Another year of scandals, scams and wild moves for the Thai Stock Exchange - Thailand Business News

The Thai stock market experienced significant turbulence in 2023 due to scandals, defaults, and volatility. This resulted in a loss of investor confidence and highlighted the necessity for regulatory reforms. Thailand is planning to tighten listing regulations in response to recent accounting scandals, debt defaults, and share price fluctuations that have shaken investor confidence.

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Singapore signed a free trade agreement with the MERCOSUR trade bloc, which includes Brazil, Paraguay, Argentina, and Uruguay. This is Singapore’s first FTA with these countries and with the Mercosur bloc.

The deal is expected to boost trade, with over 100 Singaporean companies already operating in the MERCOSUR markets. The agreement includes flexible rules for the origin of goods and fair treatment for companies competing for government contracts.

Singapore has entered into a free trade agreement with the MERCOSUR trade bloc, which includes Brazil, Paraguay, Argentina, and Uruguay. This marks Singapore’s first FTA with both the individual countries and the Mercosur bloc as a whole. Notably, Venezuela’s membership in the bloc was suspended in 2016.

The MERCOSUR bloc has a collective population exceeding 295 million people and a GDP of US$2.…

In a bid to enhance tourism and business relations, Thailand has announced that it will be exempting Japanese business travelers from visa requirements for a three-year period, beginning next year.

Thailand has waived visa requirements for Japanese business travelers from January 1, 2024 to December 31, 2026. This decision was made by the Thai Cabinet on December 12, 2023. Japanese nationals with passports or travel documents can enter Thailand for business purposes and stay for up to 30 days without the need for a visa [1]. This move aims to facilitate business visits and strengthen economic ties between Thailand and Japan. The visa exemption for Japanese business travelers aligns with Thailand’s efforts to attract foreign investment and promote business activities in the country [2].

This visa waiver is applicable to individuals engaged in business activities such as attending meetings, conferences, exhibitions, or conducting business negotiations. …