THE ORGANISATION for Economic Cooperation and Development (OECD) initiated the base erosion and profit shifting (BEPS) project in 2013 to address perceived gaps in international tax rules causing a loss of revenues for governments of about US$100 billion to $240 billion (Bt3.5 trillion to Bt8.4 trillion) annually.
A group of tourists off the Similan Islands in Thailand spotted some 30 false killer whales swimming in the Andaman Sea. Tourists began snapping pictures of the marine mammals, which are a type of dolphin when they began circling the boat. These animals are said to grow up to five to six metres in length upon reaching adulthood. Tour operators a...
PRIME MINSTER Prayut Chan-o-cha, aware of the damage corruption causes, made anti-fraud measures one of the national priorities for both the public and private sectors. Thai private company leaders can fast-track anti-fraud programmes, reducing risk to their bottom line, which addresses a government priority.
AS CORPORATES look eastward, one would realise that the Asia Pacific region is sprawling and is made up of many countries with differing monetary policy regimes. Several are still imposing some form of foreign exchange or capital controls.