It is easy to think that the presence of global trading markets is a recent phenomenon. After all, it is now far easier than ever before to buy and sell commodities across the world.
Yet, people have been selling things from one country to another throughout history. So with this in mind, how does the trading relationship between Thailand and Australia fit into this pattern more specifically, and what are the key Thai commodities that reach Australia?
Public confidence in the expansion of the Thai economy continues to improve now that a clear election date has been set. The University of the Thai Chamber of Commerce expects spending during Valentines and Makha Bucha Day at no less than 6.3 billion baht.
A very interesting and informative article of the status of doing business in Thailand. It also contains a helpful summary of some of the business incentives on offer for foreign investment in Thailand.
On Thursday 27th November 2018, ATBC President, Doug Blunt, and Vice President, Jamie Gibson, had the pleasure of meeting the new Australian Ambassador to Thailand Designate, Allan McKinnon, at the DFAT offices in Sydney.
The ATBC welcomed the opportunity to meet the new Ambassador Designate, and discussed a range of issues including the history and role of the ATBC, bilateral trade, bilateral business sentiment, Thailand’s role in ASEAN, and other items of mutual interest.
The ATBC welcomes Allan’s appointment and looks forward to a positive productive working relationship with the Ambassador Designate and his office.
Allan takes up his new role in January 2019.
The ATBC would like to reiterate its thanks to the outgoing Ambassador, Mr.Paul Robilliard, and wishes him all the best in his future endeavours.
The Board of Investment (BoI) on Monday approved a new investment package to make next year “the golden year of investment”.
The new package includes a 50% reduction in corporate income tax for an additional three years after the tax holiday for large investment projects worth more than 1 billion baht, excluding land cost and working capital.
The ATBC held a successful AGM on 1 November 2018, and minutes and photographs from the meeting will be posted shortly. In the meantime, the AGM received good coverage on the “Thais in Australia” Facebook page. You can check it out here: