Thailand’s DSI targets tobacco giant in tax evasion row

Thailand’s Department of Special Investigation has decided to file charges against US tobacco firm Philip Morris Thailand for allegedly under-declaring the value of its products to evade taxes. The DSI’s move contradicts a decision by public prosecutors, who decided in January to drop charges against the firm, 13 other companies and Philip Morris Thailand executive […]

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THAI Crew Members Protest Company’s Policy

Flight attendants of Thai Airways stage a protest against the company’s plan to cut operational costs by reducing the number of cabin crew on aircraft. Meanwhile, the airline’s labor union denies any involvement in the protest. Over 100 cabin crew members of national carrier Thai Airways International, led by Thai Crew Club chairman Jirayuth Phuchongkasamut, […]

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Widespred corruption in Thailand undermining business, causing companies to invest money elsewhere

Few Thai firms caught for bribery and illegal acts, researcher tells panel; fears for impact on development Bribery, red tape and corruption have to be reduced before Thailand becomes non-competitive and unsuitable for many corporations, which would seek to invest elsewhere, a roundtable on corporate good governance concluded last week.Building a climate of good governance […]

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