Thai Law, Visa & Regulations News

Siam Makro Plc, the country's largest operator of cash-and-carry stores, expects its sales to hit 100 billion baht next year driven by higher domestic consumption stimulated by government spending and higher wages.

CAT Telecom has given Total Access Communication (DTAC) 90 days from yesterday to shut down its third-generation wireless broadband service or the state agency will file a complaint with an arbitration panel alleging breach of contract.

The Securities and Exchange Commission envisions setting up a trading board for selected companies in 2013. Coupled with auditors' support in catching listed and non-listed companies' pay-offs to politicians and civil servants, the watchdog hopes it can support the private sector's effort to combat corruption.

Total Access Communication (DTAC) will press ahead with the launch of its third-generation wireless broadband service in Bangkok this week as planned, despite a possible legal threat from its concession owner CAT Telecom.

There will be no immediate impact on AsiaPacific sovereign ratings resulting from the lowering of the issuer credit ratings on the US to 'AA+' on Friday, Standard & Poor's Ratings Services said today amid selloffs across the region.

A wide range of wireless broadband, especially a 3G network, is the fundamental key to the next wave of new technologies designed for greater user experience, according to participants at the "NForum" that brought various experts in the field together.

Regional rivals and foreign investors ready to act if higher minimum wages make Thailand less competitive.

Business owners should adjust themselves and support the new government's plan to increase the daily minimum wage, say economists from the Panyapiwat Institute of Technology and the Thailand Development Research Institute (TDRI).

Coal traders Asia Green Energy and Unique Mining Services will likely escape hardships from the court order to stop coal transportation in Samut Sakhon due to their spare storage space but sentiment towards their stock prices could soften, according to brokerages.

Advanced Info Service, the country's largest mobile operator, has started commercial 3G wireless broadband services as part of its 10-billion-baht network expansion this year.