Punters' quarantine: Thailand plans an over-the-counter market
Article Abstract:
Thailand's Securities and Exchange Commission plans to open an over-the-counter (OTC) market to attract foreign investors. The OTC market will cater to institutions which have Baht 20 million in registered capital, and will offer brokerage commissions of 1%. Priorities will be given to provincial companies. Companies will have to satisfy the Commission about safeguards against manipulation and over-speculation. The opening of the OTC has, however, been delayed due to disagreements between the Commission and finance companies involved in organizing it.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Chopping the chopsticks: some labor-intensive firms flee Thailand
Article Abstract:
Taiwanese companies have opted for foreignoperations in countries with cheap labor costs such as Thailand because of the relatively high labor costs within Taiwan. Some of the Taiwanese firms in Thailand, however, are planning to move again, this time to China, because of the recent increase of the minimum wage in Thailand. Still, even with several of them making a move, many Taiwanese firms choose to stay and even more come in, making Taiwan the second highest investor country in Thailand, second only to Japan.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Mayday: economic and political woes slam Thai shares
Article Abstract:
Thai share prices dropped in Sep 1996 despite government measures to reduce the Thai current-account deficit. The Thai economy is slowing down but the deficit is not improving. The Bank of Thailand has sought to control inflation and demand for imports, but exports have also slowed. The outlook for share prices is not hopeful, and this is partly because many companies' shares were previously very much overpriced, according to one analyst from Jardine Fleming Thanakom Securities.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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