an electric vehicle (EV) industry as one of the country’s new growth sectors due to its existing position in the global automotive market, according to Dick Hsieh, president of Delta Electronics (Thailand).
Asean Now: Weekly Wrap highlights the latest news of the week in the region. Assailants nabbed, Kuala Lumpur, Malaysia; Earthquake strikes Mindanao, Mindanao, The Philippines; Jakarta governor polls, Jakarta, Indonesia; Valentine’s Day ban, Indonesia; 600 animals born, Singapore; Murder plotter arrested, Myanmar; Erotic movie banned, L...
THE FLURRY of hotel-industry mergers and acquisitions seen in 2016, with high-profile deals such as Marriott International’s acquisition of Starwood Hotels & Resorts and HNA Tourism Group Co’s purchase of Carlson Hotels, is likely to continue this year, according to JLL.
THE Thai Life Assurance Association has projected that premium income this year will grow by 6 per cent to Bt600 billion, up from last year’s 5.7 per cent, as low interest rates encourage insurance companies to move into investment-linked products and those that target specific customer segments.
THE SUMMER of 2015 saw the climax of the Greek debt crisis when the protracted impasse between the newly elected, radical-left Greek government and its European creditors ended with a referendum of Greek voters that decisively rejected the terms of an international bailout.
RECENT CHANGES to the personal income tax regime, which are effective from tax year 2017 onwards, serve to reduce the overall tax burden on individuals and increase personal disposable income by taking into account the current cost of living and economic situation in Thailand.