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Thailand Economy
ASEAN Internal Market
As mentioned in our previous article, the Association of Southeast Asian Nations, or ASEAN, is currently working on coming up ways to establish an “internal market” between its members. If this internal market comes to being, it comes with many advantages to be shared between the member nations of the association.
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International Companies in Thailand
Thailand is an investor-friendly country. The passing of the Foreign Business Act now makes it possible for international companies to set up their operations in Thai jurisdiction, and even receives incentives for investing into the local economy. The Act does have restrictions, i.e. what sectors a foreign-owned company can compete with local companies and the rules...
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Rising Economies of Asia
The Asia-Pacific region is becoming a pivotal area in world affairs, particularly in economics. In previous decades, European nations and the United States dominated the world stage when it came to economic growth immediately after the conclusion of the Second World War. Now, 70 years later, it’s Asia’s turn to shine. In Bloomberg’s recently published...
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Free Trade Agreement
In this age of international trading, it is common to see nations negotiating and entering into free trade agreements with other countries. These agreements, called FTAs, are intended to facilitate higher quality of inter-country trading between the participants across various sectors and industries in their jurisdictions.
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Business in Thailand
As the year 2015 begins, investors scout for countries where they can have opportunities to set up a business and succeed. The year 2015 also marks the implementation of AEC 2015 (ASEAN Economic Community) which will also signal the beginning of regional integration for the ten members of Association of Southeast Asian Nations (ASEAN) –...
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Thailand Economic Role
Thailand is one of the fastest developing countries in Southeast Asia. It is preferred by businessman and retirees from Europe, particularly the UK, as an investment hub. Despite drastic changes in political leadership in the past decade, Thailand’s economy remains stable and is, in fact, still growing.
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