Indonesian Powerhouse Go-Jek Enters Thailand’s Competitive Food Delivery Scene

February 28, 2019

Indonesian ride-hailing giant Go-Jek has officially entered Thailand’s ultracompetitive and burgeoning food delivery scene. In order to gain a foothold in its fellow southeast Asian country, Go-Jek partnered with local ride-hailer and motorbike delivery service Get. Go-Jek was unwilling to provide specific details on who their main funders were, but according to Thailand business attorneys, […]

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500 Chinese Companies Eyeing Thailand to Skirt Ongoing Trade War with US

August 27, 2018

Over 500 Chinese companies made their way to Thailand last weekend in order to forge bilateral contracts that would pave the way for new Chinese manufacturing sites in the Southeast Asian country. The move comes as a mutually beneficial economic deal for both countries. On the one hand, Thailand will be able to link its […]

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Thai King Now Owns Largest Share of Thailand’s Biggest Industrial Conglomerate

August 23, 2018

Thailand’s King Maha Vajiralongkorn is now the largest shareholder of Siam Cement Group Pcl, the country’s fourth most valuable company, according to the Stock Exchange of Thailand. The King’s holds a 33.3% share of the giant industrial supplies and construction company, which amounts to over $5 billion. In June, the Crown Property Bureau (CPB), which manages […]

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Germany to Relax Immigration Laws In Order to Meet Skilled Workers Shortage

August 22, 2018

In order to fill its massive skilled labor gaps, the German cabinet is considering a proposal that would make it much easier for workers outside of the European Union to migrate and work in Germany, according to Reuters. The idea comes as a major surprise when you consider that anti-immigration sentiment is widespread in the […]

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Thai Authorities Charge 156 Employers Under Migrant Worker Laws

August 6, 2018

During the first two weeks of July, Thai police charged 156 employers with violating the country’s migrant worker laws. The increased crackdown comes in the wake of a move by the Thai government to document all migrant workers in the country by the end of June. After the June 30th deadline, the Thai government formed […]

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Myanmar Passes New Legislation in Hopes of Attracting Thai Investors

July 23, 2018

Myanmar recently passed a new companies law in the hopes that it will attract increased investment from Thai businesses in the coming years. The legislation comes after massive drops in investments from Thailand into the Burmese economy in recent years. Burmese officials point out that the revamped companies law will replace the century-old replaced legislation […]

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Japan’s First Ever Plea Bargain Reached in Thailand Bribery Case

July 16, 2018

          A Japanese firm agreed to a plea deal after allegedly bribing public officials in Thailand, in what is the country’s first ever plea bargain since introducing the new system last month. Japanese government investigators alleged that Mitsubishi Hitachi Power Systems Ltd. (MHPS) violated the Unfair Competition Prevention Law by bribing […]

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Thai Government Courting Chinese Investors for $51 Billion Development Project

July 16, 2018

          The ruling Thai military government is courting Chinese investors to help fund a $51 billion infrastructure and economic development plan for the country’s eastern seaboard. The so-called Eastern Economic Corridor project would use Chinese funds to introduce technologically advanced industries to the region, from biotech and robotics to aircraft maintenance, […]

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Ecuador’s High Court Upholds $9.5 Billion in Damages Against Chevron

July 11, 2018

Ecuador’s top court stood by a ruling on Tuesday that levied $9.5 billion in damages against the massive multinational oil company Chevron, for its decades of pollution that harmed both the environment and indigenous Ecuadorians. It was a token ruling, though, as Chevron no longer has pulled all of its assets and business out of […]

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Thailand Considering New Tax on Online Foreign Companies

June 27, 2018

                Thailand’s government will examine a new law that would require all foreign businesses with no physical presence in the country to report all their transactions to their government to determine if they should pay value-added tax (VAT), which currently stands at 7%. As of now, foreign companies […]

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