Premier persuades Thai SEC chief to remain in post

Article Abstract:

The secretary general of Thailand's Securities and Exchange Commission (SEC) has been convinced to stay in his post hours after he handed his resignation paper. Ekamol Khiriwat decided to resign following talks that the commission's board would resign en masse to make way for a cabinet revamp. However, Ekamol withdrew his notice of resignation a little later after being assured by Prime Min. Banharn Silpa-archa that the SEC would retain autonomy and will not be subject to any political interference.

Officials and employees, Political activity, Appointments, resignations and dismissals, Silpa-archa, Banharn, Khiriwat, Ekamol

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Thai publisher sets out to quiet critics who say he plans more than he delivers

Article Abstract:

Two ambitious projects have been lined up by Sondhi Limthongkul, who aspires to be Thailand's equivalent of US publishing tycoon Rupert Murdoch, to bolster his credibility. Criticized in the past for failing to deliver on his promises, Limthongkul has plans of putting up a satellite for the Laos government, which will broadcast television programs across Southeast Asia. Sondhi also hopes to finally start publishing Asia Times, a regionwide newspaper, by Nov. 1995.

Holding companies, not elsewhere classified, Offices of Other Holding Companies, Personal Holding Companies, Planning, Holding companies, Limthongkul, Sondhi, M. Group PCL

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Thai plan to cut import duties will put heavy pressure on protected industries

Article Abstract:

Thailand has launched a two-year project that would increase free trade and reduce tariffs on many imported products. Average import taxe rates would be cut to only 17.01% as compared to the current 30.24%. Among the products that will experience such cuts are shoes, processed food and apparel which have hitherto been regarded as protected products. Nevertheless, the automobile, tobacco and alcohol industries have been spared from the import duty cuts.

International trade, Tariffs

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