Capital's new capital

Article Abstract:

Thailand will soon offer offshore-bankingservices with the approval of the plan to establish the Bangkok International Banking Facility. The facility hopes to extend loans to such countries as Laos,Myanmar, Vietnam and Cambodia. The Bank of Thailand, the country's central bank, is poised to grant to 15 commercial banks and 14 foreign banks with localbranches offshore-banking licenses. The central bank also is contemplating on giving licenses to foreign banks which do not have offices in Thailand. Tax incentives that will be provided by the facility include a 10% corporate incometax instead of the usual 30% and a 3.3% tax waiver on banking deals.

Commercial Banks, Foreign bank & branches & agencies, Banking industry, Services, Licensing agreements, Foreign banks, Thailand. Bank of Thailand, Bangkok, Thailand (City), Bangkok, Thailand

---

Copied to perfection: cloning accelerates breeding process

Article Abstract:

Thailand's tissue-culture industry, which began as an orchid breeding technique, has become a lucrative business. Orchid growers are receiving more plants to be cloned into plantlets from breeders worldwide. The advantages of cloning over the normal reproduction of seeds include that it produces plants that are identical to the original plant, giving breeders the chance to clone only the best, and it hastens the plant's growth process. Tissue-culture methods are being tested by cloning laboratories on other plants as well.

Ornamental nursery products, Methods, Thailand, Cloning, Tissue culture, Orchids

---

Stepping on the gas

Article Abstract:

Thailand's Charoen Pokphand announced on Jul 22, 1993 a joint venture with China Petrochemical. Together with Petroleum Authority of Thailand, they will create Petro Asia (Thailand), which will launch a new chain of gas stations. Other Petro Asia branches may follow in Guangdong province and elsewhere, and the group might build a 120,000 barrel-per-day refinery in Guangdong. The partners' complementary skills and assets suggest the project will succeed.

Joint ventures, Petroleum chemicals industry, Petrochemicals industry, China Petrochemical Corp., Thailand. Petroleum Authority, Charoen Pokphand Group

Similar abstracts:

• Abstracts: Vietnam's new capital. Surfing and skulking. No dong, no deal: corruption spreading rapidly in the north
• Abstracts: Personal chemistry. Another first. Nation builders: assembly lays foundation for rule of law
• Abstracts: White elephant stirs; Manila's deal with Westinghouse may not stick. Storm brewing; Philippine beer barons fight proxy battle in Congress
• Abstracts: No-man's land: Chinese municipality prospers as Hong Kong's partner in crime. Bill of wrongs: rule of law takes odd course in bribery trial
• Abstracts: Vaulting ambition. Hard facts. In the pink: Thailand's orchid exports blossom

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.