Business
International Financial Reporting Standards (IFRS) seminar for Japanese firms
PricewaterhouseCoopers Thailand will conduct a free seminar – “Transition to International Financial Reporting Standards (IFRS) in Japan and how Japanese subsidiaries are getting ready for them” – on Wednesday.
Kenji Tezuka, assurance director of Pricewaterhouse Coopers Aarata, Japan, will share current information about IFRS adoption in Japan based on the knowledge and direct experience he has gained from consulting on the implementation and adoption of IFRS in that country.
Atsushi Uozumi, partner of Pricewaterhouse Coopers Thailand, will present on the implementation and adoption of IFRS in Thailand, covering the differences between Thai accounting standards and IFRS, the impact of IFRS adoption and the preparedness of Japanese subsidiaries in Thailand to implement IFRS in the near future.
The session at the Plaza Athenee Hotel will be conducted in Japanese.
CEVA consolidates key service areas
CEVA Logistics, one of the world's leading supply-chain companies, has launched its newly consolidated Charter and On Board Courier services around the globe.
via IFRS seminar for Japanese firms.
Business
Thailand Approves Latest Economic Relief Package for Businesses
Some 250 billion baht (US$8 billion) was allocated for soft loans while the remaining 100 billion baht (US$3.2 billion) will go towards an ‘asset warehousing’ program whereby debtors can use their assets as loan collateral but will have the right to redeem their assets under a specific time frame.
On March 23, 2021, Thailand’s government approved its latest economic relief package, valued at 350 billion baht (US$11.2 billion), to support businesses in the country.
Business
Thailand BOI approves Biotech Projects Worth 2.4 Bln Baht ($78 million)
The biotechnology sector is part of the so-called BCG model (Bio, Circular and Green economy) which the Thai government has set as a priority to lead the post-Covid 19 recovery.
The Thailand Board of Investment (BOI) said today it has recently approved new projects in the field of advanced biotechnology, worth a combined 2.4 billion baht (around USD78 million) in investment, reflecting the increased interest of local and foreign investors in the country’s biotech sector.
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.
Thai fruit exports to FTA markets up 107 percent
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Digital Revolution and Repression in Myanmar and Thailand
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Will Thailand’s plan for quarantine-free tourism set a global trend?
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Thailand Approves Latest Economic Relief Package for Businesses
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