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International Financial Reporting Standards (IFRS) seminar for Japanese firms

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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.

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via IFRS seminar for Japanese firms.

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Large Shopping Malls in Bangkok Will Be Closed until July 25th

Shopping malls under the Mall Group, including all branches of The Mall, the Emporium, Emquartier and Paragon Department Store, are also closed for 14 days, from today, except for supermarkets, food courts, pharmacy shops, eateries (take-out and delivery only), banks, mobile phone shops and vaccination sites.

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BANGKOK (NNT) – Large-scale shopping malls in Bangkok and in some dark-red zone provinces are now closed for two weeks, to comply with the latest COVID-19 curbs in 10 provinces.

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Downside risks loom for Thai economy due to Prolonged COVID-19 Outbreak

The most important issue for the Thai economy at present would be the procurement and distribution of appropriate vaccines adequately and timely.

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The Bank of Thailand (BoT) has revealed that Thailand’s economy faces significant downside risks, because a prolonged COVID-19 outbreak could cause the economy to underperform the baseline projection, squeezing business liquidity and slowing employment.

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