The Asia-Pacific (APAC) region saw a 3.9% month-on-month growth in deal activity (mergers & acquisitions, private equity and venture financing deals) from 1,126 deals to 1,170 deals in February 2021, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The COVID-19-hit 2020 remained a roller coaster ride for […]
Following the real-world experiment with remote working, it’s time for business leaders to re-examine their previous misgivings, and explore how to adopt flexible working in the long term “Remote working isn’t right for our business.” “We don’t have the technology to support people working elsewhere.” “Our employees will take advantage if they’re not in the […]
BANGKOK, March 12, 2021 – Companies listed on Market for Alternative Investment(mai) reported combined sales of THB 166.88 billion (approx. USD 5.42 billion)in 2020, down 7.2 percent from a year earlier. Their core operating profit rose 8.3 percent to THB 6.44 billion in 2020, while aggregate net profit declined63.0 percent to THB 3.37 billion due […]
Bangkok, 11 March, 2021 – The Tourism Authority of Thailand (TAT) has launched its latest in a series of TVCs, with the new one ‘Miss You’ sending out an emotional message to people around the world that Thailand cannot wait to welcome everyone back in the not-too-distant-future. The TVC, while conveying a message of how […]
Similar to foreign business laws existing in most Asian countries, Thai laws have imposed restrictions on foreign ownership of Thai companies. These restrictions are stipulated in the Foreign Business Act 1999 and specific laws governing certain sectors, e.g. the Banking Act, Insurance Act, and Land Act. In addition, some companies may choose to incorporate foreign […]
BANGKOK (NNT) – The Board of Investment (BoI) is working with related agencies to rev up promotion of the bio-, circular and green (BCG) economy to help drive growth over the next 5 years. BoI Secretary-General Duangjai Asawachintachit said the BoI is looking into more business categories for high technology as part of efforts to […]
Vietnam’s import-export turnover posted a year-on-year rise of 31 percent to reach 74.51 billion USD from the beginning of 2021 to February 16. In the reviewed period, Vietnam enjoyed a trade surplus of 2.63 billion USD, according to the Vietnam Customs. During the Tet (Lunar New Year) holiday 2021 from February 10-16, a total of 960 firms conducted import-export activities, up […]
Destinations worldwide welcomed 1 billion fewer international arrivals in 2020 than in the previous year, due to an unprecedented fall in demand and widespread travel restrictions. This compares with the 4% decline recorded during the 2009 global economic crisis. According to the latest UNWTO World Tourism Barometer, the collapse in international travel represents an estimated loss […]
