As in other country’s airline carriers, passengers have certain and specific rights against the airline in the event of flight delays, cancelled flights, or other similar cases, not caused by the passenger. In Thailand, there are common areas of concern where passenger’s rights ought to be honored by the Thai Airline Carrier.Read More
As in most parts of the world, the rich are getting richer in Southeast Asia. This is what has been found out through the newest report from private wealth intelligence firm called Wealth-X and the Swiss-based bank UBS. Despite the shrinking net worth of individuals in emerging markets like China and Brazil, the wealth...Read More
In general, any foreign national who desires to enter the Kingdom of Thailand is required to obtain a visa according to the purpose of their stay in the country. However, there are specific countries whose citizens are allowed to stay in Thailand for a specific number of days without having to obtain a visa of...Read More
Thailand was one of the countries included on the money laundering list of the Financial Action Task Force or FATF in February 2012 as the country failed to prove that it had adequate steps in place against money laundering and terrorist financing. The FATF is an intergovernmental body tasked to monitor money laundering and terrorism...Read More
The Philippines’ Board of Investment (BOI) is currently in hot waters amid a controversial generous tax privilege granted by the Board to a Thai agribusiness company called Charoen Pokphand (CP) in 2012. Said tax holidays, as found out by local livestock-industry players, would have an aggregate value of P567 million. And this does not include...Read More
The Ministry of Commerce of the Department of Business Development has issued the Order of Office of the Company Limited and Partnership Registration 205/2555. The order states that entities planning to set up a partnership or a company limited in Thailand must submit certified bank statements declaring the financial standing of all Thai partners or...Read More
